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Sponda to increase its holding in the Zeppelin Shopping Center (FI)

Sponda has purchased Arif I Ky's (Amplion Asset Management Oy's) holding in the Zeppelin Shopping Center, located in Kempele, for the price of €7.8 million. The deal increases Sponda's holding in the ...

HOCHTIEF Projektentwicklung sells TriCon office building in Oberursel (DE)

HOCHTIEF Projektentwicklung has sold the TriCon office building in Oberursel to the Hamburg investment company, Wölbern Invest. It was agreed that no details of the purchase price would be disclosed. ...

Leading American fashion brand GAP enters Ukrainian market (UA)

Leading American fashion brand Gap will open their first flagship store in Kiev in June 2011. Located at 50 St. Khreschatyk, Gap will occupy three levels of the property with floor space totaling 1,20 ...

Hines and Ballymore Group to jointly develop Two Snowhill in Birmingham (UK)

Hines and Ballymore Group have announced an agreement to jointly develop Two Snowhill, a 14-story office building in Birmingham. Hines' European Development Fund II acquired the site and will fund the ...

IPD: Irish returns avoid negative territory, just, in Q1 2011 (IE)

Irish commercial property total return has avoided negative territory for the first time since Q1 2010, posting 0.0% in the first quarter of 2011, according to the SCSI/IPD Ireland Quarterly Property ...

Modernization of the facade of Adgar Business Centre office building (PL)

Adgar Postêpu Sp. z o.o. has launched a comprehensive modernization of the facade of Adgar Business Centre office building at ul. Postêpu 15, in the Mokotów Business District in Warsaw. Constructio ...

Hammerson completes sale of Three Spires, Lichfield (UK)

Further to the announcement of March 23, 2011, Hammerson plc announces that it has exchanged conditional contracts to sell Three Spires, Lichfield, to a client of Orchard Street Investment Management, ...

Savills: Swedish investment growth continues (SE)

and a continued market growth make Sweden's investment market attractive for investors at home and abroad in 2011 according to international real estate advisor Savills.The firm reports that by the e ...

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