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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 ...

IBA Capital Partners buys El Corte Inglés building on Plaza Catalunya for €100 million (ES)

As reported by the Spanish press, the famous Spanish department store chain has reached an agreement for the sale of its approx. 8,000 m² building on Plaza Catalunya to IBA Capital Partners for €10 ...

Big Nike tick for Broughton Shopping Park in Chester (UK)

Hercules Unit Trust announced that Nike will open its first UK non-discount shopping park store at Broughton Shopping Park in Chester. The store is due to open in October in a unit formerly occupied b ...

AXA Real Estate sells 21-asset portfolio to international real estate fund (DE)

AXA Real Estate announces it has completed, on behalf of clients, the sale of a portfolio of 21 food retail assets located across Germany to Fairvesta Real Estate Fund, an international real estate an ...

Tommy Hilfiger to open first flagship store in Moscow (RU)

The international retailer Tommy Hilfiger signed a lease agreement for the 255 m² premises in the center of Moscow, at Kuznetsky Most, 7 and will open its first Tommy Hilfiger flagship store on Augus ...

Terreïs acquires a property located 6 Boulevard Malesherbes (paris 8) for € 12.7 million (FR)

6 Boulevard Malesherbes which is located in the 8th district was sold by Artinver to Terreïs for € 12.7 million. This mixed-use property of approximately 1,600 m² is let to retail tenants Olive ...

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