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
Another company that has opened its store there is Napoleoni. This shoe factory was established in the early 1970s by Fontilio Napoleoni, who decided to create his own brand after years of working in the footwear sector. He makes footwear … Continue reading
ACROSS: THE TRIUMPHAL MARCH OF OUTLET CENTERS CONTINUES UNABATED. IN WHICH EUROPEAN COUNTRIES IS THE MARKET ALREADY SATURATED AND IN WHICH IS THERE STILL SOME POTENTIAL LEFT? BARBARA TOPOLSKA: Over the past two years, we have seen a growing interest … Continue reading
Changes in the multibrand chain “50 style,” which were launched in 2014, include relocating shops to prestigious malls. A good example is the opening of a franchise “50 style” store in Ostrol/e˛ka in the Masovian Voivodeship at the end of … Continue reading
BY JÖRG F. BITZER Whereas the “official” numbers showed a “stable 8400 delegates from 75 countries,” a few – admittedly very personal – impressions of the three days on the Cote d’Azur paint a slightly different picture: There was a … Continue reading
ACROSS: BIK BOK IS PART OF THE VARNER GROUP. WHAT ROLE DOES THE BRAND PLAY WITHIN THIS GROUP? CAMILLA HØYMER STEEN: Bik Bok is the only chain in the Varner Group targeting young girls. ACROSS: WHO IS YOUR TARGET GROUP? … Continue reading
ACROSS: PLEASE GIVE US A SHORT INTRODUCTION TO EYE SPORT. ALESSANDRO ARIU: EYE Sport is an Italian brand of sportswear, produced and distributed by Double A s.r.l. and has been active in the international market since April 2006. It specializes … Continue reading
ACROSS: PLEASE GIVE US A SHORT INTRODUCTION TO CITYFIT. NICHOLAS MOSES: CityFit introduces a business concept into the Polish market that has been enormously successful and popular – not only in Europe. We focus on core fitness, without additional features … Continue reading
BY JÖRG F. BITZER In Europe, many take the opening of the Main-Taunus-Center (close to Frankfurt, Germany) in 1964 as the beginning of the history of modern shopping centers on this continent. Some department stores, like Breuningerland in Stuttgart, Germany, … Continue reading
ACROSS: YOUR BUSINESS CUSTOMIZES SHOPS, STORES, AND MERCHANDISE WORLDS. WHAT DOES THAT MEAN, EXACTLY? WHAT SERVICE PORTFOLIO DO YOU OFFER YOUR CUSTOMERS? MARKUS SCHWITZKE: It is our philosophy to provide our customers – brands, dealers, and even shopping centers – … Continue reading
