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Sovereign Land submits planning application for £200 million Telford Town Centre redevelopment (UK)

Sovereign Land has submitted an outline planning application for a £200 million, five-year strategy to redevelop Telford Town Centre.   The proposals will see the 1 million ft² (approx. 92,900 m ...

JLL: CEE experiences a 38% year-on-year increase in transaction volumes on the commercial real estate market

in the CEE remains varied, we have observed increased investor activity in the region during the first 6 months of 2013, with Poland leading the pack, and the Czech Republic, Hungary and Slovakia sig ...

Union Investment acquires Issy Trois Moulins in Paris for UII Shopping Nr. 1 fund (FR)

Union Investment has concluded its first foreign investment for the new UII Shopping Nr. 1 retail property fund. Built in 1992 in the established service and office location of Issy-les-Moulineaux, th ...

HB Reavis sells Slovakia’s Aupark Zilina shopping center to New Europe property investments plc. (SK)

HB Reavis Group announces the sale of Aupark Zilina, one of Slovakia’s best performing shopping centers, to New Europe Property Investments Plc. (NEPI), a Johannesburg, London and Bucharest Stock Ex ...

TK Development sells retail park project in Vilnius, Lithuania (LT)

TK Development has conditionally sold the Group’s retail park project in Vilnius, Lithuania. The retail park will be situated in an attractive retail development area, with premises totaling about 1 ...

CBRE: European shopping center development grows 50% in 2013 - Turkey, Russia most active markets (EU)

An unprecedented 11.9 million m² of shopping center space is currently under construction in Europe, representing a 50% increase year-on-year (7.2 million m² in 2012), according to the latest resear ...

GPE sells 90 Queen Street, EC4 for £61.0 million (UK)

Great Portland Estates plc announces that it has exchanged contracts to sell 90 Queen Street, EC4 for £61 million (approx. €70.1 million), reflecting a net initial yield of 5.39% and a capital val ...

ACRON acquires Westcenter St. Gallen building complex in Switzerland for €49.4 million (CH)

ACRON, the indirect real estate investment specialist, has acquired the Westcenter St. Gallen retail property. The sales price amounts to approximately CHF 61 million (approx. €49.4 million). The pr ...

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