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SEB Global Property Fund acquires logistics property in Budapest (HU)

SEB Asset Management is increasing its real estate exposure in the logistics sector. It has acquired Tulipan Park in Budapest, Hungary for its global open-ended real estate fund SEB Global Property Fu ...

Outlet centers significantly outperforming traditional retail (EUR)

With the Ted Baker outlet store at the UK's Bicester village reporting a 50% increase in turnover and Poland-based Fashion House Outlet Centres announcing its intention to build a second outlet center ...

Eight cities shortlisted for European Green Capital of the Year (EUR)

The evaluation panel has shortlisted eight out of 35 European cities to support their applications for the title as European Green Capital 2010 and 2011.The competition for the European Green Capital ...

John Lewis announces first shop outside the UK (UK/IE)

John Lewis has announced plans to open its first new shop outside the United Kingdom in the Republic of Ireland. Heads of terms have been agreed with developer Chartered Land for a new full-line depar ...

Opportunistic real estate fundraising continues despite distress in the global economy

Despite the credit crisis and faltering economic growth, opportunistic real estate investment managers continue to attract capital, with some 187 funds seeking to raise $155 billion (approx. &#128 ...

NEAS ASA strengthens its team with a new Chairman of the Board (NO)

Thorbj

World Bank and SEB partner with Scandinavian institutional investors to finance 'green' projects (SE)

The World Bank has announced a partnership with SEB and several key Scandinavian institutional investors to introduce a 'World Bank green bond' to raise funds for projects seeking to mitigate climate ...

Multi Development opens Forum Barreiro, Portugal (PT)

On 4 November, shopping center Forum Barreiro opened its doors. The shopping center marks a major step forward in the regeneration of the city. It offers 17,500 m² of retail and leisure, incl ...

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