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British Land sells two retail parks for approx. €42 million (UK)

British Land has exchanged contracts to sell two retail parks to Invista Fund Management for a total consideration of approximately €42 million (£30.3 million). The parks are Queens ...

Europa Immobiliare No.1 completes first acquisition in the Netherlands (NL)

Cordea Savills, on behalf of Europa Immobiliare No.1, an Italian-domiciled property fund for private investors, has completed its first acquisition in the Netherlands, buying the office headquarters o ...

Deutsche EuroShop purchases shopping center in Passau, Bavaria (DE)

Deutsche EuroShop has acquired a 75% interest in the Stadt-Galerie Passau in Bavaria. The proportional investment volume amounts to around €95 million. Investment partner is the ECE Group, wh ...

Citycon to acquire Tumba Centrum shopping center nearby Stockholm (SE/FI)

Citycon has signed an agreement to buy all Tumba Centrumfastighets AB shares from Doughty Hanson & Co for approximately €60.8 million (SEK 550 million). The company owns Tumba Centrum, a ...

Capital & Regional announces that X-Leisure Fund sells Star City in Birmingham (UK)

Capital & Regional plc, the co-investing property asset manager, has announced that the X-Leisure Fund, the largest owner of leisure real estate in the UK, has exchanged contracts unconditionally ...

Slough Estates announces Board appointments (UK)

Slough Estates International has announced the appointment of Lesley MacDonagh, currently a Director at Lovells, one of the largest business law firms, as a Non-Executive Director on the Board of Slou ...

UAE construction costs driven upwards by major increase in material prices (UAE)

Construction costs in Dubai rose by more than 28% in the first eight months of the year due to a 32% increase in material prices, according to the new 'UAE Construction Cost Bulletin', published by in ...

Aareal Asset Management Italy completes re-launch plan of shopping center Il Giulia in Trieste (IT)

Aareal Asset Management Italy (AAM) completes the re-launch plan of downtown shopping center 'Il Giulia' in Trieste, Italy. Built in 1992 il Giulia was the first shopping center in town. The property, ...

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