Author Archives: ACROSS EDITOR

Spanish insight in the COVID-19 real estate impact by property manager MVGM

The report analyses other issues in the impact on different real estate assets apart from shopping centres, such as hotels, logistics centres or offices, as well as aspects related to tenants and properties. Elisa Navarro, General Manager of MVGM in … Continue reading

Despite the COVID-19 pandemic, the construction of Galeria Wiślanka is halfway through!

Road works began this month, including the implementation of over 600 parking spaces for future customers of Wiślanka. “Already at the architectural design stage, we paid special attention to the appropriate quality and number of parking spaces. Due to the … Continue reading

IKEA Retail: leveraging technology in Coronavirus times

With almost a third of the world’s population now at home due to the Coronavirus pandemic, the way of life and work has changed. People are spending more time at home, connecting online with the outside world, looking for motivation, … Continue reading

New Espoonlahti regional library to open in shopping centre Lippulaiva in spring 2022

Citycon and the City of Espoo’s Facility Services have signed a lease agreement for the opening of the Espoonlahti regional library in the shopping centre Lippulaiva in spring 2022. The library will be on the third floor of Lippulaiva and … Continue reading

Atrium European Real Estate: First quarter 2020 trading update

Highlights year to date ▪       The Company performed well up to the outbreak of Covid-19 and the implementation from mid-March of various governmental restrictions to trading in our centres, which adversely impacted the strong Q1 2020 momentum ▪       A progressive … Continue reading

Flexible reaction in times of change

By René Popik At present, it would be unlikely to find a business that hasn’t been affected by the current situation. In recent weeks, the protection of public health has been paramount to us. We have therefore implemented many measures … Continue reading

Neinver appoints Stephan Fickl as new Group Leasing Director

Stephan has over 20 years of experience in the retail industry across three continents, covering department stores, shopping centres and outlet centres. He will steer the group’s leasing strategy across the six European countries and 23 assets currently operated by … Continue reading

Covid-19’s impact on Dutch retail real estate

By Ellen Tak-Zwetheul On March 15, 2020, the Dutch Government took lockdown measures in the Netherlands to combat the further outbreak of Covid-19. In addition to schools and child day-care centers, also food & beverage, leisure, and entertainment enterprises had … Continue reading

AG Real Estate sends positive signal to its partners in the Retail segment

In order to show solidarity with retailers in its shopping centre who have had to close their shops upon being instructed to do so by the authorities as well as to facilitate their return to business activity, AG Real Estate … Continue reading

Protection proceedings for department store chain: “Benko sustained the biggest damages”

On Wednesday, the German retail giant with more than 28,000 employees had to apply for insolvency protection proceedings. These proceedings will allow the group to terminate lease agreements quickly, but also makes it easier to get rid of employees, according … Continue reading

Redevco acquires mixed-use, urban property in Düsseldorf as part of its €500 million residential investment programme

The asset, known as the Dieterich Karree, was purchased in an off-market transaction from Bayerische Versorgungskammer (BVK) for more than €100 million. This is the second transaction on behalf of Redevco’s specialist strategy to deploy €500 million in the residential … Continue reading

Trei Opens its 16th Vendo Park in Poland

The property has a gross lettable area of around 6,700 square metres and is tenant-occupied by eleven different retailers. The total investment costs add up to 8.7 million euros. Jawor has a population of around 23,000 and lies roughly 25 kilometres south … Continue reading

Capital & Regional opens new PureGym at the Marlowes as centre undergoes strategic repositioning

Pure Gym was able to surpass its opening target, reaching 1,200 members before opening and 1,500 members in the first week. Pure Gym is expected to attract around 5,000 members from the local town, taking advantage of its 24-hour fitness … Continue reading

Redevco: Shopping Pajot in Sint-Pieters-Leeuw once again fully let

Albert Heijn will be opening this spring in the former Concept Fashion and Mano (shoes) units. Raf Van den Heuvel, General Manager of Albert Heijn Belgium: “This is an important store forus. The Pajottenland region was high on our wish … Continue reading

MEC significantly expands property management business

These are properties of two real estate funds of the German retail platform of Nuveen Real Estate, one of the largest real estate investment managers in the world. The mandate, which was awarded as of January 1, 2020, covers the … Continue reading

McArthurGlen appoints Victor Busser as Group Managing Director Leasing

Busser, who was Leasing Director at McArthurGlen from 2008 to 2011, has spent the past eight years as General Manager of Arcus Real Estate. Before joining McArthurGlen in 2008, he worked at Neinver Italy for five years as Country Manager. … Continue reading

Unibail-Rodamco-Westfield Germany is Top Employer 2020

URW Germany shows itself as a pioneer in the field of human resources through future-oriented thinking with regard to its employees and continuous investment in employee development. “Our success is based on the commitment, passion and talents of our employees”, … Continue reading

A Better Understanding of the Customer Courtesy of Big Data

ACROSS: Please give us a brief overview of HyperIn. MARKUS PORVARI: HyperIn was founded in Finland in 2008 and is a Red Herring Top 100 Winner, recognized as one of the leading private technology and innovation enterprises. The company provides … Continue reading

Tommy Hilfiger signs to open its first kids outlet in the UK at London Designer Outlet

This is the latest in a string of ‘firsts’ for London Designer Outlet with the destination home to the UK’s first Champion outlet,  stand-alone Converse store and London’s first H&M and Lee Wrangler outlets. It is also the only UK … Continue reading

Redevco Appoints Andrew Foulds as Managing Director UK

Andrew Vaughan, Redevco CEO, said: “We are pleased to announce Andrew’s new appointment which will ensure the continued success of our UK team. This will also allow Adam to dedicate his time exclusively to transactions, which is in line with … Continue reading