Author Archives: Online Editor

Allee-Center Remscheid to be modernised and upgraded for more than 25 million euros – EDEKA and ALDI Nord new future tenants

“We are convinced of the location and the strength of the Allee-Center as an urban marketplace of the future,” says Joanna Fisher, CEO of ECE Marketplaces. “Especially in good and established locations like this one, shopping centers will continue to … Continue reading

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Changes to Atrium Ljungberg’s company management – Martin Lindqvist is leaving

Martin Lindqvist has worked as the CFO of Atrium Ljungberg since 2016 and has been part of its executive management. He has decided to leave the company as the role of CFO will be changing. “During his time at the … Continue reading

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Technology is The Future for Outlet Centers

By David Fuller-Watts Europe’s luxury outlet centers, including Bicester Village, will be among the biggest beneficiaries. Before the pandemic, the UK’s Bicester Village, located near Oxford, received around 7 million visitors a year–a third of whom were from overseas. Incredibly, … Continue reading

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Polish shopping centres join the vaccination drive

Nearly 12,000 people have been vaccinated in five EPP shopping centres so far. In addition, the company donated 160 advertising media in its buildings free of charge for the national government vaccination promotion campaign. By 10 August, over 35 million … Continue reading

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The home & deco market continues to grow: CBRE assisted JYSK in opening a new store in Bucharest

“The home & deco market, one of the winners of the pandemic, continues its growth in Romania this year as well. We are glad that we were able to advise the retailer JYSK again in expanding its network by opening … Continue reading

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The Crown Estate appoints Simon Harding-Roots as Managing Director for its London portfolio

Most recently, Simon worked at Grosvenor Britain and Ireland as Board Director helping oversee overall strategy, and as Executive Director leading the Major Projects team delivering major real estate investment and regeneration projects across London worth around £2 billion. He … Continue reading

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Ashford Designer Outlet extension shortlisted for 2021 WAN Award

The Ashford Designer Outlet extension, designed by Chapman Taylor’s London studio alongside Applied Landscape Design and delivered by the Bristol studio in conjunction with Main Contractor McLaren, adds 46 retail, leisure and F&B units to the 80 already operating, as well … Continue reading

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Antti Pelli to strengthen JLL Finland’s Capital Markets team

Antti also has acquired consulting experience from his time at Pöyry. Antti will be transferring to JLL from Pareto Securities, where he worked as a partner responsible for Pareto’s real estate investments in Finland. At Pareto, Antti was representing e.g., … Continue reading

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S&P Affirms NEPI Rockcastle’s Credit Rating At ‘BBB’ And Revises Outlook From Negative To Stable

The rating reflects the S&P’s view that the company’s operating performance will continue to stabilise with improving footfall numbers and tenants’ sales as economic activity recovers in CEE, thanks to the quality of the Group’s assets and limited competition. The revised outlook … Continue reading

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“Major Cities Will Continue to Grow”

ACROSS: Before we dive into the specifics, can you give me an overview of what Redevco plans to do in terms of growth and diversification? HERMAN JAN FABER: Our growth and diversification strategy is based on two pillars. On the one … Continue reading

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IKEA opens a large city department store in Gallerian, Stockholm

As restrictions ease in the wake of the pandemic, several new initiatives for future retail see the light of day. Another is officially announced today. In 2022, IKEA Sweden will open a city department store in Gallerian, the first department … Continue reading

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Recently Opened

As the old adage goes: “Man lives for fewer than a hundred years, but worries about a thousand.” That is all the more applicable when there are several dozen openings to be carried out in a year and one often … Continue reading

ParkLake chooses the Nooka Space smart office solution offering its customers the option to work remotely from the mall’s garden

Launched on the local market in April this year, Nooka Space is the Irish start-up that initiated in 2020 the first concept of smart proximity offices in the world, because of the pandemic and the changes that occured in the … Continue reading

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PATRIZIA delivers strong returns for investors through selling big German retail portfolio

The portfolio has been sold to GPEP, a German based investment manager focused on food retail. The portfolio has a GLA of 144,000 sq m and comprises 50 grocery stores let to strong covenants across Germany. Eight of Germany’s ten … Continue reading

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New flagship store at Kurfürstendamm

50s cinema charm meets modern retail design: thanks to the extensive renovation work carried out by Schwitzke Project as general contractor, the Tommy Hilfiger store on Berlin’s Kurfürstendamm now presents itself in a new look. Inspired by the history of … Continue reading

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Deutsche Investment Acquires Discount Supermarket in Dieburg, Germany

The transfer of benefits and burdens already took place. The two parties agreed not to disclose the selling price.The building, which was raised on a plot of around 4,700 square metres in 2016, has a lettable area of about 1,153 … Continue reading

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Gravity launches debut concept at Southside Wandsworth

Joining 16 sites in the UK and a franchise in the Middle East, Gravity Southside offers the first all-electric, multi-level go kart track in a UK high-street environment, and a first-of-its-kind bowling alley in the UK, with a choice of … Continue reading

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The rebirth of an institution

For some time now, the demise of department stores has been a hot topic in the industry. However, one property in the French capital is bucking this trend: La Samaritaine, which recently opened its doors again to welcome shoppers. In … Continue reading

Reshaping tomorrow’s retail landscape

By Cindy Andersen I am told that “let and forget” was once a good-humored saying in retail real estate. It was a reference to the simplicityand predictability of investing in shopping centers. In a world where you built a mall, signed up tenants on long leases, and then sat back and collected the rental income. … Continue reading

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OUT NOW: NEW ISSUE „THE COMEBACK”

Top-quality industry information is very important, especially in challenging times. Therefore, ACROSS will further expand its reporting, particularly in the online sector. You will find our publication dates for 2021|2022 here. Benefit from our strong presence to further improve the … Continue reading