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Sonae Sierra distinguished with three awards (PT)

Sonae Sierra, the international shopping center specialist, has just earned three distinctions at the National Real Estate Awards 2011: the 'Real Estate Oscar' in the retail developments category for ...

VastNed Retail welcomes Zara to Turkey's busiest street (NL/TR)

Pan-European retail property fund VastNed Retail welcomes Spanish fashion giant Zara at 161 Istiklal Caddesi, Istanbul. The parties have signed a 15-year lease.The property acquired from Yapi Kredi Ba ...

Deutsche EuroShop: Investments pay off (DE)

At its annual earnings press conference in Hamburg on Friday April 29, 2011, the shopping center investor Deutsche EuroShop AG announced the final figures from the past financial year. Once again, it ...

Sponda to increase its holding in the Zeppelin Shopping Center (FI)

Sponda has purchased Arif I Ky's (Amplion Asset Management Oy's) holding in the Zeppelin Shopping Center, located in Kempele, for the price of €7.8 million. The deal increases Sponda's holding in the ...

HOCHTIEF Projektentwicklung sells TriCon office building in Oberursel (DE)

HOCHTIEF Projektentwicklung has sold the TriCon office building in Oberursel to the Hamburg investment company, Wölbern Invest. It was agreed that no details of the purchase price would be disclosed. ...

Leading American fashion brand GAP enters Ukrainian market (UA)

Leading American fashion brand Gap will open their first flagship store in Kiev in June 2011. Located at 50 St. Khreschatyk, Gap will occupy three levels of the property with floor space totaling 1,20 ...

Hines and Ballymore Group to jointly develop Two Snowhill in Birmingham (UK)

Hines and Ballymore Group have announced an agreement to jointly develop Two Snowhill, a 14-story office building in Birmingham. Hines' European Development Fund II acquired the site and will fund the ...

IPD: Irish returns avoid negative territory, just, in Q1 2011 (IE)

Irish commercial property total return has avoided negative territory for the first time since Q1 2010, posting 0.0% in the first quarter of 2011, according to the SCSI/IPD Ireland Quarterly Property ...

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