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JLL: MKAD restrictions enforce warehouse decentralization (RU)

New completion volume kept increasing: about 100,000 m² was delivered to the market in Q1 2013, which is 100% growth on YoY basis. Despite increased completion the volume of vacant spaces did not ris ...

Italian luxury designer outlet Florentia Village arrives in Shanghai (CN)

Silk Road Holdings has successfully acquired its latest designer outlet development site, this time in the Pudong New District of Shanghai. Located between China’s first Disneyland and the Pudong In ...

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 ...

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