Monthly Archives: November 2021

FOM leases 7,600 sq m to Edeka at shopping center in Hannover

The lease to the retail chain thus gives the go-ahead for the remaining spaces still available at the site: around 1,000 sq m on the first floor of Davenstedter Strasse 100 and around 5,500 sq m on the second floor … Continue reading

Cushman & Wakefield wins again at CIJ Awards Czech Republic

Jan Kotrbáček, Partner & Head of CEE Retail Agency team, said: “It is our pleasure to continuously participate on the development of this significant sector of the Czech economy and contribute to improving the retail and services offer as well as … Continue reading

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Redevco creates NextGen Board for new future-proof strategy

Cities are evolving rapidly and need to become healthier, more sustainable places for the well-being of both, people and planet. This is particularly relevant to the younger generation, therefore the NextGen Board will be instrumental to help the company play … Continue reading

DI Group scores ten leases for Forum Köpenick in Berlin

Three stores will already be moving in next year, including the sports retailer Intersport and sneaker retailer Pace, which is opening its second Berlin store in the shopping center in the summer. Four companies, including H&M, Jack Wolfskin, and Kieser … Continue reading

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McArthurGlen’s projects on track of post-covid recovery

With international travel impacted throughout the pandemic, the group activated its local catchments and saw resilient performance from domestic and European tourism. The company also noted a significant change in consumer spending habits. Across all 26 of its centers, customers … Continue reading

Lukáš Netolický appointed Partner at Cushman & Wakefield

Lukáš Netolický, Head of Regional Cities CZ, leads the firm’s Brno office. His main focus is on the development of its business activities, especially in the office segment.  In the upcoming years, Lukáš plans to further expand the firm’s regional … Continue reading

Castlegate and Wellington Square shopping centers win Sceptre Award

Castlegate and Wellington Square were one of seven community initiatives shortlisted for the award for which the ceremony was held in London’s Royal Lancaster Hotel. The competition was from varying community campaigns across shopping centers in the United Kingdom. ‘Stockton … Continue reading

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UK-based Evolve acquires retail parade in Coulby Newham

The center in Coulby Newham is a busy, edge-of-town scheme, with more than 30 shops, anchored by a 10, 918 sq m Tesco Extra and car parking for more than 900 vehicles. Built in 1985, the center has 19,392 sq … Continue reading

MAN MUST EAT! – The (increasing) importance of food anchors for the placemaking industry

As a brand-new study by the European Retail Institute (EHI) shows, the sales of Germany’s 1,000 largest online stores increased by 33% from 2019 to 2020, or 17.1 billion euros. Food & Beverage (F&B) accounted for only 1.3% of online … Continue reading

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Kaufland, Strong Footfall Anchor of Thriving Centers

Interview with ACROSS, Dr. Angelus Bernreuther The focus of the mutual repositioning is on the importance of the local food supply through Kaufland, the further strengthening of the local supply – especially the fresh food areas, coordinated investments in omnichannel … Continue reading

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Developer & Operator Statements

This topic was featured in detail in our latest print issue „Man Must Eat–The (Increasing) Importance of Food Anchors for the Placemaking Industry” which you can read here: “Food anchors offer new experiences of taste” Nemanja Bucinac Head of Retail … Continue reading

Shopping Center Galeria Andrychów in Poland celebrates opening

Galeria Andrychów is located next to the national road 52 that links with the Czech Republic border-crossing in Cieszyn and Głogoczów, near Kraków. The three new buildings house a total of 31 stores, including clothing, a supermarket, furniture stores, etc. … Continue reading

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The best of both worlds: the walk-in online shop

“Always new, always different” could be the motto that drives today’s consumers. And it is precisely in this respect that stationary retail is lagging behind in many cases. Static store displays that often remain the same for a long time, … Continue reading

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Tbilisi Outlet Village construction is full speed ahead

The project was developed by Georgian Outlets & Resort Group (GORG) in close collaboration with TORG International and 60% of the space is already leased. The opening of Phase 1 of Tbilisi Outlet Village consisting of 12,500 sq m and 70 … Continue reading

Garbe, Terragon, and URW join to develop residential project in Westfield Hamburg-Überseequartier

The project fits into a mixed-use environment that provides access to all everyday amenities within a five-minute walk: Westfield Hamburg-Überseequartier will feature more than 40 gastronomy units, as well as entertainment and cultural offerings–including the first Kinopolis cinema and the … Continue reading

Grantham Designer Outlet welcomes Armani, Hugo Boss, and new online sales platform

The fashion brands Armani, Hugo Boss, and Moss Bros have all agreed to take space in the retail destination in the East Midlands (England), alongside household F&B names including Starbucks and Five Guys. Besides selected fashion brands, the outlet will … Continue reading

Shopcore partners with Mallcomm to create digital tenant engagement model across US portfolio

The operator leases and manages a portfolio of more than 50 convenience retail centers, located in high-density submarkets and anchored by leading grocery retailers, services, entertainment and dining, across 15 U.S. states including California, Florida, New York, Pennsylvania, and Texas. The software, branded in the … Continue reading

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Proposed merger: Gazit acquires Atrium

On 18 October 2021, the Independent Committee of the Board of Directors of Atrium European Real Estate Limited and the board of directors of Gazit Hercules 2020 Limited (“Newco”), which is an indirect wholly-owned subsidiary of Gazit-Globe Ltd (“Gazit”), announced … Continue reading

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Garbe acquires two retail parks in Germany for €21.1 million

The retail park in Dahme/Mark has around 3,700 sq m of rental space and is fully leased with a WAULT of 12.1 years. The anchor tenant of the center at Schellstrasse 12-13 is REWE. The new building, constructed in 2020, … Continue reading

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Ingka Centers plans first IKEA anchored meeting place in India

The development, with a GBA of around 130,000 sq m is Ingka Center’s 52nd meeting place and will offer a mix of hospitality, food and beverage, ‘edutainment’ learning spaces, alongside a wide retail offer anchored by an IKEA store. It is … Continue reading