THE LATEST RETAIL REAL ESTATE NEWS
McArthurGlen Designer Outlet Ashford announced that work has started on Europe’s largest living wall installation, which forms part of the centre’s £90 million expansion. Made up of approximately 120,000 plants, the 25,000 sq. ft. living wall installation is set to create a striking atmosphere in the centre, with beautiful vertical gardens covering the walls of the new entry promenade, various walkways and many of the new stores.
Sonae Sierra’s financial and operational results in 2018 reveal its solid performance and the successful implementation of its strategy. Likewise, the company has demonstrated its capacity to creating shared value by addressing sustainability issues while getting good financial results.
Hanningtons Lane has opened to the public and visitors are able to walk down Brighton’s newest Lane for the very first time. Redevco and its main contractor Westridge have been working hard on the creation of the city’s new retail and cultural quarter for two years and retailers are now starting to move in and fit our their stores.
Frankfurt Airport Retail (FAR), a joint venture between Gebr. Heinemann and airport operator company Fraport, is bringing the first Saint Laurent Paris boutique to a German airport.
New experts to be included in the board are associated with Amrest, Apsys, Dentons and Atrium among other companies.
Grosvenor Europe has announced that global fashion brand, Polo Ralph Lauren, has officially opened its 1,900 sq ft new store on Liverpool ONE’s Peter’s Lane.
SIGNA Sports United is forging a strategic alliance with digital innovation leaders soccerwatch.TV and TRACKTICS with the objective of providing digitalization support to clubs in amateur and popular sports. The use of cutting-edge technologies provides teams, clubs, club members, and fans fantastic benefits in important areas such as game analysis, club management, content marketing, streaming, and much more.
The Italian luxury menswear brand, Luca Faloni, has chosen Marylebone High Street, in the heart of Marylebone Village, for its flagship store in London.
Joint owners of centre:mk, Hermes Investment Management and AustralianSuper, have announced that international fashion retailer, Primark, has officially opened its highly anticipated 75,000 sq ft store within centre:mk.
On April 11, 2019, the time had finally come: the new outlet centre in Selb opened its doors.
It will be the largest and most modern store of eobuwie.pl in Poland. The most cutting-edge footwear retail chain in the country has decided to extend the space leased four times in Galeria Młociny from 580 sq m up to 2,300 sq m. All this to create the first two-level store, where we can find almost 200,000 pairs of shoes - as much as 70 traditional stores - and also offer an online order delivery service on the same day.
Hamburg’s HafenCity is one of the world’s most important urban development projects. Southern Überseequartier will form its vibrant core from 2022 on: a mixed-use district with creative and pioneering concepts for working, living, enjoyment, and shopping.
Champion, the authentic athletic apparel retailer, is to open its first UK outlet store and has chosen London Designer Outlet (LDO) in Wembley Park as the best place to be. London’s leading fashion and lifestyle outlet centre continues to attract new and diverse brands to its tenant mix, having also signed cosmetic retailer, Beauty Outlet.
Longmartin Properties Ltd, a joint venture between Shaftesbury and The Mercers’ Company, has announced the completion of the £10 million refurbishment of 143 Long Acre in London. The building is situated at the gateway to Covent Garden from Leicester Square and comprises a flagship retail store and five floors of office space.
LabTech, owner of Camden Market in London, has opened Italian Alley, a new dining concept which showcases five different Italian eateries to form a hub, dedicated to providing modern Italian cuisines.
Spaces, the global supplier of creative working environments, and part of the IWG group, has leased 2,700 sq m in the mixed-use Wroclavia centre. Experts from JLL advised Spaces on the negotiation of lease terms. The developer - Unibail-Rodamco-Westfield - was represented by Knight Frank.
The Lebanese nut retailing company Al Rifai is showcasing its “Flies you Nuts” pop up concept stage at Frankfurt Airport in Z Main Non-Schengen from April until July 2019.
The newly developed food and entertainment area “Foodtopia” at MyZeil in Frankfurt opened its doors to customers for the first time on April 11, 2019. The unique concept which has been planned and realized by shopping center expert ECE takes up operations about one year after construction began.
Slovenia’s most modern shopping center, ALEJA, which is being built in the Šiška district of Ljubljana, will open next year.