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House of Fraser to close stores in restructuring plan (GB)
House of Fraser confirms CVA (GB)

House of Fraser, the UK and Ireland’s premium department store group, has confirmed that its parent company, Nanjing Cenbest, has announced that international retailer C.banner has entered into ...

Agore Kiinteistöt acquires two Finnish shopping centres
Agore Kiinteistöt acquires two Finnish shopping centres from Barings (FI)

Agore Kiinteistöt has purchased two Finnish shopping centres (Revontuli in Rovaniemi and Galleria in Lappeenranta) from a fund advised by Barings Real Estate. The properties compromise a ...

The Crown Estate relaunches Princes Arcade (GB)
The Crown Estate relaunches Princes Arcade (GB)

  Princes Arcade, the one-of-a-kind shopping arcade in the heart of St James’s, has been relaunched following a complete refurbishment to offer modern retail boutiques for outstanding ...

Kennedy Wilson acquires prime mixed-use property in Cork for €87.5m (IE)
Kennedy Wilson acquires prime mixed-use property in Cork for €87.5m (IE)

Global real estate investment company Kennedy Wilson has acquired The Elysian in Cork, Ireland for €87.5m from real estate funds managed by Blackstone.   The acquisition comprises ...

Sainsbury's and Asda agree on €15.1bn merger (GB)
Sainsbury's and Asda agree €15.1bn merger (GB)

J Sainsbury plc and Walmart Inc have agreed terms in relation to a proposed combination of Sainsbury's and Asda Group Limited, a wholly owned subsidiary of Walmart, to create an enlarged ...

Immofinanz opens two retail parks in Serbia
Immofinanz opens two retail pars in Serbia

Immofinanz has opened two further retail parks of its STOP SHOP brand. The STOP SHOP portfolio has now grown to 72 locations with roughly 500,000 m² of rentable space in eight countries. The new ...

Hines and Universal-Investment complete €600m Apple Paris store deal (FR)
Hines and Universal-Investment complete €600m Apple Paris store deal (FR)

Hines and Universal-Investment have completed the acquisition of 114 Champs-Elysées along with the long-term lease with Apple for approximately €600m from independent investment ...

Atrium exists Romania with €95m sale of Bucharest mall
MAS Real Estate acquires Atrium Militari shopping centre in Bucharest for €95m (RO)

Atrium European Real Estate Limited has entered into an agreement to sell Atrium Militari shopping centre in Bucharest, Romania to MAS Real Estate Inc., for €95m representing a 9% ...

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