CANNES-One of Spain's top fashion chains announces it is to open at Brent Cross in North London. In a deal announced at MAPIC, Inditex subsidiary Massimo Dutti is taking advantage of landlord Hammerson's 'Onestep' marketing promotion.
LONDON-Industrial floorspace vacancies have risen to the highest level since 1992. King Sturge's latest <I>Industrial & Distribution Floorspace Today</I> survey reports that available space has increased 5.1% since April 2002.
CANNES-Spanish developer AC Itaroa has sold a shopping centre development in Pamplona to Vallehermosa subsidiary Testa. It announced at MAPIC that it paid euro 75 million ($75 million)
CANNES-Developer Assetalia and hypermarket giant Groupo Eroski used MAPIC yesterday to announce a joint venture to build a massive new retail park outside Bilbao, Spain. Worth an estimated euro350 million ($350 million), park opening is due in 2005
CANNES-Italian state railways has won a gruelling 15-month tender to refurbish and manage three Czech railway stations including Prague Central Station. In return, it will control the running of these stations for the next 30 years
CANNES-The sad hulk of the Battersea Power Station in Central London is to get a complete revamp under new plans launched at MAPIC by developer Parkview International London. It is to become a 4.2 million-sf mixed-use destination, accessible by bridge from Victoria Station
CANNES-Old Mutual Properties has won a contract to provide leasing, marketing, facilities management and operational support services for retail complex Univermag Ukraina, which is now undergoing a $20 million renovation.
CANNES-Sonae Immobiliaria has chosen Cushman & Wakefield Healey & Baker as agent for its planned 645,000-sf Dortmund railway station project '3do'. First job is to secure anchor tenants
CANNES-Foot Locker, Villages Cinemas, Starbucks and Regis Corporation were among award winners at MAPIC organiser Reed Midem's annual ceremony for its standholders and delegates. The party afterwards at the Carlton Hotel went on until the small hours
LONDON-Prime rents in London's West End are set to rise in 2004, following a stabilisation in 2003. Despite recent gloomy comments about global recession from Chancellor Gordon Brown, the King Sturge West End report for 2002, quarter 3, is upbeat