Monthly Archives: December 2021

Union Investment acquires food-anchored shopping center in Florida

The purchase was made for the portfolio of the UniImmo: Europa open-ended mutual property fund. The parties have agreed not to disclose the purchase price. The main tenants are Publix and LA Fitness Signature Club. The building was modernized in … Continue reading

People on the move

Thijs Guinee Altera Credit: Altera Altera appoints Thijs Guinee as performance and valuation analyst. Thijs Guinee (33) joins Altera from MVGM, where he was head of research for the past five years. His previous employers include Colliers International.  More » … Continue reading

Together we are strong@Flying Solo NYC

Retail Column by Heidemarie Kriz, Point of Sale Doctor and Retail Architect (KRIZH, POSitive Affairs) Each designer pays a monthly flat fee for rent, marketing, and events. These designers must also be present in the store for a few hours. … Continue reading

Sinsay gets flagship expansion at Westgate

The relocated store is Sinsay’s new flagship and one of the largest formats in Croatia, covering an area of around 1,220 sq m. Besides fashion items for men, women and kids, the brand starts to offer home accessories, decorations, and … Continue reading

Scallier’s retail park in Turda cleared for construction

To date, a significant part of the new park’s space has already been let out. The tenants include Kaufland, New Yorker, Flanco or ZooCenter. So far Scallier has opened two retail parks in Romania, with a total rentable area of … Continue reading

Inditex: Óscar García Maceiras is the new CEO, Marta Ortega appointed as Chairwoman

CEO Carlos Crespo, who only took the helm of the company in the summer of 2019, will be replaced by Oscar Garcia Maceiras, effective immediately. And Marta Ortega will replace Pablo Isla as chair of the board of directors effective … Continue reading

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London Designer Outlet appoints Daniel Tomkinson as New General Manager

Tomkinson will take on his new role from December, as existing General Manager Sue Shepherd leaves the business after eight years–having been General Manager since LDO opened. At his previous role at CGMA, Tomkinson led the strategic direction of the … Continue reading

Food retailing in historic upheaval in Germany

Delivery offers no competition despite increasing importance According to a recent 2021 study by the EHI Real Estate Institute, more than 50 different 24/7 store formats are currently prevalent in the retail market and are sometimes still being tested. These … Continue reading

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Get the latest news and explore the most relevant topics of the European placemaking industry.Concise, compact, and clear – to keep you up to date at all times.Subscribe once to always stay on top of things going on in your … Continue reading

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Focus Estate Fund has closed the deal on the sale of its Czech portfolio

Centro Ostrava Retail Park is anchored by Jysk, Mountfield, Koberce Breno, Nábytek Getymo, Autodraft; Most Retail Park by Mountfield, Sportisimo, Koberce Breno, Auto Kelly, Jump Park. “Our focus was and is on non-prime retail parks and convenience shopping centers and … Continue reading

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Titanium acquires Ozols shopping center in Riga

In November 2019, the destination center was fully opened to the public with a 20, 000 sq m flagship Kesko-Senukai store. It provides a dedicated e-commerce pick-up and support zone, enabling customers to conveniently collect online-ordered goods. Rimi, a Latvian … Continue reading

Coniq develops new loyalty programs for Reem Mall in Abu Dhabi

Customers will enjoy personalized experiences and tailored product discovery, in the fully digitized, offline-to-online, technology-powered lifestyle, shopping, and business center. It features 450 stores and up to 100 restaurants and cafes, a range of family-focused entertainment choices including one of … Continue reading

FCR buys 26, 000 sq m shopping center in Eisenach

The shopping center, which was built in 1994 on a site of over 44,000 sq m with a good 1,200 parking spaces, consists of two structures connected by a bridge. It is located to the north of the city center … Continue reading

Debenhams.com opens first UK store in Manchester Arndale

The new store shall connect the online and physical retail worlds by using interactive screens, with real-time posting via social media platforms. It will be spread across two floors and cover a total area of 702 sq m. Scott Linard, … Continue reading

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Trafford Center launches Tinsel Town outdoor experience for festive period

Tinsel Town offers a covered ice rink in partnership with Hits Radio, alongside the UK’s longest toboggan slide, an ice-skating show within Trafford’s ‘Big Top’, a Ferris wheel, a mobile bungee crane, a mobile zip wire ‘Big Red’, as well … Continue reading

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400th Primark store opens in Italy

The retailer now amounts to 70, 000 employees at 400 outlets across 14 countries. The name ‘Primark’ comes from the Italian word ‘Prima’, which means ‘first’. Founder Arthur Ryan loved the Italian language and wanted the business to make its … Continue reading

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Altera appoints Thijs Guinee as Performance and Valuation Analyst

Thijs Guinee (33) joins Altera from MVGM, where he was head of research for the past five years. His previous employers include Colliers International.  Guinee has nine years of experience in analyzing trends and developments in the real estate market. … Continue reading

Shopping 4.0 at new “Innovation Space” in Hamburg

Since Black Friday, _blaenk’s “Innovation Space” has been open, directly in the entrance area of the Vodafone flagship store. On about 15 sq m, a selected lifestyle brand is presented regularly, addressing local but also megatrends.  The first brand to … Continue reading

Half Price joins Westgate Shopping City with first store in Croatia

The retail chain, so far present in four European countries (Poland, Austria, Hungary, and The Czech Republic) has now opened its first store in Croatia. They offer limited branded items with high discounts. Half Price’s store at Westgate covers more … Continue reading

Savills and SRS join forces for strategic alliance

Mark Ridley, Global CEO of Savills comments, “Aligning our Worldwide platform, comprising over 600 offices across 70 countries with dedicated expertise across all retail sectors, allows us to provide comprehensive advice to our clients across the Global Retail markets.“ SRS has … Continue reading

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