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Aberdeen acquires office and retail building in Turku from REDEVCO (FI)

Aberdeen European Balanced Property Fund has acquired the Turun Sampotalo property from REDEVCO. Sampotalo is a prime landmark building located along the principal shopping street in Turku CBD, Finlan ...

Heijmans to restructure Kaatsheuvel's town center for €40 million (NL)

Heijmans is to carry out extensive restructuring of the centre of Kaatsheuvel (Loon op Zand municipality) in accordance with the 'Bruisend Dorpshart' (vibrant town heart) plan. The contract was signed ...

Savills concludes €62.6 million Sydney CBD office sale (AU)

Savills Australia, on behalf of the Morgan Stanley Real Estate-backed Investa Property Group, has sold a 50% stake in a Sydney CBD office tower 60 Martin Place for AUD$95 million (approx. €62.64 mln. ...

Corio acquires factory outlet development in France (FR)

Corio acquired 75% of the shares of the factory outlet development Moulin de Nailloux in the Toulouse region for €44 million, at a net yield of 8.4%, for the first phase. The remainder of the shares ...

Wolsey Place Shopping Centre sold to local council for £68 million (UK)

Jones Lang LaSalle's Shopping Centre Investment team has advised IM Properties on the sale of Wolsey Place Shopping Centre in Woking to Woking Borough Council for £68 million (approx. €75.8 mln.) re ...

Multi Development in the Netherlands to sharpen focus on retail (NL)

Multi is going to improve its focus on only developing multi-functional shopping centers and inner-city revitalization projects with retail at their heart.To assist this strategy Multi has sold its of ...

AM alpha GmbH completes €150 million acquisition of prime commercial building in Shanghai (CN)

AM alpha GmbH announced that it successfully completed the purchase of Tianchen Rose Plaza for an estimated €150 million. The transaction was advised and negotiated by AM alpha (Singapore) Pte. Ltd., ...

Goodman achieves half year operating profit of $139 million

Goodman Group (Goodman or Group) today announced its half year results for the six month period ended 31 December 2009. Key financial and operational highlights for the period are outlined below:Finan ...

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