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TFT warns mechanical and electrical costs can be five times that of building fabric costs

Property and building consultancy Tuffin Ferraby Taylor (TFT) is warning prospective property investors to look more closely at the potential 'under the bonnet' maintenance costs of a commercial prope ...

E.L.L. Kinnisvara AS to open Panorama City in spring 2014 (EE)

E.L.L. Kinnisvara AS, one of the leading business and trading real estate development companies in the Baltic countries, plans to open the Panorama City shopping and recreation center covering 77,000 ...

CapMan Real Estate leases approximately 30,000 m² of office and commercial space in spring 2012 (FI)

CapMan Real Estate has leased a total of 30,000 m² of office and commercial space in Helsinki, Turku and Hyvinkaa during spring 2012. The properties are owned by CapMan RE II, a fund advised by CapMa ...

Redevco sells L'Ellipse to Fiducial Real Estate (FR)

Redevco France is selling its L'Ellipse office building in the Paris business district of La Défense for €24 million. The sale reflects Redevco's strategy to focus on retail and prime locations and ...

WELPUT acquires core West End asset in St James's Square for £66 mln (UK)

The West End of London Property Unit Trust ('WELPUT'), managed by Schroders and advised by Grafton Advisors, has exchanged contracts to buy the freehold interest in Buchanan House, 3 St. James's Squar ...

Cofinimmo SA appoints Marc Hellemans as CFO and Member of the Executive Committee (BE)

Following the appointment of Jean-Edouard Carbonnelle as Chief Executive Officer, announced in the press release of March 30, 2012, Cofinimmo's Board of Directors has appointed on June 7, 2012, Marc H ...

SEB completes sale of Ukrainian retail business (SE/UA)

In accordance with the November 18, 2011 announcement of the sale of SEB's retail banking business in Ukraine, the sale was completed on June 7, 2012.SEB will continue to operate in Ukraine as a corpo ...

2012 ICSC Solal Marketing Awards announced (EU/HU)

The 2012 International Council of Shopping Centers (ICSC) European Solal Marketing Awards winners have been announced. An incredible 173 entries were received from shopping centers in 21 countries. Ni ...

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