Monthly Archives: January 2019

Italy: 2018 closed with investments in commercial real estate worth around €8.6 billion

The Q4 2018 saw commercial real estate volumes of about €3.5 billion – one of the best fourth quarters of the last five years and the third best historically. The activity recorded in the second half of 2018 has reduced … Continue reading


The revitalised historic prime high street building, located on the prestigious Prague shopping street in the city centre, has an attractive address and is almost 100% occupied. The parties to this transaction have agreed not to disclose the purchase price. … Continue reading

H & M Hennes & Mauritz AB Full-year report

Full-year (1 December 2017 – 30 November 2018) The H&M group’s net sales, increased by 5 percent to SEK 210,400 m (200,004) in the financial year. In local currencies, net sales increased by 3 percent. The ongoing transition work contributed … Continue reading

Union Investment reduces the retail share of immofonds 1

It is well known that the booming online retail market takes its toll on stationary retail. According to a study commissioned by the Austrian Chamber of Commerce, 4.1 million Austrians (aged 16 to 74) shop online and spend on average … Continue reading

The Style Outlets grows throughout Europe

The Style Outlets goes Dutch: Retailers looking for the Netherlands’ sweet spot have found a honey of a hub at SugarCity. This former sugar factory is among the fastest-growing multi-use developments in the country, located approximately 15 km from Amsterdam … Continue reading


Supernova is a leader in the development and property management of shopping malls and retail parks, activating on Slovenian and Croatian markets, with a portfolio of over 20 shopping centers. The partnership with Oasis for the project in Sibiu marks … Continue reading

The European Outlet Market is under pressure for innovation

By Thomas Reichenauer As a young, innovative, and growing European outlet operator ROS Retail Outlet Shopping delivers a strong ‘Think global, act local’ approach in 9 different countries during changing market conditions. While Germany was more in the focus of … Continue reading

Now open: The first premium outlet village in the Nordics

On November 29, 2018, it finally happened: Zsar Outlet Village in Vaalimaa, Finland, the first premium outlet village in the Nordics–according to developer East Finland Real Estate Ltd.–opened its doors. The scheme’s phase I with its 12,000 sq m GLA … Continue reading


Starting as an online business and founded by Imperial Business School classmates Johan Obel and Clemens Böninger in October 2018,’s pop-up on The King’s Road has already sold a month’s worth of online sales in the first two days … Continue reading

Stockmann has sold the Nevsky Centre property in St. Petersburg

The transaction included Stockmann’s fully-owned Russian subsidiary, OOO Stockmann Nevsky Centre, which owns 100% of the Nevsky Centre property. Further information on the transaction is available in stock exchange releases published on 16 October and 18 December 2018. The transaction … Continue reading

AEG and Crosstree Collaboration – Icon Outlet Opens in London

Designed by CallisonRTKL, the scheme in London boasts a premium-led offer, launching with a mix that offers consumers relevant, inspiring fashion, lifestyle, and accessory brands, including the first Cheaney Shoes outlet store, Aspinal of London, Gant, James Lakeland, Hobbs, Kurt … Continue reading

News from Moscow – “Ordzhonikidze 11” Second Phase

The scheme is located in the center of Moscow, near “Leninsky Prospekt” metro station. This is the only project in this segment, located within the Russian Capital’s Third Transport Ring Road. The developer of the project is Discount Center, LLC. … Continue reading

Sonae Sierra and Bluehouse Project – Fashion City Outlet Opens in Greece

The outlet and entertainment center opened its doors to the public – in the presence of representatives of local authorities, international and local businesses, and a large number of customers. Fashion City Outlet is a 9-million-euro refurbishment investment, promoted by … Continue reading

Viaduc Village to Open in Summer – Second Phase 2022 Completed

Lionel Mary, Managing Director of Idec Invest, vouched for the architectural success of this village, thanks to Torg’s outlet expertise, leader in its field in the United States. Next to the Millau Viaduct and strongly anchored in its regional heritage, … Continue reading

MK Illumination invites visitors to “experience the extraordinary” at Christmasworld 2019

That’s why in 2019, they are presenting a selection of never-before-seen designs and concepts that combine exceptional design, high-quality products, and innovative use of technology and storytelling that can act as standalone features or key elements of broader client campaigns. … Continue reading


The 800 sq ft unit features their classic collection of crystal jewellery alongside genuine gemstones and accessories. Founded in 1895 in Austria, The Swarovski Crystal Business is run by the fifth generation of family members and has a global reach … Continue reading

Unibail-Rodamco-Westfield cooperates with DC Developments in southern Überseequartier

The buildings comprise of a living area of around 27,600 square meters in total. The objects were designed by architects from Hamburg, house A by Carsten Roth Architekt and house E3 by KBNK Architekten GmbH. The completion is planned for … Continue reading

News in Sweden, Spain and Poland – VIA Outlets Develops Portfolio

VIA Outlets has recently started works on the expansion of its Hede Fashion Outlet, located in Gothenburg, West Sweden. The program will add 2,700 sq m to the center, bringing the total to 19,000 sq m, and will increase the … Continue reading

Scalo Milano to Be Expanded – 25 More Stores

It currently consists of 130 stores that feature Italian and international brands from the fashion and design sectors, and it also boasts an indoor food court that hosts 14 restaurants capable of satisfying all tastes and needs. A program of … Continue reading

Kaiserpassage after Refurbishment Back “In the Middle of Things” – Reopening Officially in February 2019

Under the heading “Mitten im Leben” (which translates into “In the Middle of Things”), it was modernised in technical and functional terms and structurally altered over a two-year conversion and construction phase. With the special character of the quarter around … Continue reading