Monthly Archives: October 2021

Colosseum Mall in Bucharest to inaugurate its expansion next spring

Mihai Dinu, General Manager of Colosseum Mall says, ”The expansion of Colosseum Mall brings a new breath on the retail market in Bucharest, which has been facing challenges, in the unpredictable and long-term pandemic context. Even under these difficult circumstances, this … Continue reading

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Challenging times for Russian superregional malls

By Kirill Stepanov The last two years have been a game changer for the shopping center industry, as well as for many other industries in Russia. The factors influencing this process are well known: the pandemic and global digitalization. Let … Continue reading

Sonae Sierra´s recently launched German Food Retail Fund acquires 5 supermarkets

The company has announced the launch of a new open-ended Alternative Investment Fund (AIF) in Germany with the creation of the Sierra German Food Retail Income Fund I. This AIF invests primarily in the food retail sector in Germany and … Continue reading

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First-ever decarbonization roadmap for retail real estate: a promising start to intensified sectoral collaboration

BPIE (Buildings Performance Institute Europe) has published today a  vision and a step-wise roadmap for retail real estate to reach 2050 net zero carbon emissions, in line with the Paris Agreement. The roadmap is the result of over one year of engagement with 14 … Continue reading

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Forget a “new normal”–we need change

By Walter Seib While the whole world has navigated uncharted territories, society and business have continued to seek the much fabled “new normal”. Experts have written papers on it, newspapers have speculated on it, and business leaders have presented on … Continue reading

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Flagship destination Westfield Centro: rebranding as a strong signal

A 25th anniversary celebration, rebranding to Westfield Centro, big plans for the leisure segment, and exciting new openings: Westfield Centro is constantly on the move. Unibail-Rodamco-Westfield’s Constantin Wiesmann (Director of Leasing Austria & Germany) and Katharina Zeiler (Deputy Director of … Continue reading

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Neinver appoints Joan Rouras as new Head of Leasing and Retail

In his new role, Rouras will be responsible for Leasing & Retail across the 21 assets managed by Neinver in Spain, Poland, France, Italy, Germany and the Netherlands.  “I am delighted to accept the challenge of continuing to both boost … Continue reading

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Ingka Investments brings IKEA to the heart of Oxford Street with €446 million retail property acquisition

The property at 214 Oxford Street (Oxford Circus) comprises a total of 22,200 sqm over seven floors, with retail space on six floors. It will host IKEA UK’s second smaller store format and will follow the opening of IKEA Hammersmith … Continue reading

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Nivy Center revitalizing Bratislava’s city life

The Nivy Center is the latest HB Reavis group project in the capital of Slovakia, Bratislava. The development group has delivered an elaborate multifunctional project to Bratislava’s wider center. Under one roof, visitors will be able to find a new … Continue reading

URW cooperates with Sheltersuit to support the homeless in 15 German cities

Starting in the first week of November, an initial 100 Sheltersuit protective suits donated by URW will be distributed to homeless people in need across Germany. The ensemble is a multifunctional, windproof, waterproof and warming garment that converts into a … Continue reading

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La Torre Outlet Zaragoza in Spain celebrates its first anniversary

The official inauguration one year ago took place at a time of difficult health conditions with a successfully phased opening to avoid agglomerations and guarantee the safety of all those who wished to visit the center.  Since its inception, the … Continue reading

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BAML appoints new management team

Tony Hymers joins from Burlington Estates, the property management services company based in Mayfair, which he co-founded in 2012. He is a Chartered Surveyor, Fellow of RICS and has over 25 years’ experience in the industry. With a fellow director … Continue reading

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MAPIC 2021 back in Cannes and towards new retail mix

MAPIC is all about exhibition, conference, and networking with the newly added LeisurUp and The Happetite events joining the site in accordance with current trends towards a new retail mix. Over 60 exhibitors will be present in a dedicated food … Continue reading

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CBRE becomes largest shopping center manager in Iberia

The company argues their success lies in combining know-how from marketing, technical management, retail intelligence, sustainability, and in-depth market analysis. This helps them rethink the positioning and values of each shopping center, as well as investing in the improvement and … Continue reading

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Opening of Prešov Eperia’s second stage attracts 75,000 visitors

The center is located in the third largest city in Slovakia, Prešov, and first opened in November 2017. Now, the newly completed second stage covers more 11,000 sq m of leasable area across three floors and features new international brand … Continue reading

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Newly umdasch shopfitted Julius Meinl on Vienna’s Graben reopened

umdasch The Store Makers was responsible for the shopfitting in line with a concept developed by the architects Bernhard Hamann and Christian Politsch. The result: an elegant delicatessen shop that delights gourmets and interior enthusiasts alike. In the course of … Continue reading

AM Alpha acquires Nutgrove Retail Park in Dublin

Located in the highly populated and affluent Dublin suburb of Rathfarnham, the park is one of the top local retail parks, situated adjacent to Nutgrove Shopping Center. The property comprises approx. 18,400 sq m divided in mostly retail space (approx. … Continue reading

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Mister Spex opens new store in URW’s Wilma in Berlin

The new store is the eighth overall in URW’s management portfolio in Germany. For more than ten years, the neighborhood center Wilma has beenthe social hub in Berlin’s Charlottenburg-Wilmersdorf district. More than 100 stores are located on 32,100 sq m of rental area. The owner is theCanadian real estate company Ivanhoé Cambridge. The on-site selection of Mister Spex includes around 800 eyeglass … Continue reading

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Multi receives 4-star rating in GRESB performance benchmark

Compared to last year, their score has increased by 17 points to 86, against a peer group average of 82 points. This is a clear recognition for Multi’s investment and progress in their sustainability strategy, seeking to achieve long-term sustainable … Continue reading

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Europe’s retail markets emerging from crisis: Retail Attractiveness Index (GRAI) shows clear signs of recovery

Attractiveness Index for 15 European countries reaches three-year high  Germany, Czech Republic and Poland are new top trio in index Sharpest rise in Spain European retail markets turned the corner in the third quarter of 2021. The Retail Attractiveness Index, … Continue reading

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