Monthly Archives: September 2019

Multi and Linstow Center Management celebrate opening enlarged Alfa shopping center in Riga, Latvia

Multi Corporation and Linstow Center Management announce that after two years of construction the new enlarged Alfa shopping center in Riga, Latvia, opened its doors to the public on September 5, 2019 and welcomed 135,000 visitors in the first days … Continue reading

Redevco acquired White Lion Walk shopping arcade in Guildford, UK

Andrew Vaughan, CEO at Redevco, said: “White Lion Walk is strategically located in the centre of Guildford and connects the town’s two main retail pitches, which means it benefits from a naturally high footfall of passing shoppers. Redevco plans to … Continue reading

St David’s puts best foot forward with Sketchers signing

As an international brand growing its portfolio, Skechers will offer shoppers at St David’s a range of footwear from its collection of over 3,000 different styles, under their ethos of quality, innovation, and comfort. Designed by an in-house team, the new … Continue reading

New 52 acre Midlands outlet & leisure destination announced

Over 90 outlet stores, family-friendly leisure and fine foods are all part of the plans for Lion Farm, destined to be the UK’s 9th largest outlet centre by comparison goods spend potential, located just off J2 of the M5 serving … Continue reading

New center development in Parndorf / Austria

The small town of Parndorf in the Austrian Burgenland, which is home to approximately 4,800 inhabitants, is by no means an irrelevant location in the middle of nowhere. This is primarily due to the presence of McArthurGlen Designer Outlet Parndorf, … Continue reading

What Does Sustainability Mean for Retail Real Estate?

By Stefan Sjöstrand Sustainability is arguably more important to businesses and consumers today than ever before. Well-publicized public movements that call for better international approaches to dealing with climate change, plastic pollution, and loss of biodiversity have been inspirational and … Continue reading

Tap in to Elephant Park

Guy Thomas, Head of Retail at Lendlease, said: “The Tap In opening kick starts the rollout of our food and beverage offer in Sayer Street, and it is encouraging to see a brand come through Artworks Elephant to open their … Continue reading

EPP strengthens its retail position and delivers on-target interim results

Net operating income for the period is up 8.5% to EUR 72 million with distributable income of EUR 52.7 million. With the addition of five retail assets to the EPP portfolio, its average gross lettable area (GLA) per asset is … Continue reading

ECE and Pop up My Brand Present New Store Concept

The focus of the new format “It’s All About Stories,” a mixture of a pop-up and concept store, is on changing themes and settings, in which six to eight brands can showcase themselves and their products for two months each. … Continue reading

Redevco acquires One Tower Bridge F&B units for £70 million

Andrew Vaughan, CEO Redevco, said: “Redevco is constantly on the lookout for opportunities aligned with changing consumer spending patterns and a growing focus on leisure such as mixed-use and F&B-led investments. London ranks as a leading global destination in this … Continue reading

Klépierre appoints Lily Desnoes as Chief Human Resources Officer

Lily Desnoes has spent a large part of her professional career within LVMH. A graduate of French business school ESCP in 1996, she began her career in international marketing, first as a product manager and then as a group leader … Continue reading

Global Retail Attractiveness Index Second Quarter 2019

There is currently no shortage of apocalyptic scenarios when it comes to the “bricks and mortar” retail sector. A weaker economy and increasing signs of a cyclical downturn are providing ammunition for the prophets of doom rather than arguments for … Continue reading

Novapierre Allemagne SCPI buys 11,800 sq m retail warehouse center in Velbert

The complex of several buildings at Friedrichstrasse 303-311 includes an Aldi supermarket built in 2015, a MediaMarkt home electronics warehouse, a medical centre and other retail buildings. Standing on a 23,200 sq m site, it provides a total lettable area … Continue reading

KERB launches Seven Dials Market

Street food pioneers KERB are set to open the doors to their first-ever permanent home following the transformation of a historic warehouse in the heart of London’s West End. Occupying 24,000 square foot, Seven Dials Market is the new all-day … Continue reading

Gazit Globe enters into an agreement to sell 6% of Atrium’s shares

This transaction is in continuance to Gazit’s announcement from July 23, where it announced that it has entered into a definitive agreement to acquire all of the issued shares it does not currently own of its subsidiary Atrium European Real … Continue reading

Newbie takes first steps out of London with centre:mk opening

Joint owners of centre:mk, Hermes Investment Management and AustralianSuper, have announced that Swedish lifestyle brand for children, Newbie, has opened its first permanent store outside of London with the centre, whilst also selecting centre:mk for the first stop of its … Continue reading

Summer Success at London Designer Outlet

London Designer Outlet (LDO) at Wembley Park, the capital’s leading fashion and lifestyle outlet center, has further maintained its consistent track record extending back to its opening in October 2013. LDO has now achieved 22 consecutive quarters of year-on-year growth … Continue reading

Jens Degner resigns as Director Global Business Development at Gebr. Heinemann

Jens Degner joined Gebr. Heinemann in 2004 as Director Global Business Development. His accomplishments within these past 15 years have a lasting impact on the organisation: “Jens Degner has built up, developed and significantly shaped our Business Development department and … Continue reading

Triple signing at Elephant Park

The new restaurants, one new concept and two established local operators, have joined the £2.3 billion regeneration project being delivered by Lendlease and Southwark Council in the heart of the capital. Traditional Ethiopian restaurant, Beza, are evolving their existing concept … Continue reading

Wereldhave statement on media reports about Hudson’s Bay

Hudson’s Bay is a tenant at one of Wereldhave’s properties, situated in the inner city of Tilburg. Hudson’s Bay represents 1.2% of Wereldhave’s gross rental income (as per 30 June 2019) and is the 10th largest tenant.   Werelhave has … Continue reading