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Simon Property and McArthurGlen form joint venture for European designer outlets (EU)

Simon Property Group, Inc. and McArthurGlen Group announced today that they have signed a definitive agreement to form a joint venture through which SPG will invest in McArthurGlen, the leader in upsc ...

Londonmetric agrees sale of £247.56 million distribution portfolio (UK)

LondonMetric a UK REIT, has exchanged contracts on the sale of 11 distribution assets for a total consideration of £247.56 million (approx. €290.4 million), reflecting a net initial yield of 6.25%, ...

Outlet Center Lublin has received a building permit (PL)

CBRE today announced that Outlet Center Lublin has received a building permit. Outlet Center Lublin, being developed at 16 Melgiewska Street in Lublin, is a classic outlet that offers products of p ...

NCC starts construction of Matinkylä Metro Center in Espoo (FI)

NCC is to start construction of a shopping mall and a public transport hub in Matinkylä, Espoo, in the Greater Helsinki area. The shopping mall project will be carried out in a 50/50 joint venture be ...

Ashkenazy acquires Old Spitalfields Market in London for €122.8 million (UK)

Ashkenazy Acquisition Corp., owner of Boston’s Faneuil Hall, bought London’s Old Spitalfields Market from Dublin-based Ballymore Properties Ltd. for about 105 million pounds (approx. €122.8 mill ...

Resolution Property secures new retailers to Galeria Pomorska shopping center (PL)

Resolution Property, the leading European real estate fund, has secured seven leases and introduced five new retailers, to anchor the extension of Galeria Pomorska in Bydgoszcz, Poland. The leading ...

ICSC: The shopping center industry must explain itself better

The retail industry creates more jobs than probably any other industry sector in Europe. It contributes millions of Euros every year to the European economy and invests in and encourages safe and sust ...

CBRE: Hong Kong is top target for new retail entrants (HK)

Hong Kong is the world’s hottest retail market, attracting significantly more new entrants than any other city, according to the 2013 edition of How Global is the Business of Retail? by leading glob ...

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