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VastNed Retail acquires 33 units in Walburg shopping center in Zwijndrecht (NL)

Pan-European retail property fund VastNed Retail has acquired 33 units in the Walburg shopping center in Zwijndrecht near Rotterdam for €40.5 million including purchase costs.Walburg shopping center ...

Evans Randall sells 60 Gracechurch Street, London EC3 (UK)

Evans Randall has confirmed the sale of 60 Gracechurch Street, its 125,000-ft² (approx. 11,600-m²) office investment in London EC3, at a yield of approximately 5.35% to a German limited partnership ...

Züblin sells two buildings in Switzerland and prolongs financing in the Netherlands (CH/NL)

Züblin Immobilien Holding AG has announced that it has sold two properties in Switzerland. The sales price for both transactions was above the IFRS – valuation of September 30, 2010. Total cash flow ...

JLL: Cross-border real estate investment makes a return to the global stage in 2010

Global cross-border investment increased by 60% year on year and accounted for 40% (US $130 billion (approx. €93.7 billion)) of all direct commercial real estate investments in 2010 (US $318 billion) ...

Aberdeen to manage €300 million of Danish distressed property assets in Sweden (DK/SE)

Aberdeen Asset Management announces that it has been appointed to manage a Danish-owned property portfolio in Sweden to a value of €300 million (SEK 2.7 billion) on behalf of Provinsfastigheter AB.Pr ...

Savills US to open West Coast and Washington DC offices (US)

Savills has announced the opening of a new West Coast office in Los Angeles, California as well as a Pennsylvania Avenue office in downtown Washington DC as it expands its Americas network beyond New ...

Évora Shopping to open in spring 2013 (PT)

Imorendimento and Madford Developments, which are developing Évora Shopping retail scheme through joint-venture EVRET, will begin the construction work of the project's last stage – the shopping cen ...

Cooperation among international cities at MIPIM 2011 (FR)

One clear trend emerging at the 22nd MIPIM is the increasing number of large towns and cities that are joining forces within and across borders to support common urban development projects and boost t ...

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