As the portfolio manager for the open-ended special AIF Vontobel Sustainable Real Estate Europe, Quadoro Doric has acquired the office and commercial building “Marble” in a central downtown location in the Finnish city of Turku. Turku is the sixth largest city in Finland with a population of around 190,000. This is the AIF‘s second purchase in Finland.
Popular German eatery Herman Ze German is to open its first UK site outside of London at Grand Central, Birmingham. Due to open on April 1st 2019, the brand will be located next to Tortilla within Birmingham’s iconic Bullring Estate, which comprises Bullring & Grand Central, and Link Street.
Sloane Stanley has announced that luxury sofa and bespoke furniture specialists, The Sofa & Chair Company, has opened an exclusive pop-up at 320 King’s Road. The pop-up calls upon established retail partners, from the King’s Road, to create new bespoke showrooms for visitors.
Inditex Group’s net sales rose by 3% in FY18 (1 February 2018 – 31 January 2019) to an all-time high of €26.14 billion, underpinned by growth in all of the Group’s geographic regions. Sales in local currencies grew 7%.
NewRiver has announced the opening of a new Primark store at Priory Meadow Shopping Centre, Hastings. Primark, a leading international retailer and NewRiver’s sixth-largest tenant by rental income, occupies a unit with a 40,000 sq ft gross internal area and joins a strong retailer line-up at the centre that includes H&M, a recently-enlarged JD Sports, Poundland, Boots and Superdrug.
MVRDV’s plan for the Taipei Twin Towers has been selected to revitalize the central station area of Taiwan’s Capital. +++ Thor Equities Group has secured long-term leases at The Landmark Guadalajara in Mexico. +++ The Well is an ambitious mixed-use endeavor in Canada, located in the heart of Toronto’s West End. +++ TCC Assets Co., Ltd. and Frasers Property Limited jointly intend to develop 16.7 hectares, in the heart of Bangkok, into a “must-visit” destination city district.
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