March 2022

Prime Kapital raises €125 million for multi-property financing

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.

How to Avoid Accusations of Greenwashing While Effectively Marketing Your Green Efforts

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.

Multi Corporation completes management buyout

Multi Corporation announces the completion of a management buyout from funds managed by Blackstone.

MAPIC Italy 2022: We embrace change to create new opportunities for growth!

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.

A creative and innovative universe @ AlphaTauri

The new AlphaTauri flagship store in Vienna’s city center takes you into an innovative space with authentic displays and exciting product innovations.

Kaufland Marketplace starts expansion into the Czech Republic and Slovakia

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.

Woking’s Victoria Place welcomes Moss Bros

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.

This Year Will Be A Time Of Recovery

Frederic Rouleau, Country Asset Manager, head of the Polish division of Multi Corporation explains in this interview how to demonstrate the value of shopping centers in investors’ portfolios.

Thalia opens new flagship store at Neumarkt Galerie

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 is the new Head of Center & Mixed-Use Site Management

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.

The retail and the retail real estate industry launches a broad-based donation campaign for Ukraine

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.

Game of Thrones Studio Tour leads to sales spike at The Boulevard

Following the opening of the Game of Thrones Studio Tour in Northern Ireland last month, a Lotus Property-owned outlet shopping destination is already seeing the benefit of increased traffic.

Retail park The Junction fuels coffee offering

Canadian coffee chain, Tim Hortons has thrown open the doors of its ninth store in Northern Ireland at Lotus Property-owned Retail and Leisure Park, The Junction.

DI Group expands “Rathaus Center Pankow” for more than €12 million

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.

New M&S flagship leads the opening of €841M Victoria Place Woking

Woking Borough Council and Moyallen Group welcome the opening of Victoria Place Woking (UK), the €841 million regeneration scheme in Woking town center anchored by Marks & Spencer (M&S).

Current Brand Trends in Outlets

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.

€12M Dobbies store planned at the Junction Retail & Leisure Park

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.

Andreas Höfner moves up to Managing Director at GARBE

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.

Transforming the neighborhood of El Terreno, Mallorca

A colourful, diverse, mixed-use masterplan revives a cultural neighborhood in Palma.

Kaufland: Saving food with “Too Good To Go” app in and around Munich

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.

Immofinanz acquires retail park in Udine, Italy

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.

MIPIM Awards 2022, Winners Announced

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”.

Rüdiger Dany joins ACROSS Advisory Board

The ACROSS Advisory Board is happy to welcome its newest member Rüdiger Dany.

Inditex 4: Stradivarius joins Liverpool ONE

Grosvenor has announced that the international fashion brand, Stradivarius, has chosen Liverpool ONE for its city debut. Set to open in October 2022, the 743 sq m flagship store will become the fourth Inditex-owned brand based in this retail destination.

Cookie	Duration	Description
cookielawinfo-checkbox-advertisement	1 year	Set by the GDPR Cookie Consent plugin, this cookie is used to record the user consent for the cookies in the "Advertisement" category .
cookielawinfo-checkbox-analytics	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional	11 months	The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
CookieLawInfoConsent	1 year	Records the default button state of the corresponding category & the status of CCPA. It works only in coordination with the primary cookie.
elementor	never	This cookie is used by the website's WordPress theme. It allows the website owner to implement or change the website's content in real-time.
viewed_cookie_policy	11 months	The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.

Cookie	Duration	Description
_ga	2 years	The _ga cookie, installed by Google Analytics, calculates visitor, session and campaign data and also keeps track of site usage for the site's analytics report. The cookie stores information anonymously and assigns a randomly generated number to recognize unique visitors.
_gat_gtag_UA_135750163_2	1 minute	Set by Google to distinguish users.
_gid	1 day	Installed by Google Analytics, _gid cookie stores information on how visitors use a website, while also creating an analytics report of the website's performance. Some of the data that are collected include the number of visitors, their source, and the pages they visit anonymously.