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Foruminvest Italia sells 50% stake in Mongolfiera Molfetta Italy to Orion Income Fund (IT)

On February 11, 2011, Foruminvest Italia sold a 50% stake in its Mongolfiera Molfetta shopping center near Bari, in southern Italy to OIRP Investments 2 S.A.R.L., a subsidiary of Orion Income Return P ...

Prime Milan office rents to remain stable in 2011 (IT)

Following some slight growth in rental values for prime offices in 2010 for Milan's Central Business District (CBD), from €460/m² per year in Q4 2009 to €500/m²/year in Q4 2010, Savills expects pr ...

Nieuwe Steen Investments ends negotiations with VastNed Offices/Industrial (NL)

Nieuwe Steen Investments (NSI) announced yesterday (February 14, 2011) that following two months of diligent attempts and intensive negotiations throughout the weekend with VastNed Offices/Industrial ...

CORESTATE Group completes second close for its German Commercial Fund (CH/DE)

CORESTATE Group has announced the second closing of a new equity raise on behalf of its German Commercial Fund LP, securing additional investment capacity of circa €120 million.Launched in December 2 ...

CDS pre-sells area for discount supermarket store in Vicenza (IT)

CDS, an Italian real estate investment, development and construction company, has signed an agreement with Lidl, a leading European discount supermarket chain with more than 500 stores in Italy, for t ...

Ploiesti West Park continues to attract new foreign investors (RO)

SC Allianso Business Park SRL, the Romanian subsidiary of Alinso Group, has signed a sales contract with the Toro Company, leading worldwide provider of precision irrigation systems. The Toro Company ...

Hammerson and Codic France acquire SQY Ouest (FR)

Hammerson plc has acquired SQY Ouest, a 31,000-m² shopping center in Saint Quentin-en-Yvelines, in a 50:50 joint venture with Codic France. The vendor is SNC Parc culturel urbain d'animation permanen ...

The Employers' Union of Building Owners (Romania) joins the European Property Federation (EU/RO)

The Employers' Union of Building Owners (Romania) has joined the European Property Federation as a Full Member, effective immediately.John Frederiksen, EPF President, said: "At a time of exceptional g ...

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