ACROSS | The European Retail Real Estate Magazine

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AEW Ciloger acquires an office-led mixed-use building on avenue Marceau in Paris’ CBD, on behalf of the Fructipierre Fund

Image: AEW

AEW Ciloger announces that it has acquired, on behalf of the Fund (SCPI) Fructipierre, a fully let mixed-use building located at 6 avenue Marceau in the 8th Arrondissement of Paris.

The building is ideally located in Paris’ CBD and offers 2,500 sqm of space distributed across 8 levels of offices and two street level retail premises. The building also includes 46 indoor parking lots.
Fructipierre is a diversified income focused fund with a portfolio that comprises offices and retail assets in Central Paris and Paris Île de France.
AEW Ciloger was advised by ADDH – Me DECHIN and the seller by 14 Pyramides – Me GOURRET.
Wakefield & Cushman and Hayter International were co-exclusive mandated in this transaction.

 

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INGKA CENTRES (FORMERLY IKEA CENTRES) LAUNCHES HANDS-FREE SHOPPING IN RUSSIA

Ingka Centres, formerly IKEA Centres, has launched Hands-free Shopping at three of its MEGA branded Russian shopping malls. It is thought to be the first time the service has been brought to multiple retail destinations of this size in Russia, and reflects Russian consumer demands for convenience, quality service, and time saving in a more omni-channel world.

Arena Mall is transforming, becoming a landmark shopping and entertainment destination for Bacau

Romania: Arena Mall shopping center in Bacau, a reference for the retail market in the Moldova region, will enter into a comprehensive extension and modernization process that will result in a 60% increase of its leaseable area and in the construction of a multi-storey car park.

Excellent retail investment performance and an influx of new brands

Poland: JLL advisory agency summarizes the situation on the retail market at the end of Q3 2018.

Seasalt brings Cornish style to The Mall at Cribbs Causeway, Bristol

UK: The joint owners of The Mall at Cribbs Causeway, intu and M&G Real Estate, have announced that Seasalt Cornwall and Schuh Kids will be the latest new brands to join the centre, while specialist holiday operator TUI confirms an expansion.

SOLIDARITY DAY @ CARROUSEL DU LOUVRE

As part of the Solidarity Day initiatives, on 19 September 2018, a 50-strong group of Unibail-Rodamco-Westfield employees gathered in Paris for a day of giving back, dedicating their time and energy to an association supported by Carrousel du Louvre – one of Unibail-Rodamco-Westfield’s shopping centres.

KLÉPIERRE HOLDS INVESTOR DAY IN THE NETHERLANDS

Klépierre is holding its Investor Day in Amsterdam and Utrecht today.