The rating reflects the S&P’s view that the company’s operating performance will continue to stabilise with improving footfall numbers and tenants’ sales as economic activity recovers in CEE, thanks to the quality of the Group’s assets and limited competition. The revised outlook … Continue reading
ACROSS: Before we dive into the specifics, can you give me an overview of what Redevco plans to do in terms of growth and diversification? HERMAN JAN FABER: Our growth and diversification strategy is based on two pillars. On the one … Continue reading
As restrictions ease in the wake of the pandemic, several new initiatives for future retail see the light of day. Another is officially announced today. In 2022, IKEA Sweden will open a city department store in Gallerian, the first department … Continue reading
As the old adage goes: “Man lives for fewer than a hundred years, but worries about a thousand.” That is all the more applicable when there are several dozen openings to be carried out in a year and one often … Continue reading
Launched on the local market in April this year, Nooka Space is the Irish start-up that initiated in 2020 the first concept of smart proximity offices in the world, because of the pandemic and the changes that occured in the … Continue reading
The portfolio has been sold to GPEP, a German based investment manager focused on food retail. The portfolio has a GLA of 144,000 sq m and comprises 50 grocery stores let to strong covenants across Germany. Eight of Germany’s ten … Continue reading
50s cinema charm meets modern retail design: thanks to the extensive renovation work carried out by Schwitzke Project as general contractor, the Tommy Hilfiger store on Berlin’s Kurfürstendamm now presents itself in a new look. Inspired by the history of … Continue reading
The transfer of benefits and burdens already took place. The two parties agreed not to disclose the selling price.The building, which was raised on a plot of around 4,700 square metres in 2016, has a lettable area of about 1,153 … Continue reading
Joining 16 sites in the UK and a franchise in the Middle East, Gravity Southside offers the first all-electric, multi-level go kart track in a UK high-street environment, and a first-of-its-kind bowling alley in the UK, with a choice of … Continue reading
For some time now, the demise of department stores has been a hot topic in the industry. However, one property in the French capital is bucking this trend: La Samaritaine, which recently opened its doors again to welcome shoppers. In … Continue reading
By Cindy Andersen I am told that “let and forget” was once a good-humored saying in retail real estate. It was a reference to the simplicityand predictability of investing in shopping centers. In a world where you built a mall, signed up tenants on long leases, and then sat back and collected the rental income. … Continue reading
Top-quality industry information is very important, especially in challenging times. Therefore, ACROSS will further expand its reporting, particularly in the online sector. You will find our publication dates for 2021|2022 here. Benefit from our strong presence to further improve the … Continue reading
Kicking off the launch last week, TOCA Social officially opened its doors on Thursday 12 August, welcoming its first visitors to experience the brand new 30,000 sq ft venue. With a variety of interactive football-based games on 17 interactive playing spaces, … Continue reading
· Local, family-owned organic goods specialist The Grocery Store to join line-up of brands at Wembley Park · Black Sheep Coffee signs lease on its second space in the neighbourhood · Joins independents like Chop-Chop London, Bread Ahead, Pasta Remoli and traders at … Continue reading
London Designer Outlet (LDO) records rise in number of guests shopping with their dogs Majority of LDO’s stores now welcome pet dogs inside, not just assistance dogs LDO introduces new, permanent dog-friendly services including watering stations Sue Shepherd: ‘The way … Continue reading
The new M&S store, formerly occupied by Debenhams which closed permanently in May this year, represents a significant upsize for the brand at the destination. It will feature a 15,000 sq ft M&S Foodhall, as well as Womenswear, Lingerie, Beauty, … Continue reading
The new concept – Urban Mobility Hubs – will enhance the customer experience by offering customers convenient access to range of transport and on-demand services and facilities, including electric vehicle charging, cycle parks, multi-locker hubs for customers and local businesses, … Continue reading
Local favourite DistriAndina has signed for a new 2,100 sq ft unit on Elephant Park’s Ash Avenue. DistriAndina has become a popular local business from their site within Elephant & Castle’s railway arches, serving authentic South American street food dishes such as … Continue reading
“KGAL has over 520,000 square meters of commercial rental space in Austria, having been active investor in this market for many years. This track record makes us one of the largest real estate investors in Austria,” explains André Zücker, Managing … Continue reading
Formerly Head of Asset Management at Edinburgh House Estates, Katherine will be responsible for the overarching management of the Sorbon Estates property portfolio and teams, incorporating estates management, investments and projects and growing income. Katherine started out in the property … Continue reading
