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ICSC’s European Advisory Board welcomes two new members (EU)

The International Council of Shopping Centers’ (ICSC) European Nominations Committee has appointed Joris de van der Schueren, Fund Director & Head of International Retail Clients, Redevco B.V, t ...

Klépierre agrees on disposal of a €770 mln retail portfolio (NL)

Klépierre announced it has reached a conditional agreement with Wereldhave on the disposal of a portfolio of nine shopping centres located in the Netherlands for a total consideration of €770 mln, ...

CORESTATE Invests €370 mln in retail properties in Germany (DE)

CORESTATE, a specialized real estate investor based in Zug, Switzerland, announces the €370 mln acquisition of 35 handpicked and well located retail buildings in prime locations in pedestrian zones ...

Aareal Bank sells Main Triangle building to WCM for €92 mln (DE)

Aareal Bank Group has sold the Main Triangle building in Frankfurt to WCM Beteiligungs- und Grundbesitz AG for approx. €92 mln. The closing of the transaction is expected for September 2015. ...

Foncière des Régions and MEININGER Hotels signed an agreement for a new hotel in Munich (DE)

Foncière des Régions, through its subsidiary Foncière des Murs, and MEININGER Hotels signed an agreement for a new MEININGER Hotel in Munich located on Landshuter Allee, close to the Olympic Park. ...

ParkLake shopping centre to open in 2016 (RO)

ParkLake, a Sonae Sierra and Caelum Development Joint venture project, located in Sector 3 of Bucharest, represents €180 mln in investment and will open doors in 2016. Construction is und ...

Schroders purchases Hammersmith’s Kings Mall shopping centre for €215.6 mln (UK)

Commercial investment entity, Matterhorn Palos Partnership, a joint venture between Matterhorn Capital and Brett Palos Investments, has sold Kings Mall shopping centre in Hammersmith, London, to Schro ...

Delhaize Group and Royal Ahold agree on €26 bln merger

Leading European food retailers Delhaize Group and Royal Ahold N.V. today announced that they have entered into an agreement to merge. The combined company, which will be named Ahold Delhaize, wil ...

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