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GRR buys shopping center in Erlangen and receives further €30 mln equity (DE)

GRR Real Estate Management GmbH (GRR REM) has acquired the newly-constructed Büchenbach-West local shopping center in Erlangen, for GRR German Retail Fund No.1. The property has a lettable area of ov ...

ICSC: Retail industry confidence up sharply (EU)

The New Year has brought confidence in the European shopping-center industry, according to the International Council of Shopping Center's (ICSC) Euro-shop Index, its pan-European survey of shopping c ...

First Retail International (FRI) acquires a retail park portfolio in Romania (RO)

First Retail International (FRI), a specialist retail property company with a focus on retail warehouse properties in Europe, has acquired a 50% interest in the Romanian retail park portfolio 'InterCo ...

HOCHTIEF sells 237 rental apartments in Gallus, Frankfurt to Aberdeen (DE)

HOCHTIEF Solutions formart has already sold part of the Lahnsche Höfe—with a living area of around 18,500 m² and 800 m² of useful area—to Aberdeen Immobilien Kapitalanlagegesellschaft off plan. T ...

Heijmans selected for the Buizengat-Oost area development in Vlaardingen (NL)

The municipality of Vlaardingen has selected Heijmans for the Buizengat-Oost inner city area development. Heijmans' proposal is based on a phased development linked to the local market's development. ...

Winners of 11th annual MIPIM AR Future Project Awards announced

Skidmore Owings and Merrill’s ‘Breathing Tower’, a landmark 75 story building in Wujiang, China, has been awarded both the coveted Overall Winner prize and the Tall Buildings category accolade, ...

The Carlyle Group acquires a Karstadt department store in Esslingen (DE)

Global alternative investment manager The Carlyle Group ('Carlyle') announces that it has completed the acquisition of a 17,000 m² department store, operated by leading German retailer Karstadt, in t ...

Pramerica acquires 118 Avenue des Champs-Elysées and sells Avancée B (FR)

Pramerica Real Estate Investors has completed the acquisition of the companies holding 118 Avenue des Champs-Elysées in Paris, a prime retail and office building, from listed Italian property company ...

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