Investment

CARREFOUR COMPLETES THE ACQUISITION OF DIA FRANCE

Carrefour recently announced that it has completed the acquisition of Dia France. This transaction is in line with Carrefour’s multi-format and multi-channel expansion strategy.

It allows Carrefour to reinforce its presence across France to better serve its clients. The integration of Dia by Carrefour is now entering a new stage. The teams will work closely together to define priorities and continue their long-term development.

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Investment MORE

Seeking maximum efficiency

Why Lean Management is an imperative for future-proofing our shopping centers.

Work, Live, Play: Creation of a More Diverse, Competitive Product

Just as the Covid-19 pandemic blurred the lines between office and home in 2020, the office of the future will need to combine elements of work, life, and experience in order to be competitive in post-pandemic city center locations, writes Nicole Pötsch, Head of Acquisitions & Sales for North & Central Europe at Allianz Real Estate.

Ingka Centres’ First Acquisition in the USA

The company has purchased the “6X6” building in downtown San Francisco. Following a transformation, the retail destination will be anchored by IKEA and will be complemented by mixed-use offerings.

Stricter financing conditions for retail properties

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.

Ingka Centres Acquires Kings Mall in London

Following its transformation, the scheme will be the first mixed-use object in a downtown location, anchored by an IKEA city store, in the United Kingdom.

Upgrading the existing portfolio

Ingka Centres’ €7.3 billion investment to transform its business remains on track – with particular emphasis on sustainability and innovation.