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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 ...

JLL: Demand for central London office space grows in Q1 2011 by 6% (UK)

Total occupier demand for London office space increased by 6% in the first quarter of the year, accordingly to preliminary figures issued by real estate advisory firm Jones Lang LaSalle.This reverses ...

The Russian Bank for Development is expanding (RU)

Cushman & Wakefield is pleased to announce that lease deal for an office building – the Progress business center – has been closed. The long-term lease agreement was signed by the Russian Bank f ...

IntReal poised for further growth (DE)

IntReal – the specialist fund administrator for property mutual funds and property special funds in accordance with the German Investment Act, has experienced significant growth over the past year.Es ...

Richard Homburg hands CEO reins to Jan Schöningh at Homburg Invest (CA)

Homburg Invest Inc. has announced several important Board and executive management changes.Founder and controlling shareholder Richard Homburg has informed the Board of Directors that he will step dow ...

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