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GfK GeoMarketing forecasts 2% increase in Germany's 2011 retail turnover (DE)

Germany's mid-sized cities offer particularly attractive conditions for retailers and consumers according to GfK GeoMarketing's 2011 retail turnover prognosis. Many such mid-sized cities serve as reta ...

ICSC highlights sustainable shopping centers within Brussels (EU)

The International Council of Shopping Centers (ICSC) will be highlighting the growing role of sustainable shopping centers as the European Union goes out to public consultation on its Smart Cities and ...

Hammerson acquires retail portfolio for £208 million (UK)

Hammerson plc has exchanged contracts to acquire a portfolio of six assets from St. Martins Property Investments Limited for £208 million (approx. €239 million). Hammerson's initial commitment, incl ...

Tristan Capital/AEW Europe partners with Addington Capital to purchase three UK shopping centers (UK)

European Property Investors Special Opportunities, L.P. (EPISO), a fund co-advised by AEW Europe and Tristan Capital Partners, has partnered with Addington Capital to complete the purchase of the Sapp ...

Land Securities development to boost Scotland's economy (UK)

Land Securities, the UK's largest commercial property developer, has given approval for a £70-million (approx. €80-million) retail and residential scheme in Glasgow city center, which will help boos ...

Hammerson acquires remaining 75% of Central Retail Park, Falkirk (UK)

Hammerson plc, which owns 25% of Central Retail Park in Falkirk, has exchanged contracts to acquire the remaining 75% from its partner TIAA-CREF for a consideration of £69 million (approx. €79 milli ...

Construction of a new shopping center gets under way in Budapest (HU)

The Hegyvidék Shopping Centre, scheduled to open in autumn 2012, is being constructed in a development project by WING Zrt. in the heart of Budapest's District 12. The special feature of this mall wi ...

Barberino Designer Outlet to start expansion works next month (IT)

Barberino Designer Outlet, one of five McArthurGlen Designer Outlets in Italy, has been given the go-ahead to start building works on the center's second phase by the municipality of Barberino del Mug ...

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