Development

CURRENT PROJECTS, TRENDS AND STRATEGIES OF DEVELOPERS

Mitiska REIM announced the completion of transforming the Retail Centre De Lely, located in the Dutch city of Arnhem. Acquired in July 2018, a 30-month value-add programme has now been completed which has remodeled the look, layout, and tenant mix of the convenience center.

The project is developed by HG Invest in cooperation with FOC Retail Service GmbH and Outlet Evolution Services. On an area of more than 20,000 sq m, 70 shops and several hundred new jobs will be created in two phases. Its first phase will be opened in 2023, phase two is scheduled for 2026.

Following its market entry in Italy, Immofinanz is continuing the expansion of its STOP SHOP retail park brand in the Adriatic region. In Croatia, the number of retail parks is to be increased from currently four to more than 20 locations in the medium term.

Scallier has obtained the building permit to construct another retail park in Romania. Situated in Turda, the development will provide around 9,000 sqm of space to let. Populated by some 50,000 people, Turda is a town in the northern part of the country.

The 27, 000 sq m project is being delivered by Rioja Estates in partnership with Osborne+Co, its first phase is expected to open in Summer 2025 with Phase Two following soon after in Autumn 2027.

EDGE announces the successful delivery of its eye-catching 75,000 sq m mixed-use development Valley, designed by MVRDV, to owner RJB Group of Companies. EDGE has won the tender in 2015 and started construction in 2017 with the ambitious goal to bring a new dynamism to Amsterdam’s Zuidas.

The expansion of the Eurovea mixed-use complex in Bratislava is progressing according to schedule. The project is being developed by J&T Real Estate, and the functional public places were executed by internationally recognized architect Beth Galí.

St James Quarter +++ Los Patios de Azahara +++ Linzerie +++ Vivo! Baia Mare +++ Koszalin Power Center +++ City Centre Coventry +++ Pedestrian zone / Tegel Quartier +++ stilwerk Rotterdam

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