Yearly Archives: 2017

Opening of the BWT Flagship Store in Moscow

From the design concept, to planning, to production, and from integrating digital tools to building contracting operations and installation — Umdasch Shopfitting demonstrated its full range of services. The result is a store in which water, the elixir of all … Continue reading

Eurovea2 moving ahead

The success of Eurovea is proved not just by still-increasing visitor number — almost 85 million in seven and a half years — but also by still-ongoing interest from tenants and brands in being a part of the project. The … Continue reading

Five Years of Mediation in the Czech Republic

By Jitka Kadlčíková These can include disputes between the shareholders of the development company, controversies between management and shareholders or between the managers themselves, and, most commonly, disagreements with third parties, such as neighbors, before the construction begins and during … Continue reading

NEWRIVER APPOINTS LAMBERT SMITH HAMPTON ON MAJOR UK PROPERTY MANAGEMENT INSTRUCTION

The instruction comprises seven shopping centres and two retail parks amongst other retail and leisure assets. Included are: Abbey Centre in Newtownabbey, Belfast; Priory Meadows in Hastings; and The Avenue in Newtown Mearns, Glasgow. They join other leading schemes that … Continue reading

Linstow Center Management and Multi Corporation kick off expansion of Alfa shopping centre in Riga

The project involves a total investment of EUR 55 million and is due to be completed in August 2019. Swedbank Latvia is the financial partner of the project and providing a EUR 40 million loan for the construction. “We are … Continue reading

Esplanade du Flon – the new meeting point in the Quartier du Flon

In order to ensure the highly diversified offer defining the district, Mobimo, owner of the place, is also very keen on maintaining and enhancing the high standard of its outdoor public spaces. L’Esplanade du Flon is a square located in … Continue reading

CBRE APPOINTS SIAN DOYLE AS HEAD OF BUSINESS DEVELOPMENT FOR UK RETAIL ADVISORY AND TRANSACTION SERVICES

Doyle joins from EE, the UK’s largest 4G network, where she was Director of Retail and responsible for leading and developing a retail team of over 3500 employess across 583 stores in the UK. With a successful career in the … Continue reading

Master Management Group acquires seven shopping centers

Master Management Group (MMG) has taken ownership of centers located in Kutno, Ciechanów, Piekary Śląskie, Józefosław, Lubin, Poznań and Szczecin. The company also manages Brama Mazur in Ełk and Galeria Niwa in Oświęcim, which together with the acquired centers account … Continue reading

GPEP AND UNIVERSAL-INVESTMENT ACQUIRE PORTFOLIO OF 34 PROPERTIES FOR BAYERISCHE VERSORGUNGSKAMMER

Bayerische Versorgungskammer (BVK) is the fund’s investor. Habona Invest GmbH is the seller of the properties. The parties have agreed not to disclose the purchase price. The acquisition is subject to antitrust clearance. The buyers were legally advised by Mayer … Continue reading

BMO Real Estate Partners expands investment and asset management teams with two new appointments

Kenneth, who will report directly to Richard Kirby, Director, Property Funds, will support the investment team and will be responsible for the analysis of acquisition opportunities for various BMO REP client mandates as well as single asset opportunities for the … Continue reading

NESPRESSO BOUTIQUE TO STEAM UP TOUCHWOOD

Due to open in November, the brand will be taking up a 2,000 sq ft unit adjacent to Pandora and high-end car brand Tesla. The modern and stylish boutique will join a thriving retail and leisure destination with an average … Continue reading

Thor Equities and AEW complete acquisition of 100 New Oxford St. in London for £180 million

The acquisition was funded through a mix of equity and a new £90 million debt facility with Bayerische Landesbank (BayernLB). AEW acquired its interest in the property on behalf of a joint venture between two German institutional investors. 100 New … Continue reading

Fully leased: New “FoodSky” at Europa Passage Hamburg opened

The entire top floor of the center was redesigned as part of a refurbishment project. The new food area comprises a food court with 15 food retailers and seating for about 400 guests as well as five further restaurants with seating … Continue reading

Kaufpark Eiche reopens after extensive refurbishment

Working in cooperation with HLG Gesellschaft zur Entwicklung von Handelscentren from Muenster, the New York-based investment company Madison International Realty and its German joint venture partner, the Hamburg-based redos Group, have significantly extended the existing shopping facilities as well as … Continue reading

Are Malls in Germany also Facing Death?

By Moritz Felix Lück and Manuel Jahn The augurs of the beautiful, new trade epoch proclaim that the brick-and-mortar trade will disappear—and with it, commercial real estate. Dead malls in the US are used as evidence. The argument is that … Continue reading

Do you know your customers?

Some trends are only recognized at a time when following them has long become a necessity – and not just an added bonus. One example is the process of gathering and analyzing information about customers, to utilize it correctly and … Continue reading

Big data and new metrics in shopping centers

By Jesús Hernández Esteban “24 million visitors in 2014.” “12 million people visited the XX shopping center in 2015.” “17 million placed their trust in us last year.” These are some of the headlines you can frequently read in real … Continue reading

THE NEW ECE FOOD EXPERIENCE     

                “The importance of F&B in shopping centers increases continuously. The times of thoughtless caloric intake in dark foodcourts are long gone, as today’s malls provide well thought out restaurant areas. Entire floors … Continue reading

BETTER DATA FOR BETTER GUEST EXPERIENCES

By Sue Shepherd At London Designer Outlet (LDO) in Wembley Park, the UK capital’s only fashion & lifestyle outlet center, we gather information on visitors and potential visitors to better understand them. Importantly, we use research not to deal with … Continue reading

A South African in CEE

The deal became public in midsummer. Hystead, co-owned by Hyprop Investments Limited and PDI Investment Holdings Limited, purchased all the shares in the Bulgarian company AP Retail I EOOD, which owns The Mall in Sofia, for €156 million through its subsidiary … Continue reading