Almada Fórum, in Almada, Portugal, is the last property to be sold. Combined, the Rio Tejo portfolio represents the largest ever portfolio transaction in Portugal at over €900 million. Elmar Schoonbrood, Managing Director, Real Estate, at Blackstone, said, “The sale … Continue reading
After eight years of economic crisis, Greece left the European safety net ESM and returned to the stock exchange. That does not mean that the crisis is overcome yet. The country’s retail real estate industry was and still is affected … Continue reading
Redevco has recently renovated its “Nieuwstraat 23-29” asset in Brussels. The property has been a C&A store since 1964 and is situated on the main downtown shopping street. Redevco has cleaned up the iconic façade, which features typical concrete frames … Continue reading
ACROSS: The real estate sector is responsible for approximately 40% of global energy consumption and emissions. What is Redevco’s reaction to that fact? CLEMENS BRENNINKMEIJER: That’s a good question. As an international real estate asset manager, we take this issue … Continue reading
Rowan Verwoerd, Redevco’s Portfolio Director Germany, explained: “A redevelopment directly in the downtown area has to be actively managed in order to minimize negative impacts on the historic value of the property, the neighborhood, and the people who live and … Continue reading
Less is more. This was one of the approaches Redevco followed when redeveloping a property on the well-known Mariahilfer Strasse in Vienna. The 1970s, somewhat obsolete Generali Center, which included 26 small shops, has become MAHÜ77, which features three flagship … Continue reading
L’Espace du Palais, the 10,000 sq m retail property comprising 30 units in the heart of Rouen, will be revitalized with the aim of offering a complete and improved shopping experience. With a strong catchment area of 525,000 inhabitants, the … Continue reading
In July of last year Redevco Iberian Ventures, the joint venture between Redevco and Ares Management, acquired Mercado San Miguel for €70 million. The renowned, covered gastronomic market is a tourist attraction in the heart of the historic center of … Continue reading
Redevco has launched the redevelopment works of the C&A department store located at 18 Septemberplein in the southern Dutch city of Eindhoven. The company is transforming the 9,000 sq m of retail space, currently spread over four floors, into a … Continue reading
ACROSS: AT REDEVCO, WHAT IS LOCATION SELECTION BASED ON? BART VINK: Redevco chooses to invest in carefully selected cities and locations with enduring qualities that will appeal to future generations. The way we identify those locations, is based on a … Continue reading
Planning for and obtaining the right permits and approvals, after having found and purchased a suitable asset, is a key phase in the entire (re)development project that requires robust risk analysis. It is similar to playing chess on numerous boards, … Continue reading
ACROSS: You have recently celebrated your 150th anniversary. What do these one and a half centuries signify to you as the CEO? SILVIO KIRCHMAIR: As the CEO, it is a great honor to be able to support the Group’s shopfitting … Continue reading
By Patrick Burkert Let’s start with the nature of the pop-up store’s original concept: Here today, gone tomorrow. Pop-up stores are temporary concepts utilized by emerging or established brands and retailers that use live marketing, special sales, or creative events … Continue reading
By Martin Sabelko Traditionally, German investors’ appetite for Austrian real estate has generally been explained by low market entry hurdles, including a shared language and strong similarities between the two nations’ legal codes. But while these reasons have lost none of … Continue reading
Marcus Mack, Fund Manager at investment management company TH Real Estate, is excited about the strong fundamentals and the polycentric structure in Germany, which makes it a stable and attractive country to invest in. The current high demand for real … Continue reading
Located in the downtown area of Kapfenberg, the ece has been a popular destination since 1992. Due to its good transport connections, the mall can be reached in a very short time by approximately 125,000 people from the Styrian city … Continue reading
By Sofia Trofimova Structural changes mainly caused by the rise in online shopping, mean those of us managing retail assets need to incorporate new leisure, entertainment and food & beverage offerings to keep footfall and tenant sales buoyant. But the process … Continue reading
By Rolf Thorsen As more cities envision turning their waterfronts into destinations where people want to live, work, and enjoy their time, the question of how to best develop these distinctive areas has arisen. Waterfronts are inherently public assets, and … Continue reading
Peter Karai is Sales Director at Futureal Group, one of the biggest developers in CEE focusing on retail, office and residential schemes. The Futureal Group mainly invests in projects in Hungary, Poland, and Romania. Karai brings a wealth of experience … Continue reading
According to JLL’s „Retail City Profile 2018“, Milan is Europe’s fourth most attractive retail city and ranks 21st out of 140 in the company‘s global index. The city is the first stop for international retailers looking to expand in Italy. … Continue reading
