Issue 2019 January 8th

    0

    European fund invests in mixed-use London scheme on Oxford Street

    The flagship value-add property fund for Hines in Europe has bought an asset in London’s West End for a mixed-use project. The €720m Hines European Value Fund (HEVF) acquired 354–358 Oxford Street from Transport for London for an undisclosed sum. Hines said the asset, located above the Bond Street underground station entrance, will deliver retail space [...]
    0

    French grocery retailer finalises supermarket disposals

    Generali Real Estate has completed, on behalf of two Generali Group entities, the acquisition of a portfolio of 53 assets operated by Monoprix, the French high street retailer, for approximately €600 million. This operation allows the company to further strengthen and diversify its presence in France by adding a portfolio that offers long term secured [...]
    0

    Amazon tops list as world’s most valuable listed company

    Amazon, formed just 25 years ago, has eclipsed tech giant Microsoft to become the world’s most valuable listed company. The online giant was worth $797bn when the US stock market closed on Monday after rising 3.4% and moved past Microsoft, valued at $789bn. It is the first time Amazon has held the top position. The [...]
    0

    CEE acquisitions kick start New Year for retail centre investment

    The management company of Tatra Asset Management (TAM) has acquired a portfolio of nine regional retail parks in Slovakia. The seller, which was represented by the real estate consultancy company CBRE is KLM Real Estate (KLMre). The transaction also includes the pre-emptive right for other retail parks that the developer is currently preparing. Nine retail [...]
    0

    Discounters enjoy strong Christmas in UK as shopping patterns shift

    Two-thirds of UK households visited a discounter over Christmas, handing Aldi and Lidl their biggest ever slice of spending as political uncertainty appeared to prompt shoppers to keep a tight hold on their wallets. All the major supermarkets lost market share in the 12 weeks to 30 December as Aldi’s sales jumped 10.4%, according to [...]