STOCKHOLM-Outlet mall operator Freeport has opened its first scheme in Sweden with the completion of its 183,000-sf centre at Kungsbacka near Gothenburg.
LONDON-Work has started on one of the last outlet mall schemes in the UK in the former naval dockyard at Chatham in Kent. The UK market as a whole is close to saturation but developer Dockside Developments believes there is room for another scheme to the east of London.
LONDON-The latest figures on property lending from the Bank of England show that financial institutions are still increasing their commitment to the property sector with loans to the property sector reaching record levels.
LONDON-DFS Furniture, Britain's leading upholstery manufacturer and retailer, has taken a 120,000-sf unit at Teesland and Clugston Estates' Redhouse Interchange as a new factory and office complex.
ATHENS-The office market in the Greek capital is set for a record year in 2001, with new research from FPD Savills suggesting that take-up will reach an unprecedented 1.3 million sf.
ATHENS-The office market in the Greek capital is set for a record year in 2001, with new research from FPD Savills suggesting that take-up will reach an unprecedented 1.3 million sf.
LONDON-Office Vacancies in the M25 London suburban office market are beginning to rise following a slump in take-up during the third quarter of 2001, according to DTZ research
LONDON-Availability of office space in Central London rose by 25% in October, according to new research from DTZ Debenham Tie Leung. Although vacancies are still at historically low levels, the level is growing fastest in the City and Docklands.
LONDON-The electronics giant Marconi, which has seen its share price collapse since the summer, has sold off a mixed portfolio of property investments to St Modwen Properties.
LONDON-British Land has unveiled plans for a $1.25 billion bond issue securitising the rental income from its Meadowhall shopping centre in Sheffield, South Yorkshire.