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Greenman acquires €112m of Kaufland-anchored retail centres (DE)
Greenman acquires €112m of Kaufland-anchored retail centres (DE)

Greenman OPEN has notarised a deed to acquire 5 food-anchored retail properties with a combined purchase price of c. €112m, increasing its portfolio value to c. €707m and consolidating its ...

Commerz Real acquires 20% stake in 10 Kaufhof department stores (DE)
Commerz Real acquires 20% stake in 10 Kaufhof department stores (DE)

Commerz Real has taken up a stake of 20% in 10 Kaufhof department stores with the intention of developing them and increasing their value in the medium term. The remaining 80% will continue to ...

NewRiver acquires Bravo Inns pub portfolio for €21m (GB)
NewRiver acquires Bravo Inns pub portfolio for €21m (GB)

NewRiver has acquired a community pub company Bravo Inns Limited for c.€21m (£17.9m), representing an EBITDA multiple of 6.8x. Bravo Inns owns 44 wet-led community pubs, ...

PAREF Gestion invests in Frankfurt retail portfolio (DE)
PAREF Gestion invests in Frankfurt retail portfolio (DE)

The SCPI Novapierre Allemagne fund, managed by PAREF Gestion and advised by Principal Real Estate Europe, has acquired a portfolio of four retail warehouse centres with convenience shopping potential ...

Klépierre unveils Créteil Soleil extension (FR)
Klépierre unveils Créteil Soleil 12,000m² extension (FR)

Klépierre has inaugurated the 12,000m² extension of its Créteil Soleil shopping centre, the flagship of its portfolio in France. This is the first stage of an even ...

LondonMetric invests c.€17m in roadside assets (GB)
LondonMetric invests c.€17m in roadside assets (GB)

LondonMetric Property has acquired c.€17m (£14.5m) of long income roadside assets, reflecting a NIY of 5.9% which rises to 6.6% after five years. The acquisitions comprise a ...

NewRiver acquires Sprucefield Retail Park for €46.7m (GB)
NewRiver acquires Sprucefield Retail Park for €46.7m (GB)

intu properties has exchanged contracts for the sale of Sprucefield Retail Park to NewRiver REIT for €46.7m (£40m), in line with the June 2019 valuation. The asset is ...

Corum AM acquires Elverum retail park (NO)
Corum AM acquires Elverum retail park (NO)

Corum Asset Management, acting on behalf of its fund Corum XL, has closed its first transaction in the Norwegian market, acquiring the recently developed Elverum retail park. The company was advised ...

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