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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 ...

Helical Bar acquires Broadway House, Hammersmith from Joint Fixed Receivers for £14.1 mln. (UK)

Helical Bar plc has completed the purchase of Broadway House, Hammersmith from Joint Fixed Receivers for £14.1 million (€17 mln.), reflecting a net initial yield of 5.7% and a targeted reversionary ...

Niam disposes of 68 retail properties in Finland (FI)

Niam has disposed of 68 retail properties to Sveafastigheter Fund III and their local asset management partner, Capitol Asset Management.The properties are located all across Finland and comprise a le ...

Multi takes 100% ownership in Italy - becomes Multi Development Italy (IT)

After 6 years of collaboration, Multi and CDS Holding (its 25% partner in Italy since 2005) have decided to follow different strategies for their retail development business; negotiations were just co ...

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