Malls : Simon Property accelerates data monetisation with Humana, URW continues arbitrage Americas As more Americans visited shopping centres in H1 2025, the sector’s leader Simon Property Group is expanding both data and community engagement with a new partnership with Humana. This gives a new experience for seniors that should translate into additional sources of revenue.
SMCP returns to growth, ending legal battle Asia On August 11, 2025, SMCP (including Sandro and Maje) announced the end of a legal battle from 2021.…
Danish grocer Salling accelerates VC investments, following in the footsteps of Vinted Europe Eager to better source retail innovation and accelerate time to market, Danish grocer Salling (2024 turnover: €9.7 billion,…
Al-Futtaim acquires a 49.95% stake in Cenomi Retail for US$667 millions Africa, Middle East On July 20, Saudi operator Cenomi Retail (2024 revenue: 635 million dollars, up by 4% year-on-year) announced an agreement to sell 49.95% of capital to the Emirati group Al-Futtaim (revenue confidential).…
Central Retail invests US$1.4 billion in omnichannel strategy in Thailand and Vietnam Asia On June 24, the subsidiary of Thai conglomerate Central Group, Central Retail Corporation (revenue for the year ended March 2025: US$7.3 billion,…
Blackstone acquires Kolkata’s South City Mall for US$377 million Asia In India, with the buyout of developer South City Project on June 17, the US investment fund Blackstone has acquired Kolkata’s South City Mall.…
Financière Agache, a Bernard Arnault’s holding company, exits Lagardère’s capital Europe It’s the end of a strategic partnership. According to the AMF, Bernard Arnault’s holding company Financière Agache sold the remaining 7.97% stake in the Lagardère group (Lagardère Travel Retail,…
Through the VC lens Shabir Vasram, Daphni: “We are seeing valuation anomalies in certain AI cases due to investors’ pressure” Shabir Vasram is a Partner at venture capital firm Daphni. Focusing on seed to Series A funding, Daphni backed companies such as Back Market, Stockly, Albatross and Prediko, and is rapidly expanding into retail tech. He revealed to mind Retail that investments in agentic AI will be announced soon.
China’s Wanda sells 48 malls in mega deal Asia In China, real estate developer Dalian Wanda Group (513 Wanda Plaza malls covering 70.9 million sq.m) is selling 48 shopping centres in a US$6.94 billion deal.…
Paolo de Cesare takes over as Chairman of Grandi Stazioni Europe Paolo de Cesare was appointed Non-Executive Chairman of Grandi Stazioni at the end of April 2025.…
