Monthly Archives: August 2020

Trend Accelerator Corona: The New Normality

ACROSS: Mr Kirchmair, what has been your personal experience of the past months? Silvio Kirchmair: At the beginning, the events were a huge shock for us as a company. We saw that all our markets can suffer enormous damage – … Continue reading

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The Sustainable Pop-Up and Vilshenko choose the King’s Road to trade post covid-19

In situ until 17 August, The Sustainable Pop-Up will promote a more mindful way to retail, providing sustainable luxury fashion with a conscience.  The multi-brand concept aims to offer a 360 degree shopping experience by combining fashion with industry experts, … Continue reading

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PUMA appoints Ben Hughes as General Manager UKIB

Since 2014, Ben has had the role of Head of Sales for UKIB and played a significant role in the development of the UKIB business. “Ben has an impressive growth track record and enjoys great respect from our major accounts in the UK, which makes him … Continue reading

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Union Investment extends lease with Galeria Karstadt Kaufhof in Essen by ten years

Union Investment has secured the rental income from the Galeria Karstadt Kaufhof flagship store in Essen for another ten years. The store is an important economic factor for Essen and was on the chain’s closure list for a long time. … Continue reading

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Haidilao chooses Bullring for first restaurant outside London

Founded in 1994 in China’s Sichuan Province, Haidilao now has over 750 restaurants globally including: China, Singapore, Thailand, Indonesia, South Korea, Japan, the US, Canada, and Australia. The Bullring restaurant will be the brand’s first outside of London and only its third … Continue reading

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Wereldhave updates on exposure to FNG Group fashion brands

FNG fashion group brands are tenants in 8 Wereldhave centers in the Netherlands, representing 1.5% of Wereldhave’s gross rental income in the Netherlands or 0.7% of Wereldhave’s total gross rental income as per 30 June 2020. Wereldhave has recognized the … Continue reading

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Markus Gratz is the new Center Manager of McArthurGlen Designer Outlet Salzburg

The 48-year old has been a team member of outlet specialist McArthurGlen since 2014 and, until recently, was the Deputy Center Manager of Designer Outlet Roermond in the Netherlands, the biggest center of the McArthurGlen Group. Originally hailing from Bremen, … Continue reading

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KGAL buys Perlach Plaza development in Munich from CONCRETE Capital/BHB

The acquisition was made on behalf of a KGAL-managed AIF and is a club deal with three institutional investors. The sellers are the project‘s developers, CONCRETE Capital and BHB Bauträger GmbH Bayern. The 250 million euro development is located on … Continue reading

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Principal advises PAREF Gestion on acquiring two retail properties for NOVAPIERRE ALLEMAGNE 2 fund

The first is a toom DIY centre in Hanover. The vendor of the property is one of the funds managed by MCAP Global Finance, a European subsidiary of New York-based Marathon Asset Management. The asset is situated in the Brink … Continue reading

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MAC cosmetics launches new flagship at Liverpool One

Situated at 33 Paradise Street, the new store offers M·A·C’s cult-status product collection backed by the ethos of “by makeup artists, for makeup artists”, which has seen the brand consistently endorsed by professionals and celebrities since 1984. The unique in-store … Continue reading

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BNP Paribas REIM acquires Primark property in Kiel

The asset was sold by Art Invest Real Estate, which developed the property for chain retailer Primark. The modern retail asset, which features just under 6,900 sq m of sales space in a central downtown location and was completed in … Continue reading

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NEXT in line for Affinity Staffordshire, Devon and Lancashire outlets

Global Mutual, the specialist real estate co-investor and asset manager, has signed 26,500sq ft across its Affinity Outlets portfolio. Next Outlet is set to open at Staffordshire and Devon, while Next Home is set to open in Lancashire, in addition … Continue reading

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Skysun expands solar presence in the AG Real Estate portfolio

Almost 1,000 solar panels have been installed on the roofs of the City2 shopping centre and nearly 500 on the AG Insurance headquarters, also located in the city centre. The panels are designed to generate more than 430 MWh each year, … Continue reading

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Topping-out ceremony for ECE’s first project on the British market

The partners are developing 88 high-quality residences on Cleveland Street in the Fitzrovia district as well as approximately 3,500 sq m of retail space and 15 affordable homes within the scope of the joint project. The project consists of three … Continue reading

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Supermarket Income REIT: acquisition of a Morrisons supermarket in Telford, Shropshire

Supermarket Income REIT (LSE: SUPR), the real estate investment trust providing secure, inflation-protected, long income from grocery property in the UK, announces the acquisition of a Morrisons supermarket in Telford from Santander Trustees Limited for £14.3 million (excluding acquisition costs), reflecting a … Continue reading

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INGKA Centres received four prestigious prizes

ICSC’s Visual Victories Awards Program is a visual merchandising competition specifically created for cart, kiosk and temporary in-line retailers. The annual competition recognizes the outstanding work done by exceptional visual merchandisers, retailers and specialty leasing agents. INGKA Centres received four … Continue reading

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John Lewis Partnership Trust for Pensions appoints new trustee chair

Sarah joins with over 35 years of experience in investment management, which includes specialist expertise in pensions through roles as a Committee member, Trustee and Chair. She has chaired several organisations in the investment and savings sector and is currently … Continue reading

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St David’s opens enhanced Hollister Co. store

The global teen brand Hollister, a division of Abercrombie & Fitch Co., launched its relocated store on Upper Grand Arcade, a key fashion hub alongside other international brands. The relocation has allowed the brand to expand its footprint, and include … Continue reading

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APG moves towards full ownership of VIA Outlets

The purchase is still subject to approval by Hammerson’s shareholders, as well as approval by the relevant competition authorities. In addition, APG has declared it will participate in the Hammerson rights issue announced today. VIA Outlets operates eleven Premium Outlets … Continue reading

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Bankinter and Sonae Sierra’s SIGI acquires first real estate assets in Portugal

Olimpo Real Estate Portugal, SIGI, S.A. (ORES Portugal), launched by Bankinter and Sonae Sierra at the end of June as a Sociedade de Investimento e Gestão Imobiliária (SIGI – Real Estate Investment and Asset Management Company) completed its first acquisitions. The SIGI has … Continue reading

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