Unibail-Rodamco-Westfield (URW) signed an agreement with Crédit Agricole Assurances on April 28, 2021, to sell a 45 percent stake in Shopping City Süd, which is located near Vienna. Austria’s largest shopping center with around 25 million visitors per year is one … Continue reading
By Nicky Lovell Over the past year retailers and–by proxy–retail landlords across the UK and Europe have found themselves facing trading conditions so tough that many businesses on both sides of the landlord and tenant relationship simply may not survive. … Continue reading
In his new role, Edward will form part of the team responsible for managing Orchard Street’s £1.1 bn retail portfolio, mainly comprising of dominant retail parks and warehouses, helping to implement business plans, manage tenants and drive income performance. Edward … Continue reading
Neinver has obtained the AIS (Accessibility Indicator System) certification for its centres in France and Italy. With these certifications, Neinver continues its progress in its ongoing commitment to providing a fully inclusive shopping environment and offering support for people with limited … Continue reading
Korça, the city of serenades and culture is going to be the one that will raise the bar of this business model. Part of this shopping centre will be 4 brands already known for the consumer, which have been selected … Continue reading
Founded in 2015, Redhead Real Estate manages over 1 million m² of logistics and industrial park assets in Germany. The company has adopted Yardi’s cloud-based platform to manage client properties. Redhead will adopt Yardi® Voyager for commercial property management, which combines property … Continue reading
The MOU sets in motion exciting plans to develop the airport’s food and beverage (F&B) offering, with an emphasis on operational excellence and enhancing overall consumer experience in line with Hamad International Airport’s (HIA) vision to become known globally as … Continue reading
Delta Planet investment is worth 70 million euros and is a part of Delta Holding’s big investment plan, which includes building the business headquarters Delta House (opening this summer), renovating Sava Center (starting in autumn 2021) and other big real … Continue reading
Testing, testing, testing: SES Spar European Shopping Centers, Austria’s market-leading shopping center developer and operator, is backing the federal government’s appeal and has further expanded its free COVID-19 antigen rapid testing service for visitors and shopping center employees. Of the … Continue reading
After last year’s successful opening of Galeria Chełm and in parallel with the ongoing construction of Galeria Andrychów, Acteeum Group – developer and investor of commercial facilities throughout Poland – is consistently developing new investments. Koszalin Power Center – facility in the formula of … Continue reading
It’s a great sign when a fashion company opts for a larger retail location in Corona times. Lacoste, the French label for premium casual wear–known for its polo shirts with the crocodile logo–has moved from Munich’s Neuturmstrasse to a new, … Continue reading
A takeaway and a pet shop have agreed leases at Coronation Square, in Edinburgh Place, with LCP, the national commercial property and investment company that manages the parade on behalf of Sheet Anchor Investments Ltd. Gloucester Birds R Us & … Continue reading
The most convenient factor is the possibility to drive your own car to the open parking lot with direct access to the store, and then shop in large retail outlets with low consumer density. According to research, smaller commercial formats … Continue reading
Taking an 11,000 sq. ft unit, Frasers Group has signed a 10-year lease at the brand-new major retail, leisure and community destination in the heart of the town centre alongside flagship stores NEXT, TK Maxx and Sports Direct. Owned by … Continue reading
In April 2019 the President of France, Emmanuel Macron, instructed the CEO of the Kering Group*, Francois-Henri Pinault, to gather his fellow CEOs across the fashion and textile industry in order to establish a coalition. The aim of “The Fashion … Continue reading
Harry, was most recently UK Head of Development at AXA IM Alts, where he led £3.5bn of major investment, development and repositioning projects from start to completion for a range of funds and joint venture investors. Working on urban projects … Continue reading
To further contain the pandemic, the MEC is relying on large areas of corona tests in its shopping centers. The nationwide active Commercial Property Manager provides various areas for corona rapid test stations in its centers. Center visitors can now … Continue reading
The construction loan was provided by a syndicate of banks led by Tatra banka, together with Slovenská sporiteľňa and UniCredit Bank. International law firm Dentons prepared the contract documentation. “Despite over twelve months of pandemic-related restrictions, the Eurovea extension project … Continue reading
The capital’s leading lifestyle and fashion outlet centre is predicting a ‘summer of shopping’, with guests having piled their shopping baskets high in the first week since retail reopened. London Designer Outlet saw total sales up +148% compared to retail … Continue reading
As previously announced, Hammerson has also recently disposed of Brent South Shopping Park (£22m at Hammerson share) and its minority interests in Nicetoile and Espace Saint Quentin for £73m, these were in line with 31 December 2020 valuations. The transaction … Continue reading
