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AXA Real Estate announces full planning consent received for major Oxford Street redevelopment (UK)

AXA Real Estate Investment Managers announces it has received full planning consent for a new £40 million (approx. €50 million) retail-led mixed use scheme on a key Oxford Street site. Addit ...

Redevco successfully concludes exit from Finnish market (FI)

Redevco has divested its properties in Finland, in line with its strategy of concentrating on its core markets in Europe. Following the exit from the Swedish market, Redevco has announced the sale of ...

Saks Fifth Avenue OFF 5TH to open seven stores (US)

Simon Property Group, Inc. (NYSE: SPG), the world's leading retail real estate company, announced that Saks Fifth Avenue OFF 5TH will open a total of seven new stores in the next two years in its Prem ...

Invesco Real Estate buys prime Swedish retail park for ca. €63 mln. (SE/DE)

Invesco Real Estate (IRE), the global real estate investment manager, is pleased to announce that it has acquired Barkarby Retail Park 4:7 near Stockholm for ca. €63 million on behalf of the iii-BVK ...

Redevco announces official reopening of Shopping Flémalle center (BE)

Redevco Retail Belgium has just completed a major renovation and densification programme at its Flémalle site. The two-year redevelopment was carried out in two phases. The complex, now renamed Shopp ...

Gide Loyrette Nouel Warsaw finalizes acquisition of chain of supermarkets by Maxima Grupe (PL)

The Warsaw office of Gide Loyrette Nouel has advised Maxima Grupe, a Lithuanian group operating in the retail sale sector, on the acquisition of a chain of supermarkets located in the southeast of Pol ...

Targareal agrees lease extension with EDEKA Südwest in Karlsruhe until 2024 (DE)

Targareal Consulting GmbH, Frankfurt, has agreed with Edeka Handelsgesellschaft Südwest GmbH the early renewal of the lease for the food store in Karlsruhe's Weiherhof Center until October 2024.Targa ...

CBRE: European retail property investment reaches €4.6 billion in Q1 2012 (EU)

Investment turnover in the European retail property market slowed in the first quarter of 2012 (Q1 2012) with few large transactions taking place. However, investor sentiment remains buoyant and activ ...

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