Sovereign Centros has announced the signing of Ted Baker, the global lifestyle brand, at Merry Hill, one of the top 10 retail and leisure destinations in the UK. Set to open later this year, the signing of Ted Baker takes Merry Hill to almost 13,000 sq m of new or enhanced space in 2022. This includes new signings, re-gears, refurbishments, and renewals, showcasing operator confidence in the leading location.
Trei Real Estate just sold a portfolio of seven convenience centres, which the company manages on behalf of the Molento family office, to MEAG. MEAG will add the properties to an institutional property fund. The properties are located in Bad Camberg (the Rhine-Main region), Hanover, Heidelberg, Mainz, Ruhpolding (Upper Bavaria), Weilersbach (Upper Franconia) and Zornheim (Rhine-Main region).
As a company that is responsible for the management of more than 12 office and retail assets in the territory of Belgrade, MPC Properties has made a decision to turn off the facade lighting of its buildings during the night to ensure maximum electricity savings in the last quarter of 2022.
To succeed in the digital age, landlords and operators must embrace a culture of fact-based decision making. Adopting advanced analytics tools and investing in the collection of valuable data to inform their business decisions will enable them to improve their own business performance, that of retailers, and, indeed, that of the rest of the retail industry.
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