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Sirosa buys freehold interest of Liberty flagship for €46.3 million (UK)

Sirosa Liberty Ltd, advised by international real estate advisor Savills, has bought the freehold interest of London department store Liberty for £41.5 million (approximately €46.3 million), reflect ...

COMFORT wins the Immobilienmanager Award 2010(DE)

Retail property specialist, COMFORT, has won the Immobilienmanager Award 2010 in the category of Property Agent. The main reason for the jury's decision to present the award to COMFORT was its agency ...

Corio acquires shopping center Le Vele in Italy for €103.3 million (IT)

Corio acquired 'Le Vele shopping gallery and Millennium Entertainment center in Cagliari on Sardinia for €103.3 million at a net yield of 7.0%. The total shopping center comprises 44,400 m² GLA and ...

Sonae Sierra reduces water consumption by 11.6% worldwide

On the occasion of the World Water Day, Sonae Sierra – the international shopping centre specialist – publishes its water results for 2009 and reveals its dedication to the careful use of precious d ...

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 ...

European Public Affairs Committee to meet with retailers regarding policy priorities (BE)

ICSC's European Public Affairs Committee (EPAC) will hold its next meeting on 12 April in Brussels. The EPAC meets regularly to discuss developments in EU policy that potentially affect the retail pro ...

CDS delivers the new 45,000 m² IKEA megastore in Baronissi (IT)

The new IKEA megastore in Baronissi (Salerno) with a commercial area of 45,000 m² and 70,000 m² of landscaping and parking, at an investment of over €50 million, was built by CDS Holding, which ass ...

Investors see 2010 as the time to target prime European real estate (EUR)

CB Richard Ellis Group, Inc. announced the results of a survey of more than 270 European real estate investors, revealing their intentions for the timing and focus of their investment activity over th ...

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