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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 ...

NSI completed the sale of 70% of the Swiss portfolio for CHF 94.5 million (NL/CH)

NSI N.V. (NSI) completed last week the sale of its Swiss office property Silvergate in Thalwil and its retail property Perolles Centre in Fribourg for a total amount of CHF 94.5 million (approx. €78. ...

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 ...

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