Yearly Archives: 2017

Smiggle chooses Dundrum for Ireland debut

Since its London launch in 2014, Smiggle’s brand of colourful, fun and fashion-forward stationery has expanded rapidly in the UK, opening 90 stores, with Hammerson welcoming the brand’s first Scottish store to its Silverburn centre in Glasgow last year. At … Continue reading

Major retailers expanding presence at Brent Cross

Following recent upsizings by O2 and Pandora, a further three retailers have taken additional space, continuing the growing trend for major retailers looking to showcase their full brand offering and create compelling customer experiences in prime retail destinations. At Brent … Continue reading

Tous in Galeria Libero

“Tous is a brand which was created for the people who appreciate quality, timelessness as well as fantasy in jewellery. We create products for women who like to have fun with fashion. The TOUS brand and its excellent symbol carry … Continue reading

Hammerson pioneers new technology in successful app trial with Cortexica

The FindSimilar feature is an initiative that aims to enhance the shopping experience, increase shopper engagement and drive footfall by delivering an intuitive and convenient way of browsing thousands of products offered by retailers in shopping centres. Users can take … Continue reading

Real I.S. AG acquires retail centre in Parsdorf near Munich for Real I.S. Grundvermögen

The seller of the property, which has a rental area of more than 6,200 sq m, is Activ Center Parsdorf GmbH. The parties have agreed to keep the purchase price confidential. The retail stores, which opened in 2016, are housed … Continue reading

Russell & Bromley to debut in Birmingham at Bullring

Opening its all-important first store in the city, Russell & Bromley will be offering its full range of luxury footwear and handbags for women and men with a 260 sq m unit on the upper east level of the mall. … Continue reading

Announcing: the Winner of the “First Store by Alexa” Competition Cologne’s HOLYMESH

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

Guess who’s joining intu Metrocentre’s aspirational retail mix now

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

Foodservice Delivers Halo Effect for Retail Real Estate

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 acquires Rathaus-Galerie in Leverkusen

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

RETAIL TRANSACTION IN TRONDHEIM, NORWAY

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

ECE shopping center: New Adigeo opens in Verona

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

redos acquires 13 retail properties for around €200 million

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

HB Reavis set to begin work on Stanica NIVY a new supra regional shopping destination for Bratislava

The project will play a significant role in reviving this part of the city and will create a new social hub with an excellent retail mix, outstanding services along with a fantastic food offer. Designed by London architects Benoy and … Continue reading

IT IS ALL ABOUT PEOPLE…

I entitled my last article “It’s all about stomachs.” I explored the reasoning, logic, and planning around a foodservice offer that could fully deliver for guests, finding the right product, at the right price, in the right place. This time, … Continue reading

A Whole 105,000 sq m More

At the beginning of February, Horus Group announced the commencement of construction on a large shopping mall named Salaris on the Kiyevskoye highway. And “large” is no hyperbole: Set to become the “gate” to New Moscow, Salaris will boast around … Continue reading

“In perfect harmony with its surroundings”

In an interview with ACROSS, Jorge Morgadinho, Director Conceptual Design & Architecture, explained how he is making use of the unique location on the Danube. ACROSS: Eurovea is being enlarged by 25,000 sq m of prime retail space GLA. How … Continue reading

Shopping at the Station

Major train stations have long been established locations for retail and catering thanks to their extremely high traveler and visitor frequency. What’s special about this is that the properties were designed primarily to serve a transport function, with the shopping … Continue reading

Uplace Brussels’s Long Road to Building Permission

Relax in the wellness area. Watch a movie in the cinema complex. See a concert or a play in the 3,000-seat theater. Eat and drink in one of the 50 innovative bars and restaurants. Experience entertainment attractions new to Belgium. … Continue reading

A Philosophical Temple of Consumption

45,000 sq m of built-up area and 1,250 parking spots with the opening planned for October 2019. Those are some of the key data about the Zenon Mall of Larnaca, which is being built in the eponymous city, Cyprus’s third-largest. … Continue reading