Strong first close sets up MEREP 3 for a substantial fundraising increase from investors across Europe.
Hunter REIM closed the sale of „Fairway” portfolio to Centerscape Investments. The last property, sold within this portfolio transaction, was a retail park in Toruń.
Mitiska REIM, a leading specialist investor in European convenience real estate, has announced the opening of Ninouter, a retail park with a CO2-neutral building in operation in the Belgian city of Ninove, located 30 kilometers west of Brussels.
The pandemic has confirmed the resilience of Immofinanz's low-cost retail formats and has resulted in the introduction of new concepts. Immofinanz Board Member Dietmar Reindl spoke with the publisher of ACROSS Magazine, Reinhard Winiwarter, about the resilience of retail relationships, the need for more service, and the company's expansion plans.
Redevco has acquired a majority stake in redos, the Hamburg-based large-scale retail and urban logistics property investment specialist. Acquisition is aligned with Redevco’s mission to be a trusted partner in creating more sustainable and liveable cities.
Mitiska REIM announces the opening of a new retail park in the city of Pulawy in eastern Poland. Originally a Tesco hypermarket, the site has now been transformed into a modern food-anchored retail park, designed to achieve a “Very Good” score on the BREEAM scale.
German non-food retailer, TEDi, and the Austrian chain of sport stores, Hervis, will open their shops in newly emerging retail parks in Romania developed by the Polish company Scallier. In total, the new stores will occupy an area of nearly 5,500 sq m in the facilities located in Timisoara, Vaslui, Mosnita, Turda (TEDi) and in Vaslui and Turda (Hervis).
The retail park in Focsani, which was opened in November last year, received the BREEAM certificate at the Excellent level. A commercial facility with a lease area of 5,000 sq m is part of the network of compact retail facilities developed by the Polish company Scallier in Romania.
The Hahn Group has signed a new lease with Kaufland for the Sterkrader Tor Retail Park in Oberhausen, North Rhine-Westphalia. Kaufland will take over the space of the previously located EDEKA store, whose lease will expire at the end of 2022.
Union Investment has acquired the retail park Planetencenter for the UII GermanM special real estate fund from the seller Savills Investment Management.
Mitiska REIM has completed the sale of Retail Park Mlyn in Wroclaw to AB Tewox. The retail park was originally acquired in July 2015 on behalf of the First Retail International fund (FRI).
British Land has agreed four new leasing deals with discount supermarket, Aldi, at its retail parks across the UK, totaling c. 7,897 sq m of space.
Hunter REIM sold to Centerscape two retail parks located in Warsaw and Inowroclaw (Poland), offering ca. 4, 550 sq m of leasable space, both assets having the Netto chain as grocery anchor operator.
LCP Group has kicked off 2022 with its biggest retail acquisition to date, signing a €165 million deal for two UK shopping centers.
Greenman OPEN (OPEN) has acquired three retail parks for a combined value of c.€90 million, increasing the fund’s AUM to more than €1 billion.
The Polish company Scallier has obtained the building permit for a new retail park with a leasable area of 9,975 sq m (GLA). The facility is located in Vaslui, a city in eastern Romania, and scheduled to be put into service in 2022.
Despite the challenging market environment IPH Group continues to grow. Leasing volume and new mandates significantly expanded again in 2021.
HIH Invest Real Estate acquired Warnow Park in Rostock (Germany) on behalf of an individual mandate given by an institutional investor. The district center in the Lutten Klein district was sold by Highstreet VIII, a retail property fund managed by Corestate.
Altera Vastgoed sold its property on Kaap de Goede Hooplaan in Utrecht to an abrdn fund.
Ukrainian real estate investor Focus Estate Fund has acquired the Turawa Park shopping center in Opole, southern Poland, from Edinburgh-based Abrdn for an undisclosed sum.
