Author Archives: Online Editor

Jonathon Bond appointed as Non-Executive Chairman of Grosvenor Britain & Ireland

Grosvenor Group (Grosvenor) has appointed Jonathon Bond as Non-Executive Chairman of the Grosvenor Britain & Ireland (GBI) board. He succeeds Graham Pimlott who has served on the GBI board since 2009. Jonathon will join the board on July 29, 2019 … Continue reading

Galeria Chełm concluded a project financing agreement with mBank, amounting of €21 million

Investors Acteeum Group and Equilis Poland have secured €21 million in bank financing from mBank for their Galeria Chełm shopping center project in Chełm in eastern Poland. The opening of Galeria Chełm is planned for the first quarter of 2020. … Continue reading

Gazit Globe to acquire all remaining minority shareholder interests in subsidiary Atrium

Gazit-Globe Ltd. announced that it has entered into a definitive agreement to acquire all of the issued shares it does not currently own of its publicly-traded Jersey Island subsidiary, Atrium European Real Estate Limited (“Atrium”), at a price of 3.75 … Continue reading

Gebr. Heinemann published new CR Report

Based on the standards of the Global Reporting Initiative (GRI), the Corporate Responsibility Report guides the reader through the ideas and solutions the company has identified and realised so far in the commercial, workplace and environmental areas. “Our credo is … Continue reading

Fruitisimo reaches 80 stores: Thirsty for further expansion

The recent Hungarian expansion follows a successful multi-franchise deal with Shell in Czech Republic, which has led the company to pursue further multi-franchise deals with local operators across Europe. According to Fruitisimo founder and CEO, Jan Hummel, the Hungarian market … Continue reading

Multi appoints Pat Nash as Managing Director Ireland and United Kingdom

Pat Nash has almost 30 years’ experience in real estate asset management in the shopping center industry in the United Kingdom and Ireland. Before joining Multi as Director of Asset Management in 2016, he was Asset Management Director of Green … Continue reading

Special light art at the shops at Crystals

Working with MK Illumination and LedsArt, the center launched a worldwide competition that invited designers to submit their creative ideas for the theme “The Art of Spring”. The winning entry submitted by artist and designer Danny X was entitled “(e)motion … Continue reading

HMSHost International recognised for CSR at the 2019 FAB Awards

The Moodie Davitt Report, through its 2019 Airport Food & Beverage (FAB) Conference & Awards, recognized global restaurateur HMSHost International with two regional awards for business initiatives and three highly commended nominations for its associates. The FAB Awards recognize and … Continue reading

Neinver and Nuveen Real Estate acquire Silesia Outlet in Poland

The new acquisition becomes Neptune’s sixth asset in Poland and the 15th in Europe, including one project under development. Silesia Outlet opened on March 27, this year featuring 12,000 sq m and 60 stores of well-known local and international brands … Continue reading

Light Cinemas to open at Kingsgate in Huddersfield, Northern Ireland

The announcement, confirmed by Kingsgate owners WD (Kingsgate), follows Kirklees Council’s decision to grant planning permission to convert the House of Fraser unit at the center into several restaurants and a street food area on the lower ground floor with … Continue reading

Stockmann to redesign its Jumbo department store

This move will strengthen Stockmann’s position as the most popular fashion retailer in the Helsinki Metropolitan area. The redesign of the Jumbo department store is part of the company’s ongoing transformation process, which targets to position Stockmann as a fashion … Continue reading

Unibail-Rodamco-Westfield launches the Westfield brand in Continental Europe

The introduction of the Westfield brand was announced when Unibail-Rodamco acquired Westfield in 2018 to form Unibail-Rodamco-Westfield, the premier global developer and operator of flagship shopping destinations. Unibail-Rodamco-Westfield officially unveiled today the names of the first ten flagship shopping centers … Continue reading

intu contributes nearly £5bn to the economy as job numbers rise

Research into the economic benefits of 17 of the country’s biggest and most popular shopping centers found retail and leisure destinations owned by intu are worth nearly £5bn to the economy and supported more than 130,000 jobs across the country … Continue reading

Signa Sports United takes over TennisPro Group

The contracts include the takeover of the TennisPro group of online companies as well as the well positioned franchise store network with 46 stores in France, Belgium, and Italy. TennisPro complements Signa Sports United’s Tennis vertical under Tennis-Point, the leading … Continue reading

Iulius Town Timişoara will open on August 30, 2019

On August 30, 2019, Iulius and Atterbury Europe will open the first phase of the Iulius Town Timişoara project (formerly known as Openville), the largest real estate investment in the region, adding up to more than € 220 million. Designed … Continue reading

ACROSS Special Issues

Tuesday, 26/5/2020 Thursday, 23/4/2020 Wednesday, 1/4/2020

Focusing on digitization at ECE Retail Meeting 2019

The internationally operating French sporting goods and clothing manufacturer and retailer Decathlon has been on the market for more than 40 years. The family company operates 1,500 stores in more than 50 countries with almost 90,000 employees. Decathlon has approximately … Continue reading

Neinver and Nuveen Real Estate lay cornerstone for Amsterdam The Style Outlets

Neptune, a joint venture between Neinver and Nuveen Real Estate, has laid the foundation stone for Amsterdam The Style Outlets. With piling and foundation works already completed, construction works for the center are moving forward for an autumn 2020 opening. … Continue reading

Klépierre launches a podcast series called “Good Morning Retail!”

For the series, Klépierre is drawing on the expertise of its teams but also inviting external authorities in their field, to offer theme-based segments on the innovations, practices and fundamental trends contributing to the transformation of retail. Klépierre Chief Communications … Continue reading

Bologna Airport: Heinemann Duty Free and Majani unveil iconic 150 cm chocolate sculpture

Travel Retail Italiana, a subsidiary of Gebr. Heinemann, and the Bolognese chocolate manufacturer Majani recently officially unveiled a 150 cm chocolate sculpture in the Heinemann Duty Free & Travel Value Shop, located in the Schengen area at Bologna Airport. The … Continue reading