Captiva, a German real estate investment company, has acquired a portfolio of seven retail properties in Germany from pan-European property specialist Patrizia for €96 mln.
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Global developer and shopping centre operator Unibail-Rodamco-Westfield (URW) has reopened 65 of its 90 shopping centres globally after the gradual easing of lockdown restrictions imposed across European and US cities.
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Ingka Centres, the shopping centre division of Ingka Group, an Ikea company, announced on Friday that a further three of its Meeting Places have re-opened, with malls in Italy and Spain joining those across Europe and China which had already resumed trading.
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Europe’s designer outlet group McArthurGlen announced on Thursday that it is to offer its stores a new support package offering rent relief from the 1st of April through to the 31st of December 2020.
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UK REIT Supermarket Income has joined forces with the British Airways pension fund to buy a 25.5% stake in one of the UK’s largest portfolios of supermarket properties for £102 mln (€114 mln).
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Legal & General, on behalf of its BMW (UK) Trustees fund, has sold a retail parade anchored by grocer Waitrose and a pharmacy at London's Clapham Junction for £25 mln (€28 mln).
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Sustainable community market initiative Mercato Metropolitano has inked its first deal outside the UK, with an agreement to become an anchor tenant of Potsdamer Platz Arkaden in Berlin.
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Austrian shopping centre developer and operator Spar European Shopping Centers (SES) has finally launched its latest scheme in Ljubljana, Slovenia, after a two month delay caused by the pandemic.
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German retail REIT Deutsche Konsum has bought a neighbourhood shopping centre in Magdeburg, Germany from independent asset management firm IC Immobilien Gruppe.
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Dutch retail specialist Eurocommercial has appointed chief financial officer Evert Jan van Garderen as its new CEO to succeed Jeremy Lewis when the latter retires in November 2020.
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AXA Investment Managers - Real Assets (AXA IMRA) has acquired a 75% stake in a newly created property company focusing on affordable housing in France, which owns more than 9,800 residential units in Greater Paris.
