CURRENT PROJECTS, TRENDS AND STRATEGIES OF DEVELOPERS

Development

Green Light for 155-meter mixed-use tower in Vienna Twentytwo urban quarter

Signa and ARE Austrian Real Estate recently received building permits for the 155-meter-high mixed-use tower and an office building. This clears the way for the completion of the Vienna Twentytwo urban quarter, which has been under construction since 2019.

FOM leases 7,600 sq m to Edeka at shopping center in Hannover

FOM Invest has leased around 7,600 sq m of retail space in the Linden district in Hannover to the retail chain Edeka.

Tbilisi Outlet Village construction is full speed ahead

Construction of the 12,500 sq m phase1 of Tbilisi Outlet Village outside the Georgian capital has well progressed since the project celebrated groundbreaking early September this year.

Garbe, Terragon, and URW join to develop residential project in Westfield Hamburg-Überseequartier

In a joint venture, Garbe Immobilien-Projekte and Terragon have acquired a residential building in Westfield Hamburg-Überseequartier. Together with Unibail-Rodamco-Westfield, they are now working on the urban development within the mixed-use quarter.

Grantham Designer Outlet welcomes Armani, Hugo Boss, and new online sales platform

The Designer Outlet Village announces additional brands and the new online sales platform Wishibam, a UK-first for outlet retail destinations.

Ingka Centers plans first IKEA anchored meeting place in India

Ingka Centers revealed plans for a major new IKEA anchored mixed-use development in Gurugram, a city southwest of New Delhi, in the state of Haryana.

EDGE delivers mixed-use development Valley in Amsterdam to RJB Group

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.

BIG Shopping Center raised 55 million euros at the Israeli stock exchange for further expansion in Serbia and the Balkans

The BIG Group intends to use the proceeds from this bond issue to continue its expansion in Serbia and in the Balkan region.

Construction work of the Main Yard neighborhood development in Frankfurt started

Work on the project in the middle of the inner-city Allerheiligenviertel district has begun after the building permit was issued. The development of the new urban quarter is officially beginning, which represents a modernization boost for the aging district.

CEV revitalizes retail space to modern hybrid shopping center in Saalfeld

CEV Handelsimmobilien GmbH (CEV) is renovating approximately 21,000 sq m of retail space and will reopen the center as Saalemarkt in summer 2022. The investment volume amounts to around €25 million.

Colosseum Mall in Bucharest to inaugurate its expansion next spring

The opening previously planned for the end of this year has been postponed due to coronavirus infection rates and emergency law responses.

Nivy Center revitalizing Bratislava’s city life

Bratislava’s residents are already referring to Nivy as the "downtown" or even "Manhattan".

We are living in a complex world – new challenges for retail parks!

“Strong food retailers are an important building block for success in all our centers.”

Expansion Construction Progress

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.

Paris-Proofing Retail Property: Who Needs to Do What and by When?

“Despite laudable efforts, the retail real estate industry still needs a common vision and strategy to achieve full decarbonization by 2050.”

Projects & Openings Europe

Etele Plaza +++ Flair +++ Shop’in Pacé +++ Quarree

Projects & Openings Europe

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

Projects & Openings International

Planeta Perm | RUSSIA +++ Laurier Québec | CANADA +++ Lulu Mall Trivandrum | INDIA +++ Mission Rock | USA

“Major Cities Will Continue to Grow”

And, according to Herman Jan Faber, Global Head of External Clients and Business Development at Redevco, metropolitan areas are in need of transformation. The company, which was founded two decades ago, is diversifying its portfolio and capture the opportunities that arise as cities evolve.

The rebirth of an institution

The Parisian luxury department store La Samaritaine was originally opened in 1869 and had been closed for 16 years. Now it is back open for business.