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European retail action plan underway (EU)

The European Commission has indicated it will table a European Retail Action Plan by the end of the year. The basis of the action plan will come from the Parliament's report on a more efficient and fa ...

Sonae Sierra enters Algeria (DZ/PT)

Sonae Sierra, the international shopping center specialist, has just entered the Algerian market with the creation of Sierra Cevital, a service provider company in the shopping center area, including ...

Munich real estate market snapshot (DE)

Munich is one of Europe's most prospering cities with a healthy economic structure, accommodating global players like BMW, Siemens and Allianz as well as numerous innovative small and medium sized com ...

Legal & General secures planning on St Stephens Pl. leisure park in Trowbridge (UK)

Legal & General Property, the owner of Castle Place Shopping Centre in Trowbridge, announced that it has achieved planning consent on St Stephens Place Leisure Park. Planning permission was grant ...

Galeria Kaskada in Szczecin wins two CEE Retail Real Estate Awards (PL)

ECE's Galeria Kaskada in Szczecin was honored with two prizes at the CEE Retail Real Estate Awards. The center did not only win in the category "Shopping Center large" (with more than 40,000 m² renta ...

Land Securities and CPPIB form joint venture to own and develop Victoria Circle, London (UK)

Land Securities Group PLC ("Land Securities") and Canada Pension Plan Investment Board ("CPPIB") are pleased to announce they have formed the Victoria Circle Limited Partnership ("the Partnership"), a ...

IPD: UK values continue to slide in January (UK)

Capital values fell by another -0.2% in January as the New Year brought little good news for the UK property market. Total return fell to 0.4%, its lowest since June 2009, according to the IPD UK Mont ...

Westfield Group announces two major strategic transactions (US/UK)

The Westfield Group (ASX:WDC) announced two major strategic transactions including a US $4.8 billion (€3.7 bln) joint venture over 12 assets in the United States with Canada Pension Plan Investment B ...

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