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Newsec takes over management of €145 million property portfolio in the Baltics

A Norwegian group of investment funds has signed a real estate portfolio management contract with Newsec, which manages commercial properties throughout the Nordic and Baltic region. The total value o ...

Citycon's shopping center acquisition in Tallinn finalized (FI/EE)

On March 17, 2011, Citycon announced the signing of an agreement to acquire Kristiine shopping center in Tallinn, Estonia for €105 million. Closing and payment of such transaction took place yesterda ...

Cushman & Wakefield: Activity up on Q1 2010 and a busy year is in store (EU)

European commercial property investment activity hit

IVG Institutional Funds acquires BTC Office Center in Warsaw (DE/PL)

IVG Institutional Funds GmbH, Frankfurt, has acquired the BTC Office Center in Warsaw for one of its special funds. The parties have agreed not to disclose the purchase price. ...

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 ...

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