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Russia dominates shopping center development pipeline with more than 5 million m² under construction

A staggering 1.88 million m² of new shopping center space has been developed across the European market in the first six months of 2014. Shopping center development activity has largely remained conc ...

Sonae Sierra records net profit of €47.8 million and continues international growth in the first half of 2014

Sonae Sierra, the international shopping center specialist, achieved a net profit of €47.8 million in the first half of the year. In addition to this positive result, the first six months of 2014 we ...

Valad acquires Five Ways Leisure Park for £34.68 million (UK)

UK & European Investments, on behalf of Blue Coast Commercial Investments LP, has completed on the sale of Five Ways Leisure Park in Birmingham to the Valad European Diversified Fund ("VEDF"). The ...

WealthCap buys multi-use Munich facility at Arnulfpark (DE)

Munich based WealthCap buys Business Center with mall, event area and Central Bus Station. HOCHTIEF Projektentwicklung has sold Munich’s Business Center with Central Bus Station (ZOB) loc ...

Canada Life Investments in £24 million loan deal with Mayfair Capital’s PITCH Fund (UK)

Canada Life Investments and Mayfair Capital Investment Management announced the completion of a second loan of £24 mln (approx. €30 million) for a seven-year facility to the Property Income Trust f ...

Norges Bank Investment Management invest in a €425.6 million property in Paris (FR)

Norges Bank Investment Management has acquired a 100% interest in "Le Madeleine", a 31,500 m² mixed-use property on Boulevard de la Madeleine in Paris. The agreement was signed 22 May 2014 and ...

Kennedy Wilson Europe Real Estate acquires a €120 million portfolio of Irish assets (IE)

Kennedy Wilson Europe Real Estate plc announced that it has entered into agreements to acquire the Elliott loan portfolio secured by assets in Ireland, and the Marshes Shopping Center in Dundalk, Irel ...

Hines' Pan-European core fund acquires Caleido in Stuttgart, Germany (DE)

Hines, the international real estate firm, announced today that its Pan-European Core Fund (HECF) has aquired Caleido in the CBD of Stuttgart, from Hochtief Projektentwicklung GmbH. The 18, ...

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