Monthly Archives: April 2022

Mitiska REIM repurposes Tesco hypermarket in Poland into modern retail park

Developed in joint partnership with Karuzela Holding, this new retail park has a gross leasable area (GLA) of 14,100 sq m, comprising 20 retail units and parking for 500 cars. In addition to food anchor Netto, other tenants include a … Continue reading

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Andrea Aburrà appointed new Leasing Director of Neinver Italy

Aburrà will coordinate leasing activities for both of the company’s Italian centers, as well as contribute to defining the longer-term business development strategy. “Vicolungo and Castel Guelfo The Style Outlets are two of the benchmark outlets in Italy. Being part … Continue reading

Itis Shopping Center receives Gold-Excellent SHORE Certification

The shopping center contains 160 stores anchored by Stockmann, S-market, Lidl, Halonen, Tokmanni, and H&M, 3,000 parking stalls, and offices arranged over five floors. The complex is owned by a Morgan Stanley real estate investment fund and managed by CC … Continue reading

ACROSS Advisory Board – Klaus Striebich will take over the function of “Head of the Board”

The ACROSS Advisory Board was created in mid-2016. From day one the board’s declared aim is to offer its expertise in topic formulation. It identifies the challenges the industry is facing as well as emerging trends, opportunities, etc., of the … Continue reading

€11.8 Million new Leisure Experience at Liverpool One

Representing a €11.8 million investment and set to open in Q4 of this year, the new Liverpool ONE venue will span the two upper floors of the former Debenhams.  An evolution of Gravity Southside, Wandsworth, the retail destination will be … Continue reading

Atrium Promenada in Warsaw welcomes two-level Peek & Cloppenburg store

“Knowing how dynamically the needs and requirements of both consumers and retailers are changing, we continuously work on improving our offer so that we best serve our communities. Atrium Promenada is in high demand and we want to create a … Continue reading

Altera Vastgoed acquires Convenience Center De Vlashoeck

The center accommodates about ten stores and dates back to 2004. De Vlashoeck has an underground parking garage with 160 free parking spaces and is part of the core shopping area in Bergschenhoek. The acquisition follows the earlier acquisitions of … Continue reading

Merlin Properties launches Green Financing Program

The company makes it possible for all of its assets with sustainable certifications to have a green financing, as part of its recently presented “Pathway to Net Zero Carbon”. To that end, Merlin proposes to commit to retrospectively allocate an … Continue reading

Immofinanz appoints Radka Doehring as member of the executive board

“With Radka Doehring, we are gaining a first-class manager who has extensive expertise in finance, transformation processes, digitalization and corporate governance. With her knowledge and many years of international experience, she is an excellent addition to our Executive Board team. … Continue reading

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LaSalle acquires £600m UK designer outlet portfolio

Most of the portfolio value is comprised of Cheshire Oaks Designer Outlet, the largest designer outlet in the UK, which benefits from a catchment area of over 14 million consumers. Cheshire Oaks is spread over 37,161 sq m and made … Continue reading

Multi Poland: A Shopping Center as a TV Channel

In the more than 80 malls managed by Multi Corporation in Europe, including 6 in Poland, the company consistently extends and enhances its offer of communication channel rental services. These constitute an increasingly significant percentage of the revenues of retail … Continue reading

Icon Outlet in London reopens

After partial re-opening in March, like-for-like sales at the outlet were 64% ahead of the same period in 2019, while average transaction values rose 3%. The Entertainment District, which features over 30 bars and restaurants has its total net sales … Continue reading

Ukrainian retailer Silpo reopens 16 stores (UA)

The list of locations scheduled for reopening includes stores on Vyshgorodskaya, Heroes of Stalingrad Ave, Malinowski, Mayakovsky Ave, Miloslavska, Minsk Ave, Obolonsky Ave, Olenivska, Sribnokilska, Chokolivskyi Blvd and Sheptytskoho. In Kyiv region, stores in Vasylkiv and Fastiv are also set to reopen … Continue reading

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British Corner Shop opens European Distribution Center in the Netherlands

The new distribution center doubles the size of the company’s previous warehouse, allowing them to stock more products. It has also enabled them to hire their own employees, which ensures a higher quality of packing and stocking management, improving communication, … Continue reading

Winner of Kern Award 2022 announced

The Grote Markt Oostzijde project is the product of a constructive collaboration between the city of Groningen and a large number of market parties, in a complex and sensitive inner-city environment, with many different conflicting interests, while at the same … Continue reading

Christoph Andexlinger succeeds Stephan Mayer-Heinisch at ACSP

Andexlinger’s main role is Chief Operations Officer (COO) of Austria’s largest shopping center operator SES. As the new chairman, he wants to further expand the ACSP platform for the retail real estate industry. Stephan Mayer-Heinisch has been a member of … Continue reading

Sierra Balmain as new manager for three shopping centers in Poland

The agreements include all aspects related to the management of each location, including, operational management, property related finance matters, lease management, leasing, and marketing. These three mandates add to a successful management partnership with Stage Capital, which already included Centrum … Continue reading

Refurbishment of Hürth Park shopping center is complete

The project scope includes lounges and dwell zones, floors and ceilings in partial areas, and the furnishing of the outdoor areas. The entrances were enlarged and newly equipped. Kplus konzept also developed a new brand design. The mall belongs to … Continue reading

DI Group takes over Dollart Center in Emden

For an institutional fund, Real I.S. is entrusting the group with center, property, and leasing management, as well as technical property management and building services for the property. “The DOC is an exciting task in Corona-related challenging times. We are … Continue reading

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Centre:MK receives Green World Award

Accredited with a Silver Award in the category for Energy Management, one of three in the UK to win an award in this group. The Green World Award acknowledges the center’s commitment to sustainable practices and their pursuit to ensure … Continue reading