Issue 2016 July 12th

    0

    The Future of Shopping Centres 2016: Event Debrief

    If you were foolish enough to miss our Future of Shopping Centres event last week, sponsored by TH Real Estate, the debate covered a broad church of topics, from demographics to Brexit, destination creation to the US experience. A common thread across the discussions was the need to devote more time, capital and imagination to [...]
    0

    Dublin deal for German and UK partnership hints at Irish revival

    Allianz Real Estate has secured ownership of the premium retail asset Dundrum Town Centre, located in the Irish capital Dublin, with its joint venture partner Hammerson, following the acquisition of the Project Jewel loan portfolio. Dundrum Town Centre is one of Ireland’s most renowned shopping and leisure centres. Allianz is acquiring 50% of the Dundrum [...]
    0

    EU referendum affecting investor sentiment with ongoing market uncertainty

    UK transaction volumes reached £877m in Q2 2016 and £1.46bn across the first half of the year, down 27% year-on-year, with a further £660m of stock under offer Around 51% of H1 volumes were accounted for by just two transactions – Grand Central Birmingham and intu Merry Hill, according to Cushman & Wakefield. In all, [...]
    0

    UK REIT exchanges on prime Oxford Street building

    British Land has exchanged contracts for the sale of 334-348 Oxford Street, London to a private investor for €467.5m. The asset is a seven storey building located near Bond Street Underground Station in London’s core West End shopping district. The building is let in its entirety to Debenhams until 2039. In addition, British Land has [...]
    0

    Specialist fund disposes of three Dutch neighbourhood schemes

    EPI Special Opportunities 4 (EPISO 4), the opportunity fund advised by pan-European real estate investment manager Tristan Capital Partners, has sold three neighbourhood shopping centres in the Netherlands for a total of circa €100 million. The disposals come six months after the purchase of the properties by the fund, which were originally part of the [...]