News

The CBXII office and retail complex in Milton Keynes has just changed hands in a deal worth £35 million ($44.7 million).

AmREIT Inc. has announced that it has finalized an agreement with Edens Investment Trust.

Retail sales in the UK have been strong this month, with clothing stores taking advantage of the cooler weather and supermarkets boosting sales with discounts.

ADLER Real Estate AG in Frankfurt has offered their agreement to obtain a majority share in a big residential property portfolio of around 6750 units.

The acquisition of an important North Dallas property has been completed by Cypress Equities, a Dallas developer, with plans to redevelop it in the future.

Macy’s is due to open its first brick and mortar store on foreign soil, in the Middle East.

It has taken 2 years of construction work but the brand new Park Vera Shopping Center in Ankara is now open to the public.

Marks & Spencer cites “unseasonable” weather as the explanation for the company’s 13th consecutive quarterly drop in sales and continued struggles.

Shopping center owners based in Perth are in expansion mode after going through four years of approvals and planning since the lifting of retail floor space caps.

It has been announced that sales at Westfield shopping centers located in New Zealand and Australia have seen an increase.

DTZ has made a transition in November, selling to a TPG Capital-led consortium

IKEA have therefore committed to spending almost 2 billion Euros to upgrade and expand stores throughout the Moscow area.