Monthly Archives: August 2021

ADIB provides AED 200 million to finance Tesco & Waitrose supermarket investments in the UK

The first transaction, supported the acquisition of a Tesco Extra store and ancillary retail parade in Oldham, Greater Manchester by Kuwait Business Town Real Estate Co. The property is prominently located on Huddersfield Road (Oldham) and has a 13-year unexpired … Continue reading

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The first medical center inside an IGD shopping center opens in Bologna, Italy

This is a therapeutic and diagnostics center which covers an area of more than 230 square meters, with 6 divisions equipped with last-generation equipment. The center will provide highly qualified, medical services covering the main medical specialities: orthopedics, gynocology, opthamology, … Continue reading

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MEC rents three locations to Kaufland

After the closure of the former Real stores, MEC, Kaufland and the owners developed location-appropriate usage concepts within a very short time. A Kaufland branch opens in the Breisgau Center Freiburg and the Löwen Center Leipzig. A Kaufland branch opened … Continue reading

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Trei’s Vendo Park Portfolio in Poland Grows to 26 Retail Parks

The new retail park is the first in the Lesser Poland Voivodeship. Its provincial capital, Krakow, lies around 50 km away from Oświęcim. Tenants include, in addition to a Netto supermarket, outlets of the retail chains KiK, Pepco (both stocking … Continue reading

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Resilient local community centres pave the way for strong June figures

The results suggest the portfolio has outperformed the UK shopping centre trend for June by 41%, compared to the British Retail Consortium’s (BRC) Sensoramatic IQ national benchmark.  Community shopping centres on local high streets, away from major urban areas benefited from localised shopping … Continue reading

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Trafford Centre launches big external live event

Spanning the area of two large car parks, Summer Social has been designed to offer visitors a holiday atmosphere for the summer season with its diverse entertainment options for all ages. The offering complements existing leisure options within the centre … Continue reading

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Ingka Centres opens its first mixed-use retail and work-live destination in China

Livat Changsha sets a new global benchmark for large-scale mixed-use destinations and reflects the living, working and leisure needs of Changsha’s busy urban community. The development has a GBA of over 400,000 sqm and includes over 500 flexible work-live units ‘Light by Livat’, over 380 shops, … Continue reading

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Redevco Appoints Robbert Zoet as Head of Capital Raising to drive third-party growth ambition

In his new role, Robbert will drive the growth of Redevco’s investor base and play a critical role in setting up partnerships, including joint ventures, club deals, and pooled investment vehicles. Based in London, Robbert will start as of August … Continue reading

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I’m a Celebrity… Jungle Challenge opens to thrill-seekers at Quayside MediaCityUK in Manchester

The first of its kind, this immersive “big brand” attraction is set to change the dynamics of the centre. Chapman Taylor Associate Director Paul Graham, from our Manchester studio, summarises how this leisure attraction came about and explains how Chapman Taylor … Continue reading

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Record transaction in Riga: Akropolis Group buys Alfa shopping centre from AMD Holding

According to Andrius Švolka, the Head of Transactions at Newsec in the Baltics, this is the largest single-asset (i.e., non-portfolio) real estate transaction in the Baltic countries since 2008, when German investor Deka Immobilien acquired Kaunas Akropolis SC. The sale … Continue reading

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Chubb and ECE Install First Internet of Things Sensor Solution Against Water Damage in Shopping Centres

The installation was recently carried out in the Olympia Shopping Centre (OEZ) in Munich. In cooperation with ECE and Chubb’s partner Munich Re, the technicians installed a total of 44 sensors to monitor various parameters such as water and temperature … Continue reading

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Yardi Supports Germany Flood Relief and Recovery Efforts

As Germany continues to recover after record rainfall caused devasting floods leaving thousands in western Germany without access to drinking water, electricity or gas, Yardi has donated to the German Red Cross to support relief and recovery efforts. The company … Continue reading

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The new Quarree in Hamburg launches in to the future

For 33 years, Quarree has been the urban shopping center in Wandsbek, Hamburg’s most populous district. A district that is currently undergoing major change and development. The population structure is changing, many young people and families are moving here. Intensive … Continue reading

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Picture perfect: Mercers’ Estate welcomes art gallery duo

Capturing the gallery’s mission to make art accessible and enjoyable to all, from first-time buyers to established collectors, the 3,500 sq ft Long Acre site joins the brand’s portfolio of over 20 galleries across the UK and is just a … Continue reading

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redos buys retail park in Gründau-Lieblos near Frankfurt

Since its opening in 2003, the fully leased retail park in Rudolf-Walther-Strasse has been a highly frequented retail location with a rental area of around 21,700 sq m. With Bauhaus and Media Markt, the property has two anchor tenants with … Continue reading

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People in move

Roman Zwolinski IPH Credit: IPH IPH Transact has bundled and strengthened its own expertise in the field of acquisitions and sales by appointing Roman Zwolinski as Head of Transactions Germany. In his new position, he will actively consult clients such … Continue reading

Eobuwie.pl opened its first foreign store in Prague, Czech Republic

Prague customers will get to know the concept equipped with the latest technologies, which combines the offer of two brands: eobuv.cz and MODIVO. And that means 100,000 of products available immediately, interactive fitting rooms and delivery of products directly from … Continue reading

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Shell to install hundreds of electrical vehicle charging points at Waitrose stores by 2025 as part of expanded partnership

The companies have announced that they are targeting the installation of 800 Shell Recharge electric vehicle charging points in up to 100 Waitrose locations across the UK by 2025. Each site is expected to have six 22kW and two 50kW … Continue reading

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Balfin Retail Forum, a step forward in the retail industry

The forum was greeted by the Group CEO, Edlira Muka, “At Balfin Group, we believe digital disruption will take place faster than expected, that’s why we thought it was time to organize this forum, to exchange ideas, experiences and achievements. … Continue reading

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A Look at Moscow

By Grigory Pecherskiy For a while, the situation was quite challenging for us, and traffic still has not returned to pre-pandemic numbers, but market players are launching new tools to attract audiences. For example, we have opened rooftop terraces at our … Continue reading