Dutch-Belgian retail group Ahold Delhaize has acquired Profi Rom Food, a major grocery retailer in Romania, for an enterprise value of €1.3 bn from private equity investor MdEuropa.
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Romanian real estate developer Opus Land Development will open an extended retail park north of Bucharest on 22 October as part of an €20 mln investment.
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Retail property investor and asset manager Pradera announced on Thursday that its Italian arm has been appointed as property manager, exclusive leasing agent and retail strategic advisor for Le Isole Shopping Centre in Gravellona Toce, Buonvento Shopping Centre in Benevento and Brinpark Retail Park in Brindisi, Italy.
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French shopping centre owner and developer Frey has acquired a major open-air shopping centre in Cagnes-sur-Mer, France, from Unibail-Rodamco-Westfield for €272.3 mln.
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A syndicate of underlying investors in the AEW Europe City Retail Fund have appointed an alternative fund manager to take over as manager.
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Savills Northern Ireland has sold the Foyleside Shopping Centre in Derry/Londonderry, Northern Ireland, for £27 mln (€31 mln) on behalf of its client.
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UK REIT British Land and Norges Bank Investment Management, managers of Norway's sovereign wealth fund, are looking for a buyer for Meadowhall shopping centre in Sheffield, UK, according to media reports.
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SES Spar European Shopping Centers is consolidating its position in the Northern Italian market.
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UK REIT Ediston Property Investment Company (EPIC), which invests in retail warehouses, has agreed the sale of its entire property portfolio to Realty Income as it moots the liquidation of the company.
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Multi Corporation, a European retail management and development company, has acquired a KFC fast-food restaurant located in Sittard, the Netherlands.
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Amro Partners and Flemyn have secured planning approval to construct a new £220 mln (€253 mln) build-to-rent (BTR) development on the site of the former Croydon Park Hotel.
