CBRE Global Investors acquires dominant shopping center for €153 million in Spain (ES)

CBRE Global Investors has completed the acquisition of El Boulevard Shopping Centre in Vitoria, Spain. The superregional dominant shopping center has been purchased for €153 million. The asset has b ...

British Land takes Drake Circus, Plymouth to the Next Stage with €51 million leisure development (UK)

British Land announces that it has signed an agreement with Plymouth City Council to develop Drake Circus Leisure, a circa 100,000 ft² (9.290 m²) leisure scheme next to its 570,000 ft² (52.954 m²) ...

World Retail Congress: China switches from the world’s factory to consumer superpower, but rise of middle class shopper is both an opportunity and a threat

Global retailers face seismic changes as China’s rising middle classes flex their new found spending power. Spiraling wages will transform the country from the ‘world’s factory’ to the ...

MITISKA REIM acquires retail park in Serbia (RS)

MITISKA REIM, a Brussels-based real estate investment management company, has acquired an 85% interest in the retail park Capitol Park Šabac in Serbia. MITISKA REIM made this investment on behalf of ...

INTERNOS leases out 1,700 m² in "Depot Sachsenhausen" in Frankfurt (DE)

The Internos Global Investors Group has leased around 1,700 m² of space in "Depot Sachsenhausen" in Frankfurt (Textorstraße 33-35, Hedderichstraße 34-36, Bruchstraße 16-18) to Pure Training GmbH. ...

Unibail-Rodamco SE agrees with Carmila to sell a €931 million shopping center portfolio in France (FR)

Pursuant to the announcement made on July 30, 2014, and after consultation by the Group and Carmila of their respective work-councils, Unibail-Rodamco announces that it has signed a definitive agreeme ...

Vastned concludes long-term loan with AXA Real Estate, increasing the non-bank financing to over €300 mln (NL)

Vastned, the listed European retail property company focusing on venues for premium shopping, has placed a €75 million long-term loan with AXA Real Estate Investment Managers SGP acting on behalf of ...

Hammerson to acquire Highcross and launch new European outlet venture for €357 mln (UK)

Hammerson has exchanged contracts to acquire the remaining 40% of Highcross, securing 100% ownership of Leicester’s major shopping center and committed capital to a new outlet center venture with it ...