Latest News

Issue 106 : February 21st 2012

Dutch retail developer confirms investment re-alignment

One of the largest specialist shopping centre developers in Europe has pledged to a realigned investment portfolio as it divests around euro670m of assets.
    The new approach affirms a general change in investment profile across the continent and was further underpinned by Westfield, which has sold off a number of its smaller European assets.

Supermarket group launches Thai property fund

The biggest supermarket group in the UK has put a package of supermarket-anchored properties in Thailand up for sale in a CMBS-style offer to the Asian and global markets.
    While not uncommon in Europe, the collection of real estate offered for purchase is a first for a European grocery group in an emerging market.
   

Sonae Sierra looks to North Africa for growth

Portuguese shopping centre specialist Sonae Sierra has pledged to further growth in emerging markets after confirming that it has established a new base in Northern Africa.
    The Portuguese shopping centre developer and operator already has a business in Morocco and has also expanded rapidly in Brazil since establishing itself there in 1999.