Issue 2019 June 25th

    The Future of Retail Destinations: Lessons for New Retail

    Sponsored by Nuveen Real Estate | London, 11 July 2019 The Future of Retail Destinations on 11 July is the first of two fantastic events Retail Property Analyst has planned and this year. In this packed half-day event, we will cover the big picture of New Retail for 2020 and beyond, with a diverse set [...]

    Funds invest in European luxury and parks, pledging to physical futures

    BMO Real Estate Partners, part of Canada’s BMO Financial Group’s £189 billion Global Asset Management business, has announced that its fund Best Value Europe I is fully invested following the off-market acquisition of a prime luxury retail asset on Serrano 30 in Madrid. Best Value Europe I has a €700 million portfolio comprised of 13 [...]

    Singapore mixed use centre at near capacity ahead of this week’s opening

    Three days before its opening on 28 June, Funan has achieved 95% committed occupancy for its retail component according to developer CapitaLand. This brings its total number of brands at the Singapore mixed use centre, which are clustered around six ‘passion themes’ Tech, Craft, Play, Fit, Chic and Taste, to more than 190. Tony Tan, [...]

    Influx of US visitors boosts UK tax free sales figures

    UK retail sales to US shoppers grew by 27% in May, as American consumer confidence hit a six-month high, contributing to a transatlantic spending spree. The boost in sales marked the ninth consecutive month of double-digit sales increases to American visitors. In addition to the increase in overall sales, the average spend by a US [...]

    Acquisitions for a combined investment of £135 million

    Further to the company’s £200 million equity issue announced on 13 June, the Board of Directors of LXi REIT , the specialist inflation-protected long income REIT, has announced a series of acquisitions for a combined total investment of approximately £135 million, which reflects a weighted average net initial acquisition yield of 5.7% (net of acquisition [...]