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CBRE: Hong Kong most expensive global retail market - London, Paris and Moscow in the top-10

Hong Kong is the world's most expensive global retail market as wealthy Chinese tourists, luxury retailer expansion and a shortage of prime space drive rents to record highs, according to new research ...

British Land acquires London portfolio from Wereldhave for £183.8 million (UK)

British Land has acquired a portfolio of properties in London from Wereldhave for £183.8 million. The most significant asset in the portfolio is Ealing Broadway Shopping Centre which has been purchas ...

UKCPT sells £10.5 million retail property at 2-8 Buchanan Street, Glasgow (UK)

UK Commercial Property Trust Limited, advised by Ignis Asset Management, announced that it has successfully completed the sale of a retail property at 2-8 Buchanan Street in Glasgow to the Cordea Savi ...

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 ...

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