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Cordea Savills acquires three assets for its European Retail Fund (EU)

The Cordea Savills European Retail Fund, which launched in late 2012, has acquired its first three assets in Paris, Glasgow and Berlin for ca. €50 million. “We are delighted to have acquired thre ...

HOCHTIEF Projektentwicklung lets further offices at Hirschgarten in Munich (DE)

Around 42% of rental space at the forum am Hirschgarten office and business center has been let—Completion at end of 2013 HOCHTIEF Projektentwicklung has let 3,000 m² of office space at the forum ...

St. Modwen appointed to deliver first phase of new £450 mln campus (UK)

St. Modwen Properties PLC (LSE: SMP), the UK’s leading regeneration specialist, and Swansea University have signed the Development Agreement to deliver the first phase of the £450 mln (approx. €5 ...

Largest shopping location in Hungary opened today (HU)

After a construction time of 18 months, Árkád 2 in Budapest has opened today. The new shopping center supplements on three floors the already existing Árkád 1 by around 20,000 m² leasable area an ...

O1 Properties acquires White Square Office Center in Moscow (RU)

O1 Properties, one of the largest owners and managers of a portfolio of high quality office properties in Moscow, (purchaser) and a consortium between leading developer AIG/Lincoln, leading Russian in ...

Sonae Sierra invests €4.5 million in the expansion and refurbishment of AlgarveShopping (PT)

Sonae Sierra, the international shopping center specialist, has just announced the expansion of AlgarveShopping, an operation with an investment of 4.5 million euros, carried out with the purpose of m ...

TriGranit Management Corporation wins new scheme in the capital of Bulgaria (BG)

TriGranit Management Corporation (TGM) is proud to announce that it has won the full Property Management mandate for South Sofia Ring Mall, following a tough tender process against determined oppositi ...

Union Investment acquires AkzoNobel headquarters development project in Amsterdam (NL)

Using forward funding, Union Investment Real Estate GmbH has acquired one of the top properties in Amsterdam's office real estate market. The Hamburg-based property investment management company has ...

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