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ACRON launches new fund and acquires Rossfeld Centre in Sierre (CH)

ACRON is launching a diversified real estate fund. The first property acquired by the fund is Rossfeld Centre shopping center in Sierre (Canton Valais) for a purchase price of CHF 25.8 million (approx ...

CBRE: 17 international brands have announced their plans to enter Russian market in 2014 (RU)

CBRE, global real estate advisor, summarized 2013 year–end results. The key feature of the Moscow retail market in 2013 was decreasing consumer activity in the end of the year. Worsened expectations ...

Ellandi acquires Lathe Investments to create £300 million portfolio (UK)

Ellandi has agreed to acquire competitor Lathe Investments that will result in a combined portfolio under management of nearly £300 million, comprising 11 value-oriented and convenience schemes. L ...

CBRE Global Investors sells Shopping Center 17 in Vienna (AT)

CBRE Global Investors has sold the Shopping Center 17 retail park located in Brunn am Gebirge, Vienna, Austria for ca. €22 million. The buyer of the property was an international private real estate ...

aik acquires retail building in the CBD of Luxembourg (LU)

The real estate investment company “aik Immobilien-Kapitalanlagegesellschaft mbH” invests again in the property market of Luxembourg. For a single-investor real estate fund managed on behalf of a ...

Development securities secures Cross Quarter forward funding (UK)

Development Securities in joint venture with Berkshire Investment Capital, announced that Canada Life has committed £38.1 million (approx. €46.42 million) to forward-fund the first phase of develop ...

Corio sold 10 assets in the Netherlands and 1 in France for €213 million (NL/FR)

In line with its strategy, Corio has sold 10 retail properties in the Netherlands to one buyer and one in France for a total amount of €213 mln in January 2014. The disposals concern small- to mediu ...

Union Investment sells Allee-Center in Remscheid to Deutsche Asset & Wealth Management (DE)

After a 10-year holding period, Union Investment has sold the Allee-Center retail property owned by its open-ended real estate fund UniImmo: Deutschland. The buyer is Deutsche Asset & Wealth Manag ...

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