Shopping Center news and archive

Site Centers sells Sandy Plains Village to Hendon Properties

Site Centers, the owner and manager of open-air shopping centres in key suburban, high-income communities, has announced the closing of the sale of Sandy Plains Village in Roswell, Georgia, for 25 million dollars prior to closing costs, prorations, and other closing adjustments, to Hendon Properties. Located in the historic center of Roswell,...

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Hammerson to acquire Intu in 3.4 billion pound deal

London - British shopping center owner Hammerson is set to take over rival Intu Properties in a 3.4 billion pound deal, which would see leading shopping centers including London’s Brent Cross, the Birmingham Bullring and Manchester’s Trafford Centre owned by a single company. Hammerson, which currently owns Brent Cross and the Bullring together...