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Peab to build store for IKEA in Uddevalla (SE)

Peab has been commissioned to build a new department store for IKEA in Uddevalla. The customer is IKEA Properties Ltd and the contract amounts to SEK 292 million (approx. €33 million).The contract is ...

CapMan sells Stockmann department store in Turku (FI)

The CapMan RE II fund will sell the Stockmann department store property at Yliopistonkatu 22 in Turku to Keva. This is the CapMan RE II fund's first exit and it will not impact CapMan Group's result f ...

Henderson's Swindon Designer Outlet to see £35 mln. investment (UK)

Henderson Global Investors, on behalf of its Swindon Designer Outlet center, has submitted a planning application for the development of more than 50,000 ft² (approx. 4,645 m²) of new retail and cat ...

Redevco opens 19,000 m² Magnesia shopping center in Manisa (TR)

Magnesia, Redevco's third shopping center investment/development in Turkey, opened its doors to the public on Thursday June 28. The center has more than 65 units within a total area of about 19,000 m ...

Henderson acquires retail warehouse in Karlsruhe (DE)

Henderson Global Investors, on behalf of its German Retail Income Fund (HGRIF), has acquired a 27,500 m² retail warehouse located in Karlsruhe, Germany from the Metro Group. The purchase price has no ...

Hungary's first environmentally friendly shopping center set to open soon in Budapest (HU)

Hungary's first environmentally friendly shopping and services center is set to open in mid-October in Budapest's District XII. The Hegyvidék Center will be the sole newly built commercial developmen ...

LaSalle acquires £12 million long leasehold interest for Coventry retail block (UK)

LaSalle Investment Management today announces that it has completed the acquisition of long leasehold interest of a retail block in Coventry city center. LaSalle paid approximately £11.9 million (app ...

Sonae Sierra strengthens its activity in Morocco (PT/MA)

Sonae Sierra, the international shopping center specialist, has just strengthened its presence in Morocco, with the signing of its second service provision contract in the country.The service provisio ...

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