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Hercules Unit Trust sells shopping park in Hayle for £26 mln (UK)

Hercules Unit Trust has sold the West Cornwall Shopping Park in Hayle to IM Properties for £26 million (approx. €31.2 million), reflecting a net initial yield of 5.4%. The 50,000 ft² (approx. 4 ...

Hammerson and Aviva sell Queensgate Shopping Center to Invesco for £202 million (UK)

Hammerson plc and Aviva Investors, who own Queensgate Shopping Centre in Peterborough in a 50:50 joint venture, have exchanged contracts to sell the freehold of the center to Invesco Real Estate for ...

Londonmetric creates £175 million joint venture with LVS to acquire DFS portfolio (UK)

LondonMetric Property Plc has exchanged contracts to acquire a portfolio of 27 DFS assets from the administrators to Delphi Properties Limited for a purchase price of £175 million (approx. €209.6 m ...

W. P. Carey affiliates acquire retail portfolio from Agrokor for €67 million (HR)

W. P. Carey Inc. announced today that CPA®:17 – Global and CPA®:18 – Global, two of its publicly-held non-traded REIT affiliates, acquired five modern retail stores from Agrokor in Croatia. A ...

Tristan Fund buys German shopping center (DE)

CCPIII, a fund advised by pan-European real estate investment manager, Tristan Capital Partners, has acquired a shopping center in the German town of Witten in North Rhine-Westphalia from CONCEPTA Pro ...

Klepierre to sell 127 shopping malls to Carrefour for €2 bln (FR)

Klépierre today announced that it has signed a memorandum of understanding for the proposed disposal of a portfolio of 127 Carrefour-anchored retail galleries to a consortium led by Carrefour and cap ...

Orion acquires Meraville Retail Center in Bologna from Pradera for ca. €80 million (IT)

Meraville Retail Centre in Bologna, Italy has been acquired by Orion European Real Estate IV CV, a fund managed by Orion Capital Managers. The acquisition of 35,452 m² site from Pradera Holdco Sarl c ...

CA Immo AG acquires 49% share of JV partner AXA in P1 Portfolio in Warsaw (PL)

CA Immobilien Anlagen AG has successfully concluded negotiations with AXA Investment Managers Deutschland GmbH concerning the acquisition of a 49% share in the “P1” Portfolio in Warsaw. The total ...

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