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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 ...

Helical signs five year £100 mln. Revolving Credit Facility with Royal Bank of Scotland (UK)

Helical Bar plc has signed a new £100 million (€120 mln.) Revolving Credit Facility with The Royal Bank of Scotland ("RBS"). This five year facility refinances £82.7 million of existing debt, incl ...

Multi Mall Management appointed new mall manager for Olympia Mlada Boleslva Shopping Center (CZ)

Multi Mall Management CR, has taken over as facility manager from DTZ a.s. for the Olympia Mladá Boleslav shopping center, which is owned by Marissa Beta a.s., part of CPI Group, a.s.The services cov ...

Planning application submitted for £150 million New Riverside redevelopment (UK)

UK Commercial Property Trust Limited has submitted a planning application to Shropshire Council for the redevelopment of its three shopping centers in Shrewsbury (Pride Hill, Darwin and Riverside) int ...

ECE takes over management of Hallen am Borsig-turm shopping center in Berlin (DE)

ECE has taken over the manage-ment of the "Hallen am Borsigturm" shopping complex in the Tegel district of Berlin. The center first opened its doors in 1999 and com-prises a sales area of around 45,00 ...

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