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 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, ...
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 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 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 ...
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 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 ...
Hammerson has exchanged contracts on the sale of St Oswald’s Retail Park, Gloucester, to a local authority for €63.2m (£54m). The sale price reflects a net initial yield of 8.5% and ...
