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Russian Invest makes its first investment in Russia (RU)
Property investment company Russian Invest has purchased a 55% share from SRV in the Okhta Mall shopping center project, which is phase I of the Septem City project located in St. Petersburg. Okhta Mall is Russia Invest’s first investment, and the size of the company’s investment in the project will be approximately €50 million.
Sponda’s holding in Russia Invest, which invests in property development projects in Russia, is 27%. Sponda’s share of the investment in the Okhta Mall shopping center project is approximately €14 million.
The total value of the shopping center investment is approximately €250 million. Construction is estimated to begin in late autumn 2013, after the final building permit is received. SRV will be responsible for the development, planning, leasing and construction of the shopping center. The shopping...
Europe’s biggest office complex up for sale in Paris (FR)
The Coeur Défense Towers in La Defense, the biggest office complex in Europe with 190,000 m² of leasable space has...
Valad Europe trades 18,600 m² distribution warehouse to occupier in Worcester (UK)
Valad Europe, the leading diversified real estate investment manager, has sold a 200,000 ft² (approx. 18,600 m² )...
CA immo completes new corporate sales headquarters for Mercedes-Benz sales division Germany in Berlin (DE)
Together with guests from industry and politics Mercedes-Benz Vertrieb Deutschland (MBVD) inaugurated last Thursday,...
Flagship Hotel W in Barcelona to be sold to Qatari Diar (ES)
As reported by the Spanish press, Qatari Diar is close to finalizing the acquisition of Hotel W, also known as...
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2013
Exclusive offer!
For the months of MAY and JUNE, all 2013 editions will have a discount of 20%.
DISCOUNT CODE: MAJ13OF
Europe Real Estate 2013
Retail Space Europe 2013
Turkey Real Estate 2012
