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€200 million Rathaus-Galerie in Leverkusen opens today (DE)

A glass rotunda visible from great distances is the architectural flagship of the new Rathaus-Galerie in Leverkusen, Germany, which opens today, February 24, 2010 after a construction period of two ye ...

Brand Empire to bring new Spanish fashion parade to the UK (UK)

Land Securities, through its subsidiary Brand Empire, has announced today that it has agreed terms with Grupo Cortefiel, one of Spain's largest and leading fashion retailers, to bring three of its cor ...

Moodys/REAL All Property Type Aggregate Index measures 4.1% increase in December (US)

The Moody's/REAL All Property Type Aggregate Index measured a 4.1% increase in commercial real estate prices in December 2009. This marks two consecutive months of price gains, and is the largest mont ...

Benson Elliot makes first UK acquisition in Milton Keynes for €23.5 million (UK)

Benson Elliot Capital Management, the leading private equity real estate firm, has exchanged contracts on the acquisition of CBXII, Midsummer Boulevard, Milton Keynes. The property has been acquired f ...

McArthurGlen opens its fifth designer outlet village in Italy (IT)

La Reggia Designer Outlet near Naples has attracted some of Europe's best-known brands. It also features one of Europe's biggest solar energy schemes ever used in the retail sector. Once the second ph ...

Sjælsø sells three retail projects in Sweden at €43 million (SE)

Sjælsø has entered into an agreement with Alecta Pensionsförsäkring about sale of three retail projects in Sweden at SEK 427 million (approx. €43 million).Alecta is one of the largest pensions in ...

Average retail rents continue to decline but should soon stabilize (UK)

Average retail property rents declined just over 8% in 2009 says Cushman & Wakefield. In its latest quarterly update on the UK market, the property adviser says that although rents declined by a f ...

Neinver Outlet Centres bucks trend, increases Y-O-Y sales in Europe by 28% (EUR)

NEINVER, the second largest operator in Europe, with eleven outlets centers and more than 1,000 stores, has increased the turnover of the outlet centers it operates in Italy, Germany, Spain, Poland an ...

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