Yearly Archives: 2020

Cattolica Assicurazioni enters Altera Retail

Cattolica strongly believes in Altera’s strategy for investments in core convenience retail assets in the Netherlands.   Salvatore Ciccarello, General Manager of Cattolica Immobiliare: “The investment in the retail portfolio of Altera is the first non-domestic investment for Cattolica and … Continue reading

Gebr. Heinemann and Casualfood create new opportunities with “Smartseller” joint venture

The “Smartseller” joint venture brings the core competencies of the two companies together with the aim of creating a novel shopping and consumer experience: integrating the unique grab-and-go outlets and the duty-free and travel-value products into a cohesive concept. The … Continue reading

New SES Shopping Center ALEJA Due to Open on 19 March 2020

Construction work is progressing well and is nearing completion. ALEJA, a multifunctional meeting place with a focus on shopping, gastronomy, and leisure, is set to open on 32,000 square meters of leasable area. The total investment in the project amounts … Continue reading

“dress for less” and “Saks OFF 5th” are merging

Both companies belong to the SIGNA Group and are now combining their strengths. This will result in a strong omnichannel off-price retailer with integrated company headquarters in Frankfurt am Main. In addition, the logistics will be aligned even more consistently … Continue reading

EBRD and EU support Novus’s investments in energy efficient technologies

“It really sums up well our company ethos, since we care a lot about the environment,” said Mark Petkevich, CEO of Novus. “We want to offer the best and freshest products to our customers, while also ensuring that we have … Continue reading

JLL appoints Sabine Eckhardt as CEO Central Europe

JLL has appointed Sabine Eckhardt as CEO Central Europe with effect from May, 1 2020. In the newly created position, which includes full responsibility for Germany and Central Europe, based in Frankfurt, Sabine Eckhardt will help drive continued growth and … Continue reading

Grosvenor Appoints First Director of Sustainability & Innovation

This a new post designed to galvanize delivery of our environmental goals for 2030 which will see the business become net carbon zero and zero waste by the end of the decade, while also contributing to a significant increase in … Continue reading

Staging connects: umdasch presents itself holistically connected at the EuroShop 2020

Integrity and connection are not only embodied by the architecture of the trade fair stand. The latest innovations for all branches of the retail industry and much more are also on the agenda. Exhibition stand as a stage Ground-breaking for … Continue reading

Yurdaer Kahraman joins ACROSS Advisory Board

After graduated from the University of Duisburg-Essen in Germany, he has also studied at different Business and Economics schools in England, France and Italy. In addition to his responsibility as a board member in 20 out of 67 Fiba Group’s … Continue reading

intu Costa del Sol gets green light

This significant milestone paves the way for the project to now progress to its next stage, with preparatory works due to start in 2020. The 2.5 million sq ft (235,000 sqm), €800m retail and leisure resort is the first of … Continue reading

GPEP launches food retail fund with 68 properties

Together with Hamburg-based HANSAINVEST Hanseatische Investment GmbH, the asset and property manager GPEP GmbH (“GPEP”) has launched an institutional fund for discount stores, supermarkets, retail centres and retail parks. The fund invests in established properties with stable long-term leases, as … Continue reading

Primark has announced new store locations

Here is the list of the confirmed new Primark stores: Primark is still negotiation exact locations for 8 of the stores, but confirmed the following 10 locations: Trafford Centre, Manchester Mons, Belgium American Dream, New Jersey Lens, Noyelles SC, France … Continue reading

Projects & Openings International

Forsan Central Mall| United Arab Emirates Set to open in August 2020, Line Investments & Property LLC has introduced Forsan Central Mall as an all-in-one shopping, dining, and entertainment destination designed around the concept of a bamboo forest that features … Continue reading

Galeria Wiślanka, or how to use the commercial potential of smaller Polish cities

Wiślanka will open in the fourth quarter of 2020. The fast pace of leasing commercial space is proof that retail chains are recognizing the growing potential of Polish regions and the increase in the purchasing power of consumers living in … Continue reading

HI-MACS lights up a Retail Park’s façade in Edinburgh

The international firm of architects and interior designers were commissioned by British Land to undertake the project which has seen the 200,000 sqft site turned into a thriving mixed-use retail and leisure-led destination. All of the current frontages have been … Continue reading

The retail real estate industry‘s most unusual kick-off event: REBOOT

The idea to organize an innovative kick-off event for the retail and retail real estate industry with a new congress format seems to pay off. The German Council of Shopping Places expects approximately 300 participants and therefore it might not … Continue reading

Unibail-Rodamco-Westfield continues to push for qualitative optimisation of its portfolio in Germany in 2020

“In an increasingly digital society, retail must continue to develop and continuously optimise its business models. For us, this means that we will have an even stronger focus on multi-channel solutions and that we already take an integrated view on … Continue reading

Inditex is donating €8.5 million to Caritas to support social employment and circular economy initiatives in Spain

Inditex will donate €8.5 million to Caritas Spain during the next three years thus lending continuity to its employment programme for people at risk of social exclusion and providing further support for its clothing collection drive. The new agreements were … Continue reading

New Group Managing Director for SevenCapital

Damien has previously served as an Executive Director for the business since it was founded in 2009. In his new role, Damien takes on overall directorship and responsibility across all SevenCapital group companies, which includes the company’s construction arm, Colmore … Continue reading

Landsec announces 139,900 sq ft of deals across its retail portfolio

Decathlon has exchanged terms to open a 35,100 sq ft flagship store at Trinity Leeds which will become the first dedicated outdoors and sports retailer at the centre, while H&M will upsize its current store with an additional 13,600 sq … Continue reading