Monthly Archives: January 2019

Outlet festive growth figures buck high street trend

In stark contrast to the more challenging retail picture, outlet retail continues to be resilient, with Realm’s assets enjoying a combined sales increase of 4.5% in the six weeks up to Christmas. Specific retail and leisure categories have experienced exceptional … Continue reading

NEW POLO RALPH LAUREN STORE TO OPEN IN LIVERPOOL ONE

Adjacent to HUGO Boss, Flannels and Beauty Bazaar Harvey Nichols on Peter’s Lane, the new addition complements Liverpool ONE’s international line-up which is unique in the UK. The new store represents the classic yet spirited American style for which Polo … Continue reading

What 2019 will hold in store for the retail real estate industry

The importance of demographic developments cannot be understated in any economic sector. Therefore, it is very clear that the Generation Z becomes increasingly relevant as a target group for the real estate industry. Generation Z includes people born in 1995 … Continue reading

New Sierra Balmain Joint Venture created for Poland and CEE markets

Balmain is an experienced operating partner and multi-disciplined service provider with a strong pedigree in European retail and leisure assets. Balmain has operated for over 15 years in Poland. With this acquisition Sonae Sierra is able to enter the Polish … Continue reading

Three Expansions and One Acquisition

ACROSS: The expansion of Atrium Promenada in Warsaw was opened on October 17, 2018. What has the feedback from retailers and visitors been so far? LIAD BARZILAI: To be honest, we are very pleased with the reaction so far, not … Continue reading

Cineplexx Opens First IMAX Cinema in Greece

Great opening on December 13, 2018 in Thessaloniki: Cineplexx hosted the VIP opening of the first IMAX cinema in Greece. The film venue is situated inside ONE Salonica, a former shopping-center that has since been converted into an outlet mall. … Continue reading

Phase 2 of Istanbul Airport Duty Free Zone Opened with 5 Stores!

Undertaking the operation of all Duty Free zones at the airport for 25 years, Unifree Dutyfree gathered over 1,000 domestic and international luxury brands under one roof and realized one of Turkey’s and the world’s biggest travel retail zones at … Continue reading

Entering India

The new strategy is part of Ingka Centres’ journey to create new meeting places that feature powerful retail attractions, but go far beyond shopping: IKEA-anchored destinations, rooted in IKEA values that serve the needs of their local communities – places … Continue reading

EPERIA in Prešov attracted over 3.5 million visitors in first year

ADVERTORIAL EPERIA has also hosted a variety of cultural, educational and sporting events over the past year, which perfectly complement the city’s offer of activities. EPERIA’s position as the ideal place for shopping, and a cultural and social hub, confirms … Continue reading

Taking the Plunge: From Shopping Mall to Entertainment Center

By Till Walz In the meantime, this trend has also made its way to Europe: For quite some time, cinemas and restaurants have functioned as complements to shopping; now, the market has opened up to other leisure experiences as well. … Continue reading

An 8-year Acquisition Term

In its capacity as agent, arranger, and sole underwriter, Helaba is financing the centrally located “Wars Sawa Junior” for Atrium European Real Estate Limited. The German Landesbank is providing a loan in an amount of EUR 170 million, with a … Continue reading

ECE innovation project “Digital Mall” receives yet another industry award

Thus, ECE has received three a renowned industry awards in three years as the digital service had previously received the MAPIC Award in 2017 and the ICSC Solal Marketing Award in 2018. “We are very happy that our digital pilot … Continue reading

JSE-listed EPP outperforms in 2018

EPP CEO, Hadley Dean, says this is an affirmation of the company’s strategy. “Our focus on retail, specifically in the Polish market has given us clear advantages over some of our competitors who are more exposed to markets that are … Continue reading

CEO Wereldhave Dirk Anbeek to step down

Dirk Anbeek will remain active as CEO until March 1, 2019 and will be available to finalise pending commitments until April 1, 2019. Herman van Everdingen, whose term as member of the Supervisory Board expires in April 2019, will step … Continue reading

Good momentum for the new business year

For Unibail-Rodamco-Westfield, the year 2018 was much influenced by the acquisition of the industry heavyweight Westfield and the associated extension of the portfolio by the US and the British market. In Germany, the focus especially lay on the further development … Continue reading

Kintyre appoints Guido Beddig to senior management team

Mr Beddig has joined Kintyre’s co-founders Paul Shiels, Johannes Nendel and Adam Pearce at managing director level within the firm and it is the intention that he will become a significant shareholder within the business during 2019. He joins Kintyre … Continue reading

BNP Paribas Real Estate and the company EHL Immobilien GmbH signed an alliance contract in Austria

According to Aymeric Le Roux, Executive Director International Advisory and Alliances of BNP Paribas Real Estate “This new partnership with EHL in Austria, demonstrates BNP Paribas Real Estate’s capacity to extend its alliance network with market leaders, and reinforces our … Continue reading

SIGNA ACQUIRES GÄNSEMARKTPASSAGE IN HAMBURG

The property is in a prime location between Gänsemarkt, Jungfernstieg and Colonnaden. “The site’s strong points include its central location, outstanding urban setting and excellent public transport links. It is also one of Hamburg’s most sought-after office and retail locations,” … Continue reading

JAN TANNER JOINS ACROSS ADVISORY BOARD

Jan Tanner (50) is one of the leading experts for shopping center and neighborhood development in the Swiss real estate industry. As of May 1, 2019, Jan Tanner will provide his knowledge to proprietors, investors, and operators of retail properties. … Continue reading

Trei Real Estate Enters US Residential Property Market

The development is located in Matthews, a southern suburb of the city of Charlotte. It will deliver 359 rental apartments on a plot of around 60,700 square metres. The planned apartments will have 1 to 3 bedrooms, adding up to … Continue reading