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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 ...

Sponda to increase its holding in the Zeppelin Shopping Center (FI)

Sponda has purchased Arif I Ky's (Amplion Asset Management Oy's) holding in the Zeppelin Shopping Center, located in Kempele, for the price of €7.8 million. The deal increases Sponda's holding in the ...

Leading American fashion brand GAP enters Ukrainian market (UA)

Leading American fashion brand Gap will open their first flagship store in Kiev in June 2011. Located at 50 St. Khreschatyk, Gap will occupy three levels of the property with floor space totaling 1,20 ...

Hammerson completes sale of Three Spires, Lichfield (UK)

Further to the announcement of March 23, 2011, Hammerson plc announces that it has exchanged conditional contracts to sell Three Spires, Lichfield, to a client of Orchard Street Investment Management, ...

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