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Citycon acquires Högdalen Centrum shopping center in Stockholm (SE)

Citycon has acquired the Högdalen Centrum shopping center in Stockholm for SEK 207.5 million (approximately €23.1 million) from Centeni AB, controlled by The Royal Bank of Scotland.Högdalen Centrum ...

REDEVCO and Carrefour agree terms on closing down hypermarkets in Belgium (BE)

After months of negotiations Redevco and Carrefour have reached an agreement on terminating the leases on six hypermarkets and downsizing four others.The hypermarkets in Sint-Pieters-Leeuw, Ronse, Kuu ...

Savills: Poland's regional cities in focus as country set to dominate 2011 CEE investment volumes (PL)

Interest in Poland's regional cities is rising, according to Savills, as real estate investment in 2011 is set to exceed €2 billion compared to a total volume of €1.73 billion in 2010. Poland is ant ...

GfK study: Risks and opportunities associated with small shopping centers in mid-sized cities (DE)

In response to the trend toward smaller shopping centers and hybrid malls, GfK GeoMarketing evaluated 45 small German shopping centers in April 2011 with a sales area of 10,000 to 15,000 m². The resu ...

KPMG moves into THE SQUAIRE (DE)

On May 30, 2011, the auditing firm KPMG moved into THE SQUAIRE with around 2,150 employees. With a total rental space of about 140,000 m², THE SQUAIRE is one of the largest commercial buildings anywh ...

IMMOFINANZ Group sells office and retail property in Simmering (AT/DE)

IMMOFINANZ Group has sold the office and retail property located at Simmeringer Hauptstrasse 47-49 in the 11th district of Vienna to HIH Global Invest GmbH for €29.2 million."The three major revenue- ...

IVG presents sustainability report (DE)

To enhance its responsibility to the environment and society, IVG Immobilien AG has now presented its first sustainability report. In future, it will report annually on its goals, measures, activities ...

Echo Investment sells shopping center in Belchatów (PL)

Echo Investment Group has sold its ECHO Shopping Centre built in 2000 in Belchatów. The new owner of the facility is a subsidiary of Vousoka Ltd with its registered office in Nicosia (Cyprus).The let ...

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