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Hammerson acquires Wrekin Retail Park, Telford (UK)

Hammerson has acquired Wrekin Retail Park, Telford, for £42 million (approx. €49 million) including acquisition costs. The vendor is Legal and General Property, which has owned the park since its de ...

REDEVCO to start constructing Magnesia Shopping Center in Manisa (TR)

REDEVCO Turkey will start constructing the approx. 17,000-m² Magnesia Shopping Center in the first quarter of 2011. Magnesia Shopping Center is scheduled ...

IPD/IPF Conference 2010: European insurance companies will increase lending to property (EU)

Solvency 2 will encourage European insurance companies to lend against property, delegates at the IPD/IPF Property Investment Conference held last week were told.Speaking at the annual conference in B ...

Internos appoints Jochen Schäfer-Surén to head new Hotel and Leisure division (UK)

Internos Real Investors, the €1.5 billion owner-managed real estate fund management firm, announces the appointment of Jochen Schäfer-Surén as partner and head of Internos' Hotel and Leisure Divisi ...

Developers to be encouraged by optimistic outlook of London occupiers (UK)

Occupiers in the capital are bullish about their prospects, in an encouraging sign for developers, according to a survey from Cushman & Wakefield. The vast majority (87%) expect business to improv ...

CODECO wins award for best project in Kazakhstan (KZ)

The exclusive Czech Terraces residential project, which the CODECO development company is realising in the largest Kazakh city of Almaty, received an important award this autumn from the Union of Arch ...

Icade and Klépierre strengthen position in Odysseum with €35 million investment (FR)

Icade and Klépierre, the owners of Odysseum, have just purchased from the SERM (company providing facilities for the Montpellier Region) the ownership and management of a hub covering five hectares a ...

Aprirose acquires £21 million Co-Op portfolio (UK)

Aprirose has bought the Sand Portfolio of nine freehold petrol filling stations with Co-Op convenience stores for £20.9 million (€24.7 million) reflecting a net initial yield of 5.77% from a private ...

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