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ING Real Estate acquires URBIS, a mixed-use property in Ghent (BE)

ING Real Estate has acquired the mixed-use property URBIS in Ghent, Belgium from Groep Maes and Strukton Groep. The purchase price was approximately €53 mln. URBIS will be added to the portfo ...

Hammerson acquires interest in Queensgate Shopping Centre, Peterborough (UK)

Hammerson plc has acquired a 50% interest in the freehold of Queensgate Shopping Centre in Peterborough from Norwich Union Life & Pensions for a total consideration of £156 million. Const ...

Beni Stabili signs preliminary agreement for sale of San Clemente Island (IT)

Beni Stabili has signed a preliminary agreement for the sale of 100% of San Clemente Resort srl to Touring Hotel International. The sale, at a price of around €82m, is to be carried out at b ...

Kungsleden sells retail properties in Karlstad (SE/DK)

Swedish property company Kungsleden sells four retail properties in Karlstad. The sales price amounts to 450 MSEK (approx. €50m) generating a profit of 25 MSEK. The yield based on the sales ...

Substantial yield differences remain across Europe, IPD shows (UK)

Substantial variations in the pricing of investment property remained across Europe at the end of 2004 despite a benign environment of low inflation and low interest rates, a study by IPD shows. The r ...

Złote Tarasy wins twice in Cannes (PL)

Złote Tarasy has been awarded the 'Best of Show' and 'Best Large Retail development Scheme' at the Plaza Retail Future Projects Awards Gala held at Cannes on November 16th during the MAPIC co ...

HSH Nordbank releases study on German REITs projects market capitalization of €30-60 bn in 2010 (DE)

HSH Nordbank AG has released a study on the market prospects of German Real Estate Investment Trusts (REITs). For the first time, a forecast has been issued on the market potential from an investor's ...

MAPIC Awards winners 2005 announced (FR)

The MAPIC Awards Ceremony took place on Thursday 17 November followed by the MAPIC Awards Cocktail Party at the Martinez Hotel. From the 26 short listed retailers, the jury has selected 6 retailers fo ...

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