Yearly Archives: 2021

Decentralization and the future of retail in German city centers

By Filip Vojtech According to an analysis of GfK Visitor Frequencies since the start of the Corona pandemic in Germany and a comparison with average visitor numbers in 2019, the roughly 340 city centers surveyed can be divided into three performance … Continue reading

About Mixed-Use Real Estate Drivers

More than a year of virtual living has shaped the way we use, design, and transform real estate and ultimately cities. Covid-19 has accelerated several global trends, including flexible working, e-commerce, as well as the need for strong integration and … Continue reading

Next in Line at Sterling Mills as Affinity Outlets signs 14,000 sq ft of new retail

Affinity Sterling Mills Outlet has agreed deals with three new retailers, including Next Outlet, taking a combined 14,000 sq ft of retail space at the Scottish outlet shopping destination. Set to open in June, Next Outlet will stock items from … Continue reading

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Eurovea Generates Movement along the Banks of the Danube in Bratislava

Construction work on the expansion of the shopping center is already above ground, and construction progress is also visible to the naked eye. Three underground floors have been completed in most areas, and the building is rapidly growing in height. … Continue reading

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Global Leisure Group acquires two-third of former ELI Play and strengthens position in Central Europe

‘This new acquisition perfectly aligns with our ambition to be and become world’s leading supplier of leisure concepts’, elaborates Mikael Wettergren, CEO of the Global Leisure Group. Wettergren continues: ‘By adding our know-how, experience and wide assortment to their sales-expertise, … Continue reading

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TconcepT designs redevelopment of department store in Dordrecht

The uninhabited building has been a eyesore for many residents for years. The upper levels will be transformed into housing, the plinth will remain “active” and will be filled with shops, restaurants, a new public bicycle parking and the entrances … Continue reading

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Kaari Shopping Center increases its offerings with new tenants

Niam, one of the largest real estate owners in the Nordics, has been the owner of the center since 2015 and has done several successful value-add activities to increase the attractiveness of the center, such as renovated the large restaurant … Continue reading

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NOK 4.8bn retail deal in Norway

The first four centres are signed and acquired from Steen & Strøm (Klépierre / ABP) / KLP. Aurora Eiendom has also signed a letter of intent (LOI) to acquire a fifth large Norwegian shopping centre at ca. NOK 1.8bn from … Continue reading

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Brookfield Properties Unveils Plans to Pedestrianize and Redevelop Potsdamer Platz in Berlin into a new Community District

Brookfield Properties has unveiled plans for an extensive redesign of Potsdamer Platz in Berlin aiming to create a green, pedestrian-friendly and vibrant quarter with high quality facilities by 2025. Brookfield Properties is working closely with Berlin’s Mitte district on the … Continue reading

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Huawei opens Experience Store at Centro – first store in a shopping center in Germany

Huawei offers visitors a shopping and experience world with a wide range of technical solutions and products from the characteristic areas of mobile phones, computers, and tablets, as well as from the audio, photography, gaming, and fitness & health segments. … Continue reading

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Redevco turns C&A building in Hanover into multi-tenant property

The building, which has been used exclusively by C&A up to now, will accommodate dm (drugstores), food retailer Rewe and Wool­worth as additional tenants in the future. Long-term contracts have already been signed. The necessary construction work is to begin … Continue reading

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Most Problems are of a Company’s Own Making

By Johannes Quandt The following text has been written with brutal honesty to ensure that it cannot be misunderstood by managers running a business. However, you have to be willing to read this with an open mind and to be … Continue reading

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New SES Shopping Center Nominated for the 2021 Global RLI Award

On 20 May 2020 – approximately one year ago – ALEJA shopping center opened its doors in the center of Ljubljana. In the space of just one year, the center has made it to the finals of the coveted 2021 … Continue reading

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“RETHINKING REAL ESTATE”

On May 11, a premiere took place: The first ACROSS Company Live Session. Sonae Sierra was a great partner for this new online event. And the topic could not have been more exciting and timely: “Rethinking Real Estate”. The explosiveness … Continue reading

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The first Kendall + Kylie store in Europe opens in Sofia Ring Mall

The store opened in May and offers the latest women’s collections of clothing, lingerie, swimwear, shoes, bags and accessories by Kendall + Kylie. The Kendall + Kylie collections capture the unpredictable nature of today’s young fashion fans: they are both … Continue reading

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Xtrafit opens its first studio in Hamburg at Quarree

The first XTRAFIT studio was opened in Cologne-Ehrenfeld in 2014. They are now represented at twelve locations in the Rhineland and Rhine-Main region. Further studios are in the planning stage. The next one is now opening at Quarree. The approximately … Continue reading

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redos Group brings Markus Diers on board as Managing Director for Asset Management

The 41-year-old real estate executive will assume responsibility for Asset Management within the group’s funds business with effect from 1 June, working closely together with Torsten C. Wesch, Managing Director for Fund Management, and Frank Eckervogt, Managing Director for Transactions.Markus Diers … Continue reading

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People in move

Amal Del Monaco PATRIZIA AG Credit: PATRIZIA AG PATRIZIA AG announces the appointment of Amal Del Monaco as its new European Head of Asset Management and chair of its country heads. Amal Del Monaco will join PATRIZIA from AXA IM … Continue reading

Patrizia appoints Amal Del Monaco as new European Head of Asset Management and chair of country heads

Amal Del Monaco will join PATRIZIA from AXA IM Alts, a global leader in alternative investments with over EUR 157 billion of AUM, where she spent the last 24 years. Her most recent roles there included Global Head of Living … Continue reading

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Oriental fusion food concept “Baba Baji” comes to Quarree

Frank Klüter, Center Manager of Quarree, says of this culinary newcomer: “We are pleased about the courage and optimism of Mr. Nezam. Everyone is happy about stores and restaurants that are opening for the first time, especially in the current … Continue reading

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