MediaMarkt extends lease on Johan Cruijff Boulevard

REAL I.S. AG has extended a long-term lease agreement with MediaMarkt for the building at Johan Cruijff Boulevard 123-125 in Amsterdam.

The strategic location of the electronics giant is one of the first stores opened in the Netherlands. Since 2000, the organization has been leasing the retail space of 10,000 sqm next to the football stadium Johan Cruijff ArenA. This means that MediaMarkt has the largest multimedia store in the Amsterdam area.

Johan Cruijff Boulevard, called the ArenA boulevard until 2020, is a pedestrian promenade in the center of Amsterdam-Zuidoost. It connects the Ziggo Dome and the Johan Cruijff ArenA with train station Bijlmer ArenA. MediaMarkt’s neighbors include AFAS Live, Pathé Arena and homeware mall Villa ArenA.

The landlord, REAL I.S. AG, is one of the leading German real estate investment providers and is active in various European countries and in Australia. Since 2017, the organization has a branch in Amsterdam. This allows them to manage investments regionally.

Colliers International assisted the owner, Real I.S. AG, in this transaction.

Sign up for our ACROSS Newsletter. Subscribe to ACROSS Magazine.

Ticker MORE

PropTech solution enables easier and faster sales reporting across retail real estate sector

Retail property owners and managers across Europe are removing friction from the process of collecting tenants’ turnover data by using Chainels, the tenant experience app.

Placewise Wins PropTech Breakthrough “Commercial Property Management Platform of the Year”

The annual awards program recognizes innovation in the global real estate technology industry. The company wins the awards for second year in a row with Tenant Connect.

FOCUS with new tenant – Ukrainian start-up Bafood set to open another restaurant in Warsaw

Bafood, a Ukrainian delivery-first restaurant concept, has joined the list of tenants of the FOCUS building in Warsaw. JLL Poland, a leader in the country’s real estate consulting sector, assisted in the leasing side in the transaction.

CHARLES TYRWHITT UNVEILS FIRST OF ITS KIND STORE AT CENTRE:MK

British menswear brand, Charles Tyrwhitt, has officially unveiled the first of its new store design at centre:mk, one of the top 10 retail destinations in the UK.

ANCHOR BRAND SUPERDRY OPENS AT ICON OUTLET AT THE O2 AS THE DESTINATION CONTINUES TO OUTPERFORM

Icon Outlet at The O2, developed by AEG and Crosstree Real Estate Partners, has announced the opening of Superdry, the premium apparel brand. The opening coincides with a record-breaking summer trading period across The O2’s Entertainment District and Icon Outlet.

VIA Outlets Appoints Thierry Seang as Investment Director

VIA Outlets, the industry-leading owner-operator in redefining the outlet shopping experience across 11 premium outlets in Europe, announces the appointment of Thierry Seang as Investment Director.