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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, ...

JLL: European retail real estate investment Q1 2011 tops €8 billion (EU)

Direct investment in retail real estate in Europe during the first three months of 2011 reached

Icade and Klépierre inaugurate the Le Millénaire shopping center (FR)

Icade and Klépierre announced yesterday (April 26, 2011) the inauguration of the Le Millénaire shopping center, which will open its doors to the public today. Ideally situated just outside the Paris ...

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