Author Archives: ACROSS EDITOR

GRR Group acquires two retail parks in Germany

Marne is located in the North-West of Schleswig-Holstein, only six kilometers from world heritage site “Schleswig-Holsteinisches Wattenmeer”, connected to Hamburg through the B5 and A23. Since 2012, the retail park is located on a 11,000 sq m property within the … Continue reading

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P&P Group opens Urban Entertainment Center Flair in Fürth, Germany

Fürth, 17 September 2021–After a construction period of two and a half years, the investor P&P Group ceremoniously opened the new Flair urban entertainment center in Fürth alongside Mayor Dr. Thomas Jung and Horst Müller, the city’s economic advisor. On … Continue reading

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Adam Marciniak joins Management Board of CCC Group

Adam Marciniak–one of the leading specialists in the field of digital business transformation in Poland–took the position of Vice President of the Management Board for Technology and Digitization of the CCC Group. As part of his duties, he will supervise … Continue reading

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Conren Land completes redesign of the Houses of Fashion in Eschborn near Frankfurt

The real estate investor Conren Land has completed the refurbishment of the “Houses of Fashion“ in Eschborn near Frankfurt. Under the motto “next level hdm”, the center’s entrance and circulation areas were extensively renovated. Conren Land has invested more than … Continue reading

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Action and Neonet join tenants group of Mozaika Retail Park in Krotoszyn, Poland

The planned facility will have over 6,200 sq m. GLA and will accommodate approx. 16 shops of the best brands and will guarantee a large and convenient parking for customers with approx. 120 parking spaces. We have completed the main … Continue reading

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UKCM acquires Trafford Retail Park near Manchester for £33 million

Constructed in 1999, the c. 12-acre site comprises approximately 13,285 sq m of retail warehouse accommodation across fourteen units, ranging in size from 185 to 3250 sq m. The asset is currently 100% let to a range of retail tenants … Continue reading

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Boxpark gears up for national growth with investment

LDC will support Boxpark’s management team and help the company to achieve its ambitions of rolling out approximately 10 new sites across the UK over the next five years. The partnership comes after Boxpark bounced back since reopening in April with record … Continue reading

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Ulrika Danielsson appointed as the new CFO of Atrium Ljungberg

Ulrika has extensive experience working in leadership positions in economics and finance in the property industry. She joins the company from Castellum, where she has been the Director of Economics since 1998 and the CFO for the past seven years. … Continue reading

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Ingka Centres’ First Acquisition in the USA

Ingka Centres has recently acquired the “6X6” building in downtown San Francisco from MSP Property LLP, a company controlled and owned by Alexandria Real Estate Equities Inc. and TMG Partners. The company intends to convert and redesign the building located … Continue reading

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bonprix’s “fashion connect” Store Concept in Hamburg Has Won “World Retail Award 2020”

The company won an award in the “Best Customer Experience Initiative – Retailer” category. The international jury was impressed by the innovative character and future potential of the digitally assisted and adaptive concept, which merges the online and offline worlds … Continue reading

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Tommy Hilfiger and Pepe Jeans arrive at La Torre Outlet Zaragoza

La Torre Outlet Zaragoza is celebrating because, in addition to the aforementioned brands, others such as Millet, Lafuma, MovilDeluxe and, next Friday, Rossignol-Haglöfs (located in the Megasport store) have been added to its catalog. At this point, it is interesting … Continue reading

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Northern Irish outlet closes year on strong footing with +19% footfall and turnover

Despite a year of national lockdowns and regional circuit breakers north and south of the Irish border, The Boulevard, Banbridge owned by Lotus Property, has bucked the Covid downturn trend, with a 19 per cent increase in both overall turnover … Continue reading

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A global business commitment to racial and ethnic equality

Ingka Group will work towards three key objectives: Reflect the multicultural diversity of the communities and countries where it operates, at all levels of leadership. Advance underrepresented groups through equitable business practices. Enhance inclusion for co-workers of all ethnicities, races … Continue reading

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The ‘Next’ big retailer lands at Icon Outlet

Next has officially open its new 4,700 sq ft store on the lower level alongside Nike, adidas and Haidilao Hot Pot. The brand’s latest store stocks fashion favourites Lipsy, as well as the group’s apparel and footwear lines for women, … Continue reading

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Always a Cross-European Team Effort at Multi

Bakker and Van Riel explain why being efficiently organized and ready to adapt to new ways of doing business are key in the current environment. They see the retail market going through a restructuring phase. Bakker: “The skill is to … Continue reading

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Need for Action – Refurbishments in CEE

The Covid-19 pandemic has brought the long-term problems facing shopping centers into sharper focus than ever before – retailers are closing or entering administration in worrying numbers, the leisure and hospitality industries are struggling, and the viability of many malls … Continue reading

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“You Just Have to Play Your Cards Right”

ACROSS: How has the relevance of brick-and-mortar retail changed as a result of the COVID-19 crisis? MARKUS PORVARI: 2020 has been a major turning point for the retail real estate industry. Even the most conservative industry leaders have now realized … Continue reading

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Financing in Hand

A syndicated loan agreement in the amount of EUR 72 million has recently been signed to finance the construction of East Gate Mall, a real estate investment project belonging to Balfin Group Albania. The project is set to become one … Continue reading

C&A Flagship in Zurich Redeveloped

The recently re-opened flagship store has been completely modernized, featuring open and transparent facades that replace the previously closed exterior. The renovation also comprises improved statics, new technical installations, and a green roof. The store has a leasable area of … Continue reading

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An Award for Łódź

During a ceremony held in Paris on September 15, 2020, the CEO of Virako, Krzysztof Witkowski, accepted an award for the best mixed-use investment at the 2020 Mipim Awards ceremony for Monopolis, which is located in Łódź. Grupa 5 Architekci … Continue reading