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Moodys/REAL All Property Type Aggregate Index measures 4.1% increase in December (US)

The Moody's/REAL All Property Type Aggregate Index measured a 4.1% increase in commercial real estate prices in December 2009. This marks two consecutive months of price gains, and is the largest mont ...

Europeans invested €12 million in Oceana Residence in January (UAE)

Europeans from Britain, Russia, Holland and Belgium, invested AED 60 million (approx. €12 mln.) in January, as sales of apartments at the luxurious Oceana Residence, averaged almost one per day durin ...

Benson Elliot makes first UK acquisition in Milton Keynes for €23.5 million (UK)

Benson Elliot Capital Management, the leading private equity real estate firm, has exchanged contracts on the acquisition of CBXII, Midsummer Boulevard, Milton Keynes. The property has been acquired f ...

McArthurGlen opens its fifth designer outlet village in Italy (IT)

La Reggia Designer Outlet near Naples has attracted some of Europe's best-known brands. It also features one of Europe's biggest solar energy schemes ever used in the retail sector. Once the second ph ...

Sjælsø sells three retail projects in Sweden at €43 million (SE)

Sjælsø has entered into an agreement with Alecta Pensionsförsäkring about sale of three retail projects in Sweden at SEK 427 million (approx. €43 million).Alecta is one of the largest pensions in ...

Average retail rents continue to decline but should soon stabilize (UK)

Average retail property rents declined just over 8% in 2009 says Cushman & Wakefield. In its latest quarterly update on the UK market, the property adviser says that although rents declined by a f ...

Neinver Outlet Centres bucks trend, increases Y-O-Y sales in Europe by 28% (EUR)

NEINVER, the second largest operator in Europe, with eleven outlets centers and more than 1,000 stores, has increased the turnover of the outlet centers it operates in Italy, Germany, Spain, Poland an ...

Multi Development restarts construction of New Karolina (CZ)

Multi Development announced the restart of construction of its major inner-city development in Ostrava. Construction workers are now returning to the large site in the city center. This follows Multi' ...

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