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Retail Parks

Real I.S. buys local retail centre

Real I.S. AG has acquired a newly-built local retail centre, located in the German town of Peissenberg, for the Real I.S. Regionalfonds Süddeutschland, the company’s regional investment fund for southern Germany. Seller is the Küblböck group of companies. The parties have agreed not to disclose the price of the deal.
Tuesday, 2. May 2023

Global investment manager sells four retail properties

Avison Young represented a global investment manager in the sale of a portfolio of four retail facilities, located in regional cities: Stara Cegielnia in Szczecin, Galeria Kosmos in Koszalin, OK Centrum Walbrzych and OK Centrum Strzegom, with a total area of about 15,000 square meters GLA. Information on the value of the sale...
Wednesday, 12. April 2023

Greenman Open buys Edeka portfolio for €55m

Greenman OPEN, one of the largest food-anchored retail real estate investment funds in Germany, has acquired a portfolio of six Edeka supermarkets for c. €55 million. The properties which total 20,660 sqm, were acquired directly from Edeka Northern Bavaria-Saxony-Thuringia under a brand-new long-term sale-and-leaseback agreem...
Wednesday, 12. April 2023

Union Investment acquires local retail park in Ludwigsburg

Union Investment has acquired off-market a highly frequented local retail park in Ludwigsburg, about 12 km north of Stuttgart. The purchase is being made on behalf of the institutional fund UII GermanM. The seller is a subsidiary of the Dutch real estate company Brack Capital Properties N.V. The parties have agreed to not dis...
Wednesday, 15. February 2023

Premcor completes and sells North Durham Retail Park

Privately-owned Co Durham based property development company, Premcor Estates has announced the completion of the North Durham Retail Park at Pity Me, Durham, attracting some major names.
Monday, 30. January 2023