Steen & Strøm sells two shopping centres for €235m (FR)

Klépierre today announces that Steen & Strøm, its 56.1%-controlled subsidiary, has completed the sale of its stakes in two shopping centers: 49.9% of Åsane Storsenter in ...

Colliers International and Stockmann Group on the possible sale of Nevsky Centre (RU)

Colliers International has been instructed by Stockmann Group as exclusive advisor to investigate a possible disposal of the freehold interest in Nevsky Center located in the heart of Saint ...

CBRE Global Investors acquires Mongolfiera for €61.8m (IT)

CBRE Global Investors, on behalf of a pan European retail strategy, announces the acquisition of Mongolfiera, Lecce, Italy for €61.8m. The vendor was Schroders.   The shopping centre was ...

Arch acquires Westmorland Retail Park for €40.4m (GB)

Hammerson plc ("Hammerson") has exchanged contracts for the sale of Westmorland Retail Park, Cramlington in Northumberland to Arch Commercial Enterprise Ltd ("Arch") for €40.4m (£36m). ...

Union Investment acquires two office properties (DE)

Union Investment is expanding its portfolio in the Überseestadt district of Bremen. The Hamburg-based real estate investment manager has acquired two adjacent properties, WQ 1 and Haus am Fluss, ...

H&M and Mango at the Mall of Switzerland (CH)

In autumn 2017 H&M and Mango will open a store in the Mall of Switzerland. The Swedish textile company and the Spanish fashion retailer are two of the Mall’s anchor tenants in the fashion ...

Cromwell launches €2bn European property fund (AU)

Global real estate investment manager, Cromwell Property Group (Cromwell) today announced the launch of the Cromwell European Cities Income Fund (CECIF) after securing commitments from institutional ...

Catella Investment Management completes four property acquisitions (ES)

Catella Investment Management has closed its first four acquisitions in Spain at a value of €84m. The transactions were done on behalf of Belgian developer and investor Mitiska and the ...

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