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Union Investment acquires Förde Park shopping center in Flensburg for new retail fund (DE)

Förde Park is Union Investment's second acquisition for its new real estate fund for institutional investors, UII Shopping Nr. 1, following the company's purchase of the Breisgau Center in Freiburg." ...

Canary Wharf Group plc secures £190-mln. loan facility for new commercial development (UK)

Canary Wharf Group plc has secured a £190-million (approx. €228-million) development and investment loan facility for the development of a major office scheme at 25 Churchill Place, Canary Wharf. ...

Legendary entrepreneur Werner 12123324 dies at the age of 102 (DE)

The businessman and entrepreneur from Hamburg Prof. Dr. h.c. Werner Otto, founder of the mail-order company OTTO and the shopping center development company ECE, died on Wednesday, December 21, 2011, ...

JLL advises AMF Fastigheter on acquisition of three prime shopping centers in Stockholm (SE)

AMF Fastigheter has acquired the three shopping centers, located in Stockholm's city center. The properties Fältöversten, Ringen and Västermalmsgallerian have a total lettable area of approximately ...

LaSalle acquires Pontarddulais Retail Park in Swansea (UK)

LaSalle Investment Management announces that it has completed the acquisition of Pontarddulais Retail Park, Swansea, on behalf of BAE Systems 2000.The scheme consists of 80,000 ft² (approx. 7,400 m² ...

Klépierre acquires shopping mall in Toulouse and pursues its asset disposal program (FR)

Klépierre announces that it has acquired the shopping mall adjoining the regional center E. Leclerc Roques-sur-Garonne, located to the southwest of the Greater Toulouse Area, a powerful and dynamic u ...

King's Street Retail acquires Wloclawek mall (PL)

Wzorcownia, the Wloclawek shopping mall which opened in 2009, has been acquired by King's Street Retail. The combined GLA of King's Street Retail currentl ...

First close of ASR Dutch Prime Retail Fund oversubscribed (NL)

ASR Real Estate Investment Management ('ASR REIM'), the real estate investment division of Dutch insurance company ASR, has completed the first closing of the ASR Dutch Prime Retail Fund, with subscri ...

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