Futureal Investment Partners, the recently launched real estate investment and asset management business of CEE developer Futureal, has completed its first acquisition with the purchase of the Manhattan shopping center in Gdansk.
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US sale-and-leaseback specialist WP Carey has announced the €41 mln sale-leaseback of 11 grocery retail stores totalling 13,100 m2.
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Germany's Hahn Group has acquired two retail properties in Coburg, Bavaria, and Krefeld, North Rhine-Westphalia, for a total investment volume of more than €60 mln.
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KS Holding, a subsidiary of Finnish listed conglomerate Kesko, has announced the sale of Ozols Centres in Riga to the Finnish Special Mutual Fund Titanium Baltic Real Estate for a price over €40 mln.
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European real estate investor Revcap has sold six German retail warehouses leased to wholesale company Metro to Tel-Aviv-based fund manager Mideal Real Estate Funds.
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Supermarket Income REIT has agreed to buy a Sainsbury’s supermarket in Cannock, Staffordshire, UK, from a client of CBRE Investment Management for £75.8 mln (€90 mln), excluding acquisition costs, representing a net initial yield of 4.0%.
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In September of this year, Vienna-headquartered Immofinanz revealed plans to build timber framed, sustainable housing on top of its single-storey Stop Shop retail parks.
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The real estate industry has woken up to environmental, sustainable and governance (ESG) reporting, with the property world displaying new vigour to make sure that assets – and business models – are up to scratch.
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Outlet specialist McArthurGlen Group has announced further success for its latest development, Designer Outlet Paris-Giverny, during Mapic in Cannes.
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From transforming internal communications in shopping centres to taking the entire inventory of physical malls online, there are plenty of reasons for retail real estate landlords to embrace the potential of proptech today.
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Swedish construction and property group Skanska has announced plans to build up an investment property portfolio focused around Stockholm, Gothenburg and Malmo.
