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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 ...

Moderate retail growth in Germany leads to redistribution of turnover (DE)

Despite lingering concerns regarding the economic crisis, GfK GeoMarketing's new prognosis of Germany's 2012 regional retail turnover shows that turnover potential has increased by approximately one p ...

Jones Lang LaSalle awarded the CEE Retail Agency of the Year 2011 (PL)

Jones Lang LaSalle was awarded the CEE Retail Agency of the Year 2011 at the Europaproperty CEE Retail Real Estate Awards held on 9th February in Warsaw. The firm was chosen by a panel of 36 judges ra ...

Hammerson submits redevelopment plans for Centrale (UK)

Hammerson has submitted a detailed planning application to the London Borough of Croydon for the redevelopment of Centrale Shopping Centre. Hammerson purchased the centre in March 2011 having identifi ...

Blackstone completes €37 million acquisition of Galeria Tęcza in Kalisz from Rank Progress (PL)

On 8 February 2012, Blackstone's real estate funds completed the acquisition of the Galeria Têcza shopping mall in Kalisz from Rank Progress S.A. The value of the transaction was €37 million. Galer ...

2011 a record year for investment volume into Russian commercial real estate (RU)

2011 was the record year in terms of investment volume into Russian commercial real estate according to the latest research by CBRE. Russian investment market grew over 200% above the level reached in ...

New record rent of 12,500 Swiss francs per square meter in Zurich's Bahnhofstrasse (CH)

The latest Retail Market Study carried out by the Location Group examined the 65 most noteworthy international fashion capitals, together with Switzerland, Germany and Austria. As part of this study, ...

Global real estate markets show eighth consecutive quarter of rental increases

While economic uncertainty still affects the main commercial real estate centers around the world, global real estate markets are showing steady improvements, according to Jones Lang LaSalle's new sui ...

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