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CBRE and Palmer Capital JV disposes of Leeds retail asset (GB)
CBRE and Palmer Capital JV disposes of Leeds retail asset (GB)

Palmer Capital Development Fund III – a joint venture between CBRE Global Investment Partners (GIP) and Palmer Capital has completed the sale of an asset within The Penny Hill district shopping ...

Kai Aejmelaeus joins Sponda as a new CEO (FI)
Kai Aejmelaeus joins Sponda as a new CEO (FI)

Kai Aejmelaeus has been appointed President and Chief Executive Officer of Sponda, a real estate company with a prime office and retail portfolio in Finland. Sponda is owned by real estate funds ...

StadtGalerie Witten announces the second phase of redevelopment (DE)
Stadt Galerie Witten announces the second phase of redevelopment (DE)

The planned redevelopment program for the 24,000 m² inner city StadtGalerie Witten shopping centre in North Rhine-Westphalia, has now passed its most significant milestone, with confirmation ...

British Land acquires Woolwich Estate for €116.8m (GB)
British Land acquires Woolwich Estate for €116.8m (GB)

British Land has acquired the Woolwich Estate, covering 4.9 acres in south-east London for a headline price €116.8m (£103m) representing a net initial yield of 4.1%. This acquisition ...

Europa Capital and Addington acquire prime mixed-use property for €22.75m (GB)
Europa Capital and Addington Capital acquire prime mixed-use property for €22.75m (GB)

Europa Capital and Addington Capital have completed the acquisition of One Lampton Road in Hounslow from clients of LaSalle Investment Management for over €22.75m (£20m). The investment is ...

Tenants return to Garden Ring following the summer reconstruction (RU)
Tenants return to Garden Ring, Moscow, following the summer reconstruction (RU)

JLL analysts estimated the vacancy rate in the main Moscow high streets at 9.0% in Q4 2017, 0.6ppt below the level a year earlier. Petrovka Street and the Garden Ring were the leaders in improving ...

Galeries Lafayette to turn 22 French stores into franchises (FR)
Galeries Lafayette to turn 22 French stores into franchises (FR)

Galeries Lafayette has announced its intention to subsidiaries 22 of the department stores in its French network, principally located in small and medium-sized cities, to Financiere Immobiliere ...

MQ builds first modular hotel atop shopping centre (DE)
MQ Real Estate to build the world's first modular hotel on top of Berlin shopping center (DE)

The hotel developer MQ Real Estate will construct the world's first modular hotel on top of a shopping centre in Berlin. For this, a new story containing a hotel will be added to Ring-Center 2 ...

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