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RED secures financing for the first Cadran commercial center in Romania (RO)

Immorent has funded RED's first Cadran commercial center that is to be developed in Husi, North East Romania. The €8 million financing is being provided by Immorent Romania, part of Erste Group A.G. ...

Union Investment makes property acquisitions totalling €1.6 billion (DE)

The portfolio expanded with focus on European core markets and major investment in sustainable buildings. Union Investment was again one of the most active players in the European real estate market i ...

CBRE appointed property manager for Deka Immobilien France Portfolio (FR)

CB Richard Ellis today announced that it has been appointed by Deka Immobilien GmbH as a property manager on half of its portfolio of properties in France. CBRE will manage 12 office, retail and logis ...

Prime yields under downward pressure across Europe (EU)

Widespread falls in prime yields were seen across the main European real estate markets in the final quarter of 2009, according to the latest data from CB Richard Ellis. Almost none of the locations c ...

Citycon launches construction of Myllypuro shopping center (FI)

Citycon Oyj will build a new shopping centre in Myllypuro, Helsinki. In addition, 255 rented and right-of-residence apartments, all privately financed, will be built in conjunction with the shopping c ...

MGPA Europe Fund III invests up to €236 mln. in prime retail assets in Poland (PL)

MGPA, the private equity real estate investment advisory company, announces that it has completed the acquisition of two new shopping centres in Poland and has taken an option over a third from DTC Fi ...

ICSCs Retail Connections a hit with international retailers (UK)

More international retailers than ever before plan to attend the International Council of Shopping Centers (ICSC)'s Retail Connections event, being held for the third year in London. Well over 100 ret ...

Deutsche EuroShop acquires A10 Shopping Center near Berlin (DE)

The shopping center investor Deutsche EuroShop has acquired the A10 Center in Wildau near Berlin from the liquidator (Prof. Rolf Rattunde, law firm Leonhardt Westhelle & Partner) of the previous o ...

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