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Plaza Centers heads to Bulgaria (BG)

Plaza Centers has made its first foray into Bulgaria with a €38 mln. retail development.The listed European shopping center investor has bought a shopping and entertainment development in Shumen, the ...

3i considers taking interest in TCN (NL/UK)

The British investment company 3i is in negotations with TCN Property Projects about a participation with the Dutch developer. Rudy Stroink, CEO of TCN, expects that an agreement will be signed before ...

UAE applauds latest environmental initiatives (UAE)

Japanese experts present energy-saving Cool City as solution for escalating carbon footprint and model for the global environment.The United Arab Emirates is driving initiatives to minimize the negati ...

GE buys £2 bln. (approx. €2.6 bln) of property loans (UK)

GE Real Estate has defied uncertainty in the property and financial markets and bought a £2 bln. (approx. €2.6 bln.) portfolio of UK commercial property loans from Bradford & Bingley.The portfol ...

PRUPIM acquires long leasehold interest in Woluwé Atrium in Brussels (BE)

PRUPIM has entered into a leasehold agreement for the building in Woluwé Atrium in Brussels' Souverain-Woluwé sub-market for a net price of around €39 mln., reflecting a yield of approximately 5.7% ...

TK Development announces unique multifunctional project in Poland (PL/DK)

During MAPIC, TK Development has presented the plans for a unique mixed-use project in the center of Gdansk - Stocznia. Stocznia will be the largest mixed-use complex not only in Gdañsk, but also in ...

Bank of Scotland to fund Sheffield scheme (UK)

Bank of Scotland Corporate has signed an £18 mln. (approx. €23.4 mln.) deal with CTP St James – a joint venture between St James Securities Holdings and CTP Property Holdings – to fund the develop ...

Opportunity knocks in India, says Trump (IN)

Donald Trump Jr. urges developers to think 'location, location, brand' at Mumbai launch of world's biggest B2B real estate brand.Donald Trump Jr., Executive Vice President of Development and Acquisiti ...

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