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Vastned divests €26m worth of non-strategic assets (BE)
stockholm

Vastned Retail Belgium has completed divestment of 11 non-strategic properties for a net selling price of approximately €26m, continuing its strategic course of focusing on premium city high ...

Skałka shopping centre on track for development (PL)
skalka ©JLL

The development of Skałka shopping centre in Tychy is ongoing. Intensive works on the building’s commercialisation are underway, with 70% of the planned retail space already subject to ...

MK Illumination registers record turnover in 2015
lights

MK Illumination had anticipated a turnover of around €64m for 2015, registering a final figure of €70m. This constitutes the Tyrolean-based company’s best operating result in its ...

Sager Group unveil luxury service apartment scheme at Islington Square (UK)
islington square render thumb

Sager Group, in association with Cain Hoy, have unveiled details of the Almeida Serviced Apartments scheme planned for Islington Square. The scheme will provide 108 apartments over 58,000ft² ...

Redefine International exchanges on 16 Grosvenor Street for £35.6m (UK)
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Redefine International has announced that it, jointly with the Aegon UK Property Fund, exchanged contracts on the sale of 16 Grosvenor Street in Mayfair, London for a total of  £35.6m ...

Catella establishes property investment management platform in Norway (NO)
Ålesund city image thumb

Catella enters property investment management in Norway and mezzanine fund management in Luxembourg through an initiative in partnership with Jarle Norman-Hansen and Bjarte Solheim, both with ...

Cofinimmo acquires new healthcare real estate in the Netherlands (NL)
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Cofinimmo has acquired three healthcare sites for €29.5m and a construction project for €4.5m on a fourth site. The initial rental yields of these transactions range between 7% and ...

Hammerson plc disposes of Monument Mall, Newcastle (UK)
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Hammerson plc has exchanged contracts for the sale of two assets for a total of £87m (€119.4m), including the wholly owned shopping centre Monument Mall in Newcastle-upon-Tyne to the ...

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