In the final jury meeting in Berlin on 17 March, the three finalists presented their business concepts: An innovative start-up based in Cologne was able to prevail against the competition and will now open a store in Alexa in November. … Continue reading
intu, owner of some of the country’s most popular shopping destinations, has agreed terms for Guess, which currently has 12 UK stores in the south and north west, to open a 3,853 sq ft store in the summer that will … Continue reading
The foodservice industry is expanding at an exponential rate with the amount of space dedicated to food growing from five percent a decade ago to 15 percent today. This trend is expected to increase to 20 percent by 2025, according … Continue reading
Union Investment has acquired the centre from open-ended real estate fund CS EUROREAL, which is managed by CREDIT SUISSE ASSET MANAGEMENT Immobilien KAG. The transaction also includes an adjacent office and retail property comprising almost 2,200 sq m that is … Continue reading
In early March, the sale of Citycon’s retail big box property Lade in Trondheim was closed. The property has five tenants and a gross lettable area around 8,600 sq m. The sales price was EUR 21m (NOK 183m) and the … Continue reading
The stage is set for Verona’s new shopping arena: On March 30, 2017, Adigeo, ECE’s new shopping center in Italy, opened to the public for the first time. On a leasable area of 47,000 sq m, more than 130 shops … Continue reading
The total purchase price adds up to around €200 million. The properties were purchased for the institutional real estate fund “Redos Einzelhandel Deutschland”. The fund was initiated by redos institutional GmbH and Union Investment, which provides capital management services. Among … Continue reading
