Savills Northern Ireland has sold the Foyleside Shopping Centre in Derry/Londonderry, Northern Ireland, for £27 mln (€31 mln) on behalf of its client.
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UK REIT British Land and Norges Bank Investment Management, managers of Norway's sovereign wealth fund, are looking for a buyer for Meadowhall shopping centre in Sheffield, UK, according to media reports.
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SES Spar European Shopping Centers is consolidating its position in the Northern Italian market.
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UK REIT Ediston Property Investment Company (EPIC), which invests in retail warehouses, has agreed the sale of its entire property portfolio to Realty Income as it moots the liquidation of the company.
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Multi Corporation, a European retail management and development company, has acquired a KFC fast-food restaurant located in Sittard, the Netherlands.
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LondonMetric Property has announced the sale, in separate transactions, of four long income and retail assets, for £16.9 mln (€20 mln). The combined price is in line with book value.
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UK shopping centre REIT Capital & Regional announced on Wednesday that it has completed the acquisition of The Gyle shopping centre in Edinburgh.
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The Issa brothers, owners of UK supermarket chain Asda, are reported to be considering the sale of around £500 mln (€585 mln) of Asda stores to reduce debt on the portfolio.
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Swedish listed property company Catena acquired two new-build properties in Fjärås, Kungsbacka, Sweden for SEK 246 mln (€21 mln).
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Dutch real estate developer Zinc Real Estate has acquired The Corner shopping complex in Rotterdam from a fund managed by Credit Suisse.
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Global housing market imbalances have declined sharply over the past two years due to the global surge in inflation and interest rates, with only Zurich and Tokyo remaining in the bubble risk category.
