Author Archives: Online Editor

Kulturgesichter053 displayed on 15-meter shop window front at designer outlets Wolfsburg, Germany

Kulturgesichter053 are service providers and people who work behind the scenes, but also on stages to earn their living and support their families. Some of these people also have second jobs in the culture and event industry as temps, or are volunteers for Kulturgesichter053. This industry is not some … Continue reading

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redos sells Kaufpark Nickern in Dresden, Germany

Kaufpark Nickern in Dresden has a new owner – the investor Kurt Krieger. The property previously belonged to a joint venture between redos and the US investment company Madison International Realty, and was part of the so-called Christie portfolio. At … Continue reading

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Ingka Centres acquires Toronto shopping destination to be anchored by IKEA Canada’s first downtown store

Ingka Centres and IKEA Canada (both part of Ingka Group) are excited to announce plans to make IKEA more accessible to Torontonians with the retailer’s first downtown store in Toronto. Today, Ingka Centres (the shopping centres business of Ingka Group) … Continue reading

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Grosvenor Group sells 10% of Sonae Sierra

Grosvenor Group Limited (‘Grosvenor’), one of the world’s largest privately-owned international property companies, has sold a 10% share of Sonae Sierra, the multinational retail real estate company, to Sonae SGPS, for a total consideration of approximately 82 million euros.  The … Continue reading

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Mitiska REIM secures €123 million financing facility with Erste Group Bank AG for Romanian retail park portfolio

Mitiska REIM’s Romanian portfolio is one of the largest retail real estate portfolios in the country, encompassing 24 retail parks with a gross leasable area of 132,000m2. The entire portfolio was developed, built and managed to a high standard by … Continue reading

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Redevco announces the opening of ‘Le 31’ in Lille, France

The new stores will start opening between mid-March and summer. With the tenants of the office area already using their new workspaces, real estate investment management company Redevco proudly announces the opening of this novel venture in the heart of … Continue reading

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Wembley Park welcomes Amazon Fresh to its growing line-up of brands

The store is part of Quintain’s multi-billion pound transformation of Wembley Park, where it is delivering a variety of exciting brands. The store will offer further choice to Wembley Park’s tens of thousands of residents, the 1.2 million people living within 20 minutes, and the … Continue reading

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The sports brand Joma opens its store at La Torre Outlet Zaragoza

“At last, we can announce that one of the most valued sports brands arrives at La Torre Outlet Zaragoza. Joma is a world-renowned firm and its opening in the middle of the Spring campaign is the perfect opportunity to acquire … Continue reading

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Numerous Store Openings across Austria

In spite of the economically challenging times in the brick-and-mortar retail sector, which have been brought about by the pandemic, new chain stores and service providers have been secured for SES shopping centers. Since February, numerous new stores from the … Continue reading

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Fosse Park development takes shape ahead of phased opening

The expansion project, which has been underway since April 2019, will open to the public on 12th April, with brands opening in phases from this date, subject to the latest Government regulations. In advance of this, some of the brands … Continue reading

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People in move

Fleur Abas Redevco Credit: Redevco Redevco has attracted Fleur Abas to strengthen the Redevco team as Transaction Manager for the Dutch market as of 1 February 2021. Abas will be responsible for the acquisitions and disposals in the Netherlands. As … Continue reading

Hollister comes to Lago

A new international label will open in the Lago Shopping Center in Constance on April 1, 2021: Hollister. The new store on the ground floor will include the assortments of Hollister and its sister brand Gilly Hicks on approximately 400 … Continue reading

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Primark recently opened at Cité Europe near Calais

The opening of Primark represents a milestone in the commercial relaunch of Cité Europe. In 2020, the center was restructured and revamped by Carmila and Carrefour Property, who replaced the nine entrances, refurbished the rest areas, and created a Wi-Fi … Continue reading

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Fleur Abas strengthens Redevco Netherlands as Transaction Manager

Abas will be responsible for the acquisitions and disposals in the Netherlands. As Redevco, currently predominantly invested in retail real estate, seeks to diversify into other urban sectors, future investments will have a strong focus on mixed-use locations and residential … Continue reading

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How Mallcomm has responded to the impact of the global pandemic

Why Mallcomm has been at the forefront of this change The global pandemic has forced the hand of many real estate businesses to adapt and evolve in a post-pandemic world. Mallcomm has been at the forefront of this digital transformation … Continue reading

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Chariot sales 4 retail parks in the highest volume retail transaction on the Polish market since beginning of COVID-19 pandemic

The deal is the final of the three tranches that Chariot Top Group BV sold to EPP. The last tranche comprises 4 retail parks with excellent locations in Olsztyn, Opole, Kielce and Tychy with GAV amounting to €106.0 million and 110 … Continue reading

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Westfield Mall of the Netherlands officially opened

By opening in this way, Westfield gives entrepreneurs the space to start selling safely under the current circumstances and in accordance with the applicable guidelines. The planned festivities will be postponed to a later time, when the restaurants, cinema and … Continue reading

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New tenant in former Karstadt building in Munich’s OEZ mall

The shoe and textile retailer, well-known in Southern Germany, is creating Munich’s largest store for women’s, men’s, sports and children’s shoes on a total of 9,500 m². The range is complemented by women’s, men’s and children’s fashion. The lease has … Continue reading

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A new CFO for MAS

Irina Grigore holds degrees in engineering and international economic relations and was a senior audit associate with PricewaterhouseCoopers prior to fulfilling senior management roles in finance and information systems with Nepi Rockcastle and Prime Kapital. Victor Semionov shall remain an … Continue reading

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Installation of building technology and integrated FM for Rée Carré in Germany

Following the installation of technical facilities for heating, sanitation, ventilation, and cooling by the specialist Apleona subsidiary Apleona Wolfferts last year, the real estate service provider has now also taken on integrated facility management for the recently opened urban district … Continue reading

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