Daily Archives: October 24, 2019

Unibail-Rodamco-Westfield and Real I.S. complete modernization of Schönhauser Allee Arcaden

The construction and modernization measures at Schönhauser Allee Arcaden in Berlin-Prenzlauer Berg have been completed. With targeted interventions, operator Unibail-Rodamco-Westfield (URW) has renewed the interior design and expanded the services and infrastructure of the center. In addition, the shopping center … Continue reading

Maintaining and Increasing Portfolio Value

By Moritz Felix Lück The conditions under which investors can generate substantial returns via retail parks have become progressively more challenging in recent years. For investors who acquire new properties at high prices, the squeeze on returns presents a clear … Continue reading

Multi and Commerz Real: 20 years of committed and strong partnership

Strong relationships characterize the 20th anniversary of the intimate Armazéns do Chiado shopping centre in the historical heart of Lisbon, Portugal. This is reflected in the long standing partnership of its property manager Multi Corporation (Multi) and owner Commerz Real … Continue reading

Mall of Tripla, Finland, opened its doors

Comprised of three city blocks as well as underground facilities, Tripla is the largest individual project in YIT’s history, with a total value of nearly EUR 1.5 billion. In addition to the shopping centre, parking hall, office towers, hotel and … Continue reading

Projects & Openings Europe

SWITZERLAND Globus Basel Liegenschaften-Betrieb AG, part of the Migros Group and owner of the properties rented by Globus at Marktplatz 1 in Basel, has recently submitted a general building application for the comprehensive renovation of the historic department store. The … Continue reading