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Alfa shopping center goes to DB Real Estate (PL)

The Tricity developer, JWK Invest, is finalizing negotiations with Deutsche Bank Real Estate over terms for the sale of its Gdańsk shopping center, Alfa Centrum.The complex has a total of 15, ...

Multi Turkmall sells 65,000 sq.m urban shopping center in seaside town of Mersin to DIFA (TR)

Multi Turkmall and DIFA Deutsche Immobilien Fonds AG have entered into an agreement for the development and sale of a 65,000 sq.m shopping center in the south-eastern Turkish city of Mersin, the third ...

First investment by Sparinvest Property Fund (DK)

Sparinvest Property Fund, Sparinvests new global fund of funds, has invested DKK 280 million (£25 million) in the property fund the Mall through a secondary trade. The Mall is co-managed by M ...

Thomas Wernink elected Citycon's new Chairman of the Board of Directors (FI)

Mr Thomas Wernink was elected Chairman and Mr Tuomo Lähdesmäki Deputy Chairman of Citycon's Board of Directors in the Board meeting held after the Annual General Meeting that took place yesterday.Th ...

Sal. Oppenheim Group acquires share in Financière Atlas (DE/FR)

Via a Luxembourg subsidiary, the Cologne based private bank Sal. Oppenheim jr. & Cie. KGaA, is set to acquire an additional stake of approximately 10 percent in the French asset management company ...

Top Turkish tie-up for Savills (UK/TR)

Property adviser Savills has extended its international network by forming an association with Kuzey Bati, one of Turkeys top six property advisers. The association with the Istanbul-based practice wi ...

ProLogis to build major new industrial park outside Paris (FR)

ProLogis (NYSE: PLD) has announced that it plans to build a major new industrial park next to Charles De Gaulle Airport outside Paris. The new park will comprise five distribution centers and more tha ...

NCC to build shopping center in Arendal, Norway, for SEK 154 million (NO)

NCC Construction AS in Norway is to continue the expansion of central Arendal. The company has concluded a contract with Sanden AS regarding the implementation of the second phase of construction of t ...

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