ACROSS: ATRIUM’S PORTFOLIO ROTATION IN THE CZECH REPUBLIC STANDS OUT. HOW DOES YOUR PORTFOLIO STRATEGY LOOK IN THAT COUNTRY AND MORE GENERALLY? JOSIP KARDUN: The Atrium real estate portfolio is almost €3bn in value and we have about 380 employees. … Continue reading
The current footfall is 10.5 million and continues to grow. Cushman & Wakefield advised Orion Capital Managers. Partner, Head of Capital Markets Retail in Cushman & Wakefield, Rupert Lea commented: “Plenilunio is the major shopping center for all retailers looking … Continue reading
The mall was developed by TriGranit Development Corporation, one of the largest privately owned development corporations in Europe. The loan for Bonarka City Center was closed on February 27, 2015. Opened in 2009 with a total area of around 92,500 … Continue reading
The property has a gross floor area of 115,000 sq m and is located on the site of a former military barracks in the center of Prague’s old city. “We were able to take advantage of the currently very high … Continue reading
The acquired portfolio includes seven well-known office and retail properties in Tallinn, Riga, Vilnius, Kaunas, and Klaipeda totaling approximately 112,000 sq m of lettable space, as well as the large Young City urban regeneration site on the Gdansk waterfront including … Continue reading
The property is to be acquired on behalf of TIAA-CREF and represents its first acquisition in the Nordic region. The mall comprises a 19,847-sq-m shopping center, a complementary adjacent 6,137-sq-m retail park, and around 1,500 parking spaces. Constructed in 2002, … Continue reading
The asset has been acquired by the Baltic Opportunity Fund, managed by Northern Horizon Capital. The value of the deal was not disclosed. The mall is located in the business hub in central Vilnius and has some 22,600 sq m … Continue reading
BY MANUEL JAHN We estimate Germany’s retail park market, consisting of 250 retail parks, to be worth around €12 billion based on object-specific sales area productivity and feasible rent-to-sales ratios. With a 20% share of current transaction volumes within retail … Continue reading
The transition of the object, built in 2005/06, to TLG’s portfolio is scheduled for January 31, 2015. The retail park is located on Berlin’s Adlergestell, an important axis between Alexanderplatz and the new Berlin Brandenburg Airport in the southeast. The … Continue reading
The acquisition was financed using existing cash resources and is in line with Atrium’s strategy to become the dominant player in its core markets of Poland, the Czech Republic, and Slovakia through purchases of strong income-producing shopping centers that complement … Continue reading
The new five-year facility has been provided by ING, an existing lender for TH Real Estate, on competitive terms. Islazul is the second-largest shopping center in Madrid; the center totals 260,000 sq m with a GLA of 90,000 sq m. … Continue reading
In the purchase and sale agreement, the parties agreed not to disclose the sale price for confidentiality reasons. According to Fernando Oliveira, CEO of Sonae Sierra, “this sale is part of Sonae Sierra’s capital recycling strategy based on the sale … Continue reading
It allows Carrefour to reinforce its presence across France to better serve its clients. The integration of Dia by Carrefour is now entering a new stage. The teams will work closely together to define priorities and continue their long-term development.
In her new function, Ewa Szafranska-Madry will be responsible for the development of the company’s property portfolio in Central and Eastern Europe. She will support existing business areas and promote new ones, including property acquisition and developing the company’s range … Continue reading
London Designer Outlet is unique due to its combined formula of retail and leisure in a city location – next to the world-famous Wembley Stadium. It has proved that outlets can be about much more than an out-of-town retail alternative. … Continue reading
Viaduc Village wants to be the symbol of a new generation of outlet shopping. The outlet center, developed by Etche France Group, will open its doors at the beginning of 2016. It is located at a prime location at the … Continue reading
“We have always been committed to protecting the environment and climate and to improving socio-economic quality on site. Successfully functioning energy and environmental management systems enable the sustainable and largely environmentally friendly use of resources. For this reason, we are … Continue reading
In just under 12 months, the retailer has signed for a total of 560 sq m of new space, with new acquisitions including Freeport Braintree and three McArthurGlen sites. Sheridan has taken 160 sq m in Swindon as part of … Continue reading
McArthurGlen Designer Outlet Málaga, a development project worth €115 million, will be the first designer outlet in southern Spain. After its complete opening, it will offer 30,000 sq m of GLA. The center will be developed in two phases: The … Continue reading
The three properties have been acquired at an initial yield of 8% and offer attractive return prospects. Hammerson owns a 47% stake in VIA Outlets and the newly purchased properties and will contribute €57 million towards this acquisition. Alcochete is … Continue reading
