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Grocery schemes continue to decline as pressure mounts (UK)
tesco image thumb

Britains Big Four supermarkets (Tesco, Asda, Sainsbury’s and Morrisons) continue to reduce the amount of new supermarkets and developments as the grocery pipeline continues to shrink, according ...

Invesco and Thor acquire prime retail opportunity in Madrid (ES)
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Invesco Real Estate and Thor Equities have commenced leasing for 11 Puerta del Sol in Madrid, after completing the joint acquisition of this high street corner retail asset for around ...

Tristan fund acquires Bloomfield Shopping Centre in Northern Ireland’s Bangor for £54.5m (UK)
shopping

European Property Investors Special Opportunities 4 (EPISO 4), an opportunity fund advised by pan-European real estate investment manager Tristan Capital Partners, has acquired the Bloomfield ...

Rockspring adds £38.4m Liverpool shopping centre to UK Value 2 fund (UK)
clayton square

Rockspring Property Investment Managers, on behalf of Rockspring UK Value 2 Fund, has acquired Clayton Square, a high street retail block in Liverpool for £38.4m, reflecting a net initial yield ...

European office take-up exceeds pre-crisis levels
office

Demand for prime office space across Europe increased by 17% in 2015 setting a new aggregate record since 1999, according to CBRE.   Significant increases in leasing activity were recorded in ...

Union Investment fund acquires Vattenfall headquarters in Stockholm for €244m (SE)
vattenfall hq

Union Investment has acquired a fully let office property in the Stockholm office submarket of Arenastaden for its open-ended real estate fund Unilmmo: Deutschland. Office space comprises 97% of the ...

Delta Real Estate sells two shopping centres to Hyprop and Homestead Funds JV
dc podgorica

Delta Real Estate has sold two Delta City shopping centres in Belgrade, Serbia and Podgorica, Montenegro for a total of €202.7m to a joint venture between South African Hyprop, the ...

Cording takes over property management of the GEWA Tower, near Stuttgart (DE)
gewa tower

Cording Real Estate Group (Cording) has secured the property management mandate for the GEWA Tower at Schorndorfer Strasse 60 in Fellbach near Stuttgart. The building is currently still under ...

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