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Stores, not Web sites, deliver retail profits, speaker says at ICSC European Conference (EU)

Shopping centers have nothing to fear from e-commerce. On the contrary, “It’s a friend,” observed Marcel Kokkeel, CEO of Finnish developer Citycon Oyj, speaking at the ICSC European Conference i ...

Europe RE launches new Turkey RE website (EU)

Europe Real Estate is pleased to announce the launch of its new Turkey Real Estate platform–a completely revamped website featuring the latest real estate news, industry trends, interviews with lead ...

BBVA carries out sale & leaseback of Paris HQ for €32 mln (FR/ES)

Multinational Spanish banking group BBVA has carried out a sale and leaseback of its 2,000 m² Paris headquarters, located at 29 Avenue de l'Opéra (Paris 1), as part of a strategy to optimise its pro ...

PBR to sell licensed leisure portfolio (UK)

Gerald Eve has been appointed to sell a portfolio of 13 pubs, bars, nightclubs and hotels by PBR Leisure Ltd with great asset management potential. They are Coyote Wild, in Derby, Boathouse and Klu ...

Deka Immobilien sells TK Shinbashi building in Tokyo (DE/JP)

Deka Immobilien GmbH has sold the TK Shinbashi office and retail building in Tokyo for the equivalent of approximately €44 million. The property was acquired in 2004 and held by the Deka S-Proper ...

Landmark Blue Tower in Brussels sold (BE)

Brussels’ Blue Tower has been sold by Morgan Stanley Real Estate Investment GmbH, advised by Savills and BNP RE, to Belgian REIT Befimmo for €78.5 million in the largest multi-let office deal sinc ...

Segro announces major development scheme in Enfield, North London (UK)

SEGRO announced that it has agreed a 44,100 ft² (approx. 4,100 m²) pre-let development with Premier Inn to construct a five story, 96 bedroom hotel and restaurant at Advent Way, Enfield, North Londo ...

Savills: Alternative financing increases in Swedish investment market (SE)

Increased bank lending and a growing investor interest in alternative financing will have a positive impact on future transaction volumes according to the latest research report by Savills. The int ...

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