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Hammerson acquires Wrekin Retail Park, Telford (UK)

Hammerson has acquired Wrekin Retail Park, Telford, for £42 million (approx. €49 million) including acquisition costs. The vendor is Legal and General Property, which has owned the park since its de ...

REDEVCO to start constructing Magnesia Shopping Center in Manisa (TR)

REDEVCO Turkey will start constructing the approx. 17,000-m² Magnesia Shopping Center in the first quarter of 2011. Magnesia Shopping Center is scheduled ...

CODECO wins award for best project in Kazakhstan (KZ)

The exclusive Czech Terraces residential project, which the CODECO development company is realising in the largest Kazakh city of Almaty, received an important award this autumn from the Union of Arch ...

Icade and Klépierre strengthen position in Odysseum with €35 million investment (FR)

Icade and Klépierre, the owners of Odysseum, have just purchased from the SERM (company providing facilities for the Montpellier Region) the ownership and management of a hub covering five hectares a ...

Aprirose acquires £21 million Co-Op portfolio (UK)

Aprirose has bought the Sand Portfolio of nine freehold petrol filling stations with Co-Op convenience stores for £20.9 million (€24.7 million) reflecting a net initial yield of 5.77% from a private ...

Panattoni Europe enters the retail market (PL)

Panattoni Europe, the leader of Poland's warehouse space sector, is planning to enter the retail property market in Poland. The scope of operations of the newly opened unit will include investments in ...

CBRE: Global office rental cycles vary across borders

U.S. office markets are showing signs that rental declines are leveling off, and some major cities, such as Washington D.C. and New York, have reached the bottom of the rental cycle, according to CB R ...

Zorlu Center draws great interest at MAPIC (FR/TR)

Zorlu Center, connecting two continents, creating a new city by bringing 5 different functions including residence, performance arts center, shopping center, hotel and offices; met the international i ...

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