Daily Archives: December 18, 2019

redos contracts out the management of a portfolio of four shopping centers to ECE

In the tender process, ECE prevailed over renowned competitors with a tailored proposal. redos is the asset manager for the objects since 2013. At the end of 2016, the Hamburg-based retail real estate specialist had taken over the portfolio as … Continue reading

OCP sells Buurmalsen shopping centre in Tilburg

Buurmalsen is located in the Reeshof residential district and covers approximately 2500 sq. m., 75% of it convenience retail. Supermarket Albert Heijn and personal care chain Kruidvat are the largest tenants, complemented by a number of local entrepreneurs. Sustainability “In … Continue reading

Mitiska REIM accelerates investment in Romania with 3 new retail parks opened in 2019

The new retail park, which is Mitiska REIM’s largest development project in Romania this year, has a gross leasable area (GLA) of 7,800m2 and comprises 13 units offering a mix of fashion, sportswear, beauty, electronics, restaurants and a pet centre. … Continue reading

Fulvio Fassone named new Managing Director of Heinemann Italia

The appointment underlines the retailer’s commitment for further growth in Italy, as Fulvio Fassone has over 15 years of professional experience as Commercial Director at major Italian airports. Before joining Heinemann Italia, he worked several years as Executive Vice President … Continue reading

Key trends for the retail real estate industry in 2020

By João Correia de Sampaio In an evolving retail universe, keeping on top of the trends will be crucial once again in 2020 for companies that want to stay ahead of the curve. As we look to 2020, we believe … Continue reading

Investment News

The Acquisition of Posnania by Apsys Allianz Real Estate Refinances a 300-million-euro Acquisition Allianz Real Estate, on behalf of several companies within the Allianz Group, has financed the complete acquisition of Posnania shopping center by Apsys via a first-rate loan … Continue reading

Second ECE Fund acquires “Erlangen Arcaden” shopping center

ECE has operated the Erlangen Arcaden shopping center since July 2019 on behalf of the previous owner and will continue to be responsible for management and leasing of the center in the future as well. As a result, the portfolio … Continue reading

Moscow’s new playground

The clock is ticking. Phase one of the 100-hectare Dream Island development in Moscow is approaching completion. The world’s largest indoor theme park, with 300,000 sq m of entertainment space, is scheduled to open in the first quarter of 2020. … Continue reading

New impulses for the “customer journey”

Customers expect a broad product range, a digital presence, a feel-good atmosphere, and personal consulting from retail stores. This is emphasized by the current study ‘Structural Change in the Retail Sector: from the Customer’s Perspective’ by IFH (institute for retail … Continue reading

iMallinvest arranges the sale of Eiderpark in Rendsburg

The purchaser of the property is Bade Immobilien, a family-owned investment manager based in Lower Saxony. Situated in the heart of the German Federal State of Schleswig-Holstein the property comprises 20,154 sqm GLA, which is split over 25 shop units. … Continue reading