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Helical signs £75 million revolving credit facility with Barclays (UK)

Helical Bar has signed a new £75 million (approx. €88 million) revolving credit facility with Barclays Bank, refinancing £49.3 million of existing debt, leaving £25.7 million available to fund fu ...

Multi Development’s first shopping center in Ukraine under construction (NL/UA)

Multi Development Ukraine LLC will start the construction of the Forum Lviv shopping center in the inner city of Lviv, today. It is Multi’s first shopping center in Ukraine and it will be one of the ...

KKR acquires UK retail park property portfolio (UK)

Kohlberg Kravis Roberts & Co. L.P. today announced that entities advised or affiliated with KKR, including KKR Financial Holdings, have agreed to acquire a 430,000 ft² (approx. 39,950 m²) Retail ...

Henderson secures planning consent for £40 million redevelopment at Central Retail Park, Manchester (UK)

Henderson Global Investors, on behalf of its flagships £1 billion (approx. €1.18 billion) Retail Warehouse Fund, has received detailed planning permission for a foodstore led regeneration at Centra ...

The Sungate Trust buys 40% of the General Motors Building in the largest New York investment sale since 2008 (US)

The Sungate Trust, formed for the benefit of the family of Ms. Zhang Xin, and M. Safra and Co., Inc., the New York-based investment firm of the Safra family, have purchased a 40% stake in the General ...

Valad Europe to redevelop and extend Centrum Janki shopping center, Warsaw (PL)

Valad Europe is to redevelop and extend Centrum Janki shopping center in the southern part of Warsaw. The €60 million redevelopment, expected to begin in Q2 2014 with a target completion date of ...

Simon Property and McArthurGlen form joint venture for European designer outlets (EU)

Simon Property Group, Inc. and McArthurGlen Group announced today that they have signed a definitive agreement to form a joint venture through which SPG will invest in McArthurGlen, the leader in upsc ...

Londonmetric agrees sale of £247.56 million distribution portfolio (UK)

LondonMetric a UK REIT, has exchanged contracts on the sale of 11 distribution assets for a total consideration of £247.56 million (approx. €290.4 million), reflecting a net initial yield of 6.25%, ...

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