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Peab to build mall in Stromstad (SE)

Peab has been contracted to build a new mall in central Stromstad. The client is the BT Property Stromstad AB and the contract amounts to SEK 252 million (approx. €29 million). Mall Stromstad will ...

Cheshire East Council gives green light for £90 million revitalization of Macclesfield (UK)

Cheshire East Council has given the go-ahead for a landmark £90 million (approx. €105 million) ‘once-in-a-generation’ scheme to revitalize Macclesfield town center. The Silk Street developme ...

Russian Invest makes its first investment in Russia (RU)

Property investment company Russian Invest has purchased a 55% share from SRV in the Okhta Mall shopping center project, which is phase I of the Septem City project located in St. Petersburg. Okhta ...

Eurocommercial sells Passy Plaza, Paris and completes purchase of Val Thoiry, Grand Geneve (EU)

Eurocommercial announced that it was in advanced discussions for the sale of the 8,115 m² Passy Plaza shopping center in Paris. Eurocommercial signed a contract on 4 June 2013 to sell Passy Plaza to ...

TK Development sells 'Barkarby Gate' retail park project in Stockholm (SE)

TK Development has sold the Group’s retail park project in Barkarby, Stockholm. The retail park will have a total floor space of about 20,000 m², and the current occupancy rate is 73 %. Lease agree ...

Europa Capital starts phase II of Designer Outlets Wolfsburg (DE)

Europa Capital and its joint venture partner, OCI, have commenced construction of the second phase of ‘Designer Outlets Wolfsburg’, Phase I of which opened in December 2007. The second phase of ...

Construction of Nova, Victoria to start this month (UK)

Today marks the launch of the next major phase in the continued transformation of Victoria in London’s West End by Land Securities (LS), and its joint venture partner for this development, Canada Pe ...

Helical signs £75 million revolving credit facility with Barclays (UK)

Helical Bar has signed a new £75 million (approx. €88 million) revolving credit facility with Barclays Bank, refinancing £49.3 million of existing debt, leaving £25.7 million available to fund fu ...

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