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Retail

Realm leasing effort secures key upsize at Dalton Park

Specialist asset manager Realm has announced four strategically important lettings at Dalton Park in County Durham. These deals secured by Realm’s specialist in-house leasing team have significantly enhanced the asset for the owners as well as adding more destination appeal to consumers. The new brands joining the line up are...
Tuesday, 19. July 2022

Final close of AEW's £171m Urban Real Estate Fund

AEW is pleased to announce that its Urban Real Estate Fund (“UREF”) has completed its final closing, having secured £171m of equity commitments from leading institutional investors. In addition, an initial £30m debt facility has been secured. To date the fund has invested in nine retail assets, committing £133m of capital and...
Tuesday, 19. July 2022

Addington appoints Edgar Simmons and Jonathan Thorp

Addington Capita has added two new members to the team. Edgar Simmons has joined as an Associate Partner and investment real estate analyst focusing on acquisitions across the offices and retail sector and Jonathan Thorp has joined as an asset manager focusing on office, retail and residential assets within the Bonsai Portfolio.
Monday, 18. July 2022

RivingtonHark appoint Lunson Mitchenall on Victoria Leeds

Specialist retail and leisure agent, Lunson Mitchenall, has been appointed by RivingtonHark as leasing agents on Victoria Leeds. Acting on a joint agency basis with HDH and Central Retail, Lunson Mitchenall’s brief will cover retail, F&B leasing, and lease advisory across the estate, which is comprised of the Victoria Quarter...
Monday, 18. July 2022

Allianz and Helaba refinance Westfield Centro with €400 million

Allianz Real Estate, acting on behalf of several Allianz Group companies and institutional third-party co-investors, has provided €400 million in sustainability-linked debt funding for the refinance of the flagship Westfield Centro retail centre in Oberhausen.
Monday, 18. July 2022

Deutsche EuroShop to invest €20 million in Main-Taunus-Zentrum

A new highlight is to be added to the Main-Taunus-Zentrum, one of the largest and highest-turnover shopping centre in Germany: In the heart of the open-air shopping centre in Sulzbach near Frankfurt am Main, a new lively and urban centre with a high-quality, varied gastronomy and food offering is planned. Five new freestandin...
Monday, 18. July 2022

Lotus Cars and Gaia to debut at Crosstree's One Berkeley Street

Crosstree Real Estate Partners, the London-based private real estate investment firm, has announced the achievement of a series of significant milestones at One Berkeley Street in London’s Mayfair, its landmark development comprising 60,000 sq ft of prime fully refurbished Grade A offices, 20,000 sq ft of flagship retail and ...
Wednesday, 13. July 2022

MEAG and IC extent lease agreement with Müller in Weil am Rhein

MEAG, in collaboration with its property manager, IC Immobilien Gruppe, has concluded a long-term extension to the lease agreement with the drugstore chain Müller for approx. 2,600 m² in the “Einkauf-Insel” shopping centre in Weil am Rhein. The owner is MEAG German Super Stores, a specialised fund with which institutional inv...
Tuesday, 12. July 2022

Mitiska REIM holds €137 million first close on MEREP 3 fund

Mitiska REIM has today announced the first close at €137 million of its third flagship fund, Mitiska European Real Estate Partners 3 (MEREP 3), giving the fund over €270 million in immediate investment capacity. MEREP 3 aims to substantially increase the fundraising and plans further closings in the next 12 months.
Monday, 11. July 2022