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LondonMetric acquires Marks & Spencer distribution warehouse in Sheffield for £32.2 million (UK)

LondonMetric Property Plc has exchanged contracts to acquire the Marks & Spencer (“M&S”) Distribution Centre in Sheffield from clients of CBRE Global Investors for a purchase price of £32 ...

Ahold agrees strategic acquisition in the Czech Republic (CZ)

Ahold is pleased to announce that it has entered into an agreement to acquire SPAR’s business in the Czech Republic for an enterprise value of CZK 5,245 million (approx. €198 million). The acquisi ...

Land Securities sells Overgate, Dundee to L&G for £125.3 million (UK)

Land Securities has exchanged contracts to sell the Overgate centre, Dundee to Legal & General Property for £125.3 million (approx. €150.15 million) Overgate is the dominant retail center in ...

Alexander Otto to be new shareholder of Sonae Sierra Brasil (DE/BR)

Alexander Otto, CEO of European shopping center market leader ECE, expands his business activities to Brazil and will henceforth become shareholder of the shopping center company Sonae Sierra Brasil, ...

ECE opens extended Parc Central in Tarragona (ES)

The extension of Parc Central shopping center in the Spanish city of Tarragona was opened on February 27. Operated and leased by the ECE subsidiary Auxideico, the shopping center has a total rent ...

Ikea Shopping Centres Russia unveils plans to upgrade its MEGA malls (RU)

IKEA Shopping Centres Russia (IKEA SCR) has announced details of its brand new food court concept and mall extension plans, which are set to attract a raft of retailers and western restaurant operator ...

ECE Fund acquires G3 Shopping Resort Gerasdorf near Vienna from BAI (AU)

The ECE European Prime Shopping Centre Fund acquired G3 Shopping Resort Gerasdorf from BAI Bauträger Austria Immobilien GmbH and Ekazent Realitätengesellschaft m.b.H. ECE will take over management a ...

The Meadows Retail Park added to SPF portfolio (UK)

Schroder UK Property Fund (SPF) is today announced the completion of The Meadows Retail Park,  Springfield Road in Chelmsford for £19.7 million (approx. €24 million), reflecting a 6% net initial y ...

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