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Fund to buy stakes in five properties in Paris (NO/FR)

The Norwegian Government Pension Fund Global agreed today to buy 50% of five properties in Paris from Generali Group for €275 million, or approximately 2.1 billion Norwegian kroner.Norges Bank Invest ...

Epstein: New retail projects emerging in brownfields in Romania (RO)

A number of the latest announced retail projects are being developed on former industrial platforms, a sign that Romania's past pattern of industrial growth has left a large number of sites that repre ...

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 ...

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