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Cornerstone secures €240 mln refinancing and Major new letting for Kamppi shopping center (FI)

Cornerstone Real Estate Advisers, today announces that it has successfully secured a €240 million refinancing loan from Nykredit for its Kamppi shopping center in Finland, the largest shopping cente ...

Intu creates new Customer Experience Director role (UK)

Intu has appointed Roger Binks, a former Marriott Group Marketing Director, to a newly created role that is dedicated to generating stronger relationships with customers. Part of the senior executive ...

Allianz Real Estate sets up joint venture with Austrian SES (EU)

Allianz Real Estate has set up a joint venture with the Austrian company SES Spar European Shopping Centers. Within this cooperation, Allianz is expected to acquire a 50% stake in seven shopping cente ...

ECE and Akayasa Group to realize €200 mln Akasya Park Ümraniye (TR)

ECE and the Turkish Akasya Group will jointly realize Akasya Park Ümraniye. The construction of the project in the Ümraniye district is scheduled to start in 2013. The investment volume of the shop ...

IPD: UK institutional investment into supermarkets tops £1bn in 2012

According to the latest IPD/Briant Champion Long UK Supermarket Investment Report, 2012 saw more than £1.2 billion (approx. €1.39 billion) of supermarket assets changing hands last year, as investo ...

CBRE acquires two retail units in Drayton and Oxford for £18 mln (UK)

CBRE Global Investors, the real estate investment firm, has acquired two retail units for a total of £18 million (approx. €20.85 million). The first, a Tesco supermarket in Drayton, Norwich, has b ...

OVG Bischoff sells project HumboldtHafenEins in Berlin (DE)

OVG Bischoff GmbH, headquartered in Berlin, concluded a sale contract with two pension funds who acquired the office and commercial building HumboldHafenEins in Berlin-Mitte. The office and commercia ...

Futureal's NoVa Park attracts Inditex brands (PL)

NoVa Park continues to attract the most important international fashion retailers. Futureal, one of CEE’s leading developers & investors and Caelum Development Group, an Irish real estate invest ...

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