Cushman & Wakefield: Expected upturn in European shopping center development knocked off course by delays If all the shopping center projects scheduled for the year had been completed on time, provision across Europe would have increased by nearly 6.8 million m², representing an increase of 15% on the (revised) 2010 total. More »

Pramerica Real Estate Investors sells tower in Mendez Alvaro (ES) Titán 4 was completed in 2008. The property, delivered in 2008, was purchased from Nozar while still under construction. More »

Deka acquires D640 building in Barcelona for €145 mln. (ES/DE) Deka Immobilien – a subsidiary of Germany's largest open-ended property fund DekaBank – has acquired the building in a transaction that stands as the largest single-asset deal in the Spanish market in 2010. More »

AEW Europe/Tristan fund completes €150 million Spanish retail sale & leaseback (ES) Ric Lewis, CEO of Tristan Capital Partners commented: "We're pleased to have completed this transaction with such a relevant company. More »

EROSKI creates JV with Topland in €361 mln. sale & leaseback of hypermarkets (ES) EROSKI has created a joint venture company with Topland to manage part of its portfolio of hypermarkets in Spain. The intention of both parties is to create a single JV that will own most of EROSKI’s hypermarkets in Spain. More »

Drago acquires Grupo Prisa €300m Spanish real estate portfolio (ES) Drago Real Estate Partners acquired a 70,000-m² portfolio owned by Grupo Prisa on a sale and leaseback transaction totalling €300 million in conjunction with Royal Bank of Scotland. More »

Via Santa Margherita 3 office building in Milan fully let (IT) Tishman Speyer completed a 14-month full refurbishment of the 12,300 m² building in December 2006. The works were completed on time and within budget. More »

Cushman & Wakefield opens office in Romania (RO) The new office, Cushman & Wakefield ACTIV Consulting, follows the acquisition of ACTIV Consulting, which has been Cushman & Wakefield’s Associate Office in Romania for the last 11 years. More »

IFIL invests $563 million to acquire 67.5% stake in Cushman & Wakefield (US) Following the transaction IFIL will replace Rockefeller Group International, Inc., the global property development and investment firm, as controlling shareholder of Cushman & Wakefield. More »

Romania and Bulgaria retail markets promising after EU entry (BU/RU) Cushman & Wakefield’s European Shopping Centre Development report 2006 states that in terms of percentage shopping centre space coming onto the market, Bulgaria and Romania head the list with rises of more than 150 per cent. More »

Office letting of Hermitage Plaza is biggest ever in Russian history (RU) VimpelCom, the first Russian company to be listed on the NY stock exchange, will occupy the entire 31,600 m² of offices offered by Hermitage Plaza, a Class A office complex. More »

New York's Fifth Avenue heads ranking of worlds top shopping streets (US) Main Streets Across the World 2005 tracks retail rents in the world’s top 233 shopping locations across 47 countries around the world. More »