Monthly Archives: April 2021

Retail and Leisure Sector Bounces Back as The Junction Opens with Two New Tenants

The two leasing deals, which take a combined 6,500 Sq ft of retail space, are creating 15 jobs, and signal a positive bounce back for the challenged retail and leisure sector following a year of lockdown closures. They are indicative … Continue reading

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Carsten Gørtz Petersen promoted to Chief Executive Officer of Colliers in Denmark

Leading diversified professional services and investment management company Colliers (NASDAQ and TSX: CIGI) today announced that Carsten Gørtz Petersen has been promoted to Chief Executive Officer (CEO) in Denmark. To further extend Colliers’ Capital Markets leadership in Denmark current CEO, … Continue reading

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Plans for Coventry’s city centre south regeneration scheme approved

The scheme, on the 15-acre site, will provide approx. 1.35 million sq ft of floor space which will include up to 1,300 new homes, a hotel, cinema, retail and restaurants along with co-working and community spaces. These proposals will create … Continue reading

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Deutsche Konsum REIT acquires Spitzkrug Multi Center in Frankfurt/Oder, Germany

The SMC was built in 1994 and extensively revitalised in 2018 and is a central retail and local supply property in the university city of Frankfurt/Oder as well as in the wider area. The centre is located in an attractive … Continue reading

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71st International Retail Summit /// September 9 and 10, 2021 /// Rüschlikon, Switzerland

Uncertainty, vulnerability and ambivalence: welcome back to the world of risk. But just how long can we keep going? Employees are suffering from screen fatigue, members of the public are fearful for the future, and customers are demonstrating “trip consolidation”: … Continue reading

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Jan Tanner heads Retail & Site Management at Privera

Privera announced that Jan Tanner will take over as Head of Retail & Site Management on May 1 and will report to CEO Dieter Sommer in the future. The department’s responsibilities include supervising sites with retail, office and residential use, managing shopping centers, as well as marketing retail space and … Continue reading

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Unibail-Rodamco-Westfield concludes joint venture in Shopping City Süd

Unibail-Rodamco-Westfield (URW) signed an agreement with Crédit Agricole Assurances on April 28, 2021, to sell a 45 percent stake in Shopping City Süd, which is located near Vienna. Austria’s largest shopping center with around 25 million visitors per year is one … Continue reading

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The outlet – a model approach to retail recovery?

By Nicky Lovell Over the past year retailers and–by proxy–retail landlords across the UK and Europe have found themselves facing trading conditions so tough that many businesses on both sides of the landlord and tenant relationship simply may not survive. … Continue reading

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Orchard Street strengthens team with appointment of Edward Bales as Retail Asset Manager

In his new role, Edward will form part of the team responsible for managing Orchard Street’s £1.1 bn retail portfolio, mainly comprising of dominant retail parks and warehouses, helping to implement business plans, manage tenants and drive income performance. Edward … Continue reading

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Neinver obtains the AIS accessibility certification for its centres in France and Italy

Neinver has obtained the AIS (Accessibility Indicator System) certification for its centres in France and Italy. With these certifications, Neinver continues its progress in its ongoing commitment to providing a fully inclusive shopping environment and offering support for people with limited … Continue reading

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Retail Park, new business model of BALFIN Group, expected to spread across Albania

Korça, the city of serenades and culture is going to be the one that will raise the bar of this business model. Part of this shopping centre will be 4 brands already known for the consumer, which have been selected … Continue reading

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Redhead Real Estate Adopts Yardi Property Management Platform

Founded in 2015, Redhead Real Estate manages over 1 million m² of logistics and industrial park assets in Germany. The company has adopted Yardi’s cloud-based platform to manage client properties. Redhead will adopt Yardi® Voyager for commercial property management, which combines property … Continue reading

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HMSHost signs MOU with Qatar Airways – Joint Venture to elevate F&B offering at Hamad International Airport Doha

The MOU sets in motion exciting plans to develop the airport’s food and beverage (F&B) offering, with an emphasis on operational excellence and enhancing overall consumer experience in line with Hamad International Airport’s (HIA) vision to become known globally as … Continue reading

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Shopping mall Delta Planet opened in Niš

Delta Planet investment is worth 70 million euros and is a part of Delta Holding’s big investment plan, which includes building the business headquarters Delta House (opening this summer), renovating Sava Center (starting in autumn 2021) and other big real … Continue reading

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COVID-19 Testing Available at 11 SES Shopping Centers, from Vienna to Tyrol

Testing, testing, testing: SES Spar European Shopping Centers, Austria’s market-leading shopping center developer and operator, is backing the federal government’s appeal and has further expanded its free COVID-19 antigen rapid testing service for visitors and shopping center employees. Of the … Continue reading

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Acteeum regional retail park, Koszalin Power Center in Poland, attracts big brands

After last year’s successful opening of Galeria Chełm and in parallel with the ongoing construction of Galeria Andrychów, Acteeum Group – developer and investor of commercial facilities throughout Poland – is consistently developing new investments. Koszalin Power Center – facility in the formula of … Continue reading

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Lacoste has a new center court

It’s a great sign when a fashion company opts for a larger retail location in Corona times. Lacoste, the French label for premium casual wear–known for its polo shirts with the crocodile logo–has moved from Munich’s Neuturmstrasse to a new, … Continue reading

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Cheltenham shopping parade fully let

A takeaway and a pet shop have agreed leases at Coronation Square, in Edinburgh Place, with LCP, the national commercial property and investment company that manages the parade on behalf of Sheet Anchor Investments Ltd. Gloucester Birds R Us & … Continue reading

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Retail Park Berkovetska is a new retail park in Kyiv, Ukraine

The most convenient factor is the possibility to drive your own car to the open parking lot with direct access to the store, and then shop in large retail outlets with low consumer density. According to research, smaller commercial formats … Continue reading

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Frasers Group confirmed to take space at Barnsley’s The Glass Works

Taking an 11,000 sq. ft unit, Frasers Group has signed a 10-year lease at the brand-new major retail, leisure and community destination in the heart of the town centre alongside flagship stores NEXT, TK Maxx and Sports Direct. Owned by … Continue reading

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