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New shopping center Sombrero opens in Moscow (RU)

Sombrero, a local shopping center in the south of Moscow in the busy district of Chertanovo, a densely populated district of Moscow, opened at the end of June.The three-level shopping center with a to ...

Development Securities announces achievement of milestones at its £110 million mixed-use scheme (UK)

Development Securities PLC, in partnership with Cathedral Group plc, announces that it has completed the acquisition of the 2.2-acre site in Greenwich town center for £16 million (approx. €20 millio ...

PRELIOS: 1,500 residential units sold in Germany for a total value of €93 million (DE)

The Prelios Group announced that the Resident Berlin 1P&K GmbH, a joint venture participated by Prelios, has signed a contract to sell 1,503 residential units to a German institutional investor. T ...

London & Stamford acquires office building in Marlow for £50.15 mln (UK)

London & Stamford Property Plc (LSE: LSP.L) announces that it has exchanged contracts to acquire an office building; Marlow International, Parkway, Marlow, from Avestus for £50.15 million (approx ...

Newsec advised YIT on sale of office building in Tallinn (EE)

YIT Ehitus AS, Estonian subsidiary of YIT Construction, advised by Newsec, signed sales and purchase agreement according to which YIT sells to Estonian investor Capital Mill its 90% ownership of the O ...

Redevco sells its entire Turkish business to Blackstone (NL/TR)

Redevco has agreed to sell its entire Turkish portfolio and management platform to affiliates of The Blackstone Group. The sale concerns three shopping centers: Gordion Shopping Center in Ankara, Erzu ...

NSI completed the sale of 70% of the Swiss portfolio for CHF 94.5 million (NL/CH)

NSI N.V. (NSI) completed last week the sale of its Swiss office property Silvergate in Thalwil and its retail property Perolles Centre in Fribourg for a total amount of CHF 94.5 million (approx. €78. ...

Peab to build store for IKEA in Uddevalla (SE)

Peab has been commissioned to build a new department store for IKEA in Uddevalla. The customer is IKEA Properties Ltd and the contract amounts to SEK 292 million (approx. €33 million).The contract is ...

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