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Prime Retail appointed by PwC on Phones 4u administration (UK)

Prime Retail have been appointed by PwC to advize on the Phone 4u property portfolio. Their role will be to assist the joint administrators’ team at PwC to realize value from the remaining leasehold ...

KGAL acquires retail park in Erding, Munich for institutional real estate fund (DE)

The KGAL Group has purchased Erding retail park for an institutional real estate fund with a forward-looking mixed-use concept. The heavily frequented retail park lies within the Munich catchment area ...

Rockspring completes acquisition of Helvetia Parc, Germany (DE)

Rockspring Property Investment Managers (“Rockspring”), has acquired Helvetia Parc, a 30,000 m² retail park in Groß-Gerau, 30 kilometres outside of Frankfurt, Germany, on behalf of TransEuropean ...

Karlin RE acquires retail portfolio in Spain and Portugal from Redevco (ES/PT)

In its first European acquisition outside of the UK, Los Angeles-based Karlin Real Estate has acquired in an all cash transaction, a 23,810 m² portfolio of retail properties located in Spain and Port ...

CBRE Global Investors acquires dominant shopping center for €153 million in Spain (ES)

CBRE Global Investors has completed the acquisition of El Boulevard Shopping Centre in Vitoria, Spain. The superregional dominant shopping center has been purchased for €153 million. The asset has b ...

British Land takes Drake Circus, Plymouth to the Next Stage with €51 million leisure development (UK)

British Land announces that it has signed an agreement with Plymouth City Council to develop Drake Circus Leisure, a circa 100,000 ft² (9.290 m²) leisure scheme next to its 570,000 ft² (52.954 m²) ...

World Retail Congress: China switches from the world’s factory to consumer superpower, but rise of middle class shopper is both an opportunity and a threat

Global retailers face seismic changes as China’s rising middle classes flex their new found spending power. Spiraling wages will transform the country from the ‘world’s factory’ to the ...

MITISKA REIM acquires retail park in Serbia (RS)

MITISKA REIM, a Brussels-based real estate investment management company, has acquired an 85% interest in the retail park Capitol Park Šabac in Serbia. MITISKA REIM made this investment on behalf of ...

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