Altera Vastgoed sold its property on Kaap de Goede Hooplaan in Utrecht to an abrdn fund.
Klépierre closed the disposals of the two retail assets Boulevard Berlin and a retail park in Bordeaux.
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.
Focus Estate Fund has finalized the deal on the sale of two of its retail properties in Czech Republic to DRFG investment group: Centro Ostrava Retail Park (GLA 7, 699 sq m) in Ostrava and Most Retail Park (GLA 6, 471 sq m) in Most. The Fund acquired these assets in 2016 and 2017, respectively.
The asset was exited by KS Holding to Titanium Baltic Real Estate. The former shopping center Galerija Azur was acquired by the seller in 2016 and redeveloped over three years, then opened under the new name Ozols.
Revcap has sold six Metro stores with a total leasable area of ca. 130,000 sq m to Israeli fund manager MiDEAL Real Estate Funds.
CBRE Investment Management, on behalf of the European Co-Investment Fund (ECF), has sold BIG Shopping Park in Copenhagen, owned in a joint venture with Portus Retail Partners to M&G Real Estate–part of M&G plc’s £65 billion private assets and alternatives business. The sale represents one of the largest European single-asset retail transactions.
Commerz Real has sold the Orange les Vignes retail park in southern France to Bradford Asset Management for €35.5 million for its RPCI fund. It had been in the portfolio of the Hausinvest open-ended real estate fund since its completion in 2010.