Deals

1 October 2007

Quintain Estates is set to buy Wembley retail park as part of its plan to increase its land in the area.

14 August 2007

Citycon Oyj, a property investment company that specialises in retail, has bought Iso Omena shopping centre in Helsinki, Finland for €329 million.

10 August 2007

The Westfield Group has acquired two shopping centres in Miami, Florida for $400m.

26 July 2007

Henderson Global Investors and The Canada Pension Plan Investment Board have signed an agreement to acquire Whitefriars Quarter shopping Centre in Canterbury, Kent, from Land Securities for £253 million.

 

8 January 2007

Investream, advised by Savills, has sold Cornmill Shopping Centre in Darlington to Moorfield Real Estate Fund for £84.5 million, reflecting a net initial yield of 5.25%.

16 June 2006

PARIS - PREF has acquired off-market Montgeron Retail Park in the southern suburbs of Paris for €23.75 million from clients of Fonciere Arizona.

16 June 2006

PARIS - Hammerson has exchanged contracts to sell its 50 per cent interest in 4, place de l’Opéra, Paris 2éme.

3 April 2006

BIRMINGHAM, Alabama - Colonial Properties Trust has sold six regional malls, totalling 3.7 million sq ft, to a joint venture of Australian investors. The company has transferred a 90 per cent stake in the malls to venture partners The GPT Group, one of Australian’s largest real estate investment groups; and Babcock & Brown, a global investment company.