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Westfield Group announces two major strategic transactions (US/UK)

The Westfield Group (ASX:WDC) announced two major strategic transactions including a US $4.8 billion (€3.7 bln) joint venture over 12 assets in the United States with Canada Pension Plan Investment B ...

Moderate retail growth in Germany leads to redistribution of turnover (DE)

Despite lingering concerns regarding the economic crisis, GfK GeoMarketing's new prognosis of Germany's 2012 regional retail turnover shows that turnover potential has increased by approximately one p ...

Jones Lang LaSalle awarded the CEE Retail Agency of the Year 2011 (PL)

Jones Lang LaSalle was awarded the CEE Retail Agency of the Year 2011 at the Europaproperty CEE Retail Real Estate Awards held on 9th February in Warsaw. The firm was chosen by a panel of 36 judges ra ...

Ober-Haus Baltic Apartment Price Index shows relative stabilty (CEE)

Ober-Haus Baltic Apartment Price Index shows in January 2012, a 0.1% drop in apartment prices was recorded in Vilnius (the same decrease as in December of 2011). Regardless of this overall, fairly ins ...

Deka Immobilien sells office property in Milan for €45.5 mln. (IT)

Deka Immobilien GmbH has sold the Viale Regina Giobanna 27 - 29 office building in Milan to Inarcassa RE, an Italian real estate fund, reserved to institutional investors, managed by Fabrica Immobilia ...

IMMOFINANZ Group sells inner city palace in Vienna (AT)

IMMOFINANZ Group, Austria's largest real estate investor and developer, has sold a historical inner city office building in Vienna to a private asset management firm. This property was built in 1718 a ...

Investors will be aggressive when investing in long-term Brussels office lets (BE)

According to Savills latest office report, aggressive investors will be paying 5-5.5% yields in 2012 to secure the longer term lets in Brussels. This reflects the scarcity of such stock in the market, ...

Hammerson submits redevelopment plans for Centrale (UK)

Hammerson has submitted a detailed planning application to the London Borough of Croydon for the redevelopment of Centrale Shopping Centre. Hammerson purchased the centre in March 2011 having identifi ...

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