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Supermarket Income REIT acquires regional Tesco Extra for €66.8m (GB)
Supermarket Income REIT acquires regional Tesco for €66.8m (GB)

Supermarket Income REIT has acquired the Tesco Extra in Newmarket, Suffolk, from Standard Life Pooled Pension Property Fund for €66.8m (£61m), reflecting a net initial yield ...

Swiss Life acquires Glatt shopping centre (CH)
Swiss Life acquires Glatt shopping centre (CH)

Swiss Life is taking over the Glatt shopping centre in Wallisellen from the Federation of Migros Cooperatives (FMC). The new owner wants to continue the management of the shopping centre ...

Spar expands its Italian portfolio
Spar expands its Italian portfolio

Maiora, SPAR Italy Partner for the Centre and South of Italy, has opened a new INTERSPAR Hypermarket and two new EUROSPAR Supermarkets in Abruzzo, a key strategic region for the retailer. These store ...

Tattersall Lorenz secures German retail mandate
Tattersall Lorenz secures German retail property mandate

Tattersall Lorenz has received property management instructions for a portfolio of mainly retail properties from an asset manager in southern Germany. It covers all-inclusive property ...

Marks & Spencer to cut 950 jobs (GB)
Marks & Spencer to cut 950 jobs in planned restructure (GB)

M&S has unveiled plans to move to a leaner, faster retail management structure as part of its Never The Same Again programme. At its full-year results in May, the company has ...

Union Investment acquires Neucolln Carree retail park for €27m (DE)
Union Investment acquires Neucolln Carree retail park for for €27m (DE)

Stenprop has exchanged contracts on the sale of its long leasehold interest in the Neucolln Carree retail park in Berlin, Germany to Union Investment for €27m. The disposal price ...

Colosseum Mall to open in 2021 (RO)
Colosseum Mall to open in 2021 (RO)

The opening of Colosseum Mall, initially planned for the end of this year, is rescheduled for 2021, considering the unpredictability of the business environment under the impact of Covid-19 pandemic. ...

SPAR opens four stores in Eastern Spain
SPAR opens four stores in Eastern Spain

SPAR Spain member Fragadis has opened a new store in June and reopened three existing stores following extensive renovations in the eastern part of the country. The three refurbished stores feature ...

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