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GRR buys shopping center in Erlangen and receives further €30 mln equity (DE)

GRR Real Estate Management GmbH (GRR REM) has acquired the newly-constructed Büchenbach-West local shopping center in Erlangen, for GRR German Retail Fund No.1. The property has a lettable area of ov ...

ICSC: Retail industry confidence up sharply (EU)

The New Year has brought confidence in the European shopping-center industry, according to the International Council of Shopping Center's (ICSC) Euro-shop Index, its pan-European survey of shopping c ...

First Retail International (FRI) acquires a retail park portfolio in Romania (RO)

First Retail International (FRI), a specialist retail property company with a focus on retail warehouse properties in Europe, has acquired a 50% interest in the Romanian retail park portfolio 'InterCo ...

Winners of 11th annual MIPIM AR Future Project Awards announced

Skidmore Owings and Merrill’s ‘Breathing Tower’, a landmark 75 story building in Wujiang, China, has been awarded both the coveted Overall Winner prize and the Tall Buildings category accolade, ...

The Carlyle Group acquires a Karstadt department store in Esslingen (DE)

Global alternative investment manager The Carlyle Group ('Carlyle') announces that it has completed the acquisition of a 17,000 m² department store, operated by leading German retailer Karstadt, in t ...

Pramerica acquires 118 Avenue des Champs-Elysées and sells Avancée B (FR)

Pramerica Real Estate Investors has completed the acquisition of the companies holding 118 Avenue des Champs-Elysées in Paris, a prime retail and office building, from listed Italian property company ...

CBRE Russia reopens retail department (RU)

RTK Group's team, which provides a full range of services in retail, has moved to CBRE. Founded in 2010 by Managing Director Mikhail Rogozhin, RTK Group, provides the full scope of consulting services ...

LondonMetric makes debut purchase of £92.4 mln retail warehouse portfolio (UK)

LondonMetric Property Plc, the UK REIT recently created through the merger of London & Stamford Property Plc and Metric Property Investments plc, announces its first acquisition with the purchase ...

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