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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 ...

AM alpha GmbH completes €150 million acquisition of prime commercial building in Shanghai (CN)

AM alpha GmbH announced that it successfully completed the purchase of Tianchen Rose Plaza for an estimated €150 million. The transaction was advised and negotiated by AM alpha (Singapore) Pte. Ltd., ...

Galeria Korona Kielce will provide unusual architecture and metropolitan style (PL)

Galeria Korona Kielce will be situated in the very center of the city, within a triangle formed by Warszawska, Polna and Radiowa Streets. The building will be accessed through entrances from Warszawsk ...

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