Finnish real estate company Citycon has sold the Stopp Tune shopping centre in Sarpsborg, Norway for €20 mln, bringing its year-to-date divestment total to €354 mln.
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NEPI Rockcastle has agreed to buy Silesia City Center, a shopping mall in Katowice, Poland.
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German investor and developer Art-Invest Real Estate has made its first Stockholm acquisition, purchasing Sweden's largest outlet mall in Barkarby, north of Stockholm, from Patrizia.
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As Mapic 2024 wraps up in Cannes, retail landlords across Europe will be thinking hard about the future of the asset class, touched by topics as broad as the experience economy and the rise of artificial intelligence (AI).
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Nordic real estate investor Nordika has invested SEK 400 mln (€35 mln) to become the largest shareholder in grocery property platform Vendus.
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Global real estate investment firm Slate Asset Management has purchased a fully-leased distribution centre in Bridgwater, UK, from Aviva Investors, for an undisclosed price.
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Global alternative investment firm Strategic Value Partners has agreed to acquire Blanchardstown Centre, a prime retail and leisure destination in Ireland, in a deal valued at just under €600 mln.
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Global institutional investment firm Taconic Capital and Multi Corporation have acquired Centro Commerciale Valecenter in Venice, Italy, for an undisclosed amount.
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German-listed real estate company Branicks Group has sold a retail property in Bremen city centre to municipal urban developer Brestadt for €37.2 mln.
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Nordic real estate company Citycon is selling its Tallinn-based Kristiine keskus shopping centre for €129 mln, a 9% discount on its latest book value.
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Opportunistic investors KKR and Baupost confirmed the acquisition of a portfolio of 33 Marriott International hotels across the UK from ADIA, while listed property group Covivio completed the purchase of 43 hotel properties in France, Belgium and Germany, in a €800 mln swap deal with AccorInvest.
