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CDS delivers the new 45,000 m² IKEA megastore in Baronissi (IT)

The new IKEA megastore in Baronissi (Salerno) with a commercial area of 45,000 m² and 70,000 m² of landscaping and parking, at an investment of over €50 million, was built by CDS Holding, which ass ...

Investors see 2010 as the time to target prime European real estate (EUR)

CB Richard Ellis Group, Inc. announced the results of a survey of more than 270 European real estate investors, revealing their intentions for the timing and focus of their investment activity over th ...

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 ...

Icade sells its Italian branch to Arcotecnica R.E. (IT)

To keep in line with its decision to cease all non-strategic activities, Icade, in January 2010, entered into exclusive negotiations with the Arcotecnica Group, Icade's technical partner in Italy for ...

Confidence grows at MIPIM 2010 (FR)

Investor confidence, major city delegations and ambitious project presentations were all present in abundance in Cannes this week, as some 18,000 delegates from 81 countries met for business at the 21 ...

Green office properties to grow by 61% (FR)

Completions of French office properties certified to HQE (Haute Qualité Environnementale) standard will increase by 61% in 2010 representing some 650,000 m², according to Savills. This is compared t ...

Union Investment acquires Lipinski Passage in Warsaw city center (PL)

Union Investment has acquired the office and shop premises "Lipinski" for one of its open-ended real estate funds for institutional investors. The complex is located in a prime location in Warsaw's c ...

Multi Corporation sells their 35% interest in Forum Mersin to Union Investment for €68 million (TR)

Multi Corporation and Union Investment have finalized an agreement to purchase the remaining 35% of the shares owned by Multi. Union Investment will be the 100% owner of the Forum Mersin shopping cent ...

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