Altera acquires local shopping center Het Stroink

Altera Vastgoed has acquired off-market local shopping center Het Stroink in Enschede (NL) from WP Retail Invest CV (“WPRI”). The center has recently been renovated by WPRI to create a retail complex with a pharmacy, a medical center, three primary schools, a nursery and a petrol station.

LaSalle acquires £600m UK designer outlet portfolio

LaSalle Investment Management has acquired two outlet centers in the United Kingdom, McArthurGlen Designer Outlet Cheshire Oaks and McArthurGlen Designer Outlet Swindon, for £600 million from Nuveen Real Estate.

Mitiska REIM acquires retail center in Beek (NL)

Mitiska REIM announced the acquisition of Makado Beek retail center from Syntrus Achmea, on behalf of the First Retail International 2 Fund (FRI 2) and in partnership with local co-investment partner and asset manager 3W Real Estate. It is one of the largest retail centers in the Netherlands, attracting over 3 million visitors per year.

Union Investment acquires Planetencenter from Savills

Union Investment has acquired the retail park Planetencenter for the UII GermanM special real estate fund from the seller Savills Investment Management.

KGAL acquires Charles Square Center in Prague

KGAL has acquired the Charles Square Center in Prague with retail, office space, gastronomy, and healthcare for a pan-European special AIF. The downtown retail and office complex with a total of nearly 20,000 sq m of leasable space has a number of international tenants. The seller of the property was Commerz Real.

BIG CEE acquires Delta City mall in Montenegro for €95 million

BIG is expanding its operation in Eastern Europe and the Balkans by acquiring their first property in Montenegro: Delta City mall, located in the capital Podgorica.

Hunter REIM sells retail park portfolio to Centerscape Investments

Hunter REIM sold to Centerscape two retail parks located in Warsaw and Inowroclaw (Poland), offering ca. 4, 550 sq m of leasable space, both assets having the Netto chain as grocery anchor operator.

LCP acquires two major retail assets for €165 million

LCP Group has kicked off 2022 with its biggest retail acquisition to date, signing a €165 million deal for two UK shopping centers.

Greenman OPEN acquires three retail parks in Germany for €90 million

Greenman OPEN (OPEN) has acquired three retail parks for a combined value of c.€90 million, increasing the fund’s AUM to more than €1 billion.

HIH Invest Acquires Warnow Park retail center in Rostock

HIH Invest Real Estate acquired Warnow Park in Rostock (Germany) on behalf of an individual mandate given by an institutional investor. The district center in the Lutten Klein district was sold by Highstreet VIII, a retail property fund managed by Corestate.

Ampega and Hahn Group acquire Krohnstieg Center in Hamburg

As strategic partner, the Hahn Group has accompanied the acquisition of the Krohnstieg Center by a special fund affiliated with Ampega Investment GmbH. The seller of the property is Hamburg-based HBB, with iMallinvest Europe GmbH acting as the transaction advisor.

Altera sells Utrecht retail park to abrdn

Altera Vastgoed sold its property on Kaap de Goede Hooplaan in Utrecht to an abrdn fund.

Focus buys Turawa Park shopping center in Poland

Ukrainian real estate investor Focus Estate Fund has acquired the Turawa Park shopping center in Opole, southern Poland, from Edinburgh-based Abrdn for an undisclosed sum.

Niam acquires two mixed-use centers in Stockholm

Niam has acquired Väsby Centrum and Bålsta Centrum, both with strategic locations close to important commuter hubs in northern Stockholm, from Grosvenor Europe. The properties have a variety of necessity driven retail such as grocery, healthcare, and restaurants.

Redevco acquires 1960s Templars Square shopping center for €42.5 million

On behalf of one of its investor clients, Redevco has purchased Templars Square in Oxford for €42.5 million from New River. The 1960s local shopping centre is to be transformed into a landmark residential-led mixed urban scheme over the next decade.

Hammerson sells Silverburn shopping center to Henderson Park

Hammerson announced it has completed sales of six non-core assets for total gross cash proceeds of ~ €107.7m since the half year. The largest constituent is the exchange an unconditional contract for the sale of Silverburn, a 100,000 sq m shopping center near Glasgow.

Altera buys convenience center in Helmond (NL)

Altera Vastgoed NV has purchased the Brouwhorst neighbourhood shopping center in Helmond. The object is an open-air convenience center servicing the local community and was built in 1987. It consists of six blocks and was partially renovated in 2015.

Futureal buys Galeria Bemowo shopping center in Warsaw

Futureal Investment Partners has acquired the Galeria Bemowo shopping centrr in Warsaw. The acquisition is the company’s third, following the Manhattan Shopping Center in Gdansk and Wratislavia Tower in Wroclaw.

Axis Retail Partners and Generali buy St Georges Shopping Center

Axis Retail Partners, in partnership with Generali, have exchanged contracts to buy St Georges Shopping Centre off market at a NIY of 8.3% from RDI REIT on behalf of pension fund clients of LaSalle Global Partner Solutions.

TwentyTwo buys Chasse Sud retail park in France

Eurocommercial Properties NV (Eurocommercial) has sold Chasse Sud, its hypermarket anchored retail park at Chasse-sur-Rhône in France to TwentyTwo Real Estate, a European real estate investment and management firm.