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Investment Management Group acquires 70% stake in retail park to be built in Tver (RU)

Investment Management Group (IMG) has completed its acquisition of an approximately 70% stake in a retail park to be built in Tver, Russia, on behalf of its Russia Development Fund.The retail park, de ...

CBRE: CEE property investment volumes set for record year (CEE)

Commercial property investment volumes in Central and Eastern Europe (CEE) totalled €8.7 billion at the end of November 2011, twice the level registered in the same period in 2010, according to the l ...

Invesco Real Estate ramps up cross-border client focus with key appointments (FR)

Invesco Real Estate (IRE), the international property investment manager, is pleased to announce a reorganization in its European business and new appointments in its Paris office as part of its conti ...

The Sierra Fund acquires all the shares of Plaza Mayor Shopping in Malaga (PT/ES)

Sonae Sierra, the international specialist in shopping centers, has acquired, through the Sierra Fund, 25% of the shares of Plaza Mayor Shopping, in Malaga, to minority shareholders. The Sierra Fund h ...

Planning submitted for Lakeside extension (UK)

Capital Shopping Centres (CSC) yesterday (December 7, 2011) submitted a planning application for a £180-million (approx. €210 million) investment in its Lakeside center in Thurrock which will includ ...

NewSec advises on purchase of 22,000-m² shopping mall Babilonas I (LT/FI)

One of the best-known shopping center in Lithuania Babilonas I, situated in Panevezys city in Lithuania, has been sold to a Finnish private investor Pontos Group. ...

LGP acquires The Meadows Shopping Centre in Chelmsford (UK)

Legal & General Property ('LGP') has announced that it has acquired The Meadows Shopping Centre, Chelmsford, Essex, from Lend Lease for £56.1 million (approx. €65.7 million), reflecting a net in ...

SEB ImmoInvest signs another purchase agreement (DE)

Preparations for the reopening of the SEB ImmoInvest open-ended real estate fund are in full swing. SEB Asset Management has signed another purchase agreement, this time for an office building at Gorc ...

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