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CBRE Global Investors, on behalf of the CBRE Dutch Retail Fund, sells five shopping centres in the Netherlands to a consortium of ARC Real Estate Partners and a US based private equity fund. The assets that have been sold are: De Maasboulevard in Venlo, Corridor & Passage in Veenendaal, Mercurius Centrum in Assen, Stadhuispas...
Planning permission for four new retail units at Wynyard Business Park in Stockton-on-Tees was granted. The new shops, restaurants or cafes at the junction of the A19 with the A689 will serve more than 2,000 office workers at Wynyard Business Park, 1,500 households in the nearby Wynyard Park housing development, and 9,000 peo...
Corum Asset Management has completed the off-market acquisition of 40-46 Donegall Place, a retail asset in Belfast, in what is the largest retail investment transaction in Northern Ireland so far this year. 40-46 Donegall Place, which is currently home to Northern Ireland’s flagship Next store and Dublin-based Eason, and exte...
Coop has sold a 131.300 sq.m. business-, campus- and retail portfolio in Aarhus South to Dades A/S. Catella Corporate Finance has acted as financial advisor to Coop in the sale. Historically, the transaction is one of the largest ever carried out in Aarhus. Due to the size of this transaction, the final closing is dependent u...
Foxtrot has opened a new store for home appliances in Forum Lviv, with a store space of more than 1,300 sq.m. The new Foxtrot store is located in the main atrium on the first floor and has become the anchor operator of the shopping centre.
Metro Bank and TK Maxx have entered a leasing agreement to take space with Hammerson on Broadstreet in Bristol’s shopping quarter. Metro Bank is set to open a first site in the city later this year, taking a projected 24,000 sq ft of space, which will comprise office and training space the upper floors as part of its regional...
Happy Home Furnishers has entered a new 10-year lease for its new 12,650 sq ft superstore at Phoenix Retail Park in Swansea, joining existing occupiers Dreams, Iceland, and Home Bargains at the popular site. The Phoenix Retail Park is owned by Barberry Developments. Morgan Williams and Fletcher Morgan acted jointly on the le...
After 40 years of ownership, Aspelin Ramm has sold Alna senter shopping centre in Oslo to Joh Johannson Eiendom AS. The centre has five million annual visitors and an annual turnover of NOK 2 billion.
Samsung Electronics and Argent agreed to lease a 20,000 sq ft showcase space at Coal Drops Yard, the new district in King’s Cross, London. Located between two reimagined Victorian coal drops, in a top floor dual-aspect space, Samsung KX LDN sits at the very centre of Coal Drops Yard.
Corum Asset Management has completed the off-market acquisition of 40-46 Donegall Place in Belfast in what is said to be the largest retail investment transaction in Northern Ireland so far this year. The property is currently home to Northern Ireland’s flagship Next store and Dublin-based Eason, and extends to 67,000 sq ft....
Real I.S. has acquired Benger-Haus, a fully-let office and commercial property at Marktplatz 12 in central Stuttgart. The acquisition was concluded on behalf of an institutional investor. The property has been in the family ownership of the sellers for many generations. The parties have agreed not to disclose the purchase pri...
More than one million football fans are expected to visit Moscow for the Football World Cup in Russia, Colliers International predicts that the event is likely to have a significant impact on vacancy rates in Moscow's retail property market, calculating that the demand for short-term leases from retail and food and beverage o...
With the opening of the refurbished and expanded Intersport and Stradivarius stores, the first stage of the expansion of Arena Centar in Croatia's capital has been completed, so far expanding the largest shopping centre by approximately 2,000 of the planned 5,500 sq metres.
IC Immobilien Gruppe has concluded an early lease extension with Toom Baumarkt GmbH for the retail property at Hammer Strasse 455-459 in Münster. Toom, which has been the single tenant at this location since 1999, will thus remain at the property, which is managed by IC Immobilien Gruppe, until the beginning of 2029.
Carter Towler has let 753 Chesterfield Road, Woodseats, Sheffield to Betfred. Acting on behalf of landlord Skinners Ltd, a 10 year lease was negotiated on the property.
The construction of the Colloseum Mall project and the expansion of the existing retail scheme with a new concept will start later this year. This stage of the development will cost €30 million and will combine commercial and office use. The 16,500 square meters of new GLA as an extension of existing retail development, Colos...
Across the country's commercial property, capital values increased 0.3% in May, up from the 0.1% reported in April, according to the latest CBRE UK Monthly Index. Rental values were flat in May for the second consecutive month. Retail sector capital values decreased -0.3% in May, marking 5 months of flat or falling capital gr...
More retailers could soon leave Birmingham city centre in the wake of the announced closure of the city’s iconic House of Fraser department store, according to Nick Wint, head of the retail professional department at Birmingham-based chartered surveyors Johnson Fellows. The planned departure of House of Fraser from the city’s...
