PLANS OF INVESTORS AND OWNERS

Investment

Commerz Real buys Forum City Mühlheim, Germany

Commerz Real has acquired the 47,300-sq-m “Forum City Mühlheim” for its open-ended real estate fund “hausInvest.”

News on Ada Mall: Binding term sheet for financing

GTC S.A. has signed a binding term sheet for the financing of construction of Ada Mall, its first retail investment in Belgrade. The agreement concluded with Banca Intesa Beograd, VUB, and PBZ (all banks of the Intesa Sanpaolo group) amounts to €64 million.

Bouwfonds IM with Dutch convenience shopping center initiative

250 million euros will be invested in the upcoming years.

Strong Annual Growth in Germany

Around €3.8 billion were invested in the German retail market in the first three months of 2017.

MAS Heads for Bulgaria

The company reports that the continuous increase in purchasing power in the region underpins the investment case in general and that for its acquisitions of Galleria Burgas and Galleria Stara Zagora in particular.

Popular Stockholm

According to Savills, the Swedish capital is currently the most attractive destination in Europe for shopping center investments due to its reputation as a “safe haven” and its relatively affluent population.

Clearly weakened indicators of investment

BNP Parisbas Real Estate recently published “At a glance: UK shopping center & out of town retail market, December 2016.” One of the headlines is that investment volumes fell by around a third compared to 2015 for both the retail warehousing and shopping center markets.

Investors Increasingly Focusing on Retail Parks

Investment in German retail properties is declining. The transaction volume is increasing significantly only in retail parks. Retail parks currently offer good investment opportunities in the UK as well.

Retail Asset Management as a Holistic Approach

According to Stephan Austrup, Head of Retail in Germany at TH Real Estate, omni-channeling and digitalization are key drivers of change. In all acquisitions and in business plans for existing portfolios, he therefore considers the impact of this change on retail formats, retailers’ required floor plans, and whether the property provides the necessary layout flexibility.

“Emotions can of course arise toward a building”

TriGranit recently sold Bonarka City Center (BCC). CEO Árpád Török spoke with ACROSS, among other things, about a very eventful 2016.

Glasgow is dominated by global brands

The Scottish city has witnessed the highest number of new restaurant openings in the United Kingdom outside London. Anne Murray, Group Manager Inward Investment at InvestGlasgow, is helping retailers to use this to counter competition from the internet.

„Glasgow will be targeted“

In this interview with ACROSS, Anne Murray from InvestGlasgow and Stephen Bibby from Cushman & Wakefield explain the Scottish city’s investment opportunities.

“Investors want to benefit from specialist sector knowledge”

Shopping center investors have manifold expectations of their asset managers. Steffen Hofmann, Founder and CEO of iMallinvest Europe, knows all the specifics from his daily work.

Investments in Department Stores - Potential Tops Returns

German department stores are good investments - if you recognize the development opportunities, that is.

Investment News

ACROSS EU 2016 Investment News

KEY PERFORMANCE INDICATORS III – Let’s talk about lease length!

An important metric used by real estate investors to measure the overall tenancy risks of multi-tenant properties like shopping centers is the Weighted Averaged Unexpired Lease Term.

Investment News

ACROSS EU 2015 Investment News

UK shopping center transactions surpass long-term average to reach £4.3 billion (€5.57 billion) in 2015

The investor carousal is turning. Property companies were the most active investor type in the UK, acquiring 34 shopping centers.

Transferring shopping centers into tomorrow’s world

While structural trends will continue to alter the retail landscape, it is important to “marry” global demographic trends with the localized nature of malls.

Germany: Record Transaction Volume

In the course of 2015, around €18.1 billion were invested in German retail properties, according to analysis by the real estate consulting firm CBRE.