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Cordea Savills European Commercial Fund buys shopping center in Nordmeile, Berlin (DE)

Cordea Savills European Commercial Fund has acquired the district shopping center of Nordmeile in Berlin – Reinickendorf, from the Royal Bank of Scotland. The purchase price was ca. €41 million. ...

Kungsleden and GE sign SEK 5.5 billion property acquisition (SE)

Listed Swedish property company Kungsleden AB (publ) has signed a binding agreement with GE Capital Real Estate on acquiring the portfolio of 84 commercial properties, in line with the memorandum of u ...

Banimmo partners with McArthurGlen on €180 million scheme in Ghent (BE)

Banimmo, a Belgian real estate company active in built-to-suit developments and redeveloping obsolete buildings in its three geographical markets of Belgium, France and Luxembourg, is proud to announc ...

CBRE appointed to sell the Royal Exchange in the City of London (UK)

IBRC Assurance Company is selling its long leasehold in the Royal Exchange, and looking for offers in excess of £75 million (approx. €88.68 million) reflecting a NIY of 4.90%. The luxury shopp ...

British Land sells its stake in Puerto Venecia, Zaragoza, Spain for €144.5 million (UK/ES)

British Land announces it has sold its 50% interest in Puerto Venecia Shopping Centre and Retail Park in Zaragoza, Spain, to Orion European Real Estate III C.V. (a fund managed by Orion Capital Manage ...

Redefine agrees debt restructuring with Aviva and exchanges contracts for Weston Favell Shopping Centre (UK)

In a significant transaction, Redefine International, the diversified income focused property company, announced that it has agreed revised arrangements with Aviva Commercial Finance Limited with resp ...

Promenada shopping center opens for the public (RO)

Promenada shopping center, developed by Raiffeisen Evolution, opened for the public today at 10 AM. The center, situated at the intersection of Calea Floreasca, Soseaua Pipera and Bulevardul Vacarescu ...

Notos to open in new Sofia Ring Mall next year (BG)

The largest Greek department store chain NOTOS will enter Bulgaria with the opening of the new Sofia Ring Mall. This was announced officially at a special event organized by the mall’s management on ...

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