Real Estate

Aldi España Sees Loss Of €471m In 2023, Plans 40 New Stores In 2025

Aldi España suffered a loss of €471 million loss in 2023 due to €450 million in write-downs on real estate and financial investments, acco...

France's Casino Group To Sell Property Portfolio To Icade

Casino Group has announced it has entered into a binding agreement with real estate firm Icade to sell a portfolio of properties in 11 locations.

Realty Income Acquires Six Carrefour Hypermarkets In Spain

Realty Income is expanding its Spanish portfolio with the acquisition of six Carrefour hypermarkets for approximately €100 million.

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Grocery Real Estate Investment In Europe Dropped 19% Last Year

Real estate investment in the European grocery market fell by 19% last year, to €6 billion, new data from Savills has found.

Aldi Süd Opens Mixed-Use Property Near Karlsruhe

Aldi Süd has developed a mixed-use property in Waldbronn near Karlsruhe in Germany, which includes both retail and residential space.

Retail Estate Operator IGD Divests 13 Retail Assets In Italy

Retail real estate operator IGD has sold a portfolio of retail assets in Italy valued at €258 million.

Real Estate Firm Seeks €200m From Sale of Italian Supermarkets and Hypermarkets

Italian retail real estate operator Immobiliare Grande Distribuzione (Igd) aims to partly refinance close to €1 billion of debt with the divestment of...

Carrefour Polska Consolidates Its Shopping Centre Business

Since January of this year, Carrefour has signed 36 lease agreements, teamed up with 31 new brands and extended approximately 140 contracts in Poland, cons...