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Debenhams store closures put 1,200 jobs at risk (GB)
Debenhams store closures put 1,200 jobs at risk (GB)

Debenhams Group Holdings has announced details of two proposed Company Voluntary Arrangements (the CVA): one relating to Debenhams Retail Limited, the main trading entity; and one relating to ...

CMA blocks merger between Sainsbury’s and Asda (GB)
CMA blocks merger between Sainsbury’s and Asda (GB)

In its final report, the Competition and Markets Authority (CMA) found that UK shoppers and motorists would be worse off if Sainsbury’s and Asda – two of the country’s largest ...

Supermarket Income REIT acquires regional Tesco store for €52m (GB)
Supermarket Income REIT acquires regional Tesco store for €52m (GB)

Supermarket Income REIT has acquired a Tesco Extra supermarket in Mansfield, Nottinghamshire, from the Charities Property Fund (CPF) for €52m (£45m) (net of acquisition costs), ...

British Land sells 12 Sainsbury’s stores for €496m (GB)
British Land sells 12 Sainsbury’s stores for €496m (GB)

British Land has sold 12 superstores from its joint venture with Sainsbury’s for €496m (£429m), representing a net initial yield of 5.0%, to Realty Income ...

Intu sells 50% stake in Derby shopping centre for €215.4m (GB)
Intu sells 50% stake in Derby shopping centre for €215.4m (GB)

intu properties and Cale Street Investments have established a 50/50 joint venture for the intu Derby shopping centre. The deal entails the acquisition of 50% interest in the property ...

Corestate closes latest German high street retail fund at €250m
Corestate closes latest German high street retail fund at €250m

Corestate Capital Holding has fully raised all equity for the club deal fund “Highstreet VIII,” invested in the last three properties and successfully closed the fund. The portfolio ...

Polarisation widens in European shopping centre market
Polarisation widens in European shopping centre market

As shopping centre markets reach maturity in most European countries, there will be growing polarisation between successful prime schemes and struggling secondary sites which are having to diversify ...

Alpha Real Capital acquires Sainsbury’s store in Sudbury for €39.4m (GB)
Alpha Real Capital acquires Sainsbury’s store in Sudbury for €39.4m (GB)

Alpha Real Capital has purchased a 66,000ft² Sainsbury’s store in Sudbury for €39.4m (£34m) reflecting a 4.7% net income yield (NIY). The lease to Sainsbury is for a term of ...

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