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Cornerstone acquires Madrid prime retail asset for €21.6m (ES)
Madrid skyline thumbnail | Greg Block

Cornerstone Real Estate Advisers Europe (“Cornerstone”), a subsidiary of Cornerstone Real Estate Advisers LLC, one of the largest global real estate focused investment managers, announces ...

Hammerson sells Northumberland shopping centre for €93m (GB)
Sale stockphoto thumbnail

Hammerson plc ("Hammerson") has exchanged contracts for the sale of Manor Walks Shopping Centre, Cramlington ("Manor Walks") in Northumberland to Arch Commercial Enterprise Ltd for €93m ...

Starwood Capital and Vencom to sell retail assets for €327m (SE)
Stock centre stockphoto thumbnail

Starwood Capital Group, a leading global private investment firm, and Vencom, through separately controlled affiliates, announced today an agreement to sell six retail parks and shopping gallerias in ...

CBRE report expects six new Moscow shopping centres by end of 2016 (RU)
Shopping centre stock thumbnail

CBRE, global real estate advisor, summarizes H1 2016 results of the Moscow Retail market. According to the report, on the back of new shopping centres completions, average vacancy rate is to increase ...

Oxford Street to be car-free by 2020 (GB)
Oxford Street Photo Thumbnail | Matti Mattila

In a bid to tackle air pollution and pedestrian safety, London mayor Sadiq Khan has announced plans to completely pedestrianise the popular shopping destination, Oxford Street, by the year ...

Dutch Pensions make impact investment in Amsterdam’s “Red Light District” (NL)
Red Light District Photo Thumbnail | Rungbachduong

Amsterdam’s efforts to regenerate the oldest part of the city centre that includes the “Red Light District,” an area known for its sex and drugs trade, have received a €60m ...

Vacancy rate in Moscow shopping centres remained at 8% in Q2 2016 (RU)
moscow

According to JLL estimates, 180,000m² of quality shopping centre space was completed in Moscow in Q2 2016, comprising Riviera SC (100,000m²) and Riga Mall (80,000m²). Still, total ...

UK & European Investments acquires Debenhams in Stratford-upon-Avon (GB)
Stratford-upon-Avon Picture Thumbnail | Firipu

UK & European Investments (“UK & European”) has acquired the Debenhams department store in Stratford-upon-Avon for €15.1 (£12.6m), reflecting a sub 6% yield. The deal ...

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