Monthly Archives: February 2022

CBRE acquires UK retail consultants CWM

Founded in 1992, CWM advises more than 60 retail brands in the UK, including Tommy Hilfiger, Hugo Boss, as well as shopping center and travel retail leasing work at Edinburgh St James, the O2, Borough Yards, and more. Its services … Continue reading

New look for Designer Outlet Sosnowiec in Poland

“The 11,450 sq m site offers a redesigned parking area as well as newly planted greenery, and a landscaped nature trail. In spring, visitors will be able to enjoy a unique chill-out area arranged opposite to the main ‘food court’ … Continue reading

Redevco appoints Elsbeth Quispel as Head of Innovation

Marrit Laning, Chief Strategy & Innovation Officer Redevco: “We are delighted to welcome Elsbeth on board. With her massive experience in the area of strategy and innovation she will be able to build our capabilities to use new technologies and … Continue reading

Real estate investment market in Poland in 2021

By Michal Cwiklinski: Principal, Managing Director – Poland at Avison Young However, 2021 also saw eight large shopping centers being transacted – a strong rebound compared to the previous year, when only two such schemes were traded. A smaller volume … Continue reading

Revetas Capital disposes of Vitantis Shopping Center

The transaction marks the completion of the repositioning of the retail scheme into a large-scale neighborhood power center focused on home, convenience, and grocery products. The multi-let retail scheme with a GLA of 38,000 sq m is well located in sector 4 of … Continue reading

Manchester Arndale welcomes Urban Playground’s the Cube Live

“Experiential attractions are rapidly becoming key features of UK shopping destinations and are helping to draw in more visitors from a broader catchment tempted by a multi-purpose visit. This, in turn, attracts other occupiers enhancing the center’s appeal and vibrancy,” … Continue reading

IPH receives mandate for City Galerie in Aschaffenburg

City Galerie in Aschaffenburg (a city in northern Bavaria, Germany) was built in 1974 and comprises a total of more than 57,000 sq m of commercial floor space, the majority of which (around 47,000 sq m) is accounted for by … Continue reading

Real becomes Kaufland: 58 supermarket integrations in 365 days

Since February last year, more than 325,000 sq m of sales area have been refurbished in the new Kaufland supermarkets. The refrigeration units, service counters, and technological systems have been modernized, and the checkout and bottle recycling areas have been … Continue reading

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Hunter REIM sells retail park portfolio to Centerscape Investments

Avison Young, headquartered in Toronto, represented the seller in the transaction. “We are pleased to have closed another food-anchored convenience retail transaction,” says Michal Cwiklinski, Principal, Managing Director – Poland. Legal advisory was provided by Legal GKW Grabalski, Kempiński i … Continue reading

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Atrium’s Sickla Galleria welcomes Sabis food store

Sabis was founded in 1874 and is based in Stockholm. It now has 20 restaurants, ten cafes, three hotels and five food stores, including Sabis Fältöversten and four Hemköpsbutiker stores. Its new location at Sickla will be at the western … Continue reading

What the industry expects from 2022!

Eric Ravoire, Deputy CEO of Galimmo Credit: Galimmo Socialization, digitization, and hybrid placemaking “Throughout the covid crisis, we have quickly learnt to deal with a complex environment. Food-anchored shopping centers held up quite well, and we expect food retail to … Continue reading

“Leave More Equity for Retailers!”

ACROSS: What is your perception of the mood throughout the retail sector at the beginning of the third year of the pandemic? Stephan Mayer-Heinisch: In March 2020, we all thought the coronavirus crisis would just be a wave. Its prolonged … Continue reading

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Savills launches association with Modesta Real Estate

Modesta Real Estate was founded in Vienna in 2002.  The firm comprises a 10 strong team based in Austria and Slovakia and is led by Managing Partners Sebastian Scheufele and Andreas Polak-Evans, both members of SIOR (The Society of Industrial … Continue reading

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People on the move

Doris Panagl (l.) and Marie-Theres Skribanowitz (r.) SES Credit: SES As of March 1, SES is filling the center management of two shopping malls in Austria from its own ranks: Doris Panagl will take over the management of Max.Center Wels, … Continue reading

LCP acquires two major retail assets for €165 million

Buying the Cwmbran Center (largest shopping center in Wales), and the Galleries shopping center in Washington (Sunderland) from M&G Real Estate, totals the group’s retail acquisitions over the past 12 months to over €360.7 million. James Buchanan, Managing Director of … Continue reading