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London prime shopping rents soar 9% (UK)
|© Garry Knight

Rents for prime central London shops boomed by 9% in the final quarter of 2015, the fastest growth experienced in sector since 1988. Meanwhile, rents for high street shops in central London increased ...

Queensberry Real Estate and Bywater Properties acquire Metquarter, Liverpool (UK)
metquarter image thumb

Queensberry Real Estate and Bywater Properties have acquired Metquarter Shopping Centre in Liverpool in their second joint acquisition. The centre comprises 129,102ft² (11993m²) of retail ...

Allianz Real Estate acquires part of Fischapark shopping centre (AT)
fischapark exterior image thumb

Allianz has acquired a 49.5% share in the Fischapark shopping centre in Wiener Neustadet from SES Spar European Shopping Centers GmbH, they hold the remaining 50.5% share and is responsible for ...

Hines acquires prime retail asset in Madrid for €39.5m (ES)
barcelona

Hines has acquired a prime retail asset in Madrid from Spanish real estate company Grupo Baraka for €39.5m.   The Gran Via 44 property comprises 900m² and is located on Gran Via, ...

Hammerson to acquire Grand Central, Birmingham, for €441m (UK)
grand central

Hammerson plc (Hammerson) has exchanged contracts with Birmingham City Council to acquire the new Grand Central shopping centre in Birmingham for £335m (€441m). Hammerson is in advanced ...

Ireland’s largest shopping centre to come to market in excess of €1 billion(IE)
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Green Property Group are to sell Blanchardstown Centre, Ireland’s largest shopping and leisure destination.  The asset will be formally released to the market by joint agents, JLL and ...

Vacancy rates in Moscow shopping centres grow as retail sales decline (RU)
shopping centre image

According to JLL, vacancy rates on the Moscow retail market has reached 8.3%, increasing by .8 pp. in Q4 2015 and by 2.3 pp. year-on-year respectively. The availability has increased due to high ...

Kaufhaus des Westens to be renovated by OMA (DE)
oma model image thumb

OMA has been selected to renovate the historic Berlin department store Kaufhaus des Westens (KaDeWe). The department is the largest in continental Europe, first opened in 1907, the building has ...

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