Hammerson acquires Saint Sébastien shopping center in Nancy (FR)

Hammerson has agreed to acquire the majority stake in Saint Sébastien shopping center in Nancy, North East France, from AXA Real Estate on behalf of one of its clients for £109 million (approx. €1 ...

ATP Real Estate and PensionDanmark acquire the Magasin property on Kongens Nytorv (DK)

ATP Real Estate and PensionDanmark have just acquired the historical buildings on Kongens Nytorv in Copenhagen, where the department store Magasin is located. The two investors each hold a 50 pct. sha ...

Corio sells four properties for €104.0 mln in France (FR)

In line with its strategy, Corio has sold four retail properties in France for a total amount of € 104.0 million in December 2013 to one buyer. The disposals concern Quais d’Ivry in Paris (GLA 32, ...

Helical Bar secures circa £100 mln refinancing of office and retail assets with pbb Deutsche Pfandbriefbank (UK)

Helical Bar announced that it has secured a new circa £100 million (approx. €120.7 million) five year debt facility from pbb Deutsche Pfandbriefbank, refinancing £46 million (approx. €55.5 mil ...

C&R increases stake in The Mall Fund to 29.26% (UK)

Capital & Regional, announced that it has agreed the acquisition of a total of 30.689 million units in The Mall Shopping Centre Fund ("The Mall Fund"), increasing the Group's holding from 26.0% to ...

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 ...