Monthly Archives: July 2017

Delancey and Land Securities divest

This comes after Delancey client DV4’s sale of its 50% stake in Southside Shopping Centre to Invesco Real Estate for £150 million (€178 million), and Land Securities’ sale of its 50% stake in ShopStop, Clapham Junction, to DV4. The third-party … Continue reading

Commerz Real buys Forum City Mühlheim, Germany

The seller was a special-purpose entity managed by JP Morgan Asset Management, a subsidiary of the US investment bank JP Morgen Chase. The purchase price was not disclosed. “Dominant shopping centers like Forum City Mühlheim—centrally located and with sustainable concepts—play … Continue reading

News on Ada Mall: Binding term sheet for financing

Ada Mall will offer 34,400 sq m of state-of-the-art retail space. The shopping center will be in Cukarica, directly opposite Ada Ciganlija, a popular recreational area. “We are very proud to be the main financial partner of this project in … Continue reading

Bouwfonds IM with Dutch convenience shopping center initiative

Recently Bouwfonds IM put together a targeted real estate investment portfolio focused on Dutch convenience shopping centers comprising one or more supermarkets and a cluster of convenience stores. CEO Jaap Gillis comments: “The Netherlands is a stable investment market with … Continue reading