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ICSC announced MAXI Awards (EUR)

Nine shopping centers throughout Europe were recognized for marketing excellence by the 38th annual MAXI Awards program of the International Council of Shopping Centers, Inc. (ICSC). All MAXI awards w ...

Multi opens phase 1 of biggest inner city retail development in Germany Boulevard Berlin (DE)

The first phase of 76,000 m² GLA, opened April 1 in the middle of the Schlossstrasse, one of the most important shopping streets in Berlin.The sole tenant of the first phase, with about 24,000 m² g ...

German property returns reveal minor correction in values, says IPD (DE)

IPD has published the IPD Germany Annual Property Index for 2008. According to the index, investment in German commercial real estate returned a total return of 3.5% in 2008, just one percentage point ...

ECE hands over the completed puppet theater building to the City of Szczecin (PL)

On April 1, ECE officially handed over the new, completed building for the 'Pleciuga' Puppet Theater to the mayors of Szczecin and the theater management. ...

Investment activity in Czech Republic at its lowest level since 2002 (CZ)

In Q1 2009 there have only been two major real estate transactions in the Czech Republic – the purchase of Jungmannova Plaza office centre by DEKA and Hotel Atom in Ostrava by CPI – with a total inv ...

Topping-out ceremony at Ozas Gallery, Vilnius (LT)

The topping-out of the Ozas shopping and entertainment center, to be opened on August 20, 2009, has been celebrated yesterday (April 2). Built to become the preferred fashion shopping destination in t ...

Spanish property returns fell negative over 2008, says IPD (ES)

Investment in Spanish commercial real estate returned -2.8% over 2008, according to the IPD Spain Annual Property Index. The figures are the first negative returns in the index's eight year history as ...

Union Investment invests in Italy (IT/DE)

Hamburg-based Union Investment Real Estate AG has acquired the Monza shopping center in Italy for its UniImmo: Deutschland open-ended real estate fund. Union Investment purchased the property from Imm ...

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