Monthly Archives: July 2020

designer outlets Wolfsburg: erlebnisreif-city railway trains launched in Hanover

“What to do when you are ready for adventures?” This is the motto under which the three leisure destinations in Wolfsburg – Autostadt, phaeno, and designer outlets Wolfsburg – relaunch full speed ahead, and expand their joint ready-for-adventure (Erlebnisreif) ticket … Continue reading

Groundhog Day……a.k.a.: The Shopping Center Performance Report 2020

One could almost believe it, if it weren’t for reports like the one from the German Council of Shopping Places as well as other critical voices among renowned experts from the retail and retail real estate industry. They have all … Continue reading

DI Group managing the “Brandt Quartier” property in Hagen for Nuveen Real Estate

Anchor tenants Rewe, Aldi, dm, clever fit and others will be serving customers on 9,124 sqm of retail and office space. The clever fit gym is housed in a historic building that has undergone careful restoration, located right next to the modern office building … Continue reading

Composed a reopening package

By Hannu Käki The past months have been very different for our clients. When the first wave of Covid-19 hit Europe, shopping centers were faced with an unforeseen situation. In order to protect and care for their customers, tenants, and … Continue reading

Marks and Spencer and Lidl are to open new stores at Two Rivers, Staines-Upon-Thames

Two Rivers is the prime shopping, convenience and leisure destination in Staines Upon Thames. Marks and Spencer and Lidl join Next, TK Maxx, Wagamama, Metrobank, Boots, Pret a Manger and Vue Cinemas at Two Rivers. Simon Moscow from Aberdeen Standard … Continue reading

Ingka Investments signs agreement to acquire real estate for IKEA Retail in the heart of Paris

The investment is part of a long-term plan to transform its retail business and bring IKEA closer to customers by opening and testing new formats in cities. The property comprises a total of 7,500 sqm over 7 floors, with retail … Continue reading

Administrators appointed to intu properties plc

intu properties plc owns and operates 17 shopping centres across the UK including intu Trafford Centre, intu Lakeside, intu Merry Hill and intu MetroCentre, in addition to a shopping centre and development site in Spain. It directly employs circa 2,373 … Continue reading

Ingka Centres launches online marketplace

Ingka Centres has launched LIVAT Online, a new online community and marketplace that brings customers and tenants together for shopping, lifestyle and exchanging ideas. The move is part of Ingka Centres €7.3bn investment to transform its business in response to … Continue reading

Increased investment in online capabilities expected in the retail sector

New CBRE research identifies predictions, trends and insights across the sector, based on interviews and surveys with leading UK occupiers. Further polarisation and consolidation of existing retail portfolios is anticipated, whilst investment in the in-store experience will remain a high … Continue reading

GPEP appointed Mischa Koch as Head of Key Account Management/ Business Development and further expands project development

In this role, Mischa Koch is responsible for client services, looking after existing and onboarding new clients, and for further investments in local shopping centres as well as new asset classes, such as offices and residential. In addition, drawing on … Continue reading

Successful New Lease for Mira Shopping Center in Munich

Kaufland will occupy over 6,000 sq m of space on the first floor of the center. The necessary construction buildout is already underway. The opening is scheduled for the end of 2021. Hines has now taken an important step in … Continue reading

Capital & Regional appoints new General Manager at The Mall Maidstone

Gavin started in his new position in early May, and brings with him over 20 years of experience in the retail industry, working with a number of major UK retailers in prime London shopping destinations. Prior to joining, Gavin held … Continue reading

MAPIC 2020: heading for collaborative retail

“Rather than transforming the industry, the health crisis has accelerated existing trends. In November, we will focus on collaborative experiences, creating new business models, sustainability, data sharing and the move towards more generalised resource sharing. Much of the recovery in … Continue reading

Springfields Outlet reopens post lockdown with 11% average transactional spend increase

A further tranche of stores are reopening imminently, and others, including food and beverage and leisure, will open at a later date when allowed. When comparing the first full week of trading with the same period last year, those retailers … Continue reading

Gabriele Volz becomes CEO of Commerz Real

Chairman of the Supervisory Board Michael Mandel: “Gabriele Volz joins us at Commerz Real as a highly respected expert in investment and asset management. She has the ideal prerequisites for taking the transformation of Commerz Real forward successfully on our … Continue reading

Roelie van Wijk-Russchen appointed member of Altera Vastgoed NV’s supervisory board

She succeeds Mr Johan van der Ende, who after two terms will be stepping down as a member of the Supervisory Board on the same date. Mr van der Ende was an Altera Supervisory Board member for eight years. Ms … Continue reading

Christoph Holzmann to join Union Investment Real Estate GmbH as COO

In his role as Chief Operating Officer (COO), Holzmann will be in charge of developing the business processes of Union Investment’s fast-growing real estate division. His responsibilities will include in particular continuous improvement of the operational and organisational structure. He … Continue reading

Continued positive trends with improved footfall for Citycon’s centres in May

The May rent collection remained stable and Citycon has collected and/or accrued as government assistance guarantees approximately 78% of its billed rent for the month of May. 100% of the centres are open and 97% of the stores are open … Continue reading

A taste of savoir-vivre at Quarree Wandsbek in Hamburg

Besides major international brands and its wide range of fresh products, customers of Quarree Wandsbek particularly appreciate its many individual concepts, which are managed with lots of personal commitment and passion. The new bistro La Parisienne is a perfect example … Continue reading

Up at The O2 reopens outdoor attraction

Located on top of the world’s number one music, entertainment and leisure venue, visitors can reunite with their family and friends for a 90-minute outdoor climb, enjoying a fun day out whilst experiencing panoramic views of the capital. Led by … Continue reading