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METRO Group sells Extra Supermarket Chain (DE)

After having reviewed various strategic options, METRO Group has decided to focus its food retailing further. With effect of 1 July 2008, REWE Group will take over 245 Extra supermarkets. It has been ...

New BCSC President emphasizes vital role of retail property

is, at best, uncertain. However, a record number of retail-led regeneration projects will reach completion during the year, some 14 schemes spread across the country with a total value of more than

PREF to sell €300m portfolio to Hendersons Herald fund (UK)

PREF, the closed-end European out-of-town retail property fund part-owned and advised by British Land, has exchanged contracts with HERALD, the Henderson European Retail Property Fund, for the sale of ...

Sparkassen Immobilien invests €60m in Croatia and Austria (CR/AT)

Stock exchange listed Sparkassen Immobilien AG is acquiring a residential property and two mixed-use buildings in Vienna's Inner City, together with an office block in Zagreb, for a total of some & ...

Union Investment acquires Eschborn WAVES office project (DE)

Union Investment Real Estate AG has acquired the Eschborn WAVES office project at Frankfurter Strasse 16-40 in Eschborn, Germany, for its UniImmo: Deutschland open-ended real estate fund, investing a ...

ICSC announces largest global retail real estate convention in the world

The International Council of Shopping Centers, Inc. (ICSC) has changed the name of their annual convention from ICSC Spring Convention to ReCon (Retail, Real Estate, Congress, Convention, Conference) ...

Johan Schipper leaves NSI (NL)

J.Th. Schipper (42) has announced his resignation as member of the Management Board of Nieuwe Steen Investments N.V. (NSI). As a director of NSI Johan Schipper was responsible in particular for the ac ...

Founder of Parkridge to receive CEE Lifetime Achievement Award

John Cutts, the founder and chief executive of commercial property developer Parkridge and also Vice Chairman Europe of leading global warehouse developer ProLogis, will attend the annual Central & ...

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