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British Land acquires Drake Circus shopping center for £240 million (UK)

British Land, one of the UK's largest retail property managers, has announced the acquisition of Drake Circus in Plymouth for £240 million (approx. €285 million). Located in the middle of Plymouth, ...

Henderson Global Investors increases Birmingham Fort stake (UK)

Henderson Global Investors has acquired a further 12.5% stake in the 27,870-m² Birmingham Fort Shopping Park increasing its interest in this asset to 50%. ...

REDEVCO acquires three Karstadt stores (DE)

On December 31 2010, REDEVCO Services Deutschland GmbH acquired three retail properties under long-term lease to Karstadt and Karstadt Sport. REDEVCO bought the buildings, located in Hannover, Munich ...

Invesco Real Estate and CILOGER invest €218 mln. in German retail portfolio (DE/FR)

Invesco Real Estate, the cross-border property investment manager, and CILOGER, the French société de gestion de portefeuille, are pleased to announce the purchase of 10 newly-built retail assets in ...

NSI expands its retail portfolio by acquiring Zuiderterras in Rotterdam (NL)

Nieuwe Steen Investments N.V. (NSI) has acquired Zuiderterras, part of the shopping center Zuidplein in Rotterdam, from IVG Institutional Funds GmbH.NSI's stake in the largest covered shopping center ...

Capital & Regional's Mall Fund sells Bristol asset (UK)

Capital & Regional plc has announced that the Mall Fund has exchanged contracts for the sale of The Galleries Shopping Centre Bristol to HSBC European Active Real Estate Trust for a price of £50. ...

Corio sells eight non-strategic properties for €142 million (NL/FR)

Corio has sold three properties in France and five non-strategic retail properties in the Netherlands for €142 million in Q4 2010. The disposals were part of Corio's plan to sell the French offices a ...

Hammerson portfolio reports strong Christmas trading (UK)

Prime shopping centers performed well over the festive period (December 26 (Boxing Day), 27 and 28) with Hammerson attracting 2.25 million consumers to its nine regional centers.December 27 was the bu ...

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