Image: BNP Paribas Real Estate
Ticker

BNP Paribas REIM sells the “Cube” retail portfolio for over €125M

BNP Paribas REIM has sold the « CUBE » portfolio to OM France and Mata Capital, which represents more than 113,000 sqm of retail space spread across 19 single-tenant properties located in France and operated mostly by the French brands, BUT and BABOU.

This portfolio, valued at over €125 million, benefits from a WALB (Weighted Average Lease Break) of 5 years.

BNP Paribas REIM France was advised by BNP Paribas Real Estate Transaction and JLL, under a co-exclusive sales mandate.

 

Sign up for our ACROSS Newsletter. Subscribe to ACROSS Magazine.

Sign up for our ACROSS Newsletter. Subscribe to ACROSS Magazine.

Ticker MORE

HMSHost will be part of the new Manchester Airport Terminal

Winning tender includes five new stores, of 5 to 7-year contracts, with a total contract value of 84 million euro, set to open in 2020.

Honfleur Normandy Outlet is pursuing its strategy to attract French and overseas tourists

With the arrival of summer, the outlet centre has increased its momentum.

MEC operates new center in Munich-Allach

EVER.S opens on July 18, 2019.

Capitol Park Kutina opens in October

After the successful operation of seven retail parks and neighbourhood centers in Croatia, Poseidon Group continues to expand its Capitol Park network throughout the country.

A new ambition for Better Places 2030, Unibail-Rodamco-Westfield’s CSR strategy

Better Places 2030 was launched in 2016 and its main objective was to reduce the Group’s carbon emissions by -50% by 2030.

CACI research reveals brands need physical stores to drive online sales

Whilst debate continues about the future of the High Street, research by CACI has revealed the negative impact of closing stores on brands’ online businesses.