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WP Carey acquires Dutch retail portfolio for €153m
WP Carey acquires Dutch retail portfolio for €153m

W. P. Carey has acquired a 36-property “Do-It-Yourself” (DIY) retail portfolio in the Netherlands from CRH for approximately €153m. The portfolio is triple-net leased ...

Grosvenor Group sells 20% stake in Sonae Sierra for €255m
Grosvenor Group sells 20% stake in Sonae Sierra for €255m

Grosvenor Group has agreed to sell 20% of its stake in Sonae Sierra to Sonae SGPS for c.€255m. The transaction will allow Grosvenor to realise capital and provide added firepower ...

Greenman Investments acquire Berlin retail centre for €79m (DE)
Greenman Investments acquire Berlin retail centre for €79m (DE)

Greenman Investments has acquired the Biesdorf Centre in Biesdorf, Berlin for c. €79m. Built in 2003 the Biesdorf Centre compromises c. 32,200m² of GLA with Kaufland ...

Sonae Sierra unveils plans for new Fashion City Outlet in Larissa (GR)
Sonae Sierra unveils plans for new Fashion City Outlet in Larissa (GR)

A new shopping and entrainment destination by Sonae Sierra and Bluehouse Capital is opening its doors in Larissa. Fashion City Outlet brings fashion and leisure one step from the ...

Multi appoints Luca Maganuco as managing director for CEE
Multi appoints Luca Maganuco as managing director for CEE

Multi Corporation has appointed Luca Maganuco as the new Managing Director for Multi Central and Eastern Europe, effective 1 July 2018. He will be responsible for Multi’s activities in ...

Legal & General acquires Cheltenham trade park for €23.2m (GB)
Legal & General acquires Cheltenham trade park for €23.2m (GB)

LGIM Real Assets has completed the acquisition of Kingsditch Trade Park, Cheltenham, for €23.2m (£20.5m), reflecting a net initial yield of 5.30%. The asset has been bought on behalf ...

Moscow to deliver 64,400m² of shopping centres by the end of 2018 (RU)
Moscow to deliver 64,400m² of shopping centres by the end of 2018 (RU)

According to JLL, three quality shopping centres were opened in Moscow in H1 2018, totalling 98,500m². With the new completions, Moscow shopping centre density reached 418m² per 1,000 ...

Atrium exits Romania with Bucharest shopping centre sale (RO)
Atrium exits Romania with Bucharest shopping centre sale (RO)

Atrium European Real Estate has completed the sale of the Atrium Militari shopping centre in Bucharest, Romania to MAS Real Estate Inc. for €95m, which represents a 9% premium to book ...

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