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APG has reached an agreement with the UK listed real estate company Hammerson to acquire substantially all of Hammerson’s remaining interest in VIA Outlets (includes Batavia Stad).

Hammerson announces proposed rights issue combined with sale of VIA Outlets delivering £825m gross proceeds to recapitalise and further reposition the business.

MEC is repositioning itself to manage its current and future growth even more efficiently.

Lotus Property, owners of Northern Ireland’s premier designer outlet, The Boulevard, has signed one of the UK’s most iconic brands to join the scheme in the run up to Christmas.

In its Annual Report, the company publishes last year’s results and the 2019 initiatives of its ESG (environmental, social and governance) strategy.

The MIMCO Capital group is continuing its real estate investments in Germany with the recent acquisition in asset deal of two retail assets in Bitterfeld-Wolfen, Saxony-Anhalt, and Plauen, Saxony, on behalf of its “Everest One SICAV-RAIF” fund.

Sinsay, the Polish LPP brand signed with Colosseum Mall to open its flagship store in Bucharest, thus bringing an unique concept to the Romanian market. With a surface of 2000 sq m, the store from Colosseum Mall is going to be the largest LPP store in Romania, Sinsay branded.

ESTAma announces the sale of a Combi supermarket in the Münsterland city of Cloppenburg (Germany) to Synvest German Real Estate Fund.

The German outlet centre, managed by Neinver since 2017, has recorded five solid years of growth in sales and foot traffic. Last year, the centre attracted close to 2 million visitors.

Queensberry announced a landmark letting at its Metquarter asset. It has obtained planning permission that will allow Liverpool media, music and performing arts institution LMA to open a brand new state of the art teaching campus at the repurposed shopping centre.

Supermarket Income REIT, the UK supermarket real estate investment trust providing secure, inflation-protected, long income from grocery property in the UK, announces the acquisition of the Tesco Extra in Newmarket, Suffolk, from Standard Life Pooled Pension Property Fund for £61.0 million (excluding acquisition costs), reflecting a net initial yield of 4.6%.

Since opening their doors on June 15, The Boulevard, Banbridge and The Junction, Antrim, two of Northern Ireland’s largest out-of-town retail schemes, have enjoyed a significant rise in footfall comparable to the same period in 2019 and unlike many high streets, this hasn’t dipped dramatically as the novelty of being out wears off.

M&S has today announced proposals to move to a leaner, faster retail management structure as part of its Never The Same Again programme.

CBRE Switzerland has won the exclusive letting mandate for one of Switzerland’s best-known retail properties in a bidding contest. The owner of the iconic building with the prestigious address Bahnhofstrasse 75/79 is Swiss Life.

First half of 2020 saw a record high investment activity with EUR 3.5 billion of investment transactions closed, including pending transactions at final stage. Although this has been a 30% better result than during the corresponding period last year, achieving this year a similar result to record-breaking volume of EUR 7.8 billion registered last year may be difficult – according to Avison Young.

Shelley Sandzer, the leading specialist leisure property agency, and Gerald Edelman, one of the leading mid-market business advisory and professional services firms in the UK, have announced the creation of a new business, Shelley Sandzer Corporate Finance (SSCF).

Global real estate services firm Cushman & Wakefield has been named the Best CEE/SEE
Retail Real Estate Agency at the HOF Awards & Forum.

Marks and Spencer will relocate to a flagship 20,000 sq ft store at Two Rivers compromising a new foodhall over 50% larger than the old store in the town. Lidl have also chosen Two Rivers as its preferred location in the town satisfying a long held requirement. Lidl opened a 15,700 sq ft store at the end of June.

Ingka Investments, the investment arm of Ingka Group (owner and operator of 381 IKEA stores) announces that a purchase agreement to acquire prime real estate in the heart of Paris has been signed. The space will be used by IKEA Retail France and the total investment is 130 million euros.

Jim Tucker, David Pike and Mike Pink from KPMG’s Restructuring practice have been appointed joint administrators to intu properties plc.

The Frankfurt-based asset and property manager GPEP GmbH appointed real estate economist Mischa Koch as Head of Key Account Management and Business Development in early June.

Hines, the international real estate firm, has signed a long-term lease with food wholesaler Kaufland for the Mira shopping center in northern Munich, Bavaria.