Korean investors swoop on West Midlands retail park in year’s biggest deal (GB)

Hana Financial Investments has acquired the Gallagher Shopping Park in the West Midlands from KKR and Quadrant Estates for €196.4m (£175m) – the largest single-asset sale in the UK ...

Supermarket Income REIT acquires Sheffield retail asset for €58m (GB)

Supermarket Income REIT has acquired a Morrisons’ supermarket in Sheffield from Opus North for €58m (£51.7m), reflecting a net initial yield of 4.9%. The supermarket is ...

First outlet centre to debut in northern Moravia (CZ)

TK Development has unveiled the opening date for the Outlet Arena Moravia property, its first outlet centre in Ostrava and neighbouring regions. Scheduled to welcome first ...

McArthurGlen to launch construction of €179.5m Cannock Designer Outlet (GB)

McArthurGlen has confirmed that construction of the €179.5m (£160m) designer outlet in Cannock near Birmingham, the UK’s second largest city, will commence this month. This ...

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 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 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)

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 ...

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