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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 ...

NEINVER'S first outlet center in France to open on April 25, 2012 (ES/FR)

NEINVER and MAB Development, joint developers of the Outlet Center at Roppenheim The Style Outlets, have announced its opening on April 25, 2012."25 April is an excellent date for the brands, as it is ...

Multi Development opens Arneken Galerie in the heart of Hildesheim with Corio (NL/DE)

On March 29, 2012, Arneken Galerie shopping center opened to the public after two years of construction. Covering an area of 28,000 m², the center offers gallery space on three levels for 90 retail s ...

IBUS acquires shopping center in Germany and realizes private placement (NL/DE)

IBUS has finalized the acquisition and placement of a shopping center in the city center of Hemer. The total investment is around €11 million, whereby equity is €5.25 million.Hemer is located about ...

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