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Barings acquires German retail park for c.€13m
Barings acquires German retail park for c.€13m

Barings has acquired a newly built retail park in Bad Kreuznach, Germany, from local developer, REBA Residenz Bautrager, for c. €13m. The c. 3,900m² property is 100% let on long leases ...

Deutsche Investment acquires Neuenburg retail property (DE)
Deutsche Investment acquires Neuenburg retail property (DE)

Deutsche Investment just acquired a grocery retail location with a lettable floor area of around 1,968m² in the town of Neuenburg (Baden-Wurttemberg) for its latest separate asset pool, ...

M7 Real Estate acquires Great Lodge Retail Park for €51m (GB)
M7 Real Estate acquires Great Lodge Retail Park for €51m (GB)

UK Commercial Property REIT Limited has exchanged contracts for the sale of Great Lodge Retail Park in Tunbridge Wells, to M7 Real Estate for c.€51m (£46.25m) less rent guarantee ...

Co-op to create 1,000 jobs with store expansions worth €145m (GB)
Co-op to create 1000 jobs in €145m stores expansion move (GB)

Co-op is set to dish-up more than three food stores each week until December as plans to serve new neighbourhoods accelerate. The convenience retailer will launch over 65 stores new and extended ...

M7 acquires a UK retail portfolio for €175m (GB)
M7 acquires UK retail portfolio for €175m (GB)

RDI has exchanged contracts for the disposal of its UK retail parks portfolio of six assets for €175m (£156.9m) to M7 Real Estate Limited, on behalf of M7 Box+ II. The ...

UK shoppers remain nervous about returning to high streets (GB)
UK shoppers remain nervous about returning to high streets (GB)

The latest footfall figures for non-food stores to be released by Ipsos Retail Performance show that in July – the first full month after the re-opening – the return to the ...

Benson Elliot acquires Berlin retail centre for €65.5m (DE)
Benson Elliot acquires Berlin retail centre for €65.5m (DE)

Benson Elliot has acquired an 18,600m² grocery-anchored retail asset from RDI REIT for €65.5m. Located in the Steglitz-Zehlendorf borough in the south-west of Berlin, it is the first ...

New Look unveils new CVA proposal (GB)
New Look unveils new CVA proposal (GB)

New Look Retail Holdings has launched a CVA proposal to seek approval from landlords and unsecured creditors to reset 402 UK stores to a turnover rent model. Nigel Oddy, Chief Executive ...

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