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Start of construction on Árkád II in Budapest (DE/HU)

Construction work on the shopping center Árkád II in Budapest (Hungary) has started. Árkád I located at the Örs vezér tere square was opened nearly 10 years ago. The center's economic success co ...

Orco Property Group completes agreement to sell Russian assets for €53 million (RU)

Orco Property Group has completed the agreement to sell its stake in its Russian operations to a local investor.This €53-million sale includes the logistics business, the residential projects, the of ...

Prelios, Highstreet portfolio: three department stores rented to Karstadt sold to ECE (DE)

Prelios announces that Karstadt property owner Highstreet has closed a sales agreement for three department stores with ECE Projektmanagement GmbH & Co. KG, a German real estate company. All the s ...

ICSC: Changing consumer behavior favors outlet shopping (EU)

Traditional retail continues to be challenging thanks to volatile European economies, but leading European outlet development company, Neinver, reported a 7% increase in visits to its centers this yea ...

Dynamic expansion of Claire's in Poland (PL)

Even though the Claire's brand entered the Polish market only a year ago, it already has 16 shops across the country, including Warsaw (three shops), Wroclaw (two shops), Krakow, Poznan, Opole, Koszal ...

Rockspring acquires major central London student accommodation asset (UK)

Rockspring Property Investment Managers has announced the acquisition of Dashwood Studios, a significant student accommodation scheme recently completed by Quintain Estates and Development plc, on beh ...

Cofinimmo acquires Parkside Invest SA (BE)

Cofinimmo has announced the acquisition of all outstanding shares in Parkside Invest SA, owner of the nursing home Parkside located in 1020 Brussels, rue Général De Ceuninck 75. The existing propert ...

M&G Investments arranges finance for two London retail centers (UK)

M&G Investments, one of Europe's leading institutional investors, has arranged senior, mezzanine and preferred equity financing for two shopping centers that sit above Hammersmith and Fulham Under ...

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