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PATRIZIA acquires office portfolio for more than €400m (DE)
Hamburg building thumbnail

PATRIZIA Immobilien AG acquired a portfolio of nine office and commercial properties in the top locations in the economically strongest metropolitan areas of Germany. The purchase price amounts to ...

Cornerstone acquires Madrid prime retail asset for €21.6m (ES)
Madrid skyline thumbnail | Greg Block

Cornerstone Real Estate Advisers Europe (“Cornerstone”), a subsidiary of Cornerstone Real Estate Advisers LLC, one of the largest global real estate focused investment managers, announces ...

Polish businesses require 250,000m² of new office space per year, estimates JLL (PL)
Office building stockphoto thumbnail

According to JLL, the business services sector in Poland currently occupies approximately two million m² of modern office space. This amount continues to grow due to the ongoing development of ...

Hammerson sells Northumberland shopping centre for €93m (GB)
Sale stockphoto thumbnail

Hammerson plc ("Hammerson") has exchanged contracts for the sale of Manor Walks Shopping Centre, Cramlington ("Manor Walks") in Northumberland to Arch Commercial Enterprise Ltd for €93m ...

Starwood Capital and Vencom to sell retail assets for €327m (SE)
Stock centre stockphoto thumbnail

Starwood Capital Group, a leading global private investment firm, and Vencom, through separately controlled affiliates, announced today an agreement to sell six retail parks and shopping gallerias in ...

CBRE report expects six new Moscow shopping centres by end of 2016 (RU)
Shopping centre stock thumbnail

CBRE, global real estate advisor, summarizes H1 2016 results of the Moscow Retail market. According to the report, on the back of new shopping centres completions, average vacancy rate is to increase ...

Oxford Street to be car-free by 2020 (GB)
Oxford Street Photo Thumbnail | Matti Mattila

In a bid to tackle air pollution and pedestrian safety, London mayor Sadiq Khan has announced plans to completely pedestrianise the popular shopping destination, Oxford Street, by the year ...

Capital Bay purchases mansion in Magdeburg (DE)
Magdeburg Thumbnail | Carla Roca Oporto

The Berlin-based company Capital Bay GmbH (Capital Bay) has acquired a historic mansion and an adjoining building in Magdeburg as part of an asset deal. The seller of the two properties located in a ...

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