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Lack of prime shopping center space in EMEA to drive development pipeline (EMEA)

During 2009, almost 6 million m² of new shopping center space was developed across Europe, a 28% decline on 2008 levels, bringing an end to three years of consecutive development growth, according to ...

Icade sells its Italian branch to Arcotecnica R.E. (IT)

To keep in line with its decision to cease all non-strategic activities, Icade, in January 2010, entered into exclusive negotiations with the Arcotecnica Group, Icade's technical partner in Italy for ...

Confidence grows at MIPIM 2010 (FR)

Investor confidence, major city delegations and ambitious project presentations were all present in abundance in Cannes this week, as some 18,000 delegates from 81 countries met for business at the 21 ...

Union Investment acquires Lipinski Passage in Warsaw city center (PL)

Union Investment has acquired the office and shop premises "Lipinski" for one of its open-ended real estate funds for institutional investors. The complex is located in a prime location in Warsaw's c ...

Multi Corporation sells their 35% interest in Forum Mersin to Union Investment for €68 million (TR)

Multi Corporation and Union Investment have finalized an agreement to purchase the remaining 35% of the shares owned by Multi. Union Investment will be the 100% owner of the Forum Mersin shopping cent ...

ING Real Estate Investment Management launches European Shopping Centre Fund (NL)

ING Real Estate Investment Management (ING REIM) is pleased to announce the launch of the ING REIM European Shopping Centre Fund, an unlisted closed-end property fund with a 7-year lifetime. The ING R ...

Top 10 European hot spots revealed at MIPIM (FR)

Savills has revealed its top 10 European hot spots as investors divide into security hunters and risk takers. The international real estate advisor has analysed leasing trends and prospects, the state ...

Serdika Center in Sofia celebrates its opening (BG)

After a construction period of roughly two years one of the biggest shopping centers in South-Eastern Europe, the Serdika Center in Sofia, has opened its doors.The state-of-the-art shopping center has ...

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