Turawa Park was completed by developer Helical Poland in 2010 for its investor Standard Life. It is a multi-format shopping center with more than 60 stores, including a gallery with an area of 18,031 sq m, a retail park (8,040 sq m), … Continue reading
The easing of the pandemic situation that was still hoped for in December is currently no longer in sight. Rather, the situation is deteriorating worldwide with an enormous, unforeseeable dynamic. This extreme worsening due to the spread of the Omicron … Continue reading
In this context, a larger retail area will also be converted into a parking garage with 240 parking spaces, thus noticeably increasing the convenience of daily shopping. The reconstruction measures are scheduled to begin in the second quarter of 2023 … Continue reading
“On the one hand, Jürgen Kreutz looks back on decades of experience in transaction consulting with a focus on retail real estate; on the other hand, he shares the entrepreneurial philosophy and appreciates the enormous knowledge of the IPH Group,” … Continue reading
The properties have a combined lettable area of 52,000 sq m with ~1,000 parking spaces. Both municipalities have a significant expected population growth that will benefit the centers and its tenants. Daniel Andersson, Head of Acquisitions Sweden, says, “These acquisitions … Continue reading
Tom Hoye, Transaction Director at Redevco United Kingdom, said: “We plan to take a much-loved, but dated, retail asset and transform it into a thriving urban destination which will continue to draw in the local community.” Templars Square, which lies … Continue reading
“Croatia is a promising market, scoring with a strong return of economic growth as well as rising disposable income and consumer confidence. We have been invested in this country for many years and have also been present with our STOP … Continue reading
Nespresso is set to relocate to Trinity from its existing Leeds store in the New Year. Bringing new guest experiences, the brand will operate its interactive boutique concept from the 121 sq m unit which has tastings, demonstrations, and masterclasses. … Continue reading
Henderson Park purchased the shopping center from 50/50 joint venture partners Hammerson and Canada Pension Plan Investment Board for €164.8 million. Silverburn Shopping Center opened in 2007 and has added a leisure extension in 2015; it offers 125 shops and … Continue reading
16% of sales are made online by Austrian consumers For the study, RegioData Research examined over 1000 online stores that are specifically relevant to domestic consumers. The results underpin that Austrians are developing an ever-growing preference for convenient shopping and … Continue reading
Brouwhorst has a total surface area of approximately 7,134 sq m GFA with 28 lettable units and free parking facilities. The acquisition follows the purchase of two individual supermarkets in Nijmegen and Lisse earlier this year. Altera’s CEO, Jaap van … Continue reading
The grand opening in Radzymin brings the Vendo Park portfolio up to a total of 39 retail parks, thereof 29 located in Poland and the others in the Czech Republic and Slovakia. The combined leasing area of more than 2,000 … Continue reading
While sales in the Middle East and the USA slumped from €36 million to €16.5 million in the previous year, 2021 cracked the €40 million mark with projects such as Saks 5th Avenue or the Cartier flagship store in Manhattan. … Continue reading
GranRoma, which has a total GLA of ca. 30,700 sq m over two floors and 1,600 parking spaces, opened in May 2019 and hosts more than 100 stores, including Zara, Maisons du Monde, H&M, Cisalfa and Mediaworld. Next to the … Continue reading
With the addition of Aeria Mall in Casablanca (in the Casa Anfa district), comprising 25,000 sq m GLA, Sonae Sierra now manages three shopping centers in the country: including Arribat Center in Rabat (44,800 sq m GLA), Carre Eden in … Continue reading
Galeria Bemowo is a 30,345 sq m center that opened in 1999 on Powstańcow Śląskich on the fringe of the Bemowo and Bielany districts. It has 120 shops and 944 parking spaces, anchored by a Carrefour hypermarket, Rossmann and RTV Euro … Continue reading
The shopping center, in the Greater London town of Harrow, was refurbished in 2015 and sits at the end of the bustling high street, with a 3-minute walk from Harrow on the Hill station and a 20-minute journey to Central … Continue reading
The property was sold at a price of €80 million net to the vendor, equal to its latest book value. Chasse Sud is located on the banks of the Rhône, between Lyon and Vienne, alongside the Autoroute du Soleil (A7) … Continue reading
“We initiated the ESG turnaround and developed a new fund to drive our sustainability strategy. We have aligned all business objectives and practices with environmental, social and corporate governance criteria–ESG for short,” explains Martin Führlein, GRR Group board member. “We are … Continue reading
Bulgari Shanghai is the third flagship store façade in MVRDV’s ongoing partnership with the Italian jewelry brand. Like the previous designs, the Shanghai project makes use of a visual motif inspired by the portals and cornices of Bulgari’s first original … Continue reading
