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ACRON launches new fund and acquires Rossfeld Centre in Sierre (CH)

ACRON is launching a diversified real estate fund. The first property acquired by the fund is Rossfeld Centre shopping center in Sierre (Canton Valais) for a purchase price of CHF 25.8 million (approx ...

CBRE: 17 international brands have announced their plans to enter Russian market in 2014 (RU)

CBRE, global real estate advisor, summarized 2013 year–end results. The key feature of the Moscow retail market in 2013 was decreasing consumer activity in the end of the year. Worsened expectations ...

CA Immo sells centrally located hotel and high-rise building plot in Frankfurt (DE)

CA Immo is moving ahead with the development of the Frankfurt Europaviertel quarter, with the sale of a construction site between the newly constructed Skyline Plaza shopping center and the Tower 185 ...

Ellandi acquires Lathe Investments to create £300 million portfolio (UK)

Ellandi has agreed to acquire competitor Lathe Investments that will result in a combined portfolio under management of nearly £300 million, comprising 11 value-oriented and convenience schemes. L ...

CBRE Global Investors sells Shopping Center 17 in Vienna (AT)

CBRE Global Investors has sold the Shopping Center 17 retail park located in Brunn am Gebirge, Vienna, Austria for ca. €22 million. The buyer of the property was an international private real estate ...

aik acquires retail building in the CBD of Luxembourg (LU)

The real estate investment company “aik Immobilien-Kapitalanlagegesellschaft mbH” invests again in the property market of Luxembourg. For a single-investor real estate fund managed on behalf of a ...

Gehry Partners wins architectural competition for new residential tower in Berlin (DE)

Gehry Partners has won an architectural competition for a new 300-unit residential tower in Berlin. The development, which is owned by Hines, will be located at the D4 construction site between Hackes ...

Development securities secures Cross Quarter forward funding (UK)

Development Securities in joint venture with Berkshire Investment Capital, announced that Canada Life has committed £38.1 million (approx. €46.42 million) to forward-fund the first phase of develop ...

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