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Development Securities announces further progress at its £36 mln. scheme in Telford (UK)

Henry Davidson Developments, the wholly owned subsidiary of Development Securities PLC, has announced further progress at its £36 million (approx. €44 million) mixed-use regeneration scheme in Lawle ...

First Russian Debenhams to open in Moscow (RU)

In September 2012 the first Russian store of the world renowned Debenhams will be opened in MEGA Belaya Dacha in Moscow. Debenhams will be opened its traditional department store format.Debenhams, one ...

Multi Development Germany opens Boulevard Berlin (DE)

Boulevard Berlin is located in the middle of Schlossstrasse at the site of the former Wertheim and Karstadt department stores. It is one of the largest inner-city retail centers in Germany, with a ren ...

Citycon acquires shopping center Arabia in Helsinki (FI)

Citycon has acquired the shopping center Arabia in Helsinki, for €19.5 million from Tapiola Group. Shopping center Arabia is located in the fringe of Helsinki's city center, some 4 km northeast on a ...

ICSC announces Pan-European Shopping Centre Executive Opinion Survey (EU)

The Pan-European Shopping Centre Executive Opinion Survey, a monthly publication produced by the International Council of Shopping Centers (ICSC), has been officially launched and will be publicly ava ...

Allianz buys remaining shares in Hamburg's Europa Passage (DE)

Allianz has purchased a 45% stake in Europa Passage in Hamburg from HSH Nordbank. The shopping center at Ballindamm 40 is now wholly owned by Allianz. Previously, Europa Passage was owned (via Alida G ...

Haskoll wins refurbishment project on Finland's biggest shopping center (FI)

Award-winning architects Haskoll have commenced a €90 million project to renovate Itäkeskus, Finland's largest shopping center first opened in 1984. When completed in 2014, the center will be reposi ...

Union Investment sells Luisencenter in Darmstadt (DE)

Union Investment has sold the Luisencenter shopping center in Darmstadt, held by its open-ended real estate fund UniImmo: Europa, to a fund managed by LaSalle Investment Management for around €104 mi ...

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