Dutch retail and residential investment specialist Altera Vastgoed has sold a shopping centre in the western Netherlands, in the province of South Holland, to a partnership of private investors represented by JansenDeJong.
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It’s beginning to look a lot like the end of 2020, and the fourth quarter of the solar year has a special place in the hearts of retailers as the traditional time of peak sales.
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Until just a few months ago, the prospect of food and beverage (F&B) tenants attracting crowds of diners to an asset was music to a landlord’s – and an operator’s – ears.
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While the food and beverage sector was one of the earliest and hardest hit by the pandemic, key trends coalescing around its social importance underline that F&B is still very much on the menu.
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In an interview with RetailWatch, Stephan Fickl, Neinver’s new group leasing director, explains how the firm’s strong brand partnerships continue to be the key to resilience.
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It’s been clear for a while that mixed-use schemes, exposing property owners to a range of asset classes, represent a smart play.
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Unibail-Rodamco-Westfield has attracted over €6.5 bn of demand from investors for a €2 bn debt issue, ensuring a very competitive price for the capital.
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Hammerson has appointed a former colleague of its new CEO to the newly-created role of chief operating officer.
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Citycon, the listed Nordic retail property specialist with a portfolio of 40 shopping centres across five countries worth €4.4 bn, is planning to create value from underutilised space at 22 of its locations.
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UK commercial property investor LXi REIT has acquired 11 foodstores and two discount stores for a total £61 mln (€68 mln), reflecting an average net initial yield of 5.7%.
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French property developer Icade has announced the sale of 261 housing units to Aberdeen Standard Investments for nearly €64 mln.
