Author Archives: Online Editor

Quarree Wandsbek upgrades exterior facade with 3D LED video walls

The smaller, three-sided screen on the left side of the shopping center’s facade, the so-called cube, has a total area of 27 sq m. Above the main entrance, an extensive three-dimensional digital LED surface–called the tower–extends over a total area … Continue reading

Elephant Park joined by four east Asian brands

Wanyoo was founded in 1998 and now has over 1,300 locations across four continents. The new Elephant Park site will be the brand’s fourth in the UK, covering 178 sq m and seating up to 45 players. Having signed for … Continue reading

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Revcap sells six Metro stores to MiDEAL Real Estate Funds

The buildings, which are leased long-term to the Metro Group, are located in Würselen near Aachen, Sankt Augustin near Bonn, Gundelfingen near Freiburg, Koblenz, Regensburg and Korntal near Stuttgart. Matthias Wilke, Managing Director of Revcap Germany, says: “We acquired the … Continue reading

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CBRE sells BIG Shopping Park in Copenhagen to M&G

Opened in 2015, the c. 40,700 sq m shopping park in Copenhagen is a hybrid between a retail park and shopping center. It has 24 tenants and is anchored by two supermarkets and two large electronic stores. BIG offers a … Continue reading

Trei borrows another €27.5 Million for Retail Parks in Poland

The loan has a five-year maturity. The debt capital is earmarked for further residential developments and the construction of additional Vendo Parks in Poland. Matthias Schultz, the CFO of Trei Real Estate, commented: “We are glad to report that we … Continue reading

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MPC Properties buys Delta City shopping center in Belgrade

“By acquiring Delta City shopping center, MPC Properties is able to offer to tenants and business partners not only a quality and diverse portfolio, but also the best market conditions for business development”, said CEO of MPC Properties Maxence Liagre.  Besides … Continue reading

Mixed-use tower Timber Pioneer in Frankfurt receives building permits

The Timber Pioneer is located in Frankfurt’s Europaviertel district. The 8-story building offers 14,100 sq m of office space and around 1,000 sq m of retail space on the first floor. It is planned that this space will be available … Continue reading

Newsec recruits Patrik Attemark as new CEO

“Patrik Attemark’s experience in acquiring and integrating companies into one structure and one culture combined with his results-driven leadership are qualities that will support our business when we now intensify our European growth strategy”, said Newsec chairman Urban Edenström. Patrik Attemark … Continue reading

Time Retail Partners appoints James Hessey to the Investment Team

James began his career at DTZ, working in the shopping center investment team where he gained understanding of investment marketplaces. James then joined RBS, where he worked for eight years in the real estate finance, restructuring, and capital resolution teams. … Continue reading

Defama buys two retail properties for €4.4 million in Cologne and near Dortmund

The retail park near Dortmund was built in 2008 and has 2,400 sq m of usable space with JYSK, NKD and Takko as tenants. The purchase agreement is still subject to a condition precedent. Direct neighbors include LIDL, Netto, REWE, … Continue reading

Aliya Mogireva and Daniel McKillop join transaction team at BNP Paribas

Mogireva joins from LaSalle Investment Management, where she was an investment manager. Previously, she was a senior consultant at JLL and a tax consultant at EY. She holds a master’s degree in real estate economics from IREBS International Real Estate … Continue reading

Plans revealed for Malmö Designer Village

Malmö Designer Village (MDV) will feature 18,000 sq m of international and new-to-market brands in its first phase (Summer 2025). It is then set to expand to nearly 27,000 sqm in Phase Two (scheduled for Autumn 2027).  The shopping streets … Continue reading

Stern Center Sindelfingen wins tegut… as new tenant

The supermarket chain will move into an approx. 2,000 sq m remodeled space on the first floor. On behalf of the asset manager Corestate Capital Group, Multi is responsible for the operational and strategic management as well as the refurbishment … Continue reading

Hahn Group appoints Daniel Löhken as new Executive Board member

“With Daniel Löhken, we are appointing a manager who has a great deal of experience in real estate and finance. We are convinced that with him we are even better positioned as a company for future challenges,” said Stefan Brendgen, Chairman … Continue reading

Bradford AM buys retail park in France for €35.5 million from Commerz Real

“Following the successful repositioning, we took advantage of the sustained demand to achieve a good result for our investors by selling this retail property, which no longer fits into our fund strategy,” explains Mario Schüttauf, fund manager of Hausinvest.  Located south … Continue reading

Habona buys local shopping portfolio in Germany for over €17 million

The four properties with a total leasable area of around 6,000 sq m and the long-term anchor tenants Netto and Wasgau are located in Rhineland-Palatinate (Simmern) and Bavaria (Steinfeld, Pressath and Gotteszell).  At the already established locations in Bavaria, new … Continue reading

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Green Light for 155-meter mixed-use tower in Vienna Twentytwo urban quarter

Foundation work is currently being carried out as the basis, with a rotary drilling rig at the excavation pit, which is up to 15 meters deep. This will be used to drive around 280 reinforced concrete bored piles up to … Continue reading

FOM leases 7,600 sq m to Edeka at shopping center in Hannover

The lease to the retail chain thus gives the go-ahead for the remaining spaces still available at the site: around 1,000 sq m on the first floor of Davenstedter Strasse 100 and around 5,500 sq m on the second floor … Continue reading

Cushman & Wakefield wins again at CIJ Awards Czech Republic

Jan Kotrbáček, Partner & Head of CEE Retail Agency team, said: “It is our pleasure to continuously participate on the development of this significant sector of the Czech economy and contribute to improving the retail and services offer as well as … Continue reading

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Redevco creates NextGen Board for new future-proof strategy

Cities are evolving rapidly and need to become healthier, more sustainable places for the well-being of both, people and planet. This is particularly relevant to the younger generation, therefore the NextGen Board will be instrumental to help the company play … Continue reading