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Hercules Unit Trust and the Crown Estate join forces in £680-million deal (UK)

The UK's largest specialist retail property unit trust, the Hercules Unit Trust ('HUT' the 'Trust'), and The Crown Estate have formed a £680-million (approx. €940 mln) joint venture ...

GTC begins construction of GALLERIA chain in Romania (RO/PL)

GTC Romania is beginning construction of three shopping centers in medium-sized cities under the common brand GALLERIA. The gross area of the buildings, which are to be completed by the end of this ye ...

ProLogis expands industrial platform in Southern California's Inland Empire (US)

ProLogis (NYSE: PLD), has announced that it has acquired two distribution centers totaling 855,000 ft² in Southern California's Inland Empire. The adjacent facilities are located along Inters ...

NCC sells office project in Västerås, Sweden, for approx. €13 million (SE/NO)

NCC Property Development has concluded an agreement concerning the sale of a development project being built for Domstolsverket (the National Courts Administration) on the Samuel 2 property in Väster ...

Corio intents to formally appoint Jan Haars (NL)

The Supervisory Board of Corio N.V. has the intention to appoint Mr. J.G. (Jan) Haars as Chief Financial Officer and member of the Management Board of Corio after notification to the general meeting o ...

Gecina acquires 90,000-m² logistics real estate portfolio in France (FR)

In connection with a property outsourcing operation, Gecina has just acquired a 90,000-m² logistics real estate portfolio from the Mory Group, one of the French freight forwarding and logisti ...

Skanska secures major office project in London for £50 million (UK/SE)

Skanska has been contracted to rebuild and expand an office building in London. The contract amount is £50 million (approx. €69 mln), which is included in order bookings for the firs ...

Pro-Urba Polska to develop two high-rise buildings on rondo Daszyńskiego in Warsaw (PL/ES)

The Spanish firm Pro-Urba Polska is to develop two high-rise buildings (63 and 126 m) on a site on the rondo Daszyñskiego roundabout in Warsaw that it bought from Bialystok developer Budbaum. In tota ...

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