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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 ...

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 ...

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