Author Archives: Viktoria

Citycon sells two non-core shopping centers in Norway for €145.4 million

“These divestments continue to follow Citycon’ s strategy to recycle capital out of non-core assets in order to narrow our focus on larger, grocery, and municipal service-anchored urban hubs with direct connection to public transportation and development potential,” says F. … Continue reading

New Management for Outlet Center in Montabaur, Germany

Philipp Dommermuth, Managing Director of FOG (owner of Fashion Outlet Grundbesitz GmbH & Co. KG ) explains: “We put the Covid-crisis behind us and are now optimistic for the future. Among other things, we are working on extending the sales … Continue reading

Tbilisi Outlet Village in Georgia is set to open in spring 2023

The outlet was developed by Georgian Outlets & Resort Group (GORG) in close collaboration with TORG International and 60% of the space is already leased. Barbara Horatz, Partner Retail & Marketing at TORG International says: “We felt hugely honored to … Continue reading

Mitiska REIM sells Polish retail park to AB Tewox

Located in the city of Wroclaw in Southwestern Poland, Retail Park Mlyn is a retail location with a gross leasable area of 10,567 sq m and offers free parking for 250 cars. The site is anchored by a Lidl supermarket, … Continue reading

Supersam Shopping Center in Poland gets transformed

Konior Studio, led by the Silesian architect Tomasz Konior, is responsible for the redevelopment project. The work should be completed in the fourth quarter of 2022. Most of the changes are to take place on the first floor, where more … Continue reading

What the industry expects from 2022!

Maxence Liagre, CEO of MPC Properties Credit: MPC Properties Recovery and rebirth “The year to come should be the year of full recovery and rebirth for the placemaking industry. For the first time over the last two years, we should … Continue reading

Nike Expands Store at LONDON DESIGNER OUTLET By 68%

The brand will take possession of a new unit, increasing its store size by 68% from 855 sq m to 1,440 sq m. Featuring the recently-launched Nike Unite concept – which helps locals connect more closely with sport – the … Continue reading

CBRE hires new Director for UK Retail Investment Team

Richard joins from Fawcett Mead, where he has spent the last seven years as a Director, focusing on the national retail investment market. Prior to this, he was a Director in JLL’s National Retail Investment team. He has over 25 … Continue reading

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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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Authentically Narrated History Appeals to All Senses @ Fondaco dei Tedeschi Venice

Retail Column by Heidemarie Kriz, Point of Sale Doctor and Retail Architect (KRIZH, POSitive Affairs) Design and History The original “Warehouse of the Germans” was first mentioned in a document in 1228, and the name “Fondaco dei Tedeschi” was first … Continue reading

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Colosseum Mall welcomes Douglas to its expansion project

Douglas will open its 34th store on the Romanian market in Colosseum Mall. The company has over 2,000 stores across Europe and more than 160,000 purchasable items on its online and oflline networks. Lavinia Ivaș, Country Manager Douglas Romania, says: … Continue reading

Sonae Sierra issues sustainability bonds in Portugal

Luís Mota Duarte, Chief Financial Officer and Executive Director of Investment Management at Sonae Sierra, said: “This operation is part of reinforcing our commitment to carbon neutrality by 2040 and our alignment with a circular economy model.” For more than … Continue reading

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TORG and Rioja Estates join forces on two outlet developments in Sweden and the UK

Robert van den Heuvel, Partner Development & Leasing TORG International says: “It was at Mapic 2021 that we established this new collaboration with Giles Membrey and his team at Rioja Estates, whom we have known for many years. We were … Continue reading