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REDEVCO acquires prime retail property in York (UK)

REDEVCO United Kingdom has purchased the freehold investment of a prime retail unit at 48 Coney Street/8-10 Market Street in York for £8.8 million (approx. € 9.7 million). The York property was purc ...

Sonae Sierra Brasil and Grupo Marco Zero start construction of Boulevard Londrina Shopping (PT/BR)

With a total investment of €97 million, Sonae Sierra Brasil and Grupo Marco Zero have started construction of Boulevard Londrina Shopping. Scheduled to be inaugurated in 2012, the new development is ...

REDEVCO completes redevelopment of Seine Rivoli in the center of Paris (NL/FR)

The opening of the flagship Célio and Jennyfer stores, part of a European fashion chain for men and women with 1,400 stores worldwide, marks the completion of this ambitious project. In the basement, ...

New European shopping center openings slow to lowest rate since 2005 (EU)

The number of new shopping center openings in Europe has slowed to the lowest rate since 2005, according to new research from Cushman & Wakefield. Just 2.1 million m² of shopping center gross let ...

ICSC: Lack of local experience hampers early CEE retail expansion (EU)

International retailers are being frustrated in their ambitions to expand into countries across Central and Eastern Europe as they fail to find local partners who understand the scope of their expansi ...

Immofinanz closes US $100 mln. refinancing deal for two properties in Moscow (DE/RU)

Immofinanz Group has closed a US $100 million refinancing deal with Nordea, one of the leading banks in the Scandinavian and Baltic region, for the Golden Babylon 1 and Golden Babylon 2 shopping cente ...

Henderson Global Investors disposes of further 25% stake in the Brewery, Romford (UK)

Henderson Global Investors, on behalf of the £1-billion Henderson Retail Warehouse Fund, has completed the sale of a further 25% stake in the Brewery in Romford to PRUPIM, on behalf of its M&G Po ...

Park Avenue scores hat trick of new lettings (ES)

Park Avenue, one of Northern Spain's leading fashion outlet centers, has announced a hat trick of new lettings. Nam restaurant and fashion retailer Blue Rise will both be opening units this month, whi ...

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