Search Results for: property – Page 39

Citycon Oyj assesses that its prospects for 2020 have weakened and withdraws its guidance for 2020 issued on 6 February 2020. At this point, the company does not specify its direct operating profit, EPRA EPS or adjusted EPRA EPS forecast for this year in more detail due to the uncertain market situation.

Vastned, the listed European retail property company focusing on ‘venues for premium shopping’, published an update on the situation caused by the COVID-19 virus.

Chapman Taylor, acting for Linkcity, was responsible for the masterplan and architectural design of Castle Park View, and is now working with Bouygues UK on the construction phase and interior design, which will be operated by M&G when it completes in 2022.

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.

M1 Kraków Shopping Centre managed by Metro Properties Poland wins the main award in the category “Commercial project: In- Use” presented by BREEAM. The best of BREEAM 2020 awards honors exceptional sustainable places and project teams.

JSE listed EPP released results for the year ended 31 December 2019, with distributable income earnings up by 9.6% and distributions of EUR 11.62 cents per share. EPP’s net property income for the year is up by 3.8% to EUR 148 m, with distributable income of EUR 105.5 m.

Erik Florman is to become the new Head of Sustainability at Kungsleden. He was most recently employed as group manager for sustainable business development at Skanska.

ECE is acquiring a portfolio with more than 2,000 units.

Sierra Prime is a €1.8Bn strategic joint venture invested in prime Iberian shopping centres.

Trei Real Estate GmbH, a developer and asset holder for residential and retail real estate, just opened the 16th retail park of its Vendo Park format in Poland. The retail park is located in the town of Jawor in the Lower Silesian Voivodeship.

Capital & Regional (C&R), the UK’s leading owner and manager of community retail centres, announces the opening of the UK’s largest gym operator, PureGym, at the Marlowes Shopping Centre in Hemel Hempstead.

Atrium European Real Estate Limited, a leading owner, operator and redeveloper of shopping centres and retail real estate in Central Europe, reports its financial results for the year ended 31 December 2019 and the outcome of its strategy review.

Capital & Regional, the convenience and community focused shopping centre REIT, announces the appointment of David Hunter as non-executive chairman, which is proposed to take effect at the conclusion of the 2020 Annual General Meeting on 20 May 2020.

ABG, Simon, and Brookfield forge a strategic partnership to acquire Forever 21.

Trei Real Estate GmbH successfully continued to expand its business in 2019.