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Union Investment acquires Förde Park shopping center in Flensburg for new retail fund (DE)

Förde Park is Union Investment's second acquisition for its new real estate fund for institutional investors, UII Shopping Nr. 1, following the company's purchase of the Breisgau Center in Freiburg." ...

New tenant for Ravens Noginsk-Eastern warehouse complex (RU)

CBRE has advised UPM Raflatac, a large global producer of self-adhesive labelstock, in their search for a light industrial facility for labelstock slitting operations in the Moscow Region.UPM rented p ...

Kardan Land China signs term sheet to raise €40 million (NL/CN)

Kardan N.V. announces that its holding for the Chinese real estate operations, Kardan Land China Ltd. has signed a term sheet with an investor, to increase its capital by RMB 333.3 million (approximat ...

Canary Wharf Group plc secures £190-mln. loan facility for new commercial development (UK)

Canary Wharf Group plc has secured a £190-million (approx. €228-million) development and investment loan facility for the development of a major office scheme at 25 Churchill Place, Canary Wharf. ...

Legendary entrepreneur Werner 12123324 dies at the age of 102 (DE)

The businessman and entrepreneur from Hamburg Prof. Dr. h.c. Werner Otto, founder of the mail-order company OTTO and the shopping center development company ECE, died on Wednesday, December 21, 2011, ...

IVG signs long-term lease contract with the University of Hamburg (DE)

IVG Immobilien AG has managed to sign one of the largest individual lease contracts in Hamburg in 2011.The building which is owned by IVG will be fully let to the University of Hamburg. It consists of ...

JLL advises AMF Fastigheter on acquisition of three prime shopping centers in Stockholm (SE)

AMF Fastigheter has acquired the three shopping centers, located in Stockholm's city center. The properties Fältöversten, Ringen and Västermalmsgallerian have a total lettable area of approximately ...

LaSalle acquires Pontarddulais Retail Park in Swansea (UK)

LaSalle Investment Management announces that it has completed the acquisition of Pontarddulais Retail Park, Swansea, on behalf of BAE Systems 2000.The scheme consists of 80,000 ft² (approx. 7,400 m² ...

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