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Hammerson acquires remaining 75% of Central Retail Park, Falkirk (UK)

Hammerson plc, which owns 25% of Central Retail Park in Falkirk, has exchanged contracts to acquire the remaining 75% from its partner TIAA-CREF for a consideration of £69 million (approx. €79 milli ...

Construction of a new shopping center gets under way in Budapest (HU)

The Hegyvidék Shopping Centre, scheduled to open in autumn 2012, is being constructed in a development project by WING Zrt. in the heart of Budapest's District 12. The special feature of this mall wi ...

Grainger acquires Genesis Housing Groups share in Grainger GenInvest Partnerships (UK)

Grainger plc, the UK's largest quoted residential property company, has announced that it has acquired Genesis Housing Group's 50% share in Grainger GenInvest Partnerships along with associated subord ...

Barberino Designer Outlet to start expansion works next month (IT)

Barberino Designer Outlet, one of five McArthurGlen Designer Outlets in Italy, has been given the go-ahead to start building works on the center's second phase by the municipality of Barberino del Mug ...

Citycon strengthens its position in Estonia by acquiring the Kristiine Shopping Centre (EE)

Citycon has entered into an agreement to purchase the Kristiine Shopping Centre in Tallinn, Estonia from one of the largest property developers in the Baltic countries, Pro Kapital, for approximately ...

LGP's leisure fund acquires Aldershot development scheme and completes £42-mln. equity raise (UK)

Legal & General Property (LGP) announces that it has agreed to forward fund The Westgate leisure development in Aldershot with Citygrove Securities Plc and Rushmoor Borough Council for £51 millio ...

80,000 visitors on the opening day of the Pasing Arcaden in Munich (DE)

With the opening of the Pasing Arcaden on March 15, 2011 by mfi management für immobilien AG, which also developed and manages the Riem Arcaden in Munich, the Munich West district gained a new, multi ...

IPD: UK residential returns sustain double-digit returns (UK)

Investment grade, market let residential property delivered a second consecutive double-digit annual return in 2010, at 10.4%, according to the IPD UK Residential Index. The investment performance com ...

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