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Property company Atrium Ljungberg has today signed an agreement to sell the shopping centre Farsta Centrum in Stockholm. This deal includes a rental value of SEK 310 million and more than 100,000 m2 letting area. The purchase price is based on an underlying property value of SEK 3,979 million. The purchaser is Stadsrum Fastigheter AB.

Unibail-Rodamco-Westfield (URW) will build the three planned hotels (Pullman, Novotel & ibis Styles) in Westfield Hamburg-Überseequartier in cooperation with the travel and lifestyle group Accor and the real estate developer B&L Group. From end of 2022, the Accor hotel brands Pullman, Novotel and ibis Styles will open around 830 rooms in the mixed-use district on the river Elbe.

“Clearly, our industry has a responsibility to find solutions and reduce carbon emissions. It is time to stop talking and, instead, to act responsibly, act collectively, and act now.”

The industry’s magic word that is supposed to upgrade locations and make them future-proof.

Yurdaer Kahraman, CEO and Board Member of FİBA Commercial Properties and Member of the ACROSS Advisory Board, receives three to four purchase offers each month. He meticulously evaluates each offers.

In a 50:50 joint venture, SIGNA and Central Group acquire the Swiss luxury department store chain “GLOBUS“, along with eight associated real estate properties at top inner-city locations from the Migros-Genossenschafts-Bund (MGB).

In a 50:50 joint venture, SIGNA and Central Group acquire the Swiss luxury department store chain “GLOBUS“, along with eight associated real estate properties at top inner-city locations from the Migros-Genossenschafts-Bund (MGB).