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Union Investment acquires Breisgau Center for new retail fund (DE)

The Breisgau Center in Freiburg is Union Investment's first acquisition for its new real estate fund for institutional investors, UII Shopping Nr. 1. Well positioned in Freiburg's retail market, the 1 ...

GTC completes sale agreement of its 50% stake in Galeria Mokotow (PL)

Globe Trade Centre S.A. (GTC) has signed an agreement for the sale of a 50% stake in its landmark development Galeria Mokotów, based on the asset value of €475 million. The buyer is an affiliate of ...

AFI Europe Romania signs lease agreement with Cora hypermarket at AFI Palace Ploiesti shopping mall (RO)

AFI Europe Romania recently signed a lease contract with the Cora retail chain for a 12,500-m² hypermarket in the new shopping mall AFI Palace Ploiesti, which is to be developed in Ploiesti city cent ...

Colliers: Retail properties top investors' lists in Germany (DE)

Over the first six months of 2011, about €5.86 billion was invested in retail properties throughout Germany. This transaction volume puts retail properties far ahead of all other uses."Overall, this ...

Bursha Holdings Limited secures £16.3-mln. funding package from Barclays Real Estate (UK)

Barclays Real Estate has provided Bursha Holdings Limited with a £16.3-million (approx. €18.5-million) funding package, which will enable the business to expand its operations by moving further into ...

Orchard Street Investment Management acquires Cardiff Bay Retail Park for £54.5 million (UK)

Orchard Street Investment Management LLP, the specialist commercial property investment manager, announces that it has completed the acquisition of Cardiff Bay Retail Park from Invista Real Estate Man ...

CBRE: Supermarkets emerge as retail recession winner (UK)

The supermarket sector is emerging as the big retail market share winner of the recession in the UK as the surge in supermarket development accelerates the shift in non-food market share away from tow ...

CLS Holdings proposes new development in Vauxhall (UK)

CLS Holdings plc announces that following a public consultation and detailed discussions with planning officers, it intends to submit a planning application in the autumn for an 18,100-m² mixed-use d ...

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