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REDEVCO acquires prime retail property in the heart of Budapest (NL/HU)

REDEVCO has purchased a 6,250-m² prime retail property in the heart of Budapest's city center from ING Real Estate Development for €44 million. The property is located at 1 Vörösmarty Square, Buda ...

Bank Austria grants €70 million loan for Serdika Center Sofia (BG/DE/AT)

Sparkassen Immobilien AG and ECE Projektmanagement have concluded a financing agreement with Bank Austria for the Serdika Center in the Bulgarian capital Sofia. The loan amount totals €70 million; th ...

King Sturge: Signals still mixed from Europe's office markets (EU)

After two years of upheaval, there are signs of recovery in Europe's office markets at last. But the outlook remains mixed with markets recovering at very different speeds. This is the view of the lat ...

Eurohypo finances Rockspring's purchase of shopping center portfolio (DE/UK)

Eurohypo AG, Europe's leading commercial real estate lender, has provided £68 million (approx. €78 mln.) in financing to Rockspring for the purchase of four regionally located shopping centers.The p ...

IVSB releases discussion paper on valuation uncertainty for consultation (UK)

The International Valuation Standards Board (IVSB) has released a discussion paper 'Valuation Uncertainty'. The document has been issued in the light of growing calls from politicians and financial re ...

Metro Shopping Fund sells Notting Hill Gate Shopping Centre for approx. €149 mln. (UK)

The Metro Shopping Fund (Metro fund), the 50/50 London based retail joint venture between Land Securities and Delancey, announced today that it has completed the sale of the Notting Hill Gate Estate f ...

£15 mln. expansion plan to bring Primark to The Bridges, Sunderland (UK)

Land Securities, owner of the Bridges, has confirmed its intention to embark on a £15 million expansion within the center. A planning application to deliver a three-story 60,000-ft² (approx. 5,500-m ...

Deka Immobilien buys US property for approx. €95 million (DE/US)

Deka Immobilien GmbH has acquired the 19 West 44th Street office building in New York's Midtown Manhattan for approximately €95 million. The property was acquired for the Deka-ImmobilienGlobal open-e ...

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