Monthly Archives: November 2019

Mark Allan is appointed as next CEO of Landsec

Allan joined St Modwen Properties Plc from The Unite Group plc, where he was CEO from 2006 until May 2016. Mark is a qualified Chartered Accountant and a member of the Royal Institution of Chartered Surveyors. He will take up … Continue reading

RIM advises Corum in its entry to the Norwegian real estate market

Renger Investment Management (RIM) continues its cooperation with Corum Asset Management in its continued expansion into the Nordic real estate markets. Corum has, on behalf of its fund Corum XL, closed its first transaction in the Norwegian market, acquiring the … Continue reading

redos and Union Investment continue successful special AIF series

The Hamburg-based redos Group, has launched the open-ended special AIF “Redos Einzelhandel Deutschland III” with Union Investment. The fund invests solely in Germany in retail parks and specialist retailer-focussed shopping centres with stable value and potential for economic development. It … Continue reading

Puma signs for its first outlet in the capital at London Designer Outlet

The new name will enhance the appeal of the 265,000 sq ft Wembley Park scheme adding to the spread of international brands. Its premium fashion, athleisure, gifts and lifestyle names include Superdry, Guess, Gap, Lee Wrangler, Lindt, Sony Centre, Kurt … Continue reading

Neinver strengthens retail offer at San Sebastián de los Reyes The Style Outlets

Neinver is strengthening the commercial offer of San Sebastián de los Reyes The Style Outlets, Spain’s largest outlet centre, by adding new brands, some of them exclusively, and expanding several existing shops by a total of 2,000 sq m. The … Continue reading

Boring Remains Sexy

By Moritz Felix Lück Purchase prices for retail parks and hybrid malls have been at a high for years, and the end of this trend is not foreseeable. Nevertheless, retail parks remain an attractive asset class – regardless of whether … Continue reading

Hollister to open store at Blanchardstown Centre in Dublin, Ireland

Hollister will join JD Sports who signed up last year for a new 1,100-sq.m (11,800 sq.ft) flagship store in the new two-level extension to the Central Mall. Construction is underway and is scheduled for completion late next year. Pat Nash, … Continue reading

Cineplexx opened new Multiplex in Kosovo

The opening ceremony of the new cinema in Galeria Shopping Mall was held in the presence of the mall’s operators, Cineplexx representatives and local partners. Escref Memaj, the Deputy Mayor of Prizren, was also in attendance.  “We invested more than 4 million EUR in this project … Continue reading

Distrikt Nørrebro to open Flagship store in FORUM Rotterdam

This large 1,700-sq.m retail unit at Lijnbaan 130 consists of two floors, with 550 sq.m of this located on the ground floor. The iconic 15-metre frontage is three floors high and was designed by international architectural firm OMA. Multi expects … Continue reading

BREEAM in the Retail Real Estate Industry

By Ana Mendonca Global retail sales are expected to grow to around USD 28 trillion by 2020, up from around USD 22 trillion in 2016. Along with this projected growth, it is important to realize that retail is currently the … Continue reading

Harper Dennis Hobbs strengthens leisure team with appointment of Simon Carson as Head of Leisure

Carson brings with him a wealth of experience, specifically within the Leisure sector, having been in the industry since 2010. He has worked with many well-known brands during his previous roles at Stephen Kane & Company and DeVono Cresa before … Continue reading

What Is Your Return on Experience?

By Derek Rossel Amidst retail market headwinds in the UK, not least fueled by everything Brexit, an increasing number of retailers and investors are looking across the Irish Sea to the Republic of Ireland, where things are looking a great … Continue reading

New Balance opens its largest outlet store in Iberia at San Sebastian de los Reyes The Style Outlets in Madrid

The American brand of fashion and sports equipment New Balance, has opened at S.S. de los Reyes The Style Outlets its largest outlet store in Iberia. This new store of over 300 m2, triples the retail area of the previous … Continue reading

New LEGO store at Bullring and Grand Central

A first for LEGO Stores in the UK, the Bullring and Grand Central LEGO Store feature state of the art dynamic lighting that will enhance the in-store experience and create a unique multi-sensory experience for customers, as well as a … Continue reading

Pradera launches french office with appointment of Joëlle Yarhi

The new office in Paris is led by Joëlle, who brings 15 years’ experience in transaction and asset management acquired in multiple European markets to the post. Joëlle will be tasked with unlocking value in the French assets held in … Continue reading

Hans & Gretel glide into Camden Market with UK debut in time for the festive season

Located on the corner of North Yard, opposite Roly’s Fudge, Hans & Gretel, the childhood-inspired treat utopia of desserts and sweets, is now open to the public. Spanning 1,000 sq ft the unit showcases the theme of Hansel & Gretel’s … Continue reading

Disposal of St Oswald’s Retail Park, Gloucester

The sale price reflects a net initial yield of 8.5%, and is 8% below the 30 June 2019 book value. The 20,900m2 scheme, which is located to the north of Gloucester city centre offers a range of bulky goods, retail … Continue reading

Opening of Helsinki Outlet

The grand opening of Helsinki Outlet, on Friday 1st of November, brought a large amount of people to the outlet village. The sales numbers have been unexpectedly high and is considered to be one of the strongest openings ever done … Continue reading

intu announces first three brands for intu Costa del Sol

intu, together with Eurofund, have agreed Heads of Terms with three major operators for its 235,000 sq m global resort project intu Costa del Sol in the south of Spain. Yelmo Films, trading as Yelmo Cines, has signed detailed Heads … Continue reading

Global Mutual secures asset management mandate for Italy’s Bariblu shopping centre

The retail and leisure specialist advisor will deliver an asset strategy and leasing programme for this European retail destination.  Steven Gray, Director of Retail at Global Mutual, said, “We are pleased to be appointed as the asset manager on Bariblu. As strategic advisors, Global Mutual has a … Continue reading