Author Archives: Online Editor

Steve Wozniak to give keynote speech at MIPIM 2020

Organised by Reed MIDEM, a subsidiary of Reed Exhibitions, MIPIM, the World’s Leading Property Market, will be held in Cannes from 10 to 13 March 2020. To build our future, leaders in real estate need to anticipate the rapidly changing … Continue reading

Maurice Gigase takes over Center Management at Multi Germany

Maurice Gigase has been the new Head of Center Management since December 2019. Gigase will continue the successful growth course of the company’s center management sector and handle management activities of all 21 assets that are currently in Multi’s portfolio. … Continue reading

centre:mk reports footfall growth bucking the national trend

As a regionally dominant shopping and leisure destination centre:mk continues to attract high spending shoppers, attracted by the convenient layout and extensive range of brands on offer such as John Lewis, Next, Primark and River Island.  centre:mk’s performance is defying … Continue reading

M7 Real Estate acquires The Mailbox, Birmingham’s premier mixed-use asset

The Mailbox, which comprises 1 million sq ft of prime real estate, is the UK’s largest mixed-use asset outside London, situated on an iconic 4.8 acre estate in the centre of Birmingham. Located a short walk from New Street Station … Continue reading

Tattersall Lorenz gains further property management instruction from Union Investment

They include the Meister Areal retail warehouse centre in Nuremberg and the Step 4 service and conference centre in Stuttgart, together with other properties in both metropolitan regions. The assets, which have a total area of 66,300 square metres, are … Continue reading

Disposal of intu Puerto Venecia

intu Puerto Venecia is located in Zaragoza, Spain and is the regional retail and leisure destination for the Aragon region with an annual footfall of 19 million. The transaction is part of intu’s stated strategy of fixing its balance sheet … Continue reading

Nina Müller appointed CEO of Jelmoli

Müller, born in 1969, is an Austrian citizen and will take up her new function within the Swiss Prime Site Group in spring 2020. Nina Müller holds a Master’s degree in International Business Administration from the Vienna University of Economics … Continue reading

2020 in Cinema: Movies at Their Best

By Christof Papousek Review: The past cinematic year has been marked by huge US blockbusters, which, in turn, have boosted global box-office earnings. There is, for all intents and purposes, one party that is primarily responsible for this success: Disney. … Continue reading

Upgrading the existing portfolio

In the spirit of the industry’s current zeitgeist, Ingka Centres already dedicated itself to creating “meeting places” some time ago. Meeting places, as interpreted by the company, are complexes where people find everything they need. This is where they can … Continue reading

E-Mobility and Retail Real Estate – A New Match Made in Heaven?

By Moritz Felix Lück The published opinion in Germany, and presumably elsewhere, appears unanimous in the belief that the end of present-day mobility concepts is near. This future scenario has guided us for years, sometimes more, sometimes less loudly posited. … Continue reading

Bringing Local Flavors to the Plate

By Walter Seib As we are a large company, one might assume that we tend to lose touch with local markets. Indeed, the opposite is true for us at HMSHost International. We are closely connected to the countries in which … Continue reading

20 + 20 = 40 – Millennials Dominate

By Jean-Christophe Bretxa They turned 20 in 2000 or a bit later, and they are now in their 30s. In 2020, millennials will represent the dominant customer group for retail in terms of number as well as purchasing power. Our … Continue reading

Mace submits plans for Stevenage town centre regeneration

The submission follows several months of consultation with local people and businesses during 2019 to capture views on how the town should be revived. The planning application proposal, known as SG1, seeks to transform a significant portion of the town … Continue reading

Supernova acquires ten shopping centers in Slovenia

The Qlandia package comprises of market-leading shopping centers located in Kamnik, Kranj, Krško, Maribor, Nova Gorica, Novo Mesto and Ptuj. In addition, Supernova also acquired a string of shopping parks in Metlika, Ravne na Koroškem and Slovenske Konjice. The second retail acquisition in 2019 The volume of the transaction amounts … Continue reading

MEC receives three new locations from KGAL

MEC METRO-ECE Centermanagement GmbH & Co. KG received a property management mandate from the investment and asset manager KGAL for three new locations as of 1 December 2019. This relates to three predominantly fully let retail properties in Waiblingen, Roth … Continue reading

Marketing during the Construction Phase: Seeing a Challenge as an Opportunity

ACROSS: Mr. Klüter, why has so much money been invested in Quarree Wandsbek? FRANK KLÜTER: There are several contributing factors. Even though the center has been modernized and expanded, and the range has been broadened time and time again, it … Continue reading

Retail News

Premiere in Bratislava Eurovea welcomes Slovakia’s very first Primark Following its expansion in 2022, Eurovea will cover an impressive 84,000 sq m–of which Primark’s first Slovak store will take over 3,660 sq m of net retail space across two floors … Continue reading

A festive, “Furry Christmas” at Rødovre Centrum

Shoppers visiting the center this festive season will experience something truly unique: custom-designed fiberglass dogs surrounded by light, all sporting reindeer horns and preparing to take off with Santa’s sleigh! “This year, our Christmas campaign is not only designed to … Continue reading

OCP sells Buurmalsen shopping centre in Tilburg

Buurmalsen is located in the Reeshof residential district and covers approximately 2500 sq. m., 75% of it convenience retail. Supermarket Albert Heijn and personal care chain Kruidvat are the largest tenants, complemented by a number of local entrepreneurs. Sustainability “In … Continue reading

Mitiska REIM accelerates investment in Romania with 3 new retail parks opened in 2019

The new retail park, which is Mitiska REIM’s largest development project in Romania this year, has a gross leasable area (GLA) of 7,800m2 and comprises 13 units offering a mix of fashion, sportswear, beauty, electronics, restaurants and a pet centre. … Continue reading