Author Archives: Online Editor

Fiba CP and LC Waikiki cooperation is getting stronger

LC Waikiki, already serving with a 2 thousand m2 store at M1 Adana Shopping Mall, one of the investments of FİBA CP in Turkey, has transferred its store to a larger one with nearly a floor area of 4 thousand … Continue reading

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JD Sports additional tenant in C&A building in Rostock, Germany

In this context, Redevco Germany welcomes an additional tenant in the C&A building in the Northern German city of Rostock as part of an inner-city redevelopment. After five months of construction, JD Sports opened a new shop in the property … Continue reading

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After the 2nd lockdown: ECE intends to relieve its tenants again by 75 million euros

It will therefore offer the tenants who are currently not allowed to open their shops the following, subject to the approval of the respective investors and banks: For the period of shop closure since mid-December, the cold rent will be … Continue reading

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Urban Regeneration: Sustainable solutions to growth

Kintyre Investment GmbH is headquartered in Frankfurt/Main,and was established in 2010. The company is currently working numerous  large-scale redevelopment projects, probably the most well know being the regeneration of the urban precinct on the former site of the “Märkisches Zentrum”. A … Continue reading

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METRO PROPERTIES provides locations for vaccination centers in Neunkirchen and Hürth

“In collaboration with the counties, we are reviewing options in our portfolio that are suitable for vaccination centers to do our part to help combat COVID-19. The METRO PROPERTIES team is pleased that we can provide the sites and support … Continue reading

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Wereldhave sells shopping center Emiclaer in Amersfoort and Les Passages in Bordeaux

Wereldhave N.V. announces today that it has sold its 19,700 m2 shopping center Emiclaer in Amersfoort to Urban Interest and Les Passages Mériadeck in Bordeaux, a 7,350 m2 retail area to Vinci. Emiclaer was one of the Dutch assets earmarked … Continue reading

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Pangea establishes Project Finance company

Pangea Project Finance becomes a sister company of Pangea Property Partners. Pangea is one of the largest real estate advisers in the Nordic region, and we are in an extraordinary position to become a more fully integrated real estate house. … Continue reading

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Opening of Mori Cinema Multiplex in Aquarelle Pushkino

The 11-screen multiplex is equipped with the most modern technologies and services for comfortable pastime: sound-around, floating silver-coated screens, comfortable seats and a separate hall equipped with the latest technology of immersive sound Dolby Atmos, as well as a cinema … Continue reading

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IMMOFINANZ expands crisis-resilient STOP SHOP portfolio by eight locations to 98 properties

IMMOFINANZ is continuing the expansion of its successful STOP SHOP retail park brand, as announced, and has added eight locations to the portfolio shortly before the end of the year. Six fully rented retail parks in Serbia and the Czech … Continue reading

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Unibail-Rodamco-Westfield’s ambitious carbon reduction targets recognized by the Science Based Targets initiative (SBTi)

▪ URW’s targets covering emissions from the Group’s operations (scopes 1 and 2) are consistent with reductions required to maintain global warming under 1.5°C, the most ambitious goal of the Paris Agreement. ▪ URW’s emissions target pertaining to its value chain (scope 3) meet the … Continue reading

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Altera sells retail property in center of Rotterdam

The sale of the property at the Lijnbaan 81 in Rotterdam marks the latest move in Altera’s strategy of focusing on Food & Convenience real estate. Altera has sold the property to a private investor represented by CVGA Vastgoedadvies en Blok … Continue reading

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Carmila joins the SBF 120 and CAC Mid 60

Following the quarterly review of the Euronext Paris indices on 10 December 2020, the Expert Indices Committee (Conseil Scientifique des Indices) decided at its meeting held the same day to include Carmila among the issuers making up the SBF 120 … Continue reading

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Klépierre and Primark announce the opening of seven new stores in France and Italy

Jean-Marc Jestin, Chairman of the Klépierre Executive Board, said: “It is with great pride that the Group welcomes these seven new Primark stores to our malls. These future openings reflect the ability of our malls to offer the best in … Continue reading

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Special Issue „What remains of 2020”

2020 began with the, one might almost say, usual highs of the European retail real estate industry. Hardly anyone thought that a virus, which was already rampant in China at the time, would bring about a paradigm shift. But this what … Continue reading

X²O takes more bathroom to Germany

The Belgian bathroom equipment retailer X²O continues to expand. In the Netherlands, the concept has already shown that it is successful. Now German homeowners and home builders are also to get more comfort, more inspiration – in short: more bathroom.  … Continue reading

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E-commerce will create billion dollar shopping centres

“2020 has been a challenging year for mall operators but it has also been one of much needed change with executives re-positioning their companies for future success,” said Ben Chesser, CEO of Coniq, the Total Customer Engagement Company. “From what we have witnessed … Continue reading

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Construction of Galeria Andrychów has started

Construction works in Andrychów started immediately after the investors signed the contract with the general contractor, KARMAR S.A. Galeria Andrychów is the first retail project in the city and the region to be developed on such a grand scale, with … Continue reading

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STRABAG kicks off Prague’s largest construction project

As consortium leader (52 %), STRABAG, together with the Czech companies Aspira Construction (32 %) and Instalace Praha (16 %), will realise on 250.000 m² around 400 flats, 8,000 m² of office space and 6,300 m² of retail space in … Continue reading

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Landsec: Executive Leadership Team and CoSec appointments

The new team structure will lead the delivery of Landsec’s new strategy, announced in October 2020, which seeks to create value for all stakeholders and positions the company for long-term growth. The strategy is based on four priorities; Optimise Landsec’s … Continue reading

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METRO PROPERTIES extends all its MEC mandates

The extended mandates cover customized services around integrated center management of retail parks and hybrid malls including commercial and technical management as well as leasing. “We are pleased to have been able to successfully advance the further development of the … Continue reading

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