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Deutsche EuroShop purchases shopping center in Gdansk (PL/DE)

Deutsche EuroShop has acquired a 74% interest in the Galeria Baltycka in Gdansk, Poland. The proportional investment volume amounts to around €123 million, with an initial yield of 6.8%. As a ...

Hines and Bell Family to develop mixed-use development in North Carolina (US)

Hines, the international real estate firm, has announced that it has formed a joint venture with the Bell Family of Southern Pines, North Carolina, to develop Pine Needles Village, a 550-plus-acre mas ...

VastNed Offices/Industrial acquires office building in Utrecht for €25.6 million (NL)

VastNed Offices/Industrial has acquired an office building on 650-698 and 700-748 Arthur van Schendelstraat in the center of Utrecht, the Netherlands, for €25.6 million at a net initial yield ...

Simon's Chelsea division opens Round Rock Premium Outlets (US)

Chelsea Property Group, a division of real estate retail developer Simon Property Group, Inc., opened Round Rock Premium Outlets(R) yesterday morning in Round Rock, Texas. Located just 20 minutes nort ...

Homburg Invest Inc. announces corporate reorganization of Senior Management (CA)

Homburg Invest Inc. has announced that with the planned retirement of Ira MacInnis, CA, Vice President Finance and CFO on September 30, 2006, the Board of Directors on August 3, 2006, approved a corpo ...

ICSC launches new European Shopping Centre Sustainability Award (UK)

For the first time, The International Council of Shopping Centers (ICSC) is seeking to reward the most environmentally, socially and economically sustainable shopping center in its 2007 European Shopp ...

IXIS AEW Europe acquires Handelsblatt Headquarters (DE)

The Doughty Hanson & Co European Real Estate Fund I has sold the Handelsblatt Headquarters in Düsseldorf to IXIS AEW Europe. The purchase price amounts over €40 million. IXIS AEW Europe ...

Pandox acquires Radisson SAS Hotel in Malmö (SE)

Pandox acquires the hotel property Radisson SAS Hotel in Malmö, Sweden, from Wihlborgs Fastigheter AB and will take over the business on 1 September 2006. The acquisition price is approximately & ...

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