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GTC acquires land in Bucharest (PL/RO)

Globe Trade Center (GTC), Poland’s publicly listed property developer, has acquired 12 ha of land in the Romanian capital Bucharest, and has plans for a mixed-use retail, office and residential c ...

Impregilo in talks with creditors and potential investors (IT)

The Italian construction group Impregilo S.p.A. says it is continuing talks with the banks involved in providing it with financing and that it is in contact with potential investors. In both cases, no ...

Klépierre confirms its growth value profile (FR)

The Klépierre Supervisory Board has reviewed the company’s business for the year ended December 31, 2004 and approved the 2004 financial statements as submitted by the Executive Board on Febru ...

Westfield announces acquisition of GPT shopping centers (AU)

The Westfield Group has entered into conditional agreements with General Property Trust for the acquisition of interests in three of GPT’s Australian shopping centers.These agreements have been c ...

House of Fraser to anchor Bristol Broadmead scheme (UK)

The Bristol Alliance, a joint venture between Land Securities Group PLC and Hammerson plc, yesterday announced that House of Fraser will be the new department store to anchor the Broadmead development ...

Poland Europe's leading nation for retail development (PL)

According to research by Cushman & Wakefield Healey & Baker, Poland has more retail space in the pipeline than any other country in Europe, with 1.6 mln m² expected to be delivered in 2005 ...

Pillar and its affiliate sell three retail parks and buy one (UK)

Pillar Property Group plc said its affiliate, the Hercules Trust Unit, has sold its 100% stake in Fosse Park, Leicester for £308m.The retail park, which was bought by Hercules in 2001, has been sol ...

Skanska to develop, build and lease new premises in Flemingsberg (SE)

Skanska will be responsible for a total solution including pre-engineering, construction, operation and maintenance of the new courthouse for the Södertörn District Court in Flemingsberg, south ...

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