Monthly Archives: January 2020

New urban district with original Leiner store planned in St. Pölten, Austria

The Leiner Haus in St. Pölten will continue to be one of the best addresses in the Lower Austrian regional capital. The currently out-dated buildings at Rathausplatz 7-10 are either undergoing an extensive renovation or will be replaced completely by … Continue reading

NEINVER’s outlet portfolio grows sales by 7% and exceeds €1 billion

NEINVER has announced another year of robust growth, with sales increases across its 16 outlet centres totalling €1.047 billion in 2019, a 7% like-for-like increase compared to the previous year. Moreover, the centres operated by NEINVER welcomed more than 45 … Continue reading

About REBOOT 2020

An unprecedented start showed immediately what GCSC means by being innovative.  Hundreds of yoga mats were placed in the hall for David Bosshart’s keynote speech “The End of Consumption”. The dress code was deliberately casual, sneakers instead of ties seemed … Continue reading

Commerz Real with new Impact Investment division and new Head of Sustainability

With this appointment the asset manager intends to place its focus to a greater degree than in the past on capital investments whose returns are not measured solely in terms of economic success, but also with a view to their … Continue reading

Shop below, live above

Shell and core of a six-story building on Pappelallee in Berlin’s district of Prenzlauer Berg are virtually complete: On December 12, 2019, Trei Real Estate, a property developer and property asset holder specializing in residential and retail real estate, celebrated … Continue reading

intu creates mood-boosting light houses to brighten its visitor experience

The Happy, Calm and Energise houses will tour intu’s popular shopping destinations throughout 2020 featuring colour combinations proven to help people feel happier, more relaxed and more energised.  Light artist Liz West and colour psychologist June McLeod worked with intu … Continue reading

Edinburgh St James appoints Nick Peel as Managing Director of £1bn mixed-use development

Edinburgh St James, the £1bn mixed-use development in the city centre, has appointed Nick Peel as managing director of the development when it opens to the public in October this year. With construction of the scheme’s retail and leisure elements … Continue reading

Marylebone Village puts its best foot forward with new shoe brands

Shoemakers Joseph Cheaney & Sons have opened a unit at 1a Marylebone High Street. It will be joined by Martel + Ram who are to open a pop-up at 56 New Cavendish Street until April 1st. Rob Kirk, Head of … Continue reading

Klépierre holds the 5th edition of its Retailer Day at the heart of its iconic Saint-Lazare shopping mall

For this new Parisian edition, Klépierre hosted the retailers in one of its shopping centers and brought together the management, sales and operational teams to welcome its customers. The Group is committed to building with the retailers the shopping mall … Continue reading

ECE European Prime Shopping Centre Fund II acquires “intu Asturias” in Spain

As a result, ECE Fund II is now fully invested. It is the first property in Spain for the ECE shopping center funds. The seller is a joint venture company through affiliates of intu properties plc and Canada Pension Plan … Continue reading

A village for the world

Parndorf was once a small, quiet village in the northern part of Austria’s Burgenland province. This situation has changed radically over the past two decades. Today, this municipality ranks among the top 3 “sights” of the Alpine republic. However, it … Continue reading

The new MEGA Alma-Ata food hall in Almaty, Kazakhstan

The food hall, one of the first in Kazakhstan, introduces a new blend of F&B offers to the country, with a mix of regional and international cuisines, fast food, cafés and traditional restaurants providing something for all tastes. The new … Continue reading

The retail parks of CPI Hungary get new name and new image

Buy-Way Soroksár and Buy-Way Dunakeszi will continue operation under the name “City Market”. The reason for the name change is the establishment of a unified international network in the Czech Republic, Slovakia and Poland in addition to Hungary. The new … Continue reading

Tristan Fund Sells Four Swedish Convenience retail assets to Nordic investor NREP

The assets sold by EPISO 4 include: • Näsbypark Centrum: A community centre located in the affluent area of Täby, Stockholm comprising 11,300 sqm mixed-use area, anchored by a Hemköp supermarket, a senior living home and an elementary school. • … Continue reading

Cattolica Assicurazioni enters Altera Retail

Cattolica strongly believes in Altera’s strategy for investments in core convenience retail assets in the Netherlands.   Salvatore Ciccarello, General Manager of Cattolica Immobiliare: “The investment in the retail portfolio of Altera is the first non-domestic investment for Cattolica and … Continue reading

Gebr. Heinemann and Casualfood create new opportunities with “Smartseller” joint venture

The “Smartseller” joint venture brings the core competencies of the two companies together with the aim of creating a novel shopping and consumer experience: integrating the unique grab-and-go outlets and the duty-free and travel-value products into a cohesive concept. The … Continue reading

New SES Shopping Center ALEJA Due to Open on 19 March 2020

Construction work is progressing well and is nearing completion. ALEJA, a multifunctional meeting place with a focus on shopping, gastronomy, and leisure, is set to open on 32,000 square meters of leasable area. The total investment in the project amounts … Continue reading

“dress for less” and “Saks OFF 5th” are merging

Both companies belong to the SIGNA Group and are now combining their strengths. This will result in a strong omnichannel off-price retailer with integrated company headquarters in Frankfurt am Main. In addition, the logistics will be aligned even more consistently … Continue reading

EBRD and EU support Novus’s investments in energy efficient technologies

“It really sums up well our company ethos, since we care a lot about the environment,” said Mark Petkevich, CEO of Novus. “We want to offer the best and freshest products to our customers, while also ensuring that we have … Continue reading

JLL appoints Sabine Eckhardt as CEO Central Europe

JLL has appointed Sabine Eckhardt as CEO Central Europe with effect from May, 1 2020. In the newly created position, which includes full responsibility for Germany and Central Europe, based in Frankfurt, Sabine Eckhardt will help drive continued growth and … Continue reading