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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 ...

Multi Development’s first shopping center in Ukraine under construction (NL/UA)

Multi Development Ukraine LLC will start the construction of the Forum Lviv shopping center in the inner city of Lviv, today. It is Multi’s first shopping center in Ukraine and it will be one of the ...

KKR acquires UK retail park property portfolio (UK)

Kohlberg Kravis Roberts & Co. L.P. today announced that entities advised or affiliated with KKR, including KKR Financial Holdings, have agreed to acquire a 430,000 ft² (approx. 39,950 m²) Retail ...

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