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AFI Palace Ploiesti shopping center almost 70% leased before construction starts (RO)

AFI Europe Romania has signed leasing contracts for 70% of the total commercial area of AFI Palace Ploiesti shopping mall, 18 months before the grand opening. Among the new tenants already signed are ...

Terrace Hill completes £35 mln. forward funding for development of Sainsburys foodstore (UK)

Terrace Hill Group plc (AIM: THG), a leading UK property development and investment group, announces the completion of the forward funding of a £35 million (approx. €42.4 million) supermarke ...

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 ...

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