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Kennedy Wilson and Varde purchase portfolio of eight UK shopping centers for £250 million (UK)

International real estate investment and services firm Kennedy Wilson and Varde have acquired a portfolio of eight shopping centers out of administration for £250 million (approx. €297.17 million). ...

Vastned sells stake in Het Rond shopping center to Altera Vastgoed (NL)

Vastned, the listed European retail property fund focusing on venues for premium shopping, has sold its 50% stake in shopping center Het Rond in Houten to co-owner Altera Vastgoed. Taco de Groot, V ...

Hermes makes major French sale-and-leaseback deal (FR)

Hermes Real Estate Investment Management Limited (HREIML) has acquired a 75% interest in a diversified sale and leaseback portfolio of French wholesale stores from METRO Cash and Carry France (MCCF) a ...

British Land acquires 50% stake in SouthGate, Bath for £101 million (UK)

British Land is pleased to announce that it has entered into an agreement to purchase 50% of SouthGate in Bath from Multi Southgate (LP) Limited for £101 million. The remaining 50% is owned by Aviva ...

Fonciere des Regions sells its Altera stake to Crédit Agricole for €115 million (FR)

Fonciere des Regions, a French property company reported yesterday that it has sold the 7.65% interest that it owned in Altarea Cogedim, a French retail retail property developer and owner, to Crédit ...

ECE and CA Immo’s Skyline Plaza Frankfurt am Main opened to the public (DE)

Skyline Plaza opened its gates to visitors on August 29 for the first time. The shopping center will provide approximately 170 specialty shops, service and gastronomy providers on a sales area of abou ...

Cartier opens new flagship store in Avenida da Liberdade, Lisbon (PT)

Cushman & Wakefield announced the opening of the new Cartier flagship store in the Étoile 240 building in Lisbon. Cartier who opened in July has an area comprising of 575 m² and its elegant i ...

CBRE: Hong Kong still most expensive city for retailers, followed by New York, Paris, London and Sydney

Hong Kong is by far the world’s most expensive city for global retailers, but prime rents in New York, London, Tokyo and Zurich are on the rise, according to new research from global property adviso ...

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