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Valad Europe acquires German shopping center for Valad European Diversified Fund (DE)

Valad Europe, the leading independent diversified real estate investment manager, has acquired a 6,297 m² shopping center at Wilhelm-Dichmann-Straße 2-4, in Kelkheim, Germany. The purchase was made ...

Union Investment modernizes RiemArcaden in Munich (DE)

To mark the tenth anniversary of its RiemArcaden shopping center in Munich, Union Investment is renewing its commitment. Opened on 10 March 2004 and comprising 50,000 m² of retail space with over 120 ...

Heijmans/Oevermann to construct shopping center in Dorsten (DE)

Oevermann, a subsidiary of the Heijmans Group operating in Germany, has acquired the contract for the construction of a shopping center, including a parking garage, in Dorsten. The contract value amou ...

M&G sweeps Sainsbury’s supermarket out of portfolio (UK)

M&G Investments, a leading international investment manager, has sold the Sainsbury’s supermarket store in Worcester to the BP Pension Scheme, for £27.25 mln (approx. €32.92 million), represe ...

NEINVER takes over 100% of its joint venture with MAB, reinforcing its European outlet strategy (DE)

NEINVER, the second-largest operator of outlet centers in Europe, has reached an agreement with MAB Development, a subsidiary of Rabo Real Estate Group, to acquire one hundred percent of the joint ven ...

CBRE: Global shopping center development rises to 39 million m²

A total of 39 million square meters of shopping center space is currently under construction across the world’s major cities, representing a three million m² increase from 2013, according to the la ...

European shopping centre footfall up says new ICSC survey (EU)

Shopping centre footfall is rising, according to the ICSC Shopping Centre Footfall Survey survey carried out by The International Council of Shopping Centers (ICSC). The survey, which included 336 ...

French fashion label IRO arrives in London (FR/UK)

Cushman & Wakefield has advised premium French fashion brand IRO on its first UK store at Brompton Cross in west London.  When the 1,500 ft² store opens this summer, IRO will join other hig ...

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