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Deutsche EuroShop confirms forecast after a successful FY 2008 (DE)

Revenue: €115.3 million, EBIT: €98.1 million FFO: €1.45 per share, NAV per share: €27.43 Earnings: €68.9 million Dividend proposal: €1.05 per ...

Foruminvest sells Twentec shopping center in Enschede (NL)

Investors from the Special Property Fund, DEFO-Deutsche Fonds für Immobilienvermögen GmbH, belonging to the Union Investment Group have acquired the Twentec retail property built in 2003 in a prime ...

Mild correction in Belgian property market last year, says IPD (BE)

Belgian commercial real estate delivered mild capital depreciation over 2008, at -1.2%, according to the IPD Belgium Annual Property Index. Income returns over last year were robust, falling just 10 b ...

High levels of concern about debt problems in non-listed real estate funds (EUR)

Investors and fund of funds managers are most concerned about debt problems for non-listed real estate funds launched in 2006 and 2007, according to a new INREV study. Results from the INREV Debt Stud ...

Senior economist says shopping center industry can lead on sustainability (EUR)

Despite a backdrop of the most challenging world economic times for 60 years, shopping centers have the potential to significantly contribute to the drive for environmental and economic sustainability ...

Leading retail lawyer attacks UK budget failure to help UK retailers (UK)

Richard Daffern, retail partner at international law firm Pinsent Masons said that the UK Government's failure to act to help retailers in yesterday's budget with a reduction in business rates could h ...

ICSC Conference Barcelona: Otto calls on industry to concentrate on inner-city shopping centers

Yesterday (April 23) at the European Conference of the International Council of Shopping Centers (ICSC), which is being held from April 22-24, 2009 in Barcelona, ECE CEO Alexander Otto called on his i ...

Hines extends GREEN OFFICE program to its 4,000+ tenants

Hines announces the expansion of its internal green office program, HinesGO®, to a new audience – 4,300 office tenants occupying more than 120 million Hines-managed square feet in over 100 cities in ...

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