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Aviva Investors buys UK office site; new tenant joins Hammerson's Scottish mall

This feature rounds up recent property news from S&P Global Market Intelligence's covered companies and highlights larger deal coverage already published.

UK

* Pakistani fashion retailer Khaadi signed a lease at Hammerson Plc's Silverburn shopping center in Glasgow. The brand will take up 2,700 square feet of space at the property that would serve as its first Scottish outlet and its seventh store in the U.K.

* Asset manager Aviva Investors paid an unknown sum to purchase an 85,000-square-foot office development site in the northwest of England, IPE Real Assets reported.

Kier Property and Aviva Investors will jointly work on the building project to deliver 79,165 square feet of office space across seven above-ground floors, two ground floor retail and leisure units, and a 23-space basement car parking facility on the site. The development will be completed in the fourth quarter of 2019, according to the report.

Brazil

* Brazilian retail investor General Shopping Brasil SA in its latest earnings report said it agreed Dec. 28, 2017, to sell a 70.0% stake in the Internacional Shopping Guarulhos mall in Guarulhos. The shopping center contains a total of 271 retail units across 77,080 square meters of gross leaseable area.

Additional coverage

Frasers signs €285M deal to buy 2 companies, 22 assets in Germany, Austria

Hyprop Investments JV buys stake in 2 Croatian malls for €154.4M

London & Associated signs £37M deal for the sale of Brixton Markets

Report: Kennedy-Wilson top bidder for Blackstone's Ireland tower

Norway's sovereign fund, AXA France to sell Munich property

Joyce Guevarra contributed to this report.