January 2019

2018 closed with a dynamic fourth quarter: around €3.5 billion worth investments. Annual volumes were down by about 20% compared to 2017 record year but up by 10% compared to the five year average, confirming a good level of activity, according to BNP Paribas Real Estate.

The Austrian company IMMOFINANZ has purchased the remaining 50% of Na Příkopě 14 building from the company LORDSHIP and become the sole owner.

“It has been a challenging year for H&M group and the industry but after a difficult first half, there are signs the company’s transformation efforts are beginning to take effect. Improved collections generated better full-price sales and lower markdowns towards the end of the year. This gave us confidence to accelerate our transformation plans in the fourth quarter with a particular focus on the upgrade of our logistics systems. Inevitably resulting in increased costs but will lead to a range of improvements for customers.” Karl-Johan Persson, CEO

Oasis Retail Development & Consulting enters association with Austrian-based group Supernova for the development of Prima Shopping Center Sibiu, a retail park of 40,000 sq m localized North of Sibiu, near Hornbach.

Sloane Stanley are excited to welcome leading online CBD retailer, thedrug.store, to its first bricks and mortar venture in the heart of Chelsea, trading until February 3 at 341 King’s Road.

The sale of Stockmann’s Nevsky Centre shopping centre to the new owner PPF Real Estate has been completed.

MK Illumination, the world market leader in festive decorative lighting, knows the importance of transforming spaces with emotive and experiential lighting concepts that drive footfall, improve visitor flow, and encourage longer stays.

Lendlease and Invesco Real Estate, the global real estate investment manager, have announced that luxury crystal jewellery brand, Swarovski, is to open their latest store at Queensgate shopping centre in Peterborough this Spring.

DC Developments takes over development, realization and marketing of around 400 apartments in buildings A and E3 eastward of San Francisco Street, after Unibail-Rodamco-Westfield will previously realize the retail area.

DIC Asset AG, one of Germany’s leading listed property companies, reported that the Kaiserpassage a shopping arcade in the Bahnhofsviertel sub-district in Frankfurt am Main will reopen for business in mid-February.

Realm, the specialist asset manager, has seen strong performance over the Christmas period across the key outlet assets it manages – Livingston Designer Outlet, Resorts World Birmingham, Dalton Park in County Durham and London Designer Outlet in Wembley.

Global fashion brand, Polo Ralph Lauren, is set to open its latest store in Liverpool ONE this spring. It will occupy a 1,900 sq ft space and will include both womenswear and menswear collections.

Sonae Sierra, the developer and service provider for vibrant retail-centred properties, has acquired a 50% stake in Balmain Asset Management Group’s Central European platform.