STRATEGIES AND EXPANSION PLANS OF RETAILERS
Half Price, off-price retailer from Poland, has launched its first store in Croatia at Westgate Shopping City.
Lendlease has announced the signings of e-sports café Wanyoo, Taiwanese tea specialists YiFang, and restaurant & bar Oisoi, which have taken an inter-connected unit spanning over 557 sq m, and will be joined at Elephant Park by sushi and hot food outlet Kokoro.
Revcap has sold six Metro stores with a total leasable area of ca. 130,000 sq m to Israeli fund manager MiDEAL Real Estate Funds.
One of the first anchor tenants signs a lease for the Stern Center in Sindelfingen (Baden-Württemberg) which will be transformed to a hybrid center. tegut... is represented with around 290 supermarkets in six German states.
FOM Invest has leased around 7,600 sq m of retail space in the Linden district in Hannover to the retail chain Edeka.
Deutsche ImmobilienGruppe (DI Group) concluded ten new and follow-up leases for 7,200 sq m in its Berlin shopping center Forum Köpenick.
Deutsche Immobilien Group (DI Group) welcomes EDEKA as new tenant at its property in Dülmen (NRW). The food retailer, which has signed a long-term lease, will take over the 9,346 sq m space on November 30.
Grosvenor Britain & Ireland (GBI) announces the selection of Liverpool ONE by Bershka for its regional debut. The 743 sq m flagship is set to open early next year.
Supermarket Income REIT has acquired a Sainsbury’s supermarket in Swansea, South Wales, and a Tesco supermarket in Maidstone, Kent, from Argo Real Estate Limited for a total purchase price of £73m.
As retail parks become more and more enticing, RegioPlan looks at the market distribution of this asset class across Europe in the following study.
At Wiedner Hauptstraße 66 in Vienna, a corner store offers a wonderful variety of products and experiences that are a joy to behold. The family business, which is now run in the 2nd generation by Martina Wallner-Morin and her husband David Morin, exemplifies what we lack in many places: Authenticity, a commitment to tradition, a focus on regionality paired with modern standards.
MEC and its partners Real Estate, Savills Germany, Dr. Lademann & Partner and WISAG published the 9th edition of the Retail Park Report “About Tomorrow–Retail parks in the city of the future”. The key finding: Sustainable and cross-asset-class strategies are needed to develop cities and rural areas for the future as urban neighborhoods and surrounding areas gain in importance.
Japanese-inspired lifestyle brand Kenji has chosen Manchester’s Trafford Center for its new 4,000 sq ft flagship store, open now. The store is the first to feature an on-site sushi-to-go bar, offering freshly made sushi every day.
German-owned discount supermarket Aldi will open a new branch at the retail park later this year with discount store Home Bargains set to arrive in early 2022.
After several months of renovation work, the traditional Viennese gourmet food store Julius Meinl on the prestigious Graben in Vienna presents itself in new light in the middle of the exclusive pedestrian zone.
Results for the 3rd quarter 2021.
What does that really mean? Retail professionals have been engaged in this discussion for decades. The idea of creating physical, emotional shopping experiences has become an integral part of the retail discussion since physical, brick-and-mortar retail began to decline in popularity.
Following the rapid market exit of shoe retailer CCC from Austria, space in SES shopping centers was quickly allocated to new partners. The Polish discount retailer acquires attractive retail space and will open six new Pepco stores this year.
“Looking at the digital transition, ECSP members are certain that the future is omni-channel.”
For some time now, Berlin Mitte has featured a center with a wow effect: the H&M “Mitte Garten” at Neue Schönhauser Straße 13.
