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REDEVCO acquires prime retail property in the heart of Budapest (NL/HU)

REDEVCO has purchased a 6,250-m² prime retail property in the heart of Budapest's city center from ING Real Estate Development for €44 million. The property is located at 1 Vörösmarty Square, Buda ...

Bank Austria grants €70 million loan for Serdika Center Sofia (BG/DE/AT)

Sparkassen Immobilien AG and ECE Projektmanagement have concluded a financing agreement with Bank Austria for the Serdika Center in the Bulgarian capital Sofia. The loan amount totals €70 million; th ...

Eurohypo finances Rockspring's purchase of shopping center portfolio (DE/UK)

Eurohypo AG, Europe's leading commercial real estate lender, has provided £68 million (approx. €78 mln.) in financing to Rockspring for the purchase of four regionally located shopping centers.The p ...

Metro Shopping Fund sells Notting Hill Gate Shopping Centre for approx. €149 mln. (UK)

The Metro Shopping Fund (Metro fund), the 50/50 London based retail joint venture between Land Securities and Delancey, announced today that it has completed the sale of the Notting Hill Gate Estate f ...

£15 mln. expansion plan to bring Primark to The Bridges, Sunderland (UK)

Land Securities, owner of the Bridges, has confirmed its intention to embark on a £15 million expansion within the center. A planning application to deliver a three-story 60,000-ft² (approx. 5,500-m ...

Rhein-Galerie Ludwigshafen: new inner-city attraction opens today (DE)

One of the most modern and architecturally sophisticated inner-city shopping centers in Germany opened today, Wednesday September 29, 2010, at 8 am, after a two-and-a-half-year long construction perio ...

New tenants in Galeria Victoria (PL)

Keen Property Partners Retail (KPP Retail), the developer of the unique and beautiful Galeria Victoria entertainment and retail center in Walbrzych, has signed agreements for the lease of retail space ...

Savills: London and Paris see yields move in as retail shows signs of stabilizing across Europe (EU)

The UK has seen signs of prime yield stabilization in the retail sector with further hardening forecast, according to international real estate advisor Savills. The firm reports that prime London shop ...

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