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ECE raises more than €500 million in the first close for new Shopping Center Fund (EU)

ECE European Prime Shopping Center Fund II has had a strong start: The first closing in excess of €500 million has taken place. Investors include, alongside the Otto family and ECE employees, a numb ...

Kungsleden sells hotel property in Täby, Sweden (SE)

Kungsleden AB sells two properties in Täby for SEK130 million (€14.8 million) and thereby continues to focus its property portfolio in line with the corporate strategy and transaction plan. ...

W.P. Carey acquires Big Box retail facility in Gelsenkirchen, Germany (DE)

W. P. Carey Inc., a global net lease REIT, announces that CPA®:17–Global, one of its managed non-traded REITs, has acquired a hypermarket in Gelsenkirchen, Germany. The facility is let to Real, Ger ...

Cityscape launches inaugural event in Kuwait

Cityscape Kuwait, the premier international real estate investment and development event in the State of Kuwait is scheduled to open doors on 7 – 9 December 2014 at Kuwait International Fairgrounds. ...

Unibail-Rodamco SE enters into an agreement with Wereldhave to dispose a €850 million retail portfolio in France (FR)

Unibail-Rodamco and Wereldhave have entered today into an agreement pursuant to which Wereldhave offers to acquire a portfolio of six non-core shopping centers located in France. The total cons ...

Citycon acquires GIC’s ownership stake in the Iso Omena shopping center (FI)

Citycon has today agreed to acquire GIC’s 40% stake in the Iso Omena shopping center in the Helsinki region. After this transaction, Citycon owns 100% of the existing shopping center. The purchase p ...

CapMan Real Estate acquires an office building in Helsinki, Finland (FI)

CapMan Nordic Real Estate fund acquires MREC Plaza Presto, a modern 5,760 m² office building in Vantaa Aviapolis office area in Finland. The seller in the transaction is Finnish Paper Workers' Union. ...

Aberdeen asset management disposes of iconic Metropolitan office building in Warsaw, Poland (PL)

Aberdeen Asset Management Deutschland AG has sold the Metropolitan office building in Warsaw to Deutsche Asset & Wealth Management for an undisclosed price. Cushman & Wakefield and JLL represe ...

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