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Citycon opens third phase of Rocca Al Mare, Estonia's largest shopping center (EE)

Citycon Oyj is opening the third phase of the Rocca Al Mare shopping center located in Tallinn. The opening will mark the completion of the shopping center's three-year refurbishment and extension pro ...

Heijmans on track: Results improved; balance sheet strengthened (NL)

Rob van Gelder, Chairman of the Heijmans Executive Board: "We are well on track; the downsizing is proceeding more rapidly than planned and we make progress on the reduction of debt. The company is pr ...

Schroder Property Investment Management Italy sells logistics center to Pramerica Real Investors (IT)

Schroder Property Investment Management Italy (on behalf of Schroder Italy Fund N1) has sold a 32,000-m² logistic center located in Basiano near Milan, fully let to a primary international tenant, to ...

Window of opportunity for conservatively-leveraged UK investors says leading property funding expert (UK)

Liquidity will return to the marketplace in the UK faster than other European markets and now is the time to buy ahead of significant yield compression according to David Birchenall, Chief Executive o ...

Allee retail center in Budapest has opened, fully let (HU)

ING Real Estate Development is pleased to announce the opening of Allee, a 47,000-m² retail center in Budapest's fast growing 11th district. The new retail center is part of a mixed-use scheme which ...

69% of all civil projects in UAE still active (UAE)

Latest Proleads study reveals UAE civil building construction market has 1,845 projects ongoing worth US $657 billion. The latest research undertaken by Dubai-based research and analysis think tank P ...

CB Richard Ellis Investors announces freehold purchase of Lidl food store in Pinner (UK)

CB Richard Ellis Investors, the global real estate investment management firm, announced today the purchase of a Lidl Food Store, Bridge Street, Pinner, London for £7.07 million (approx. €7.8 mln.)T ...

Great Portland enters West End development arrangement (UK)

Great Portland Estates plc has announced the acquisition of two West End developments and the formation of a profit share and debt structuring arrangement with Eurohypo to develop the properties. GPE ...

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    pbb provides €86m to Ares Real Estate for Italian logistics portfolio play
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