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IMMOFINANZ Group: Takeover of Golden Babylon Rostokino in Moscow finalized (AT/RU)

Following the approval by the Russian antitrust authorities, the purchase of the remaining 50% of the Golden Babylon Rostokino shopping center by IMMOFINANZ Group was finalized on May 16. The agreemen ...

Planning approval granted for Centrale, Croydon (UK)

The London Borough of Croydon's planning committee today resolved to grant consent for Hammerson's proposal for the redevelopment of Centrale Shopping Centre.The scheme, designed by Leslie Jones Archi ...

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 ...

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