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Union Investment acquires new Kröpcke Centre in Hanover (DE)

Union Investment Real Estate GmbH has acquired the Kröpcke Centre retail property, located in the heart of Hanover's city center on the main shopping street, for its open-ended real estate fund Unilm ...

Six Inditex brands to open in Multi Development's Forum Lviv (UA)

Multi Development Ukraine and Inditex recently signed a lease agreement for the lease of six brands, covering approximately 5,000 m² in Forum Lviv, Lviv (Ukraine). The six brands consist of Zara, Ber ...

CBRE Global Investors sells property portfolio in Sweden to Sveafastigheter Fund III for €46 million (SE)

CBRE Global Investors has sold on behalf of the Nordic Property Fund a supermarket portfolio consisting of 32 assets in Sweden for approximately €46 million. The ca. 49 000 m² portfolio is let to c ...

Kennedy Wilson and Varde purchase portfolio of eight UK shopping centers for £250 million (UK)

International real estate investment and services firm Kennedy Wilson and Varde have acquired a portfolio of eight shopping centers out of administration for £250 million (approx. €297.17 million). ...

Vastned sells stake in Het Rond shopping center to Altera Vastgoed (NL)

Vastned, the listed European retail property fund focusing on venues for premium shopping, has sold its 50% stake in shopping center Het Rond in Houten to co-owner Altera Vastgoed. Taco de Groot, V ...

Hermes makes major French sale-and-leaseback deal (FR)

Hermes Real Estate Investment Management Limited (HREIML) has acquired a 75% interest in a diversified sale and leaseback portfolio of French wholesale stores from METRO Cash and Carry France (MCCF) a ...

British Land acquires 50% stake in SouthGate, Bath for £101 million (UK)

British Land is pleased to announce that it has entered into an agreement to purchase 50% of SouthGate in Bath from Multi Southgate (LP) Limited for £101 million. The remaining 50% is owned by Aviva ...

Fonciere des Regions sells its Altera stake to Crédit Agricole for €115 million (FR)

Fonciere des Regions, a French property company reported yesterday that it has sold the 7.65% interest that it owned in Altarea Cogedim, a French retail retail property developer and owner, to Crédit ...

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