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Orchard Street secures new £150 mln investment mandate (UK)

Orchard Street announced that it has been awarded a new £150 million (approx. €181.45 million) investment directive from a large UK pension fund client of Aon Hewitt, to acquire a portfolio of UK c ...

British Land signs new £785 million Revolving Credit Facility and closes £200 million US Private Placement (UK)

British Land announced the signing of a new unsecured Revolving Credit Facility at £785 million (approx. €949,3 million) with a syndicate of 14 banks. The Facility has a maturity of five years whic ...

CBRE: Global shopping center development rises to 39 million m²

A total of 39 million square meters of shopping center space is currently under construction across the world’s major cities, representing a three million m² increase from 2013, according to the la ...

European shopping centre footfall up says new ICSC survey (EU)

Shopping centre footfall is rising, according to the ICSC Shopping Centre Footfall Survey survey carried out by The International Council of Shopping Centers (ICSC). The survey, which included 336 ...

Nexity has finalized the acquisition of Oralia (FR)

Following the acquisition agreement signed on 20 December 2013 with the company’s shareholders, Nexity announced that it has finalized today (1 April 2014) its acquisition of the share capital of Or ...

Aareal Bank Group completes acquisition of Corealcredit Bank AG Wiesbaden (DE)

Aareal Bank Group has completed the acquisition of Corealcredit Bank AG announced on 22 December 2013. The purchase was executed today and will become effective on 31 March 2014. Corealcredit Bank AG ...

Wereldhave signs a €300 mln syndicated revolving credit facility agreement (NL)

Wereldhave has signed a €300 mln syndicated revolving credit facility agreement with a syndicate of 5 banks, refinancing its current €270 mln facility due to expire mid-2015. As a result, Wereldh ...

RBS and Patron Capital save five hotels from administration (UK)

RBS Real Estate Asset Management (“RBS”) has saved over 130 local jobs and prevented the immediate closure of five hotels in East Anglia after their tenant filed for administration late last month ...

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