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Pramerica Real Estate Investors completes first development in Turkey (TR)

Pramerica Real Estate Investors announced yesterday (May 31, 2011) that it had successfully completed its first development in Turkey – a shopping center in Antalya built with Istanbul-based joint ve ...

Roppenheim The Style Outlets: Grand opening set for 2012 (FR)

NEINVER, leading company in retail sector based in Spain, and MAB Development, leading European real estate developer specializing in retail, have confirmed the development of the outlet center Roppen ...

Citycon acquires Högdalen Centrum shopping center in Stockholm (SE)

Citycon has acquired the Högdalen Centrum shopping center in Stockholm for SEK 207.5 million (approximately €23.1 million) from Centeni AB, controlled by The Royal Bank of Scotland.Högdalen Centrum ...

REDEVCO and Carrefour agree terms on closing down hypermarkets in Belgium (BE)

After months of negotiations Redevco and Carrefour have reached an agreement on terminating the leases on six hypermarkets and downsizing four others.The hypermarkets in Sint-Pieters-Leeuw, Ronse, Kuu ...

GfK study: Risks and opportunities associated with small shopping centers in mid-sized cities (DE)

In response to the trend toward smaller shopping centers and hybrid malls, GfK GeoMarketing evaluated 45 small German shopping centers in April 2011 with a sales area of 10,000 to 15,000 m². The resu ...

IMMOFINANZ Group sells office and retail property in Simmering (AT/DE)

IMMOFINANZ Group has sold the office and retail property located at Simmeringer Hauptstrasse 47-49 in the 11th district of Vienna to HIH Global Invest GmbH for €29.2 million."The three major revenue- ...

Echo Investment sells shopping center in Belchatów (PL)

Echo Investment Group has sold its ECHO Shopping Centre built in 2000 in Belchatów. The new owner of the facility is a subsidiary of Vousoka Ltd with its registered office in Nicosia (Cyprus).The let ...

Unibail-Rodamco acquires Galeria Mokotow in Warsaw (FR/NL/PL)

Unibail-Rodamco has signed a preliminary agreement to acquire from co-owner GTC its 50% stake in Galeria Mokotow. This brings Unibail-Rodamco's ownership to 100%. The agreement values the asset at €4 ...

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