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REDEVCO sells Savoy Court, London to USS for £45.4 million (UK)

REDEVCO UK has exchanged contracts with United Superannuation Scheme (USS) for the sale of Savoy Court in London's West End for £45.4 million (approx. €53 million). Savoy Court is located adjacent t ...

Edeka agrees €50 million sale and leaseback (DE)

Edeka Minden-Hannover, the largest among the seven regional Edeka firms, has sold a property package consisting of 17 buildings with a total value of approximately €50 million.The buildings are lease ...

Retail investment in France, a record-breaking high of 35% in 2010 (FR)

With €6.9 billion transacted in the first nine months of the year, the French commercial real estate investment market has registered a 41% increase compared to the same time last year and has gained ...

Turin comes to London to unveil massive post-Olympics project (IT/UK)

Mayor of Turin, Sergio Chiamparino will be in London on Wednesday December 1 to launch a massive post-Olympic regeneration of the Northern Italian city of Turin spurred by massive investment in a new ...

ICSC throws open doors to retail contest (EU)

The International Council of Shopping Centers (ICSC), the world's largest retail real estate membership organization, is throwing open the doors of its 2011 European conference to the world's most inn ...

Gruppo Percassi's Sicilia Fashion Village opens (IT)

Sicilia Fashion Village, developed by Gruppo Percassi, owned by Antonio Percassi, one of the most important players in the Italian real estate sector, opened on Friday November 26, 2010. ...

CBRE: Germany top of the shops for retailer expansion in 2011 (DE)

Strong economic growth and a relative lack of international retailers are two of the reasons Germany has been selected as the number one target destination for retailers looking to expand their intern ...

Hammerson acquires Wrekin Retail Park, Telford (UK)

Hammerson has acquired Wrekin Retail Park, Telford, for £42 million (approx. €49 million) including acquisition costs. The vendor is Legal and General Property, which has owned the park since its de ...

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