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ACROSS

Retail

STRATEGIES AND EXPANSION PLANS OF RETAILERS

Vendo Park, Zambrow, Poland. /// credit: Trei Real Estate

In 2023, Trei Invested around 35 million Euros in Retail Parks in Poland

Trei Real Estate GmbH (“Trei”) just opened the 38th retail park of its Vendo Park brand in Poland. The property is located in Konin, a town of around 80,000 residents in the Greater Poland voivodeship. The new Vendo Park has a lettable area of around 5,400 sq m, with units let to Aldi, Rossmann, Pepco, Dealz, Kakadu, Sinsay and Piekarnia Grochola. On the whole, Trei invested about 6.4 million euros in the property.

A Festive Revolution: How Spice Riga is Transforming Christmas Shopping Experiences

In the heart of Riga, a revolution in retail festivity is unfolding. Spice Riga, a leading shopping center, is transforming into a breathtaking Christmas paradise, thanks to a groundbreaking collaboration with MK Illumination. This bespoke project, planned for 2023–2025, is not just a decoration initiative, but a reimagination of the shopping experience during the most wonderful time of the year.

The ZIEL shopping center in Hennigsdorf near Berlin is one of the 8 retail properties that MEC will manage on behalf of KGAL in the future. /// credit: MEC

KGAL extends and expands cooperation with MEC at eight German retail locations

MEC will continue to be responsible for the management of six retail locations in the KGAL Investment Management portfolio. In addition, the management of two further locations will be transferred to MEC. The two companies have now signed an agreement to continue and expand their existing partnership. With the management package transferred to MEC, the Düsseldorf-based retail real estate specialist operates over 130,000 sq m of lettable retail space for KGAL.

credit:tissot

TISSOT OPENS FLAGSHIP BOUTIQUE IN COVENT GARDEN, London

Tissot’s first flagship further enhances the strong luxury watch and fine jewellery portfolio across the Covent Garden estate, joining global brands Bucherer, Hublot, OMEGA, Tag Heuer, Tiffany & Co. and TUDOR, as well as recently opened Messika and Girard-Perreguax.

Pipera Plaza retail Park, Bucharest, Romania. /// credit: Narrative

Mitiska REIM sells 25 Romanian retail parks to LCP

Mitiska REIM has announced that following the successful completion of its value creation program, it has completed the sale of 25 retail parks in Romania to LCP Group for 219 million euros. This sale is one of the largest retail real estate transactions in Romania and more than doubles the original investment over an average holding period of 5 years for investors in the FRI and FRI 2 funds which owned the assets.

credit:loewe

Loewe opens first store in Norway

LOEWE is one of the largest luxury companies in the world. Craftsmanship, progress and unsurpassed expertise in handling leather are the cornerstones of LOEWE, which has a 170-year history.

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ACROSS STUDY TOUR TO ISTANBUL 2024 /// APRIL 17TH TO 19TH
ISTANBUL – Innovative retail concepts, different shopping center concepts, top-class insights, excellent networking opportunities, keynotes, and expanding brands characterize the travel program of this study tour. You can find all information about the tour, including interviews, the program, and the registration form, here.
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