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F&C REIT purchases Homebase retail warehouses for €19.9 million (UK)

F&C REIT Asset Management has exchanged on retail warehouses in Ipswich and Luton, both let to Homebase, for a combined £18 million (approx. €19.9 mln.). The two retail warehousing units, let to ...

Warsaw Business Journal names Echo Investment Real Estate Investor of the Year 2009 (PL)

Warsaw Business Journal ranked the obtaining of €100 million financing for Galeria Echo of Kielce among the biggest and most crucial events of the last year and awarded Echo Investment the title of " ...

Aberdeen acquires office and retail building in Turku from REDEVCO (FI)

Aberdeen European Balanced Property Fund has acquired the Turun Sampotalo property from REDEVCO. Sampotalo is a prime landmark building located along the principal shopping street in Turku CBD, Finlan ...

US and Japan to lead pick up in distressed properties

The US and Japan are set to see the biggest rise in distressed sales in the first quarter of 2010, says RICS research published on the 1st of March 2010. Real estate professionals expect the number of ...

International retailer to speak at ICSC Russian Retail event (RU)

Aniko Kostyal, Expansion Director for Northern Central & Eastern Europe at international clothing retailer MANGO will be the keynote speaker for the International Council of Shopping Centre (ICSC) ...

Corio acquires factory outlet development in France (FR)

Corio acquired 75% of the shares of the factory outlet development Moulin de Nailloux in the Toulouse region for €44 million, at a net yield of 8.4%, for the first phase. The remainder of the shares ...

Wolsey Place Shopping Centre sold to local council for £68 million (UK)

Jones Lang LaSalle's Shopping Centre Investment team has advised IM Properties on the sale of Wolsey Place Shopping Centre in Woking to Woking Borough Council for £68 million (approx. €75.8 mln.) re ...

Multi Development in the Netherlands to sharpen focus on retail (NL)

Multi is going to improve its focus on only developing multi-functional shopping centers and inner-city revitalization projects with retail at their heart.To assist this strategy Multi has sold its of ...

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