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JLL: New retail space equivalent to “ninety Westfield London’s” forecast in the next 24 months in Europe

Jones Lang LaSalle reports that 14.1 million m² of new shopping center space across Europe will be completed during 2014 and 2015 – highlighting continued activity in shopping center development in ...

TfL to introduce new pop-up shops across its retail estate (UK)

Transport for London (TfL) customers will soon be able to shop at a variety of new and innovative retailers as TfL announced the appointment of Appear Here, the largest online marketplace for short-te ...

TriGranit Development, Europa Capital and Polish Railways sell Poznan City Center (PL)

Poznan’s success story continues Europa Capital, on behalf of Europa Fund III and together with its joint-venture partners TriGranit Development Corporation (TriGranit) and PKP (Polish State Railway ...

LondonMetric acquires Marks & Spencer distribution warehouse in Sheffield for £32.2 million (UK)

LondonMetric Property Plc has exchanged contracts to acquire the Marks & Spencer (“M&S”) Distribution Centre in Sheffield from clients of CBRE Global Investors for a purchase price of £32 ...

Ahold agrees strategic acquisition in the Czech Republic (CZ)

Ahold is pleased to announce that it has entered into an agreement to acquire SPAR’s business in the Czech Republic for an enterprise value of CZK 5,245 million (approx. €198 million). The acquisi ...

Land Securities sells Overgate, Dundee to L&G for £125.3 million (UK)

Land Securities has exchanged contracts to sell the Overgate centre, Dundee to Legal & General Property for £125.3 million (approx. €150.15 million) Overgate is the dominant retail center in ...

Alexander Otto to be new shareholder of Sonae Sierra Brasil (DE/BR)

Alexander Otto, CEO of European shopping center market leader ECE, expands his business activities to Brazil and will henceforth become shareholder of the shopping center company Sonae Sierra Brasil, ...

ECE opens extended Parc Central in Tarragona (ES)

The extension of Parc Central shopping center in the Spanish city of Tarragona was opened on February 27. Operated and leased by the ECE subsidiary Auxideico, the shopping center has a total rent ...

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