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DIC sells MainTor Porta to Union Investment for €155 million (DE)

DIC just sold the “MainTor Porta” office high-rise to Union Investment Real Estate GmbH. The purchase price paid for the office project with its rental space of about 22,500 m² approximates €15 ...

Allianz Real Estate acquires first US retail property (DE/US)

Allianz Real Estate has acquired a majority ownership stake in 484-490 Fulton Street, a retail property located in Brooklyn, New York, in joint venture with the Crown Acquisitions Inc. Crown and an in ...

Skanska sells property in the Tennet block in Gothenburg for SEK 630 mln (SE)

Skanska has signed a conditional agreement for the sale of the property Gullbergsvass 5:26 in Gothenburg, Sweden. The buyer is Platzer, and the conditions of the agreement have now been fulfilled. The ...

Mind your own Business: Retail Space Europe 2014 talks retail psychology

What makes shopping malls attractive? Some customers would reply that it’s the quality of the goods, others would highlight tempting, limited discounts and then there are some who just feel like spe ...

St. Modwen secures 150,000 ft² Marks & Spencer store to anchor second phase of Longbridge Regeneration (UK)

St. Modwen Properties PLC has pre-let a 150,000 ft² (approx. 13,935 m²) full offer store to Marks & Spencer on a 45-year lease. The letting will be located at the heart of the Company’s major ...

Leasinvest Real Estate acquires 12,000 m² retail property in Luxembourg (LU)

On December 2, 2013 Leasinvest Real Estate, via its 100% subsidiary Leasinvest Immo Lux, acquired 100% of the shares of a Company owning a retail building of more than 12,000 m² with 475 parking spac ...

Unibail-Rodamco announces the leasing of the So Ouest tower in Levallois-Perret (FR)

Unibail-Rodamco and SAP signed today a long-term lease agreement for 17 floors on the So Ouest tower. The tenant took up 27,900 m² representing more than 90% of the gross lettable area of the buildin ...

Allianz sell office property in Stockholm CBD for SEK 1.6 billion (SE)

German insurance company Allianz has sold the Stockholm CBD property Jericho 34. The property's rentable area exceeds 21,000 m², is fully leased to among others EY which is the largest tenant and co ...

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