February 2019

Cushman & Wakefield advises to Brand Melville in a new opening in Passeig de Gràcia

The fashion brand italian Brandy Melville will open from next March 1 a new store in Barcelona at Paseo de Gracia 37.

Hufvudstaden welcomes Maje to Bibliotekstan

In May, the French fashion brand Maje will open its first independent store in a Hufvudstaden property in Bibliotekstan in Stockholm.

An Oskar for Osnabrück

New shopping center projects in Europe have been scarce in recent years. The Unibail-Rodamco-Westfield Group has bucked this trend and is currently developing “Oskar”, an inner-city shopping center in Osnabrück, Germany.

Shopping Mall WEZ receives a contemporary revamp by BEHF Architects

Built in the 1970s, the shopping mall WEZ – Das weststeirische Einkaufszentrum in Bärnbach near Graz is an example of the first generation of malls in Austria.

“Additional Acquisitions under Consideration”

Dietmar Reindl, COO of IMMOFINANZ, gives an interview regarding the road to becoming Europe’s leading retail park operator and the challenge of online retailing”.

Convenience schemes in Poland mean good yields

The Polish real estate segment is changing. What we are seeing, apart from traditional real estate investments in office and retail, is there has been growth in new formats, including mixed-use projects with multifunctional concepts, and a growing potential for small-convenience schemes and retail parks.

Xavier Denis, new President of AG Real Estate France SAS

Xavier Denis was appointed President of AG Real Estate France SAS effective as of 1 January 2019, replacing Mrs Brigitte Gouder de Beauregard.

RENOVATION AT ANGEL PLACE IN WORCESTER SET TO BEGIN IN MARCH

Work is set to begin in March on the transformation of the Angel Place entrance and façade of Crowngate Shopping Centre in Worcester, as part of a £1.5m investment to create an exciting, modern shopping environment and a rejuvenated public space.

RETAIL INVESTMENT: WIDENING GAP BETWEEN EUROPE’S RETAIL MARKETS

The Union Investment index analyses the attractiveness of the top 17 markets.

intu readies opening of multi-million-pound leisure development

The £72 million retail and leisure development at intu Lakeside, which opens later this year, will introduce new restaurants and leisure brands to the south east of England; boosting the local economy with hundreds of new jobs across the leisure and hospitality sectors.

GAME ON AS WANYOO CAFE OPENS DEBUT EUROPEAN SITE IN CENTRAL CROSS

Shaftesbury has announced that Asia’s largest social gaming internet café, Wanyoo Café, has officially opened its debut European eSports studio, offering gaming stations, leisure areas and co-working spaces at 77-79 Charing Cross Road

Basingstoke’s food and beverage appeal expands with arrival of new dining choices to Festival Place

A taste of Asia is coming to Basingstoke’s Festival Place with the arrival of not one, but two new f&b operators expanding the wide menu of dining choices at the region’s leading retail and leisure destination. Independent Japanese restaurant The Sushi Maki and Kokoro, offering a palatable menu of East Asian dishes, have both signed up to open at the 1.1 million sq ft shopping centre.

Change to Apleona’s Management Board

Otto Kajetan Weixler (60) is leaving the management board of the Apleona Group on July 1, 2019, and is moving to the supervisory board of the company.

Focus on mixed-use: Forum Steglitz to be modernised for a higher double-digit million sum

Berlin shopping center gets a new office areas and will concentrate on historical function as local supply center with new tenant mix .

JINLI CHINATOWN HEATS UP CENTRAL CROSS

Shaftesbury has welcomed award-winning Sichuanese restaurant, JinLi, who have opened a second restaurant at Central Cross, named JinLi Chinatown. This is following the success of their first restaurant, which won ‘Best in England’ at the Golden Chopsticks Awards in April 2018.

KGAL BUYS WESTFALEN SHOPPING CENTRE

Strong performance due to good location and high retail centrality – Independent investment and asset manager KGAL is further expanding its portfolio of special real estate AIF, with a high-footfall and established specialist retail centre. The Westfalen Einkaufszentrum (WEZ) is located in the north of Dortmund city centre in Germany.

Retail Park Liptovský Mikuláš to be Expanded

Following its completion just a few months ago, Soravia is expanding its Retail Park Liptovský Mikuláš location in Slovakia. The potential for exciting fashion concepts is tremendous.

Collaborative innovation success

Unibail-Rodamco-Westfield and Toolbox Group jointly developed Mallcomm, the retail community operations and engagement platform.

Specialist Retail Products: the Investors’ Darling

Real estate investors both in and out of Germany rely on specialist retailers and specialist retail parks: They offer constant pulling power, stable revenues, and solid customer footfall – all of which require clearly positioned product and sector concepts, which signal to investors that their investment is both solid and sustainable.

Mitiska REIM forms strategic joint venture partnership with Karuzela Holding in Poland

Mitiska REIM’s FRI 2 fund acquires 50% holding in 2 retail parks and 2 gallerias.

Service quality is the measure of the future

The three mega-topics of the European society, “globalization”, “digitization” and “demographic development,” are now known to all. Only the resulting changes for the respective business models are still unclear in many places.

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