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Union Investment acquires two office properties for new institutional real estate fund (DE)

Union Investment has acquired the first two properties in Germany for its UniInstitutional German Real Estate fund. The office properties, which are located in Darmstadt and Frankfurt am Main, reflect ...

Auchan hypermarket to open in Prospect, Kiev’s new shopping and entertainment center (UA)

A partnership agreement has recently been signed between Comfort Market Luks – the investor of the project – and the Auchan international hypermarket chain. The agreement has been signed under com ...

Wihlborgs acquires whole of Ideon portfolio in Lund (SE)

Via a company transaction, Wihlborgs is to acquire Ikano Fastigheter’s property portfolio in Ideon, Lund, southern Sweden and will now become the sole property owner in Ideon. The acquisition compri ...

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 ...

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