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Blackstone and Multi acquire Palmanova Outlet Village and AVM in Italy (IT)

Multi announced the acquisition by Blackstone Real Estate Partners Europe IV of Palmanova Outlet Village, a 22,000 m² high-quality outlet centre located between Trieste and Venice. The village which ...

Benson Elliot expands UK retail portfolio with €48.8 mln purchase of shopping centre (UK)

Benson Elliot has acquired the Vicarage Field Shopping Centre in Barking in an off-market transaction for £35 mln (approx. €48.8 mln). The East London scheme has been acquired from Northern Irish J ...

French shopping centre executive wins scholarships to attend the ICSC Retail Property School

The French Council of Shopping Centers (CNCC) announced the 2015 winner of the “Jeunes Espoirs” Awards today, awarding one promising French shopping centre executive with a scholarship to attend t ...

Hammerson sells Bercy 2 shopping centre in Paris for €64 mln (FR)

Hammerson plc announces that it has exchanged contracts to sell its interest in Bercy 2 shopping centre in Charenton-Le-Pont, Paris, to Tikehau Capital Partners for €64 mln (£47 million), ahead of ...

SES to manage new shopping centre in Croatia’s second largest city (HR)

SES Spar European Shopping Centers will manage the new shopping centre Mall of Split in Croatia’s second largest city, Split, from autumn 2015. The Croatian owner Mejaši prvi d.o.o. commissioned S ...

Serravalle Designer Outlet expands and adds 12,500 m² of retail (IT)

Europe’s largest luxury designer outlet, Serravalle Designer Outlet, near Milan, one of 20 McArthurGlen Designer Outlets across Europe, announced its expansion. Serravalle will expand to open ...

German consumers rarely shop close to home (DE)

Germans have a 2015 retail purchasing power of €5,692 per person. But they do not spend most of this money in the places they live. This is one of the findings of GfK's 2015 study on retail centrali ...

Hines sells Spanish shopping center for €70 mln (ES)

Hines announced that the Hines European Value Added Fund (HEVAF) has sold 100% of the shares of the company holding Zielo Shopping Pozuelo shopping center (“Zielo”) for pricing in excess of €70 ...

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