Monthly Archives: January 2021

ESG rating: top ranking for Signa Prime Selection AG

Christoph Stadlhuber, SIGNA Prime’s CEO: “We’re delighted with this excellent result and our ranking as one of the best-rated real estate companies with regard to sustainability. After joining the UN Global Compact, this rating is another important step for us … Continue reading

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McArthurGlen Designer Outlet Málaga consolidates its growth with the opening of new boutiques

Ecoalf was born in 2009 with the mission to stop using natural resources indiscriminately and the vision of creating products of the same quality and design as those that are not recycled. It has also been part of the Bcorp community … Continue reading

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Pandemic as an opportunity for shopping centers’ tenants in 2021

By Jan Hübner The pandemic we are going through this year completely rewrites the existing patterns of behavior, habits, and standards which we have considered set in stone and invariable. Apart from the health implications, there is also an impact on … Continue reading

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Landsec welcomes 48,000 sq ft of lettings across its outlet portfolio

At Gunwharf Quays in Portsmouth, British luxury perfumer, Penhaligon’s, has opened a 400 sq ft boutique, joining Stance (570 sq ft), ProCook (1,900 sq ft), and sailing-inspired fashion and lifestyle brand, Quba & Co (670 sq ft).  In addition, Calvin Klein has … Continue reading

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SPAR Hungary expands e-charging network

Based on this partnership, 33 charging stations at 17 SPAR Hypermarkets and Supermarketswere initially made available. The Mobiliti charging service is available at the national network’s usual fee of less than €0,25 per kilowatt hour. With an average consumption of 20 … Continue reading

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Work, Live, Play: Creation of a More Diverse, Competitive Product

By Nicole Pötsch More than 50 percent of our €71 billion global real estate portfolio is comprised of offices, so, naturally, we are concerned with the “office of the future”, following the Covid-19 pandemic. We are convinced that offices that … Continue reading

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Vastned announces new financing

Sustainability forms an integral part of Vastned’s mission, strategy and organisation. To anchor sustainability in Vastned’s financing, Vastned has developed a Green Finance Framework (‘Framework’). The aim of the Framework is to (re)finance energy-efficient commercial and residential real estate that … Continue reading

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All DÄNISCHES BETTENLAGER stores will be converted to JYSK

Since JYSK opened the first store in Germany in 1984, the customers have known JYSK as DÄNISCHES BETTENLAGER. However, this will change, when almost 1,000 German stores will be converted to JYSK during the autumn. “This is something we have … Continue reading

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ADLER begins restructuring in insolvency proceedings due to Corona – related burdens

The local court has consequently approved preliminary self-administration today. Within the scope of the preliminary self-administration, it is planned to continue the business operations of Adler Modemärkte AG in their entirety. For this purpose, the management board of the Company … Continue reading

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Savills IM acquires 38 supermarkets in Denmark for new European Food Retail Fund

The German special fund has received capital commitments of EUR 109 million from six German institutional investors at first closing. The first investment is a Danish supermarket portfolio of 38 urban properties with a total volume of c. EUR 140 … Continue reading

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The Crown Estate is making its places more accessible

This forms part of The Crown Estate’s wider ambition to improve its physical environments and ensure its places are truly accessible for all. These guides will help move towards meeting this ambition, and will provide detailed information for disabled visitors, … Continue reading

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Altera sells Arendshof II shopping centre in Oosterhout

The shopping centre is currently being leased to H&M, Intertoys, Van Haren Schoenen, D-Reizen, Beter Horen, Hans Anders and various local entrepreneurs. With this sale, Altera completes the year 2020 in which the retail portfolio is further optimized to the … Continue reading

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Ingka Centres’ First Acquisition in the USA

Ingka Centres has recently acquired the “6X6” building in downtown San Francisco from MSP Property LLP, a company controlled and owned by Alexandria Real Estate Equities Inc. and TMG Partners. The company intends to convert and redesign the building located … Continue reading

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Hines Announces Lease with Nespresso in Vienna

The future anchor tenant has leased three floors and is also planning a new Nespresso flagship boutique at the location. Since taking over the asset management mandate, Hines has been working on the strategic realignment of the residential and commercial … Continue reading

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A Time of Retail Parks and Convenience Centers

By Piotr Wasilewski Retail parks have experienced somewhat of a revival in recent years. They were a popular format in the 1990s and were built primarily on the outskirts of large cities. Their concept has changed: Even though they are … Continue reading

Stenprop sells retail warehouse complex in Berlin to ILG Capital institutional fund

The retail warehouse and office complex, adjoining the Hermannplatz S- and U-Bahn station, which has a lettable area of 8,320 sq m, is changing hands for EUR 30.8 million.The main tenants of the three-storey complex, which was built in 2008, … Continue reading

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McArthurGlen appoints new group managing director of leasing

In his new position, Brady will coordinate the leasing strategy for McArthurGlen’s entire portfolio which generates €4.5 billion in annual sales and comprises 675,000 square metres of GLA, along with a development pipeline that will deliver an additional 90,000 square metres of retail … Continue reading

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Dou­gla­s d­igi­tal­izi­ng ­sup­ply­ ch­ain­ by­ ad­din­g A­I t­ech­nol­ogy

Douglas, the leading premium beauty platform, is the first retailer to digitalize its entire supply chain management with AI-driven software made by Relex Solutions. The digitalization transition involves the purchase of all products from each of the company’s suppliers in … Continue reading

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Barbara Antonia Knoflach proposed as a member of the Swiss Prime Site Board of Directors

Barbara Antonia Knoflach was born in 1965 and is Austrian. Until 2019 she was Global Head of BNP Paribas Real Estate Investment Management (REIM) and Deputy CEO BNP Paribas Real Estate S.A. in Paris. Prior to that, she worked in the … Continue reading

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Supermarket Income REIT: acquisition of a waitrose supermarket in market harborough

Developed in 2013, this prominent 2-acre site is located in the town centre and comprises a 18,000 sq ft net sales area supermarket with over 180 car parking spaces. The store forms a key part of the Waitrose online grocery … Continue reading

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