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ING REIM Europe announces successful first closing of European Shopping Center Fund (EU)

ING Real Estate Investment Management Europe (ING REIM Europe) has had a first closing for its European Shopping Center Fund (ESCF), a closed-end seven-year lifetime, private real estate fund that wil ...

Multi Development opens Forum Kayseri with Union Investment (TR)

Forum Kayseri, designed and developed by Multi Development Turkey, the shopping center market leader in Europe and Turkey, together with Union Investment, opened its doors on December 21, 2011. ...

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. ...

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