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The North Face opens its first flagship store in Paris (FR)

In line with its development strategy in France, The American brand, The North Face, has signed the opening of its first flagship store in Paris with an area of 262 m² to 115 Boulevard Saint Germain ...

AXA Real Estate starts construction of new unique office campus in Paris (FR)

AXA Real Estate announced that it has commenced construction of the first phase of a major new 86,000 m² office development in Paris. The project is being undertaken on behalf of Development Venture ...

South Korean NPS and Hines purchase Siemens-Forum in Munich for €160 million (DE)

According to reports on the German press, Siemens-Forum in Munich, built by New York architect Richard Meier and located at the Oskar-von-Miller-Ring has changed hands. For the first time in hist ...

Westfield Group sells seven shopping centers to Starwood Capital Group for $1.64 billion (US)

The Westfield Group today announced it has entered into agreements to divest seven non-core shopping centers in the US to a Starwood Capital Group controlled affiliate for US $1.64 billion (approx. ...

The Crown Estate invests £163 million in regional retail and leisure (UK)

The Crown Estate has invested over £160 million (approx. €191 million) in regional retail and leisure assets, acquiring Silverlink Shopping Park outside of Newcastle and agreeing to fund the develo ...

IMMOFINANZ closes sale of Silesia City Center and starts new retail development project in Poland (PL)

IMMOFINANZ Group closed the sale of the Silesia City Center in Poland for €412 million to an international consortium of investors led by Allianz. The sale price exceeded the book value, as reported ...

CLS Acquires 34 UK properties for £118.6 million (UK)

CLS confirms that it has acquired a UK-wide portfolio of 34 primarily UK Government-occupied properties for £118.6 million (approx. €141.6 million), excluding costs of £5.3 million. The purchase o ...

Benson Elliot accelerates the pace in £1 bln “Reach for the Regions” (UK)

Benson Elliot, the UK-based private equity real estate fund manager, has invested close to £100 million (approx. €119.4 million) in regional towns in recent weeks, demonstrating its continuing conf ...

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