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Asda to launch 28 new format stores (GB)
Asda to launch 28 new format stores (GB)

Asda has unveiled plans to expand in the convenience market by partnering with EG Group to launch 28 new Asda On the Move stores this year, up to 200 sites next year and the ambition to roll out ...

Metro Austria acquires AGM wholesale business
Metro Austria acquires AGM wholesale business from REWE

METRO Austria is taking over AGM, including 9 wholesale stores as well as the delivery business belonging to the operating locations and the company headquarters in Salzburg, with a total ...

LondonMetric sells Liverpool retail asset for €12m (GB)
LondonMetric acquires Liverpool retail asset for €12m (GB)

LondonMetric Property has sold a grocery asset in Liverpool for circa €12m (£10.2m), reflecting a NIY of 4.65%. The 29,000ft² asset was acquired in 2014 for €9.4m ...

PAREF Gestion acquires German retail park
PAREF Gestion acquires German retail park

Novapierre Allemagne 2 SCPI fund, managed by PAREF Gestion, advised by Principal Real Estate Europe, has acquired a retail property in Giengen, Germany. The vendor is a fund managed by the ...

Savills IM acquires Amsterdam shopping centre for €51m (NL)
Savills IM acquires Amsterdam shopping centre for €51m (NL)

Savills Investment Management (SIM) has acquired the Bos en Lommerplein shopping centre in Amsterdam, the Netherlands from a fund that was assisted in its asset management by Propertize, for ...

Lenta completes Semya Group acquisition for €28m (RU)
Lenta completes Semya Group acquisition for €28m (RU)

Lenta, one of the largest multi-format retail chains in Russia, has completed the acquisition of Semya Group business. The purchase price at closing amounted to €28m (RUB 2.45bn), ...

Galeries Lafayette rolls out new franchising project (FR)
Galeries Lafayette rolls out new franchising project (FR)

Galeries Lafayette is entering a new phase in the management of its store network in France with the launch of a project to grant franchises for seven locations to Societe des Grands Magasins, a ...

IKEA launches new inner-city store (AT)
IKEA launches new inner-city store (AT)

IKEA has launched new inner-city store in central Vienna. IKEA Westbahnhof, which opened on August 26, is the ?rst inner-city store to offer a full range of IKEA products and provide ...

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