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IMMOFINANZ AG takes over 100% of Zagreb's Grand Centar (AT/HR)

As of April 6, 2011 IMMOFINANZ AG acquired the remaining 20% stake in the Grand Centar in Zagreb through its subsidiary IMMOEAST Allegro Beteiligungs GesmbH. This stake was previously held by Generali ...

Citycon to redevelop Koskikeskus shopping center in Tampere (FI)

Citycon Oyj has begun a redevelopment of Koskikeskus shopping center in downtown Tampere, Finland. The shopping center's redevelopment project covers all retail premises owned by Citycon.The shopping ...

Real I.S. acquires Hamburger Meile shopping center from ECE and Bruhn Group (DE)

Real I.S. has acquired the Hamburger Meile shopping center from ECE and the Bruhn Group at a property value of approx. €250 million. The property is to be offered in a closed Real I.S. fund in the th ...

Savills: Spanish retail warehouse market sees investment volumes increase but lack of stock for sale (ES)

According to international real estate advisor Savills, levels transacted in Spain's retail warehouse market are moving towards the 10-year average of €95 million with €83 million purchased in 2010 ...

Fabege to let premises to Björn Borg AB (SE)

Fabege has signed a lease with Björn Borg AB for the property on Apotekaren 22, Tulegatan 11/Kungstensgatan 23. The premises cover approximately 2,000 m² over three floors and will be used for offic ...

Citycon's shopping center acquisition in Tallinn finalized (FI/EE)

On March 17, 2011, Citycon announced the signing of an agreement to acquire Kristiine shopping center in Tallinn, Estonia for €105 million. Closing and payment of such transaction took place yesterda ...

Sonae Sierra distinguished with three awards (PT)

Sonae Sierra, the international shopping center specialist, has just earned three distinctions at the National Real Estate Awards 2011: the 'Real Estate Oscar' in the retail developments category for ...

VastNed Retail welcomes Zara to Turkey's busiest street (NL/TR)

Pan-European retail property fund VastNed Retail welcomes Spanish fashion giant Zara at 161 Istiklal Caddesi, Istanbul. The parties have signed a 15-year lease.The property acquired from Yapi Kredi Ba ...

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