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Amstar closes €95 million investment fund for retail development in Turkey (TR)

Amstar today announced that it closed Amstar Global Property Fund II ('the Fund'), Amstar's second international real estate development fund, with €95 million of total equity commitments. Participan ...

KOMM Center in Offenbach sold by Hochtief (DE)

HOCHTIEF Projektentwicklung has sold KOMM in Offenbach to a North American investor represented by MGPA. It was agreed that no details of the purchase price would be disclosed. ...

Hamburg Trust acquires shopping center in Stuttgart's Milaneo (DE)

The development of the Milaneo quarter in Stuttgart has reached an important milestone: subject to antitrust approval, the investor Hamburg Trust will take over around 78% of the shopping center's pro ...

Legal & General reveals £10 mln. plans for former Elstree Way Business Centre (UK)

Legal & General Property (LGP), owner of the former Elstree Business Centre on Elstree Way, in Borehamwood, Hertfordshire, has today unveiled images of its £10 million (approx. €12.4 million) pl ...

Metric Property Investments plc acquires retail units (UK)

Metric Property Investments plc, the UK retail specialist REIT, announces two transactions for a total gross consideration of £14 million (approx. €17 million).On behalf of Metric Income Plus Limite ...

New shopping center Sombrero opens in Moscow (RU)

Sombrero, a local shopping center in the south of Moscow in the busy district of Chertanovo, a densely populated district of Moscow, opened at the end of June.The three-level shopping center with a to ...

Development Securities announces achievement of milestones at its £110 million mixed-use scheme (UK)

Development Securities PLC, in partnership with Cathedral Group plc, announces that it has completed the acquisition of the 2.2-acre site in Greenwich town center for £16 million (approx. €20 millio ...

Redevco sells its entire Turkish business to Blackstone (NL/TR)

Redevco has agreed to sell its entire Turkish portfolio and management platform to affiliates of The Blackstone Group. The sale concerns three shopping centers: Gordion Shopping Center in Ankara, Erzu ...

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