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Principal Real Estate acquires retail warehouse centre in Velbert (DE)
Principal acquires retail warehouse centre in Velbert (DE)

SCPI Novapierre Allemagne fund, advised by investment manager Principal Real Estate Europe and managed by asset manager PAREF Gestion, has acquired a retail warehouse and local shopping ...

intu welcomes first AliExpress store in Europe (ES)
intu welcomes first AliExpress store in Europe

intu has welcomed the first physical store in Europe for AliExpress to its Madrid shopping centre, intu Xanadu. The shopping centre, which is a joint venture between intu and Nuveen Real Estate, ...

Hines and NBG to develop new outlet mall in Athens (GR)
Hines and NBG secure Athens' retail scheme (GR)

Hines has entered into a joint venture with the National Bank of Greece (NBG) to redevelop Athens Heart Mall into a 22,000m² premium outlet mall. The scheme, which will be renamed Gazi ...

Cromwell acquires investor interest in Polish retail fund
Cromwell acquires investor interest in Polish Retail Fund

Cromwell Property Group has exercised its pre-emptive right to acquire a third-party investor interest in the Cromwell Polish Retail Fund (CPRF), which it has managed since acquiring the investment ...

Leasinvest invests €71.8m in Austrian retail portfolio
Leasinvest invests €71.8m in Austrian retail portfolio

Leasinvest Real Estate acquired two retail parks near the largest shopping complex in Austria, Shopping City Sud. The retail scheme comprises 330 shops spread ...

Supermarket Income REIT acquires regional Sainsbury's for €60m (GB)
Supermarket Income REIT acquires regional Sainsbury's for €60m (GB)

Supermarket Income REIT has acquired the Sainsbury's supermarket in Preston, Lancashire from Legal & General for c.€60m (£54.4m), reflecting a net initial yield of ...

Dunnes Stores opens upscale food hall at Ilac Centre (IE)
Dunnes Stores opens upscale food hall at Ilac Centre (IE)

Hammerson and Irish Life, joint owners of the Ilac Centre, have announced that Dunnes Stores has opened its new, premium food hall in Dublin city’s Ilac Centre, bringing some of Ireland’s ...

intu Lakeside launches €79.5m leisure extension (GB)
intu Lakeside launches €79.5m leisure extension (GB)

intu has launched the €79.5m (£72m) leisure extension to intu Lakeside this week to attract millions more people to one of the UK’s most popular shopping destinations. The ...

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