Centros has acquired the ailing 1960s-built Tower Centre in Hoddesdon, Hertfordshire, from UBS.

Liberty International has confirmed that it is to split into two separate quoted companies – Capital Shopping Centres and Capital & Counties.

Metric Property Investments, a specialist retail property investor formed by three ex-British Land directors, is to raise £150m by floating on the London Stock Exchange.

Capital & Regional, asset manager of the Mall Fund, has completed the sale of the St George's Shopping Centre in Preston to Aviva Investors Property Trust for £87m reflecting an initial yield of 7.64 per cent.

Dutch property investor Meyer Bergman has acquired a 50 per cent stake in The Bentall Centre, Kingston-upon-Thames, from Aviva for around £130m.

Herald, Henderson Global Investors’ €900m pan-European retail property fund, has sold the Stanley Green retail park in Wilmslow, Manchester, to PruPIM for £47m reflecting a net initial yield of 5.3 per cent.

Specialist retail investor NewRiver has set up a £250m fund with Morgan Stanley to buy UK retail property, and it has kicked off the business with a £49m portfolio purchase from UBS.

Scarborough Development Group has bought eight Modus Group property companies out of administration for £37m.

Centros has been selected by Anglo Irish Bank to asset manage the 400,000-sq ft Houndshill Shopping Centre in Blackpool.

The Mall fund has sold its Aberdeen Shopping Centre to a client of Rockspring Property Investment Managers for £47.4m reflecting an initial yield of 7.9 per cent.

Woking Borough Council has bought out IM Properties' lease on the 230,000-sq ft Wolsey Place shopping centre in a £68m deal.

Hammerson's UK retail holdings contributed to an improved performance at the Anglo-French REIT. The pre-tax loss for the year ended 31 December 2009 was £453.1m, down from £1,611.5m in 2008.

Standard Life Investments has bought the East Kilbride Retail Park on behalf of Standard Life Investments’ UK Property Fund, for £18.145m reflecting a yield of 6.54 per cent.

Retail is tipped to be the top-performing property sector in the UK, according to a new economic forecast from BNP Paribas Real Estate.

British Land unveiled a strong set of third-quarter results, driven in part by the revival in the out-of-town retail market.

The Crown Estate has continued its push into the shopping centre sector, exchanging contracts with Capital Shopping Centres to buy the Westgate Shopping Centre in Oxford

Liberty International, parent company of Capital Shopping Centres and Capital & Counties, has confirmed that it is considering floating the two as separate businesses.

British Land has increased its exposure to the foodstore sector, buying the freehold of a Sainsbury’s supermarket in Macclesfield, Cheshire, for £30.5m, reflecting a net initial yield of 5.0 per cent.

St Modwen Investments has exchanged contracts to sell its Catford shopping centre in south-east London to Lewisham Council for £11.52m. A new regeneration body is to be set up to take over the running of the centre.

Almost half the shopping centre investment deals completed in the past five years risk unravelling because the purchasers cannot service their loans, according to new research from DTZ and the BCSC. In all £10.1bn of deals could go bad.

Land Securities and Henderson's plans for a major extension to the Buchanan Galleries centre in Glasgow have moved a step closer with the city council's decision to back an application for Tax Increment Funding to support the project.

Capital Shopping Centres has successfully refinanced its flagship asset, the 1.4m-sq ft Lakeside Shopping Centre in Thurrock. A consortium of seven banks has advanced a new seven-year, £525m loan.