We did find the following entries for: retail property
Deka Immobilien GmbH has acquired a retail park in Sweden for around EUR 70 million. Aberdeen Standard Investments European Real Estate Club II sold the property, which will be added to the portfolio of the WestInvest TargetSelect Shopping sector fund for institutional investors.
In Romania, repeated and unplanned changes in legislation hinder the process of building authorization, as well as the legal steps required at the time of completion.
TH Real Estate, on behalf of Warburg-HIH Invest Real Estate (Warburg-HIH Invest), just sold a retail property with a gross lettable area of 5,860 sq m in the Italian city of Bologna on behalf of its “Pan-Europa Fonds Nr. 3” investment fund.
Union Investment has acquired a high street property from Thor Equities comprising some 1,320 sq m of rental space in one of Madrid’s main shopping streets. Built in 1900, the five-storey building at Calle de Fuencarral 16 was completely refurbished in 2017.
Over the past two decades, Portugal has been a consumer-driven country, catapulting the country’s retail sales area very close to 1.00 sq m per capita.
Why one needs to understand the 12 Ps of marketing the retail property to show a value of one’s activity and help the industry to thrive in the long term.
Sierra Fund (a pan-European retail fund in which Sonae Sierra has a stake of 50.1%) and the Retail Property Fund Iberica (RPFI), which is managed by CBRE Global Investors, have sold the La Farga Shopping Center (Hospitalet de Llobregat, Barcelona) to Temprano Capital Partners.
Global real estate investment company Kennedy Wilson has completed the sale of ten wholly owned Spanish retail properties for $81 million to Barings, a global investment management firm.
With 2019 heralded as the coming-of-age for PropTech, owners and managers of real estate are under increasing pressure to understand the value of technology when making key tech investment decisions.
KGAL Group further expands its real estate stock in Austria with the acquisition of two retail parks in Kärnten. The two retail parks in Völkermarkt and St. Veit an der Glan become part of an openended special property fund in Austria, which is administered by HANSAINVEST Hanseatische Investment-GmbH regulated capital management company for services (Service-KVG).
A radical approach to property leasing is being proposed to help shopping environments throughout the UK.
Qrf City Retail, the Belgian specialist in inner-city retail premises, has closed the sale of a non-strategic retail property located at 39 Stationstraat, Sint-Niklaas, Belgium.
Business closures and rent losses in the coronavirus crisis have made banks even more cautious about retail properties and shopping centers. In the case of refinancing, portfolio holders have to calculate with higher interest rates and additional equity.
An attempt to explain the current situation faced by retail tenants.
Shopping centres were reopened on 4 May. This is an indication that there’s light at the end of the tunnel for landlords and tenants, but the ongoing pandemic will have an enormous impact on the entire retail industry. Sylwia Wiszowata-Łazarz and Joanna Kłusek from global real estate services firm Cushman & Wakefield talked about the current market situation, changing consumer habits and what actions to take to ensure a safe return of shoppers to brick-and-mortar stores during the webinar “Disconnect to Reconnect - About retail in the new reality”.
Fund has target volume of EUR 300 million, focuses on food retail markets and grocery-anchored retail warehouse parks.
Sponda has appointed Katja Holmström as Director, Retail and a member of the company's Extended Management Team. Holmström will start in her new position in early August and she will be responsible for developing and managing Sponda's Retail business.
redos Group has acquired a portfolio consisting of six retail properties from EDEKA Handelsgesellschaft Rhein-Ruhr mbH, which is part of EDEKA Group, one of Europe’s largest food retailers. All of the properties are located in the northwest German state of North Rhine-Westphalia and are earmarked for the Redos Einzelhandel Deutschland II institutional fund, managed in partnership with Union Investment.
"Action will be needed to save millions of jobs around Europe. This will be a call for action for all of us who still operate, manage, develop, build, and expand stationary points of sales. Survival instinct is the prerogative of the species and now we have to find ours."
Europe’s retailing sector is reeling from the shock of lockdowns across the region to limit the spread of the Covid-19 pandemic, but the impact on the sector’s credit outlook will be uneven, says Scope Ratings.