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Swiss Intershop Holding AG acquires stake in CORESTATE Capital AG (CH)

Intershop Holding AG intends to acquire stake in CORESTATE Capital AG, based in the Swiss town of Zug, with approximately €20 million within the framework of a capital increase as well as the purcha ...

Philippe Egger, CEO of AXA Winterthur to retire (CH)

After eleven years as Chief Executive Officer of AXA Winterthur, Philippe Egger, a member of AXA Group Executive Committee, has decided to retire. The Board of Directors of AXA Winterthur has appointe ...

Legal & General acquires South Normanton industrial units (UK)

Fineman Ross, advising on behalf of a private client, has sold two industrial units, totaling 127,527 ft² (approx. 11,847 m²), at Centre 28 in South Normanton, Derbyshire, to Legal & General Pro ...

Sorgente Group and Bizzi & Partners to join forces in the development of the ex Falck Area (IT)

Sorgente Group and Bizzi & Partners Development lay down the foundations for an alliance aimed at recovering and developing the ex Falck Area within Sesto San Giovanni according to a master plan d ...

Cornerstone acquires 40 Gracechurch Street in London for £94 million (UK)

Cornerstone Real Estate Advisers announced that it has purchased 40 Gracechurch Street, a Grade A office building in Central London, for £94 million (approx. €107.6 million) on behalf of a new sepa ...

Deutsche Asset & Wealth Management and Borletti Group sell Printemps department stores to Qatari investor (FR)

Deutsche Asset & Wealth Management, owner of 70% of French Printemps department stores, has agreed to sell its  stakes to a Qatari investor. The French luxury retail chain has been purchased ...

CBRE: European shopping center development grows 50% in 2013 - Turkey, Russia most active markets (EU)

An unprecedented 11.9 million m² of shopping center space is currently under construction in Europe, representing a 50% increase year-on-year (7.2 million m² in 2012), according to the latest resear ...

pbb Deutsche Pfandbriefbank to provide financing of €208 million for Deutsche Annington (DE)

pbb Deutsche Pfandbriefbriefbank has refinanced two real estate portfolios for Deutsche Annington. The entire loan volume of the transaction amounts to €208 million. The loan agreements were sign ...

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