February 2019

ICON Outlet at The O2, the UK’s first urban outlet developed by AEG and Crosstree Real Estate Partners has announced the opening of Brooks Brothers, America’s oldest retailer.

With an investment of 52 million euros, Jardín Plaza Cúcuta opens its doors to the public as the city’s largest shopping centre. With its 40,000 sq m and open-air design that highlights the region’s culture, Jardín Plaza will offer the inhabitants of Cúcuta a unique experience.

Klépierre, the pan-European leader in shopping centers, has become the largest real estate portfolio in the world (by value) to be BREEAM In-Use certified for sustainable management. The Group has gone beyond the traditional asset per asset certification approach to adopt a full-portfolio one thanks to an innovative, long-term partnership with BRE, the certification body, and Longevity Partners, an advisory firm specialized in energy and sustainable property investment.

Lendlease and Invesco Real Estate, the global real estate investment manager, have announced that Skechers, the global lifestyle and performance footwear brand, has signed for a brand-new store at Queensgate in Peterborough.

VIA Outlets – the fast growing owner-operator of premium outlet shopping destinations in Europe – reports strong results for 2018, boosted by increased footfall (+3.5% year-on-year)* and an increase in the average spend per guest (+5.6% year-on-year)*. This positive performance has been achieved amidst the current challenges facing the retail sector.

Lifestyle Outlets, part of Peel L&P, is driving growth across its successful experience-led outlets portfolio with £150m of further development and are looking to accelerate this growth by bringing in a new strategic investor.

The portfolio of 15 outlet centres in Europe welcomed 42.3 million visitors in 2018.

The Boulevard, in Northern Ireland has announced record footfall and turnover for 2018.

Shaftesbury is delighted to announce that The Collection, an outlet stocking exclusive streetwear and rare designer goods, will open its London flagship at 17 Brewer Street, Soho, this February.

Public consultations have taken place on the proposals by British Land and Plymouth City Council for the enhancement of Old Town Street in Plymouth.

Cracovia Outlet Center, KG Group’s flagship development project, is being built in Krakow as part of a multifunctional commercial zone. The developer is designing a concept which is mainly focused on the optimization of purchases. The outlet center will be located on one common area with other commercial facilities. As a whole, it is being implemented with the view of maximizing shopping convenience for future customers.

The Galeries Lafayette group, which has an exclusive franchise agreement to operate the Eataly brand in France, will open its first Italian marketplace in the heart of the Marais district in Paris, on Friday, April 12, 2019.

Cushman & Wakefield has re-hired Duncan Gilliard as a Partner in its Central London retail team to bolster its market leading offer.

intu has signed up the first of a new concept from thriving food hall business Market Halls for intu Lakeside’s £72 million leisure extension.

Construction works of the Acteeum Group and Equilis Polska joint project – Galeria Chełm – have just begun. Investors have signed a contract with KARMAR S.A. which is becoming the general contractor of the project. Galeria Chełm with a GLA of 17.5 thousand sq m will be the first shopping center in Chełm and at the same time the first joint venture of both investors.