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Dominant Swedish retail hub to undergo major refurbishment and extension (SE)

Swedish property developer and investor–AMF Fastigheter–has announced a significant revamp and 6,000 m² extension to Gallerian, central Stockholm’s leading shopping center at the heart of the S ...

Land Securities sells The Centre and Almondvale West Retail Park, Livingston for €284.25 mln (UK)

Land Securities announces the sale of The Centre and Almondvale West Retail Park, Livingston to HSBC Alternative Investments Limited as part of its Club Deal program, together with Hines acting as ass ...

The Dutch fashion chain Mexx is bankrupt (NL)

On December 5, 2014 a judge in the Netherlands declared 315 Mexx stores worldwide including 95 locations in Canada, bankrupt. The judge appointed Frits Kemp as the receiver, for the aim of keeping the ...

AXA Real Estate completes the sale of a Finnish retail portfolio for €107 mln (FI)

AXA Real Estate Investment Managers, the leading real estate portfolio and asset manager in Europe(1), announces that it has completed, on behalf of one of its funds, the sale of a retail portfolio in ...

Benson Elliot moves into Wolverhampton with €75 million Mander Centre acquisition (UK)

Benson Elliot, the UK-based private equity real estate fund manager, has acquired the Mander Centre in Wolverhampton city center from Mander Investments Ltd. for £59 million (€75 mln), in a continu ...

Blackstone acquires five retail assets in Portugal (PT)

Blackstone Real Estate Partners Europe IV (“Blackstone”) announces that it has acquired a further five retail assets in Portugal for its European retail platform, Multi Corporation. Multi is one o ...

GRR German Retail Fund No.1 adds two local shopping centers in Lower Saxony to its portfolio (DE)

GRR Real Estate Management GmbH (GRR) has added two more retail properties to the portfolio of its GRR German Retail Fund No.1, with the purchase of two local shopping centres in Harsum and Nordstemme ...

Orion European Real Estate Fund IV buys three shopping centers in North East Italy (IT)

Orion European Real Estate Fund IV sponsored by Orion Capital Managers LLP has acquired a portfolio of three shopping centers in North East Italy from Unicomm, totaling 110,000 m² and 250 stores. Sou ...

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