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Skanska sells Radisson Blu Riverside Hotel in Gothenburg, Sweden, for SEK 420 mln (SE)

Skanska sells the newly constructed Radisson Blu Riverside Hotel in Gothenburg, Sweden, to the property company Fastighets AB Balder. The building has 265 hotel rooms and is operated by Winn Hotel ...

Corio closes contract for the first Primark in France (FR)

Corio has signed a contract with Primark to open a 7,500 m² flagship store in Grand Littoral in Marseille. The Primark store will anchor the redeveloped ‘Zone Azur’ part of the shopping center. ...

CBRE appoints new UK Head of Retail (UK)

CBRE today announces the appointment of Phil Cann as UK Head of Retail. Cann is currently responsible for leading the UK Retail Capital Markets team and has worked in the Central London retail investm ...

Lambeth Council gives Shell Centre plans the green light (UK)

The London Borough of Lambeth has approved the planning application by Braeburn Estates to redevelop the Shell Centre on London’s South Bank. Braeburn Estates is a joint venture of Canary Wharf Grou ...

Gecina successfully places a €300 mln 10-year bond issue (FR)

Gecina has successfully placed a €300 million bond issue, with a maturity of 10 years through to May 30, 2023. The bonds were issued with a 140 bp spread over the mid-swap rate and a coupon of 2.875 ...

IM Properties to spec build more than 300,000 ft² of industrial sheds (UK)

The West Midlands based company is constructing two industrial sheds totaling 334,500 ft² (approx. 31,100 m²) at its award winning Birch Coppice Business Park off the M42 in North Warwickshire - alr ...

Terrace Hill acquires remaining residential assets of Terrace Hill residential plc (UK)

Terrace Hill Group PLC announces that it has acquired all the remaining residential assets of Terrace Hill Residential PLC (THR), its residential investment joint venture in which it owns a 49% intere ...

Rise of house prices in London and the South East further highlights shortage of property (UK)

The Office of National Statistics (ONS) yesterday released data confirming that UK house prices had risen 2.7% in the twelve months to March 2013, rising from £229,000 to £235,000 (approx. €268,00 ...

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