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CBRE Group acquires PSM Center Management to expand retail real estate capabilities in Switzerland (CH)

CBRE Group, Inc. today announced that it has acquired PSM Center Management AG, a shopping center management, leasing and consulting company in Switzerland. Based in Zurich, PSM manages a portf ...

pbb and Scor provide Apsys with €105 million development financing (FR)

pbb Deutsche Pfandbriefbank and Scor have provided a €105 million development finance facility to Apsys. pbb acted as arranger and agent, initially lending the full €105 million prior to the syndi ...

Valad Europe enters into €500 million joint venture targeting Central European retail real estate (EU)

Valad Europe, the leading independent diversified real estate investment manager, has entered into a joint venture agreement with a new investor to build a portfolio of Central European retail assets ...

KGAL acquires eo shopping center in Austria for institutional fund ARPP (AT)

With the eo Oberwart shopping center, KGAL has acquired another building for its institutional real estate fund Austrian Retail Park Portfolio (ARPP). The shopping center is situated in Burgenland and ...

ECE starts constructions for Aquis Plaza in Aachen (DE)

Aquis Plaza in Aachen celebrates its topping out: Construction workers raised the topping-out wreath on the shell construction of the shopping gallery in Aachen's city center today. The interior const ...

Orchard Street secures Next Outlet to anchor Gretna Gateway Outlet Village, Scotland (UK)

Orchard Street Investment Management, the specialist commercial property investment manager, has completed its first pre-let to Next Outlet at the new 15,000 ft² (1.393 m²) Phase III development of ...

TIAA Henderson Real Estate acquires retail parade in Romford, London (UK)

TIAA Henderson Real Estate (TH Real Estate) has acquired Market Place - a well let retail parade in Romford, Greater London, for approx. £12.3 million (approx. €15.5 million), representing a net in ...

ECE raises more than €500 million in the first close for new Shopping Center Fund (EU)

ECE European Prime Shopping Center Fund II has had a strong start: The first closing in excess of €500 million has taken place. Investors include, alongside the Otto family and ECE employees, a numb ...

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