The directors of Barton Square Limited have hired agent Savills to sell the redeveloped retail and leisure destination in Trafford Park, Greater Manchester after being approached by a number of interested bidders.
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German asset manager Deutsche Investment has acquired a neoclassical heritage site in Dresden comprising residential and commercial units from property company Quantum Immobilien.
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Real estate investor and manager Cromwell Property Group and York Capital Management have sold the final asset from the Cromwell Netherlands Diversified Partnership (CNDP).
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UK grocery store investor Supermarket Income REIT has acquired a Sainsbury’s supermarket in Melksham, Wiltshire, and a Waitrose supermarket in Winchester, Hampshire, from LaSalle Investment Management for £64.8 mln (€73 mln).
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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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German property investment volumes plummeted 48% in the first quarter, with only €14.8 bn of assets traded in the first three months of the year, according to broker CBRE.
