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Conforama and Casino are to create a joint central purchasing agency (FR)
conforama store

French retailer Casino and furniture chain Conforama, owned by South African group Steinhoff, have forged a co-operation agreement to use a combined €1.3bn ($1.45bn) of purchasing power to boost ...

Logistics companies move warehousing into German city centers (DE)
Logistics

Whether it’s via tablet from the couch or via smartphone on the go, today every second person in Germany shops online. According to a study carried out by RetailMeNot in cooperation with the ...

Lidl expands across UK and into the US (DE)
lidl store

Germany's grocery chain Lidl is now the UK’s fastest growing chain, and is heading to the US. Earlier this year Lidl announced to open 281 stores within London alone. It is now preparing ...

Germany’s state finance ministers discuss property tax reforms (DE)
German Federal Ministry of Finance

The Faz and the Süddeutsche Zeitung reported on the latest meeting of Germany's Federal State Finance Ministers on 08.09.2016, during which Hesse’s Finance Minister, Thomas Schäfer ...

Activum SG fund has purchased three properties from Klépierre for €61m (ES)
shopping center

A fund managed by ActivumSG Capital Management Ltd. (ActivumSG), the turnaround specialist focused on European real estate investments, has added to its portfolio of Spanish shopping centers by ...

Deka Immobilien acquires top office building in Oslo (NO)
Oslo

Deka Immobilien GmbH has acquired a prestigious office building in the central business district of Oslo. The property was sold by Norwegian Property (NPRO), a real estate company listed on the ...

Europa Capital and Addington acquire residential-led property in Sheffield for €42.81m (GB)
Velocity Tower

Europa Fund IV, managed by Europa Capital, and Addington Capital have acquired Velocity Village, Tenter Street, Sheffield in a joint venture for €42.81 million (£36.75 million). Cushman ...

Ascencio purchases BUT store for €12m in Houdemont (FR)
BUT International

Ascencio has completed the acquisition of the BUT store located in the retail area of Houdemont. BUT counts for almost 300 stores in France. It shares the top three spot in the furnitures ...

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