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Union Investment acquires majority stake in Alexa shopping center (DE)

Union Investment has finalized the agreement with Sonae Sierra and Foncière Euris/Rallye to become the new majority owner of Alexa in central Berlin. Each of the investors had a 50% share in the prop ...

Aberdeen acquires Chydenia-I shopping center (FI)

Aberdeen European Balanced Property Fund acquired the shopping center from Rockspring PIM, acting on behalf of Rockspring TransEuropean III. The entire shopping center, Chydenia -I, -II, and –III, ha ...

Simon Property Group makes US $10 billion offer to acquire General Growth (US)

Simon Property Group, Inc. announced that it has made a written offer to acquire General Growth Properties, Inc. (OTC Pink Sheets: GGWPQ) in a fully financed transaction valued at more than US $10 bil ...

M1 Real Estate completes £175 million Victoria House purchase (UK)

After the acquisition of Credit Suisse's headquarters in Canary Wharf, the Lebanese group M1 Real Estate have continued their acquisition trail by purchasing Victoria House, Bloomsbury Square, from Ir ...

SEB Nordic Outlook: No smooth recovery

In many respects, the global economic recovery has strengthened in recent months. Crisis policies have fulfilled their task: stabilizing economic and financial systems. But now that the world is permi ...

Real Capital Analytics acquires Real Estate Econometrics

Real Capital Analytics ("RCA") announced that Dr. Sam Chandan, accompanied by his team at Real Estate Econometrics ("REE"), has joined the firm. Dr. Chandan joins RCA as global chief economist and exe ...

Cushman & Wakefield strengthens pan-Nordic platform (EUR)

Cushman & Wakefield, the global property consultant, has named Malling & Co as its new alliance partner in Norway. Cushman & Wakefield had previously held an alliance agreement with Mork & ...

Second annual EuropaProperty CEE Retail Real Estate Awards Gala (PL)

The second annual EuropaProperty CEE Retail Real Estate Awards, which highlighted the best commercial retail real estate companies, retailers and projects in the CEE region for 2009, upped the ante at ...

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