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Development Securities sells portfolio of investment assets for £21.0 million (UK)

Development Securities today announced that it has completed the sale to Kames Capital of a portfolio of four investment assets at book value for £21.0 million (approx. €25.57 million), a yield of ...

Allianz Real Estate purchases the Kö-Galerie in Düsseldorf (DE)

Allianz Real Estate purchased the "Kö-Galerie" on Königsallee, Düsseldorf's famous luxury shop-ping mile, for approximately €300 million. The sellers are funds managed by Blackstone and the Hambu ...

Carrefour launches Carmila and acquires 126 sites from Klépierre for €2.0 bln (FR)

Carrefour and its co-investment partners announce today the creation of CARMILA, a company dedicated to enhancing the value of the shopping centers adjacent to Carrefour hypermarkets in France, Spain ...

Orchard Street acquires Sainsbury’s supermarket in Surrey (UK)

Orchard Street Investment Management, the specialist commercial property investment manager, has completed the acquisition of a Sainsbury’s supermarket on Stafford Road, Wallington, Surrey, on behal ...

The Obel development in Belfast has been sold (UK)

The sale of Belfast’s The Obel development, which contains Ireland’s tallest building, has completed one month after it was launched to the market. International real estate adviser Savills and la ...

Orion European Real Estate Fund IV buys Domus Shopping Center on the outskirts of Paris (FR)

Orion European Real Estate Fund IV sponsored by Orion Capital Managers LLP has bought the 62,874 m² Domus Shopping Center at Rosny-sous-Bois on the eastern outskirts of Paris, France, from KP Investm ...

World Retail Expo - WRC

The World Retail Expo provides a dual platform of dedicated content and a showcase of the most pioneering technology, solutions and products to inspire and engage retailers as they define their future ...

Skanska sells commercial property in Stockholm for SEK 104 mln (SE)

Skanska anounced that it sold a commercial property in Sundbyberg, Stockholm, Sweden, for SEK 104 mln (approx. €11.5 million). The transaction will be recorded in the first quarter of 2014. Buyer is ...

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