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LONDON-Norwich Union has injected its 320,000-sf Galleries shopping centre in Bristol into the Mall Fund, Capital & Regional's town centre retail fund, in return for £123 million ($225 million) of units in the fund. The Mall now owns 5.5 million sf in 18 shopping centres across the UK worth £1.5 billion ($2.8 billion).
© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to asset-and-logo-licensing@alm.com. For more inforrmation visit Asset & Logo Licensing.
June 12, 2025
Shopping center properties have an attractive supply-demand imbalance that is helping to stave off negative effects from economic uncertainty.
June 12, 2025
In 2024, 10.8% of sellers of single-family residential properties were investors.
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After growing nearly 5% in April, office visits fell 1% in May.