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SEB completes sale of Ukrainian retail business (SE/UA)

In accordance with the November 18, 2011 announcement of the sale of SEB's retail banking business in Ukraine, the sale was completed on June 7, 2012.SEB will continue to operate in Ukraine as a corpo ...

2012 ICSC Solal Marketing Awards announced (EU/HU)

The 2012 International Council of Shopping Centers (ICSC) European Solal Marketing Awards winners have been announced. An incredible 173 entries were received from shopping centers in 21 countries. Ni ...

Union Investment acquires class-A office building in San Francisco (DE/US)

Four years after acquiring its last holding in the United States, Union Investment has entered one of the most dynamic US office property markets, buying the 33-story office property at 555 Mission St ...

Citycon signs agreement to acquire Danish shopping center Albertslund Centrum (DK)

Citycon has entered into an agreement to purchase shopping center Albertslund Centrum in Greater Copenhagen area in Denmark from the Municipality of Albertslund for DKK 181 million (approximately €24 ...

Spains real estate crisis solution may lie in US Savings & Loan REIT model (ES)

One solution to Spain's real estate market implosion that has laid low the economy and crippled many of its banks may lie in using the equities market, and particularly the efficient REIT investment v ...

SP Setia and Sime Darby joint bid to acquire Battersea for ₤400 million now preferred (MY/UK)

Following intense bidding by various parties, the joint bid by SP Setia Berhad and Sime Darby Property Berhad has been identified as the preferred bidder for the Battersea Power Station in London, Uni ...

Aberdeen European Balanced Property Fund acquires Olen Shopping Park in Belgium (BE)

The Aberdeen European Balanced Property Fund has announced the acquisition of the newly built retail park Olen Shopping Park in Olen, Belgium, from VLAECO, a joint-venture company of Belgian construct ...

Amplion's new property fund acquires a Finnish bank branch retail portfolio (FI)

SN Properties Ky, a new property fund launched and managed by Amplion Asset Management Oy, has acquired a retail portfolio in Finland from a Danish owner. The portfolio consists of 37 properties with ...

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