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Londonmetric sells three retail parks for £31.6 million (UK)

LondonMetric has sold Nottingham Road Retail Park in Mansfield and St Mary’s Road in Sheffield to Henderson Global Investors for £19.2 million, reflecting a net initial yield of 6.77% and generatin ...

Savills: Yield gap closing between core and peripheral European retail markets (EU)

Research by Savills shows that investors into European retail assets are shifting their focus to peripheral markets as economic conditions stabilize, the pricing gap between buyers and sellers gradual ...

Argos opens doors on first digital concept store (UK)

Leading UK online and high-street retailer Argos yesterday unveiled its first of six digital concept stores that aim to redefine the role of a store for a digital future. The digital concept stores tr ...

Westfield and Hammerson’s £1bn retail redevelopment of Croydon’s town center approved (UK)

The London Borough of Croydon has resolved to grant planning permission to the Croydon Partnership’s outline planning application for the redevelopment of the Whitgift Center, marking a significant ...

Orchard Street acquires Stadium Retail Park, Wembley (UK)

Orchard Street Investment Management LLP has acquired Stadium Retail Park, Wembley for £14.2 million (approx. €17 million) from Quintain Estates and Development PLC. The purchase, reflecting a net ...

TIAA-CREF and CNP Assurances announce JV to invest in German retail properties (DE)

TIAA-CREF, today announced a joint venture with CNP Assurances, a leading French insurance company, to co-invest in three retail properties in Germany. The portfolio has a gross value of $1.2 billi ...

Noppen to host Russia Retail Property Development Summit on November 27-28 in Moscow (RU)

A new movement is gaining momentum with the construction of new shopping centers burgeoning in Russia, attracting giants, both local and global, from the retail real estate industry looking to acquire ...

IΚΕΑ Shopping Centres Russia rolls out shopping center refurbishment program and new food offering (RU)

IKEA Shopping Centres Russia, whose tenants include major western retailers such as Zara, Adidas and Debenhams, is undertaking a significant refurbishment program at 12 of 14 of its MEGA branded malls ...

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