retail

Two industry veterans have launched AneVista Group to invest in small format, last-mile retail investments, despite waning institutional investor appetite and growing headwinds facing the sector.

The head of Brookfield Property Partners explains why the $550bn manager remains keen on retail and New York offices despite questions raised by covid-19.

As retail and office sectors trend toward volatility, the steady returns of sale-and-leaseback strategies are becoming attractive fixed-income substitutes.

Investor interest remains strong after corporate real estate disposals reached record levels in Europe and Asia last year.

The firm bought the post-reunification office and retail complex from Caleus Capital for €195m.

The firm also raised an additional $516m in co-investment capital, more than half of which went to five pre-specified projects.

The acquisition would have been the biggest sale of UK retail parks in a decade.

The €150m separate account awarded to manager AEW kicked off last week in Paris with the purchase of a 37,000-square-foot office for €50m.

The world’s property markets are watching the country’s doors re-open for indicators of life after coronavirus

Transactions fell out of contract in March at three times the normal monthly rate, according to RCA.