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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 ...

CBRE: Most competitive real estate debt offered by insurers (UK)

Insurance companies offer the most competitive real estate debt terms on the market, new research from CBRE has revealed. With maximum loan-to-values (LTVs) of 69% and typical margins of 2.4%, insurer ...

IPD: Returns turn negative for European pooled property (EU)

After five consecutive quarters of growth cross border European property funds saw returns fall to -0.2% in Q3 2011, according to the IPD Pan European Property Funds Index."The ongoing euro zone conta ...

AM alpha completes first investment in Sydney with Australian JV partner (DE/AU)

AM alpha GmbH, a private investment advisory firm servicing private clients, is pleased to announce that it has entered into a joint venture with Abacus Property Group in respect of the commercial off ...

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