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Multi Development granted €98.475 million loan for building Nová Karolina Shopping Center (CZ)

A syndicate of banks comprised of Ceska Sporitelna, ÈSOB, HYPO Investmentbank, and KBC Bank provided a syndicated loan of €98.475 million (approx. CZK. 2.58 billion) for the construction of the Novà ...

Government must send a clear signal on energy efficiency to property sector (UK)

The UK Green Building Council today (Friday) urged government to phase out the least energy efficient buildings by 2020 and to roll out Display Energy Certificates (DECs), which give an A-G rating on ...

Shopping Centers rewarded for setting good example (EU)

The International Council of Shopping Centers (ICSC) is calling for entries for the 2010 European Community Support Award, worth $5,000. Established in 2008 by The ICSC Foundation, the charitable arm ...

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 ...

Arab Investments acquires Sankt Annen Galerie in Brandenburg an der Havel for €53 million (DE)

For its second German fund Arab Investments Ltd. London has acquired Sankt Annen Galerie in Brandenburg an der Havel from HGHI Berlin - High Gain House Investments GmbH - for approximately €53 millio ...

Land Securities announces start of a £655 million West End development program (UK)

Land Securities has today announced the start of a £655 million (approx. €750.3 mln.) West End development programme with construction contracts agreed for three schemes, all due to complete by the ...

AFI Development announces a number of recent developments (RU)

AFI Development PLC, a leading real estate company focused on developing property in Russia and the CIS, announced a number of recent developments in its business plan for 2010 that reflects its objec ...

DTZ Echinox triples the size of their property management portfolio (RO)

DTZ has been appointed by Argo Real Estate to handle the property management of Shopping City Suceava and Shopping City Sibiu. By winning these two major retail schemes, DTZ triples the size of their ...

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