RPPSE Espacio Oviedo, owner of the Modoo shopping centre in the Spanish city of Oviedo, has reportedly filed for administration after the Covid-19 pandemic hampered its ability to attract both tenants and investors.
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Greenman Open, a German food-retail focused investment fund, has entered into a €46 mln framework agreement with Schroder Holding, a German developer, securing the rights to acquire seven new standalone Edeka supermarkets.
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Savills Investment Management, the international real estate investment manager, has launched a European food retail–focused vehicle, the Savills IM European food retail fund.
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Dutch listed retail specialist Wereldhave has sold two retail assets in Amersfoort, the Netherlands and Bordeaux, France for a total of €57 mln.
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UK fashion giant Arcadia Group has appointed agents to oversee the sale of the former flagship Topshop store in central London.
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Belgian real estate asset manager Pertinea Property Partners has purchased the Oudeland and Wielwijk shopping centres on behalf of the RE-tail Return Partners II investment vehicle. Financial details were not disclosed.
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The Aberdeen Standard Norway Balanced Property Fund has acquired a mixed-use asset in Oslo, Finland from Promenaden High Street, a platform company of pan-European private equity real estate investment manager Mark.
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Dutch real estate investor Altera has continued its sale of non-core assets with the disposal of the Arendshof II shopping centre in Oosterhout.
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The consortium of Unibail-Rodamco-Westfield (URW) shareholders which successfully blocked the company's proposed €3.5 bn rights issue and transformed its governance, has formally terminated its temporary alliance.
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Global urban real estate specialist Gazit Globe has sold its sole property in Germany, as the Tel-Aviv-headquartered firm continues to dispose of non-core assets.
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Specialist office investor CA Immo has appointed Alexander Rafajlovic as head of market research & data analytics.
