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AFI Palace Cotroceni mall in Romania starts expansion (RO)

AFI Palace Cotroceni started its next expansion and re-organization construction works, following the policy of the mall’s management to continuously offer a new, modern and fresh concept to its vis ...

Grosvenor Fund Management to acquire Skärholmen Centrum Shopping Centre, Sweden (SE)

Grosvenor Fund Management (GFM) has agreed to acquire Skärholmen Centrum, one of Sweden’s leading shopping centers, on behalf of its Retail Centers V (Sweden) fund. Situated in one of Sweden ...

Invesco Real Estate finishes 2014 with landmark transaction in Poland (PO)

Invesco Real Estate (IRE), a global real estate investment manager, is pleased to announce that it acquired Warsaw’s Plac Unii on 18th December for approx. €226 million; which was one of the bigge ...

Skanska commences construction of The Monument Building, London EC3 (UK)

Skanska, has completed demolition of the existing building at 11-19 Monument Street and commenced construction of The Monument Building, its 94,000 ft² (8,733 m²) office development in London EC3. ...

IVG Institutional Funds sells Silberturm to Samsung SRA Asset Management (DE)

IVG Institutional Funds GmbH has sold the landmark property “Silberturm” in Frankfurt am Main to a consortium led by Samsung SRA Asset Management from Korea. Hines acted as investment manager for ...

Skanska to develop supermarket and sports hall in Stockholm, Sweden, for €35 mln (SE)

Skanska has signed a contract to construct a supermarket for ICA Maxi and a sports hall for Huddinge municipality in Stockholm, Sweden. The contract is worth €35 mln, which is included in order book ...

Arcus Real Estate: strong performance and new openings in 2014 (IT)

Arcus Real Estate closed their 2014 budget with great satisfaction. Sicilia Outlet Village had an extraordinary performance in 2014 with steady growth in economic terms, footfall, tourist presence and ...

Genesta sells Gustavsbergs Centrum to Nordika (SE)

Genesta’s fund, GNBRE (Genesta Nordic Baltic Real Estate), executes its second divestment by selling Gustavsbergs Centrum to Nordika Fastigheter. The property comprises some 6,500 m² of leas ...

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