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Savills: Investment in France boosted by retail and serviced properties in Q1 2013 (FR)

According to Savills data €2.5 billion was invested in French commercial real estate in the first quarter of 2013, which is level with the same period in 2012. The international real estate advisor ...

Savills: Netherlands retail investment volumes up 30% in Q1 2013 (NL)

According to Savills latest Netherlands property market report, retail investment in Q1 2013 reached approximately €160 million, representing an increase of 30% on the same period last year, at €1 ...

Tesco quits the US after profit drop (UK/US)

Philip Clarke, Chief Executive: "The announcements made today are natural consequences of the strategic changes we first began over a year ago and which conclude today. With profound and rapid change ...

Footfall increases by 110% in five years at Ikea Shopping Centers Russia's malls (RU)

Footfall has increased by 110% in just five years at IKEA Shopping Centers Russia’s (IKEA SCR) 14 MEGA branded malls, spurred by intelligent asset management that attracts both Russian consumers and ...

British GRI: UK's most senior-level real estate event (UK)

Real estate’s leading investors, developers and lenders active in the UK will get together this May for UK's most senior-level real estate event, British GRI. The event is the Global Real Estate Ins ...

High-street fashion retailer Select to open 200 new stores over the next five years (UK)

Cushman & Wakefield, has been instructed by high street fashion retailer Select to assist in its UK expansion. Select, which is a ladies fashion-focused retailer, is currently based in over 130 ...

Rockspring funds £12.27 mln Sainsburys supermarket development in Milton Keynes (UK)

Rockspring Property Investment Managers announces that it is funding the development of a supermarket in Milton Keynes for £12.27 million (approx. €14.4 million), reflecting a net initial yield of ...

CBRE Global Investors PEC Fund acquires Düsseldorf hypermarket from Edinburgh house estates (DE)

CBRE Global Investors has completed the acquisition of a hypermarket in Düsseldorf, Germany, for more than €25 million on behalf of its Pan European Core Fund (“PEC”). Let to the established ...

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