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The Restaurant Group to close 125 branches as it launches CVA (GB)
The Restaurant Group to close 125 branches as it launches CVA (GB)

The Restaurant Group has announced a proposal to reduce the size of its Leisure estate and rental cost base by the implementation of a company voluntary arrangement (CVA). The CVA ...

COVID-19 to accelerate restructure of retail property sector
COVID-19 to accelerate restructure of retail property sector

COVID-19 will accelerate the restructuring of the retail property sector, particularly in the United Kingdom, revealed the latest study by the Urban Land Institute (ULI). According ...

NEINVER reopens its European centres
NEINVER reopens 100% of its outlet portfolio in Europe

NEINVER reopened its four Greater Madrid and Barcelona outlet centres in Spain, thus resuming operations across all its retail portfolio in Europe. NEINVER closed in March the 16 outlet ...

SuperValu in Dublin goes on the market for €27m (IE)
SuperValu at Swords Pavilions in Dublin goes on the market for €27m (IE)

A 4,522m² store occupied by SuperValu, Ireland’s largest supermarket chain, has been placed on the market for sale with a guide price of €27m, representing a Net Initial Yield of ...

Cibus Nordic Real Estate acquires Finnish retail portfolio
Cibus Nordic Real Estate acquires Finnish retail portfolio

Cibus Nordic Real Estate has acquired a portfolio of 18 retail assets in Finland. The divestment is made by two real estate funds, managed by Trevian Asset Management Oy, whose investors ...

URW reopens its shopping centres
URW reopens its shopping centres

Unibail-Rodamco-Westfield (URW) has announced that 65 of its 90 shopping centres have re-opened after the easing of restrictions imposed because of the COVID-19 crisis. With the ...

Carrefour further expands in Taiwan with €97m deal
Carrefour expands in Taiwan

Carrefour has entered into an agreement with Dairy Farm to acquire Wellcome Taiwan, consolidating its position as the leading multi-format food retailer in that market. The transaction involves 224 ...

Patrizia sells German DIY portfolio for €96m
Patrizia sells German DIY portfolio for €96m

Patrizia AG has sold a portfolio of seven retail properties in Germany to Captiva, a German real estate investment company, for €96m. Comprising 71,000m² of total rental space, ...

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