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Corio acquires shopping center Le Vele in Italy for €103.3 million (IT)

Corio acquired 'Le Vele shopping gallery and Millennium Entertainment center in Cagliari on Sardinia for €103.3 million at a net yield of 7.0%. The total shopping center comprises 44,400 m² GLA and ...

London offices show strong leasing levels and falling supply (UK)

Latest research from CB Richard Ellis shows that there was no sign of a let up in tenant demand in Central London during February as take-up remained above the one million ft² (approx. 92,000 m²) ma ...

Sonae Sierra reduces water consumption by 11.6% worldwide

On the occasion of the World Water Day, Sonae Sierra – the international shopping centre specialist – publishes its water results for 2009 and reveals its dedication to the careful use of precious d ...

Fabege to develop residential units in partnership with Oscar Properties (SE)

Fabege and Oscar Properties Invest AB have formed a jointly owned company for developing residential properties with tenant-owner flats in Stockholm. The company will be owned in equal parts by the tw ...

Helaba syndicate leader in financing Munich business park with over €250 million (DE)

Helaba is acting in this transaction as sole mandated lead arranger, security agent, co-underwriter and swap-provider, through its unit Southwest Region of Real Estate Lending Germany. The business pa ...

Marco Polo Tower at Hamburgs HafenCity wins MIPIM Award 2010 (FR/DE)

At the international real estate show, Marché International des Professionels de l'Immobilier (MIPIM), the annual MIPIM awards were presented in five categories. The "real estate Oscar" in the Reside ...

Up to 20% office rental growth forecast for some European cities (EUR)

Office rental growth in Luxembourg will exceed 20% by year end 2010 with London's City and West End set for over 10% growth, as well as Istanbul and Prague at approximately 8% and 5%. This is accordin ...

Lack of prime shopping center space in EMEA to drive development pipeline (EMEA)

During 2009, almost 6 million m² of new shopping center space was developed across Europe, a 28% decline on 2008 levels, bringing an end to three years of consecutive development growth, according to ...

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