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Investment Management Group acquires 70% stake in retail park to be built in Tver (RU)

Investment Management Group (IMG) has completed its acquisition of an approximately 70% stake in a retail park to be built in Tver, Russia, on behalf of its Russia Development Fund.The retail park, de ...

The Sierra Fund acquires all the shares of Plaza Mayor Shopping in Malaga (PT/ES)

Sonae Sierra, the international specialist in shopping centers, has acquired, through the Sierra Fund, 25% of the shares of Plaza Mayor Shopping, in Malaga, to minority shareholders. The Sierra Fund h ...

Planning submitted for Lakeside extension (UK)

Capital Shopping Centres (CSC) yesterday (December 7, 2011) submitted a planning application for a £180-million (approx. €210 million) investment in its Lakeside center in Thurrock which will includ ...

NewSec advises on purchase of 22,000-m² shopping mall Babilonas I (LT/FI)

One of the best-known shopping center in Lithuania Babilonas I, situated in Panevezys city in Lithuania, has been sold to a Finnish private investor Pontos Group. ...

LGP acquires The Meadows Shopping Centre in Chelmsford (UK)

Legal & General Property ('LGP') has announced that it has acquired The Meadows Shopping Centre, Chelmsford, Essex, from Lend Lease for £56.1 million (approx. €65.7 million), reflecting a net in ...

Union Investment acquires Bethanien Center in Neubrandenburg (DE)

Union Investment has acquired the Bethanien Center at Mirabellenstrasse 2 in Neubrandenburg from a real estate company managed by Captiva Capital Partners III ELP, a Natixis Capital Partners fund. The ...

Hemsö purchases a property for SEK 130 million (SE)

Listed Swedish property company Kungsleden AB (publ) is purchasing a public property through Hemsö, its joint venture with AP3 (the Swedish Third Pension Insurance Fund), for a total purchase price o ...

Tulipan Group receives building permit for Mall of Split shopping center (HR)

Croatian developer Tulipan Group Ltd has received a building permit for its shopping and entertainment center Mall of Split, located in the city of Split, Croatia. The new generation shopping center i ...

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