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ICSC: Are outlet centers facing their first real crisis? (EU)

Tenant demand for outlet development in new markets continues to grow as designer outlet sales hold strong, but this asset class has serious competition from clicks as brands move to liquidate some of ...

Henderson Global Investors acquires mixed-use site in Glasgow (UK)

Henderson Global Investors, on behalf of its RZVK-Immo-Fonds, for its German joint venture Warburg - Henderson, has acquired a 4,050-m² mixed-use site in Glasgow. The site is located at 61-79 ...

Galaxy chosen as Shopping Center Of The Year 2010 (PL)

The Galaxy shopping and entertainment center has been awarded a prize by the Polish Council of Shopping Centres (PRCH) in 'The Shopping Center Of The Year – Management and Operations' category. The G ...

IPD: UK commercial property markets delivers muted growth (UK)

UK commercial property markets managed another shallow month of capital growth, at 0.2%, according to September's IPD UK Monthly Index. The 12-month change in capital growth is now 14.2%.Last month's ...

SEB ImmoPortfolio Target Return Fund acquires equity interest in Singapore (DE/SG)

SEB Asset Management is increasing its exposure in Asia. It has acquired the well-known Chinatown Point shopping center in Singapore via a joint venture with Asian partners. 30% of the transaction is ...

UK shopping center development pipeline dries up (UK)

The number of new shopping centers being completed in the UK this year is likely to fall by around 40% below the 10-year annual average, according to new research from Cushman & Wakefield. Just 80 ...

William Pears and LaSalle Investment Management acquire Notting Hill Estate for £131 mln. (UK)

William Pears Group and LaSalle Investment Management (LaSalle) have announced the purchase of the Notting Hill Estate from Land Securities and Delancey. The Notting Hill Estate is situated along Nott ...

TK Maxx continues Poland expansion (PL)

Retail giant, TJX Europe continues its expansion plans of off-price fashion retailer TK Maxx with the opening of two new fashion stores in Warsaw, Poland.The first of the two is a new flagship store l ...

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