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IKEA to test small retail formats (UK)

Home furnishing retailer IKEA announced plans to test a number of new retail formats in the UK. IKEA will explore different Order and Collection Point formats in selected markets, using this as an opp ...

Beltane JV acquires 9.290 m² Southbank office from M&G real estate (UK)

Beltane Asset Management in a joint venture with affiliates of Angelo, Gordon & Co has acquired a 100,000 ft² (9.290 m²) office block in Southwark, just 400m south of the River Thames. In ...

ICSC’s European Advisory Board welcomes two new members (EU)

The International Council of Shopping Centers’ (ICSC) European Nominations Committee has appointed Joris de van der Schueren, Fund Director & Head of International Retail Clients, Redevco B.V, t ...

Klépierre agrees on disposal of a €770 mln retail portfolio (NL)

Klépierre announced it has reached a conditional agreement with Wereldhave on the disposal of a portfolio of nine shopping centres located in the Netherlands for a total consideration of €770 mln, ...

CORESTATE Invests €370 mln in retail properties in Germany (DE)

CORESTATE, a specialized real estate investor based in Zug, Switzerland, announces the €370 mln acquisition of 35 handpicked and well located retail buildings in prime locations in pedestrian zones ...

ParkLake shopping centre to open in 2016 (RO)

ParkLake, a Sonae Sierra and Caelum Development Joint venture project, located in Sector 3 of Bucharest, represents €180 mln in investment and will open doors in 2016. Construction is und ...

Schroders purchases Hammersmith’s Kings Mall shopping centre for €215.6 mln (UK)

Commercial investment entity, Matterhorn Palos Partnership, a joint venture between Matterhorn Capital and Brett Palos Investments, has sold Kings Mall shopping centre in Hammersmith, London, to Schro ...

Delhaize Group and Royal Ahold agree on €26 bln merger

Leading European food retailers Delhaize Group and Royal Ahold N.V. today announced that they have entered into an agreement to merge. The combined company, which will be named Ahold Delhaize, wil ...

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