CEE real estate developer, investor, and operator, Prime Kapital, announced that it has raised a €125 million green club loan facility for its development joint-venture with listed property investor MAS plc, real estate investor listed on the Johannesburg Stock Exchange.
Many retail real estate companies are currently hesitant to promote their sustainability efforts. The fear of being accused of greenwashing if the location or company is not 100% sustainable outweighs the potential upside of leasing to green-minded tenants. Yet, there is a clear and simple strategy when it comes to marketing one’s sustainability efforts without fearing to be accused of greenwashing.
After the success of last year, the fair promises to be on pre-Covid participation figures. From May 18-19, about 2,000 delegates are expected at Superstudio Maxi, including over 650 retailers, restaurant chains, and leisure operators.
Kaufland is launching the expansion of its marketplace Kaufland.de. From 2023, their customers in the Czech Republic and Slovakia will not only be able to shop at their numerous stores, but also around the clock in the online marketplace.
Moss Bros. has launched a new concept store at Victoria Place, the recently launched €840 million regeneration scheme in Woking town center, co-owned by Woking Borough Council and Moyallen Group. Occupying a 255 sq m space, the brand has opened on Victoria Place’s Henry Plaza.
The important anchor tenant of the popular hybrid center at Cologne’s Neumarkt has extended its lease and is investing in a comprehensive modernisation and redesign of its sales premises. After the remodelling, the “Mayersche bookstore” will operate under the new Thalia brand name.
Thomas Hinderling will become Wincasa’s new Head of Center & Mixed-Use Site Management (CMSM) as of May 1, 2022. He takes over the position from Felix Kubat, who is leaving the company at his own request. Philipp Arnold will succeed him as Head of Mixed-Use Site Management (MUSM) German-speaking Switzerland.
In view of the war events in Ukraine with incomprehensible suffering for the civilian population, the retail alliance “Leben gehört ins Zentrum” (“Life belongs in the center”) together with the German Council of Shopping Places have launched a broad Ukraine donation campaign. The donations will be used for medical supplies. The campaign is launched in cooperation with the University Hospital Schleswig-Holstein.
Deutsche Immobilien-Gruppe (DI Group) is now investing more than €12 million in the expansion and renewal of its shopping center “Rathaus Center Pankow”. The extension will create about 2,100 sq m, 7% more space.
Without a doubt, outlets are an outperforming retail format. Therefore, it is a very dynamic sector. Dominic Brady, Partner at KLM Real Estate, explains the current trends outlet operators are facing from the brands and consumers’ perspective.
Planning permission has been granted for a 10,220 sq m Dobbies Garden Centre in Northern Ireland – one of the largest retail lettings in the UK and Ireland in recent years. The opening is scheduled for spring 2023.
Höfner leads the team at the Frankfurt am Main location and, as Managing Director of GARBE Institutional Capital Deutschland GmbH, is responsible for Product Development, Underwriting, and Research & Strategy.
Kaufland is already taking a variety of measures to prevent food waste. Now, the retailer has launched a cooperation with Too Good To Go – the food saving app that connects retailers and customers – for its stores in the Munich area.
By 2024, the number of STOP SHOPs will be increased by around 40% to 140 locations through selective acquisitions and new openings. The focus will also be on Italy, where ten new retail parks will be opened by 2024.
13 best development projects from around the world have been honored in Cannes. The winner in the category “Best Shopping Center” is CAP300 in France. Frederiksberg Allé 41, Denmark, is the winner of the category “Best mixed-use Development”.
The ACROSS Advisory Board is happy to welcome its newest member Rüdiger Dany.
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