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St. Modwen and Salhia sell Elephant & Castle Shopping center for £80 mln to Delancey and APG (UK)

Key Property Investments, a 50/50 joint venture between St. Modwen and Salhia Real Estate Company K.S.C , today announced that it has completed the sale of the Elephant & Castle Shopping Centre to ...

Henderson sells Parisis Park in Franconville to Cordea Savills (FR)

Henderson’s European Retail Property Fund – Herald, has sold Parisis Park in Franconville near Paris to Cordea Savills, for c. €40 million. Cordea Savills has purchased the asset for its Europea ...

NewRiver acquires 202 public houses from Marston's Plc to convert into retail (UK)

NewRiver Retail Limited, the UK REIT specializing in value-creating retail property investment and active asset management, announces that it has exchanged contracts to acquire a major portfolio of pu ...

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 ...

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