The UK's Supermarket Income REIT has acquired four grocery stores in the UK for a total purchase price of £82.9 mln (€96 mln), excluding costs, reflecting a combined net initial yield of 4.9%.
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Shopping centre developer, owner and asset manager Multi is embarking on a new chapter as a standalone company amid a challenging time for retail. Co-CEOs Steven Poelman and Elmar Schoonbrood spoke to PropertyEU about their plans.
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M&G Real Estate has continued to consolidate its exposure to the “defensive French food sector” with a €32 mln acquisition of a Géant Casino hypermarket in Toulouse, which is fully leased to major French retailer, Casino Group.
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French listed property firm Frey has strengthened its position in Iberia with the acquisition of the Finestrelles open-air shopping centre in Barcelona for €127.5 mln.
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Auroroa Eiendom, the Scandinavian property company busy assembling a large retail portfolio in Norway, has acquired Gulskogen mall, Arkaden, and a 25% stake in Maxi shopping centre from Steen & Strøm, majority owned by Klépierre and APG.
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London-based real estate investment company Aprirose has sold the Marine Point prime multi-let leisure development to David Samuel Properties for £44 mln (€51 mln).
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Global private equity real estate investor M3 Capital Partners (M3) has sold a leading UK-based motorway service area developer to a consortium of institutional investors for an undisclosed sum.
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Unibail-Rodamco-Westfield (URW) has agreed the sale of Almere Centrum in the Netherlands to a group of private investors led by UMB Group for €155 mln.
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Ingka Centres, part of the Ingka Group that also includes IKEA Retail and Ingka Investments, has unveiled the latest in its mixed-use meeting places with the opening of Hej!Workshop, a 700 m2 coworking space at its meeting place in Kungens Kurva, near to Stockholm.
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Mitiska REIM, the investor in European convenience real estate, has launched Ninouter, a retail park with a CO2-neutral building in operation in the Belgian city of Ninove, located 30 km west of Brussels.
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Sirius Capital Partners, through its Sirius Fund IV, has signed an agreement to acquire seven assets, consisting of 261 rental apartments, from Finnish construction company Hartela.
