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Westfield announces $1.28 bln JV with O'Connor Capital for six US shopping centers (IE/US)

Westfield Group (ASX: WDC) announce an agreement with O’Connor Capital Partners (O’Connor) for a series of transactions which will result in a joint venture investment in a portfolio comprising si ...

Berkeley to return £568 million to its shareholders by 2015 (UK)

The Berkeley Group Holdings plc today announces its Interim Management Statement in respect of the period from 1 November 2012 to 28 February 2013. Berkeley remains on course to return £568 million ...

UK housing Minister launches £225 million fund to get stalled sites back on track (UK)

Housing Minister Mark Prisk has launched a £225 million (approx. €260.7 million) fund to help unlock large-scale, locally led developments and get Britain building.  The minister said he was usin ...

C&W: Active European lenders increase by nearly a third in 12 months (EU)

In the past 12 months, the number of active European real estate lenders has increased by 29% according to data published in Cushman & Wakefield’s European Real Estate Lending Survey 2013. For ...

HSH Nordbank to finance shopping center at Hamburg-Altona station (DE)

HSH Nordbank is providing the Irish investors CMC Capital with the portfolio finance for the shopping center at the Altona railway station in Hamburg. The Bank’s finance amounts to about €56 milli ...

Intu announces launch and pricing of £800 mln bond transaction (UK)

Intu Properties plc today announces a £800 million (approx. €926.4 million) debut bond issue for Intu (SGS) Finance plc, the company’s new secured group structure. The issue is divided into two t ...

Cornerstone secures €240 mln refinancing and Major new letting for Kamppi shopping center (FI)

Cornerstone Real Estate Advisers, today announces that it has successfully secured a €240 million refinancing loan from Nykredit for its Kamppi shopping center in Finland, the largest shopping cente ...

SES shopping centers announces 2.4% growth in international sales for 2012 (AU)

In the 2012 financial year, SES Spar European Shopping Centers, Austria’s largest shopping center operator, was able to further consolidate its leading position. Sales of €1.55 billion were achiev ...

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