Monthly Archives: December 2019

Quilvest Capital Partners and Kintyre acquire the Seemaxx urban precinct

Located in central Radolfzell, overlooking the Bodensee (Lake Constance), the investment was purchased from H Sat, the Swiss family office. The property totals 35,000 sqm of commercial space, including the Seemaxx factory outlet centre, logistics and warehousing units, and the … Continue reading

Seamless transition in top management

After more than 20 years in the management team at Union Investment Real Estate GmbH, including the last 12 as Chairman, Reinhard Kutscher (65) will hand over his duties to successor Jörn Stobbe (54) at the end of the year. … Continue reading

The new KaDeWe – the journey continues

It is a brand that has been reinventing itself repeatedly since 1907 and has always successfully combined tradition with modernity as well as locality and international influences. On December 10th, 2019, KaDeWe celebrated the opening of the new boutiques of … Continue reading

RPMI Railpen appoints Richard Swart as new Head of Investment Risk

He will also be responsible for integrating risk management support into the investment teams, enabling Railpen to continue to deliver strong risk adjusted returns for its 107 clients and 350,000 members. Richard was previously Principal Risk Manager at PGGM, the … Continue reading

Hammerson completes sale of 75% stake in Italie Deux

As previously announced in July 2019, the forward sale of 75% of the Italik extension for an additional €43m is expected to complete in early 2022, 18 months after the opening of the development. The transaction represented a net initial … Continue reading

Balfin Group continues disbursement of fund to earthquake victims

Tirana East Gate (TEG) execute payment of 120,000 euros. Another payment was executed by Balfin Group companies in favor of earthquake affected persons in Albania. The company that made the transfer to the bank account of the Ministry of Finance … Continue reading

BNP Paribas REIM acquires the landmark building “51-53 Boulevard Haussmann” in Paris 9th

The six entrances along the length of Boulevard Haussmann as well as Rue Auber and Rue Caumartin ensure outstanding visibility on the street that has the second highest footfall in Paris after the Champs-Elysées. This acquisition was made on behalf … Continue reading

Inditex’s net sales climb 7.5% to €19.8 billion

Net profit increased by 12% to €2.72 billion. The executive chairman, Pablo Isla, highlighted that the quarterly figures confirm the Company’s strategy and once again demonstrate the “solid growth being delivered by our integrated stores and online model, thanks to our focus on the highest -quality locations, … Continue reading

Sponda announces departure of CEO Kai Aejmelaeus

Sponda announces the departure of Kai Aejmelaeus as CEO, effective 20th of December 2019. James Seppala, European Head of Real Estate at Blackstone, said: “We thank Kai for his important role in the critical period that followed our acquisition. We … Continue reading

Joining Forces on a Project in Krakow

Less is often more. With that in mind, Peakside Capital, the investor and developer of Fashion Outlet Kraków, and the KG Group, the developer of Cracovia Outlet, have agreed that only one new fashion and lifestyle outlet will be opened … Continue reading

Sparkle PR Group became the official PR office for The Outlet Moscow in Russia

The Outlet Moscow is the first outlet mall in Russia focused on premium and luxury brands. On the 25,000-square-meter territory will be represented more than 90 brands. Located in the prestigious area of New Riga district, just 5 kilometers from … Continue reading

An Initial Review of the Retuna Shopping and Upcycling Park

By Anna Bergström Retuna: The coolest shopping and upcycling park in the world is, indeed, located in Eskilstuna, Sweden. The fact that Retuna represents a future-oriented type of retail mall is a claim that I have made, bragged about, defended, … Continue reading

A mural victory: the Kings Road celebrates street art project

Positioned adjacent to the iconic Chelsea Fire Station, the community project which has been sponsored by Sloane Stanley since its inception, has transformed the space into a lively, re-imagined area.  Having housed over ten artists, including award winning painter Marguerite … Continue reading

Kate Spade New York & Mint Velvet launch at Liverpool One

Both international womenswear brands will be situated on Peter’s Lane, which throughout 2019, has been further established as the destination’s hub for premium international brands.   Kate Spade New York’s storeopened on Friday 6 December at 26 Peter’s Lane, marking … Continue reading

With EXPOHALLE, Unibail-Rodamco-Westfield further expands its extensive leisure facilities at Centro

“Centro is a prime example for our strategy of combining retail and hospitality with exceptional events, cultural and entertainment formats,” explains Paul-Eric Perchaud, Director of Operations at Unibail-Rodamco-Westfield Germany. “With the new EXPOHALLE and the cooperation with Explorado Group, we … Continue reading

Festive lights from Manhattan to Shanghai result in record sales for MK Illumination in 2019

MK Illumination maintained its status as the world market leader in festive decorative lighting in 2019 and expanded its operations considerably over the year. The Tirolean company, headquartered in Innsbruck, increased its turnover by around 4% from 2018 to EUR … Continue reading

Lush scents success as it relocates to Centre:mk

The vegetarian, vegan and cruelty-free retailer has relocated and doubled in size from Intu Milton Keynes to create the new centre:mk experience-led store. Situated at 58-60 Midsummer Arcade, the store has been designed by an in-house team and stocks Lush’s … Continue reading

Dekoria opens a store in Domoteka in 2020

The tenant will open its store there in the first quarter of 2020. Pradera European Retail Parks, the owner of the retail complex, was represented in the transaction by global real estate services firm Cushman & Wakefield. Dekoria is a … Continue reading

Hufvudstaden welcomes Chimi Eyewear to Kungsgatan

The Swedish Chimi Eyewear brand was founded in 2016 by Charlie Lindström and Daniel Djurdjevic. Chimi offers high-quality, value-for-money sunglasses with a distinct fashion factor adapted to match the lives of colourful people. “We are proud to have the opportunity … Continue reading

The Power of Greenery in Malls

By Balbina Gryczyńska At the turn of the 20th and early 21st centuries, shopping malls were designed in ways that allowed for the inclusion of green projects. Wide corridors and high, glass-paneled ceilings provided favorable conditions for the installation of … Continue reading