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Multi Development restarts construction of New Karolina (CZ)

Multi Development announced the restart of construction of its major inner-city development in Ostrava. Construction workers are now returning to the large site in the city center. This follows Multi' ...

W.P. Carey completes second tranche of €74 million sale leaseback with Eroski (ES)

W.P. Carey & Co., a global investment management company that provides long term sale leaseback and build to suit financing for companies, announced that CPA®:17 – Global, one of its publicly he ...

TriGranit wins the two major regional awards (PL)

Bonarka City Center, the Hungarian majority owned TriGranit's latest development was awarded by the property professionals. The largest urban center in southern Poland became the laureate of one of th ...

Union Investment acquires majority stake in Alexa shopping center (DE)

Union Investment has finalized the agreement with Sonae Sierra and Foncière Euris/Rallye to become the new majority owner of Alexa in central Berlin. Each of the investors had a 50% share in the prop ...

Simon Property Group makes US $10 billion offer to acquire General Growth (US)

Simon Property Group, Inc. announced that it has made a written offer to acquire General Growth Properties, Inc. (OTC Pink Sheets: GGWPQ) in a fully financed transaction valued at more than US $10 bil ...

Second annual EuropaProperty CEE Retail Real Estate Awards Gala (PL)

The second annual EuropaProperty CEE Retail Real Estate Awards, which highlighted the best commercial retail real estate companies, retailers and projects in the CEE region for 2009, upped the ante at ...

Three new ISO accreditations for McArthurGlen's UK centers (UK)

McArthurGlen, Europe's leading developer, owner and manager of designer outlets, has been awarded three further ISO 14001 accreditations in the UK. The internationally recognized ISO 14001 standard, g ...

Big projects back at MIPIM 2010 (FR)

MIPIM 2010 is set to welcome a host of new real estate projects as the international property market emerges from the global financial downturn. Delegates to MIPIM 2010 will discover a complete range ...

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