Land
Securities, through its subsidiary Brand Empire, has announced that it
has ended its agreement with Grupo Cortefiel, one of Spain’s largest and
leading fashion retailers, and has closed the eight stores currently
trading in the UK.
The
deal with Grupo Cortefiel was agreed in February 2010 and covered three
brands; Cortefiel, Springfield and women’secret. The first stores
opened in September 2010 and only eight stores were opened in total, all
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YOUNIQ
AG, the leading provider of high-quality student apartments in Germany,
has acquired an undeveloped plot of land of around 9,000 m² in Potsdam
along with planning permission.
A
total of 388 new apartments with around 7,760 m² of rentable space are
to be created in the Kiepenheuerallee directly next to the campus,
entailing €26 million of investment volume.
The project is due to be completed and rented prospectively by 2013. The
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In exchange for liquidated of the multifunctional complex with the area more than 278000 sq. m at Tverskaya Zastava AFI Development will receive from the Government of Moscow three sites near the metro station "Belarusian» under construction of three office buildings with the total area 170000 sq. m.
Earlier AFI Development planned to build in the reconstruction of Tverskaya Zastava the transport interchanges, underground shopping mall and the parking with the total area mor
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