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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 ...

IKEA Shopping Centres Russia creates opportunities for Western retailers in Russia (RU)

IKEA Shopping Centres Russia is set to attract a new raft of Western retailers to its shopping centers across Russia where the opportunity now exists to grant new leases at some of the company's MEGA ...

Master Management Group purchases plot of land in Ełk to build Brama Mazur shopping center (PL)

On 28 March 2012, Master Management Group, a leading retail space manager and developer in Poland, purchased a plot of land in Elk in order to build the Brama Mazur shopping center. The plot, covering ...

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