Significant investment is planned for Gloucester Quays, The Lowry Outlet, MediaCityUK, and Lifestyle Outlets are progressing plans for a new £100m outlet on the banks of the River Clyde, Glasgow. The operational portfolio consisting of Gloucester and Manchester, has delivered … Continue reading
Neinver will be responsible for management, marketing, and leasing. Silesia Outlet is to be the largest outlet center in Silesia. Ultimately, it will occupy 20,000 sq m of retail space, with 120 shops representing domestic and international brands. The first … Continue reading
NEINVER, a leading investor, developer and operator in the European outlet centre industry, has announced sales growth across its outlet portfolio in 2018. Total sales reached €971 million, a 3% like-for-like increase compared to the previous year. The company welcomed … Continue reading
All purchases bought at any of the scheme’s 50 stores can be gathered together and swiftly delivered to customers’ homes, hotels, or workplaces at a time and date of their choosing, with same-day deliveries available. The service launched on 1 … Continue reading
The Banbridge-based premium scheme is bucking the industry trend with +12% footfall, +16% turnover, +14% ROI visitors, and 30+ consecutive weeks of footfall and turnover growth to date – compared to 2017. The uplift comes after a relaunch in 2018, … Continue reading
The pioneering concept space will be the UK’s first exclusive fashion gallery store educating customers on the product history of over 1,000 unique pieces and providing insight into the rich history of streetwear to every visitor. The two-floor 1,215 sq … Continue reading
The response from members of the public to the proposals, displayed at Drake Circus shopping centre on 22 and 23 February, was very positive – with a warm welcome given to the much-needed urban renewal scheme. The designs, created by … Continue reading
By Katharina von Schacky For some, they are the bogeymen, killing off the livelihoods of retailers and causing the slow deaths of inner cities. For others, they are role models for the highest-possible focus on consumers, ever increasing the trend … Continue reading
UNITED KINGDOM Birmingham Smithfield Located in the heart of the city, this is a £1.5 bn redevelopment project that will reposition the city on an international stage. Lendlease will form a contractual joint venture with the City Council and lead … Continue reading
The outlet center will be built on 15 ha of land allotted to the creation of a unique commercial zone. Designed on an area of 21 thousand m2, it will attract customers with fixed discounts of 30-70%, and up to … Continue reading
The Grand Duchy’s economic key data is looking very promising: Luxembourg’s resilient domestic demand offset the drag from slowing global trade. GDP growth posted a strong 3.6% last year and is expected to reach 4% in 2019. Employment growth remains … Continue reading
Located at 37 rue Sainte-Croix de la Bretonnerie, Eataly Paris Marais will offer the best of Italian gastronomy in the capital. Following the company’s philosophy, the vibrant Italian marketplace combines restaurant, food counters and a cooking class, offering customers the … Continue reading
By Mihai Dinu Although a more mature commercial real estate market in Romania is being talked about, developers of and investors in this segment still face many challenges, most of them related to the economic climate, legislative changes, labor market … Continue reading
Gilliard, who previously worked for Cushman & Wakefield for five years, joins from JLL where he was a director in the firm’s London retail team. He has more than a decade of experience working on a wide variety of projects … Continue reading
Market Halls opened two major central London sites in Fulham and Victoria last year and its first out-of-town concept, The Hall, will launch as part of a 175,000 sq ft leisure development at intu Lakeside this spring. The Hall will … Continue reading
“The best way to encourage footfall is to start transforming and repurposing malls into multifunctional spaces. People are looking for places to spend time together or to work out of the office, and creating a coworking area seems to be the … Continue reading
The project will be covered with an overall budget of approximately EUR 30 million. and is scheduled for opening in the first quarter of 2020. “We are delighted that the long-awaited moment of transition from the “paper” stage of the … Continue reading
City Point Bochum emerged from what was originally a Wertheim department store that opened in 1957. It was converted into a shopping centre on 2 March 1989 and expanded in 1992. The shopping centre is located at Kortumstraße 89, with … Continue reading
Ingka Centres has announced that it is investing €2 bn to launch three new urban mixed-use projects in China, in the cities of Changsha, Shanghai, and Xi’an. These IKEA-anchored projects will have a combined GLA of 450,000 sq m and … Continue reading
The shop at 5-6 Upper James Street on the northside of Golden Square will be the brand’s first outlet in the UK. It already has a 30-store network across Switzerland, Germany, Scandinavia and Austria. Matt Paulson-Ellis of Levy Real Estate … Continue reading
