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Start of construction on Árkád II in Budapest (DE/HU)

Construction work on the shopping center Árkád II in Budapest (Hungary) has started. Árkád I located at the Örs vezér tere square was opened nearly 10 years ago. The center's economic success co ...

Prelios, Highstreet portfolio: three department stores rented to Karstadt sold to ECE (DE)

Prelios announces that Karstadt property owner Highstreet has closed a sales agreement for three department stores with ECE Projektmanagement GmbH & Co. KG, a German real estate company. All the s ...

ICSC: Changing consumer behavior favors outlet shopping (EU)

Traditional retail continues to be challenging thanks to volatile European economies, but leading European outlet development company, Neinver, reported a 7% increase in visits to its centers this yea ...

Dynamic expansion of Claire's in Poland (PL)

Even though the Claire's brand entered the Polish market only a year ago, it already has 16 shops across the country, including Warsaw (three shops), Wroclaw (two shops), Krakow, Poznan, Opole, Koszal ...

M&G Investments arranges finance for two London retail centers (UK)

M&G Investments, one of Europe's leading institutional investors, has arranged senior, mezzanine and preferred equity financing for two shopping centers that sit above Hammersmith and Fulham Under ...

BPT Optima sells Valdemāra Rimi Hypermarket in Riga to the Rimi Baltic Group (LV)

In an agreement closed on October 12, 2011, the BPT Optima real estate investment fund, managed by BPT Asset Management, has sold the hypermarket located on Valdemara Street in Riga, Latvia, to its ma ...

IMMOFINANZ Group boosts Silesia City Center's market position with opening of new extension (PL)

On October 12, 2011, IMMOFINANZ Group opened the extension to its Silesia City Center – the most important shopping center in Silesia and one of the largest shopping centers in Poland.From September ...

Henderson Global Investors strengthens retail offering at Baden-Baden (DE)

Henderson Global Investors, on behalf of its €930-million European Retail Property Fund - Herald - has completed a series of lettings at its shopping center in Baden-Baden. ...

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