Retail Parks

Cromwell Property Group sells six retail centres across Poland, held by the Cromwell Polish Retail Fund, to Star Capital Finance for €285 million. The portfolio totals more than 219,000 sq m and includes rights in six shopping centres: Janki in Warsaw, Kometa in Toruń, Korona in Wrocław, Tulipan in Łódź, Ster in Szczecin and ...

ZDR Investments, on behalf of its managed funds, has acquired three retail parks in Prevalje, Ravne, and Slovenj Gradec.

With the acquisition of prime retail box assets in Helsinki Metropolitan Area, Swiss Life Asset Managers Nordic further grows its real estate footprint in Finland and diversifies the portfolio for its clients.

Eurofund Group has officially announced that international fashion retailer, Primark, will take a unit of approx. 3,400 sq metres at Parma Retail, located in Parma, Northern Italy.

Legal & General Investment Management's Managed Fund, headed by Rob Codling, Senior Fund Manager, have acquired Tesco Yarrow Road Poole from clients of abrdn for £46.1m. The transaction reflects an effective net initial yield of 7.75%.

Kesko has acquired two properties from eQ Commercial Properties Fund: the Sinikallio shopping centre in Mankkaa, Espoo, and the property where its K-Citymarket Salo hypermarket operates. Kesko has long been the primary tenant and main user of both properties.

Newgate Investment planned and implemented the processes of reconstruction and recommercialization of the former Outlet Bialystok project located in Bialystok at 67 Wysockiego Street with an original GLA of 13,336 m².

Multi Corporation hat acquired a newly developed fast food asset in Kampen. The property is leased for 15 years to KFC, which opened its restaurant in March, and represents Multi Corporation’s third fast food property acquisition following two acquisitions in 2023. The property was developed by TBW Projects, part of Dutch ind...

Cushman & Wakefield has summarised the situation on the Polish retail market. The opening of 2024 is encouraging and new retail space supply in the coming months is likely to match or even surpass last year’s total. The Polish market continues to attract interest from new brands, borne out by several debuts. More arrivals are...

M Core launches ‘Square 7 part of M Core’, a strategic joint venture between M Core and Square 7 Properties, to establish a new management platform for the portfolio of 25 retail parks across Romania. Co-CEOs of M Core Romania, Sebastian Macdonald-Hall and James Fife led the initiative with Clemens Petschnikar of Square 7 Pro...

Metro Retail Park is now fully let, following the opening of NCF Living, the retailer specialising in sofas, dining, and beds. Metro Retail Park in Gateshead benefits from its adjacency to Metrocentre, one of the top five super regional malls in the UK and number one destination in the North East.

Supermarket Income REIT has acquired a Tesco omnichannel supermarket in Stoke-on-Trent, Staffordshire, for a total purchase price of £34.7 million (excluding acquisition costs), reflecting a net initial yield of 7.5%. The REIT also announced that´s manager has made amendments to its investment advisory agreement to protect it...

RockCapital has sold Rock Park in Przeworsk to ME Invest, a company owned by TERG S.A..

Branicks Group AG notarised in the first quarter of the year the disposal of a retail property in Regensburg.

Mitiska REIM on behalf of the FRI 2 fund sold a French and Portuguese retail park to Sogenial Immobilier. This sale marks the completion of Mitiska REIM’s value-creation programs for these assets, and follows similar divestments in Belgium, Portugal and Romania over the past three months which have delivered more than €500 mi...

Focus Estate Fund reached a significant milestone in its development – the acquisition of Island Green Retail Park in Wrexham. This strategic investment marks a significant step forward for Focus Estate Fund as it enters the market known for its unique scale and dimensions, different market principles, and some name variation...

Garbe Institutional Capital as asset manager has acquired an additional investment property in Swisttal on behalf of the retail property fund ENGA Handelsimmobilien-fonds Nr. 1 launched with Service-KVG IntReal International Real Estate. The seller is a project vehicle of RN Beteiligungs GmbH.

AM Alpha has acquired a retail park in Sintra with a lettable area of over 20,000 sqm. The property is the leading retail park in Portugal and part of the largest retail hub in the immediate vicinity of Lisbon. AM Alpha is acquiring the retail park as the lead investor in a joint venture with several European family offices. ...