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Union Investment acquires Marine Offices in Amsterdam for institutional fund (NL)

Union Investment has acquired the Marina Offices property in Amsterdam for one of its institutional real estate funds. The vendor is Dutch project developer ASR real estate development N.V. The partie ...

Successful launch of Helical's 67,000 m² retail scheme in Poland (PL)

Europa Centralna Shopping Center, the 67 000 m² shopping center in Silesia, southern Poland, officially opened on Friday March 1. More than 100,000 customers attended the opening weekend for this fir ...

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 ...

Intu creates new Customer Experience Director role (UK)

Intu has appointed Roger Binks, a former Marriott Group Marketing Director, to a newly created role that is dedicated to generating stronger relationships with customers. Part of the senior executive ...

Allianz Real Estate sets up joint venture with Austrian SES (EU)

Allianz Real Estate has set up a joint venture with the Austrian company SES Spar European Shopping Centers. Within this cooperation, Allianz is expected to acquire a 50% stake in seven shopping cente ...

ECE and Akayasa Group to realize €200 mln Akasya Park Ümraniye (TR)

ECE and the Turkish Akasya Group will jointly realize Akasya Park Ümraniye. The construction of the project in the Ümraniye district is scheduled to start in 2013. The investment volume of the shop ...

IPD: UK institutional investment into supermarkets tops £1bn in 2012

According to the latest IPD/Briant Champion Long UK Supermarket Investment Report, 2012 saw more than £1.2 billion (approx. €1.39 billion) of supermarket assets changing hands last year, as investo ...

CBRE acquires two retail units in Drayton and Oxford for £18 mln (UK)

CBRE Global Investors, the real estate investment firm, has acquired two retail units for a total of £18 million (approx. €20.85 million). The first, a Tesco supermarket in Drayton, Norwich, has b ...

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