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Meyer Bergman acquires iconic Karstadt department store in Berlin (DE)

Meyer Bergman has acquired the iconic Karstadt department store at Berlin’s Hermannplatz from the investment consortium Highstreet Holding. Financial terms of the transaction are not being disclosed ...

Guerlain’s boutique on the Champs-Elysées reopens after major renovations (FR)

Guerlain’s iconic boutique at 68 Champs-Elysées has reopened after more than a year of work. Take a guided tour of a mythic address on the world’s most beautiful avenue… Since its founding i ...

Icade to construct 15,000 m² mixed-use building for AG2R La Mondiale in Paris (FR)

Icade has signed a real-estate development contract with the AG2R LA MONDIALE Group to construct a building containing 15,000 m² of offices and 990 m² of shops on plot T6C in the Paris Rive Gauche Z ...

Schroder UK Property Fund completes £61 million of acquisitions (UK)

Schroder UK Property Fund (SPF) is today announcing the completion of two key properties from vendor Corbo Properties in an off market transaction. SPF has purchased Lemon Quay in Truro, Cornwall ...

Allianz Real Estate acquires first US retail property (DE/US)

Allianz Real Estate has acquired a majority ownership stake in 484-490 Fulton Street, a retail property located in Brooklyn, New York, in joint venture with the Crown Acquisitions Inc. Crown and an in ...

Mind your own Business: Retail Space Europe 2014 talks retail psychology

What makes shopping malls attractive? Some customers would reply that it’s the quality of the goods, others would highlight tempting, limited discounts and then there are some who just feel like spe ...

St. Modwen secures 150,000 ft² Marks & Spencer store to anchor second phase of Longbridge Regeneration (UK)

St. Modwen Properties PLC has pre-let a 150,000 ft² (approx. 13,935 m²) full offer store to Marks & Spencer on a 45-year lease. The letting will be located at the heart of the Company’s major ...

Leasinvest Real Estate acquires 12,000 m² retail property in Luxembourg (LU)

On December 2, 2013 Leasinvest Real Estate, via its 100% subsidiary Leasinvest Immo Lux, acquired 100% of the shares of a Company owning a retail building of more than 12,000 m² with 475 parking spac ...

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