The appointment underlines the retailer’s commitment for further growth in Italy, as Fulvio Fassone has over 15 years of professional experience as Commercial Director at major Italian airports. Before joining Heinemann Italia, he worked several years as Executive Vice President … Continue reading
By João Correia de Sampaio In an evolving retail universe, keeping on top of the trends will be crucial once again in 2020 for companies that want to stay ahead of the curve. As we look to 2020, we believe … Continue reading
The Acquisition of Posnania by Apsys Allianz Real Estate Refinances a 300-million-euro Acquisition Allianz Real Estate, on behalf of several companies within the Allianz Group, has financed the complete acquisition of Posnania shopping center by Apsys via a first-rate loan … Continue reading
ECE has operated the Erlangen Arcaden shopping center since July 2019 on behalf of the previous owner and will continue to be responsible for management and leasing of the center in the future as well. As a result, the portfolio … Continue reading
The clock is ticking. Phase one of the 100-hectare Dream Island development in Moscow is approaching completion. The world’s largest indoor theme park, with 300,000 sq m of entertainment space, is scheduled to open in the first quarter of 2020. … Continue reading
Customers expect a broad product range, a digital presence, a feel-good atmosphere, and personal consulting from retail stores. This is emphasized by the current study ‘Structural Change in the Retail Sector: from the Customer’s Perspective’ by IFH (institute for retail … Continue reading
The purchaser of the property is Bade Immobilien, a family-owned investment manager based in Lower Saxony. Situated in the heart of the German Federal State of Schleswig-Holstein the property comprises 20,154 sqm GLA, which is split over 25 shop units. … Continue reading
Christmas at Swedish shopping center Väla Centrum didn’t begin in December. It began in March. At the top of marketing manager Ulrika Nordström’s wish list was the transformation of the large spaces within the shopping center with stand-out lighting and … Continue reading
The European retail real estate industry is yet again facing serious changes. The flow in the big developers’ development pipelines is decreasing significantly. New developments of conventional shopping centers in Central and Eastern Europe are in short supply; we believe … Continue reading
The year was in December of 2007, when the first phase of designer outlets Wolfsburg opened its doors with approximately 50 stores in Lower Saxony’s eponymous town in. So far, so normal, one would think. However, quite the opposite was … Continue reading
“Sustainable building is characterized by the continuous and rigorous pursuit of a lifecycle-oriented process from the conceptual and design phase to the ongoing operation”, reports Michael Haugeneder, Managing Director of ATP sustain. “We are proud of the fact that we were able to … Continue reading
Taking 2,766 sq ft, Levi’s® has launched at the destination’s fashion-focused South Mall, stocking its coveted clothing and denim collections, and iconic products such as the iconic original 501® jeans. In keeping with the global brand’s heritage of craftsmanship, the … Continue reading
Located in central Radolfzell, overlooking the Bodensee (Lake Constance), the investment was purchased from H Sat, the Swiss family office. The property totals 35,000 sqm of commercial space, including the Seemaxx factory outlet centre, logistics and warehousing units, and the … Continue reading
After more than 20 years in the management team at Union Investment Real Estate GmbH, including the last 12 as Chairman, Reinhard Kutscher (65) will hand over his duties to successor Jörn Stobbe (54) at the end of the year. … Continue reading
It is a brand that has been reinventing itself repeatedly since 1907 and has always successfully combined tradition with modernity as well as locality and international influences. On December 10th, 2019, KaDeWe celebrated the opening of the new boutiques of … Continue reading
He will also be responsible for integrating risk management support into the investment teams, enabling Railpen to continue to deliver strong risk adjusted returns for its 107 clients and 350,000 members. Richard was previously Principal Risk Manager at PGGM, the … Continue reading
As previously announced in July 2019, the forward sale of 75% of the Italik extension for an additional €43m is expected to complete in early 2022, 18 months after the opening of the development. The transaction represented a net initial … Continue reading
Tirana East Gate (TEG) execute payment of 120,000 euros. Another payment was executed by Balfin Group companies in favor of earthquake affected persons in Albania. The company that made the transfer to the bank account of the Ministry of Finance … Continue reading
The six entrances along the length of Boulevard Haussmann as well as Rue Auber and Rue Caumartin ensure outstanding visibility on the street that has the second highest footfall in Paris after the Champs-Elysées. This acquisition was made on behalf … Continue reading
Net profit increased by 12% to €2.72 billion. The executive chairman, Pablo Isla, highlighted that the quarterly figures confirm the Company’s strategy and once again demonstrate the “solid growth being delivered by our integrated stores and online model, thanks to our focus on the highest -quality locations, … Continue reading
