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August 2021

Landsec and Invesco Real Estate have announced the launch of Gravity Active Entertainment, the dynamic leisure and entertainment company, within an 80,000 sq ft venue at Southside shopping centre in Wandsworth, London.

The Parisian luxury department store La Samaritaine was originally opened in 1869 and had been closed for 16 years. Now it is back open for business.

“We recognize that the traditional model for urban malls needs to evolve in the face of shifts in consumer habits, e-commerce growth, new technologies, urbanization, declining use of private transportation, and a localization of demand towards accessible services and environmental sustainability.”

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Innovative independent businesses are rushing to sign leases in Wembley Park, London’s globally renowned entertainment district and 365-day neighbourhood, with two further deals made recently – including one that already has a space in the destination.

Landsec has announced that M&S has signed to relocate into a new anchor store within White Rose Leeds, the out of town retail & leisure destination in Yorkshire. The bespoke unit includes nearly 80,000 sq ft of dedicated trading space.

Prime asset offers 10,200 square meters of retail and restaurant space. With the acquisition of “Taborland” retail park in Steyr, Austria, KGAL Group is once again expanding its real estate portfolio in Austria. The property will be the subject to an open-ended Austria real estate special fund.

Retail real estate manager succeeds in re-letting on areas of former Real stores MEC wins the full-range grocery retailer Kaufland as anchor tenant at three locations.

Trei Real Estate GmbH will be opening its 26th retail park under the Vendo Park brand in Poland. It is located in Oświęcim, a small town of around 40,000 residents in the Lesser Poland Voivodeship in southern Poland. This latest Vendo Park has a leasing area of around 5,300 square metres and is leased to seven retailers and a supermarket. In total, Trei invested c. 7,2 million euros in the property.

Titled ‘Summer Social’, the event features an 8,000 sq ft beach, retro fairground rides, live music and entertainment and independent pop-up food and drinks brands, including Boujee Bar, made famous by its founder, reality TV star Lystra Adams.