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Demján Group develops new cultural center in the Russian metropolis (RU)

After completing the Palace of Arts in Budapest, Demján Group has started on the development of the multifunctional cultural center in St. Petersburg. The complex of more than 80,000 m² includes a 1 ...

Savills: Retail dominates German investment market in H1 2011 (DE)

Savills latest German investment report states that commercial real estate worth approximately €11.03 billion was transacted throughout the first half of 2011 in Germany. Retail dominated with seven ...

LaSalle Investment Management agrees two major lease extensions in Madrid market (ES)

LaSalle Investment Management has agreed two major lease extensions with hypermarket operator, Alcampo in Madrid, Spain. Acting on behalf of two continental European funds: Encore+ and LaSalle Euro Gr ...

CBRE: Retailer expansion held back in Europe by lack of new shopping center development (EU)

A shortage of new shopping centers being built in Europe restricted the expansion plans of retailers in 2010, but an increase in the amount of space available in emerging markets next year is expected ...

Ærium acquires prime Aberdeen office asset for £50.1 million (UK)

Ærium, the European real estate fund manager, is pleased to announce that it has acquired iQ, a newly developed prime office building on Justice Mill Lane in the center of Aberdeen for £50.1 million ...

GI Partners' Elystan platform continues expansion of Munich office portfolio (DE)

GI Partners, a leading private equity firm focused on investments in real estate platforms and asset-intensive businesses in Western Europe and North America, is pleased to announce that its Elystan i ...

Hammerson acquires virtual freehold of 99 Bishopsgate, London EC2 (UK)

Hammerson plc has acquired a 999-year leasehold (virtual freehold) interest in 99 Bishopsgate, London EC2, from PRUPIM acting on behalf of the Prudential Assurance Company Ltd for £100 million (appro ...

ICSC: Leasing skills critical for industry success (BE)

Leasing is seen as the most essential skill within the Retail Real Estate Industry according to students attending the 2011 International Council of Shopping Center's European Retail Property School. ...

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