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Land Securities development to boost Scotland's economy (UK)

Land Securities, the UK's largest commercial property developer, has given approval for a £70-million (approx. €80-million) retail and residential scheme in Glasgow city center, which will help boos ...

Real I.S. sells French office building to AEW Europe (FR/UK)

Real IS has sold the Victoria Michelet office building in Levallois-Perret in Paris for €55 million on behalf of the institutional fund BGV II. The freehold office building comprises 9,292 m² and is ...

AFI Development leases Paveletskaya office complex (RU)

AFI Development plc has announced that it has leased the Paveletskaya office complex to a single tenant ZAO GREENATOM, a subsidiary of the State Atomic Energy Corporation ROSATOM.An 11-month lease agr ...

Tamar European Industrial Fund completes sale of Norwegian asset (NO)

Tamar European Industrial Fund has announced that it has sold an asset in Trondheim, Norway, to an owner-occupier for a total consideration of £7.51 million (approx. €8.6 million/NOK 68 million), re ...

Hammerson acquires remaining 75% of Central Retail Park, Falkirk (UK)

Hammerson plc, which owns 25% of Central Retail Park in Falkirk, has exchanged contracts to acquire the remaining 75% from its partner TIAA-CREF for a consideration of £69 million (approx. €79 milli ...

Construction of a new shopping center gets under way in Budapest (HU)

The Hegyvidék Shopping Centre, scheduled to open in autumn 2012, is being constructed in a development project by WING Zrt. in the heart of Budapest's District 12. The special feature of this mall wi ...

Grainger acquires Genesis Housing Groups share in Grainger GenInvest Partnerships (UK)

Grainger plc, the UK's largest quoted residential property company, has announced that it has acquired Genesis Housing Group's 50% share in Grainger GenInvest Partnerships along with associated subord ...

Altor and Bure to divest Norvidden (SE)

AB Skrindan – owned by private equity entities Altor and Bure – has initiated a sales process to divest Norrvidden and has appointed Leimdörfer as adviser to identify a long-term owner to the leadi ...

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