Inditex Group’s net sales climb 2% to €5.7 billion in the first three months of 2018 fiscal year
Inditex registered net sales growth of 2% in the first three months of its new fiscal year (1 February –30 April 2018) to €5.7 billion, marking a new first quarter record.
AX | ARMANI EXCHANGE OPENS ITS FIRST STORE OUTSIDE LONDON AT LIVERPOOL ONE
Grosvenor Europe announces that AX | Armani Exchange, the premium fashion brand for men and women, is to join the Liverpool ONE line-up with the opening of its debut standalone store outside London.
JONES & SONS SET UP SERVICE AT ANGEL CENTRAL, UK
CBRE Global Investors has announced that classic British restaurant and cocktail bar, Jones & Sons has now launched a second site at Angel Central Shopping Centre, Islington, London.
CCC expands its store at Sarni Stok shopping centre IN BIELSKO-BIAŁA, POLAND
CCC, a leading footwear manufacturer and distributor, has decided to renew its lease agreement at the Sarni Stock shopping centre in Bielsko-Biała and to expand its 700 sq m store to 1,328 sq m.
Food court Oslo houses three great brands including the first wagamama in Norway
HMSHost-Umoe, the joint venture between HMSHost International and Umoe Restaurants that operates food and beverages on five op Norway’s largest airports, opens in June 2018 three concepts at Oslo Airport; the debut of wagamama in Norway, the popular Burger King and the Norwegian hero La Baguette.
Revetas announces acquisition of TriGranit from TPG Real Estate
Revetas, a specialist real estate investment manager focusing on the Central and Eastern Europe region, together with funds managed by Goldman Sachs Asset Management, announced it has acquired TriGranit from TPG Real Estate, the real estate platform of global alternative asset firm TPG. Terms of the transaction were not disclosed.
ADIDAS SET TO JOIN LINE-UP FOR ZSAR OUTLET VILLAGE, FINLAND
Global sportswear brand adidas is set to join the line-up of leading brand tenants at the Zsar Outlet Village in Finland, when the country’s first outlet centre opens at the end of 2018.
New property leasing approach proposed to target UK retail troubles
A radical approach to property leasing is being proposed to help shopping environments throughout the UK.
Owners focus on revitalisation
The Czech market has not delivered any new shopping centre space since the beginning of the year. Owners focus on revitalisation. 19 % of all existing shopping centres in the Czech Republic have been refurbished to date. Further revitalizations are yet to be completed.
Catella advises Coop in mega transaction in Aarhus
Catella Corporate Finance has acted as financial advisor to Coop in the sale of an attractive 131.300 sq.m. real estate portfolio in Aarhus to Dades A/S.
FINNISH STATE VENTURE INVESTS IN ZSAR OUTLET VILLAGE
The Finnish state-owned venture Finish Industry Investment Ltd. also known as Tesi, has announced that it is to invest in Zsar Outlet Village, Finland’s first outlet centre.
Cushman & Wakefield Appointed to Review Development Options for Leatherhead’s Swan Shopping Centre
Cushman & Wakefield has been appointed by Mole Valley District Council to review development options for the Swan Shopping Centre in Leatherhead, UK, following a competitive tender process.
68TH INTERNATIONAL RETAIL SUMMIT, 6 – 7 SEPTEMBER 2018, ZURICH, SWITZERLAND
The two-day event will take place on 6 – 7 September at the GDI Gottlieb Duttweiler Institute in Rüschlikon, Zurich.
FORUM GDAŃSK — ONE MILLION VISITS LESS THAN 3 WEEKS AFTER OPENING
One million people have already visited Forum Gdańsk, situated in the heart of the Polish city. This modern urban centre opened its doors less than 3 weeks ago and immediately became a must-visit place for thousands of shoppers and visitors.
Simon Cunningham, ex-Director at Value Retail, joins Zsar’s Board
Simon Cunningham, former COO of Value Retail, has been selected as a new member of Zsar’s Board of Directors.
Dining delights to be dished up at Swords Pavilions
Hammerson, IPUT and Irish Life, joint owners of the Swords Pavilions Shopping Centre, will launch a new restaurant quarter later on this year as it announces the first restaurants to sign up to the enhanced leisure offer at North Dublin’s leading shopping destination.
SIGNA takes over kika/Leiner furniture chain
The SIGNA Group has submitted a purchase offer for the furniture chain kika/Leiner to the South African Steinhoff Group.
UK to have own pavilion and programme at MAPIC 2018
The organisers of MAPIC 2018 in November confirm that this year’s event will feature a full programme and pavilion dedicated to the UK.
GTC DISTRIBUTES ITS M-SERIES DIVIDEND SHARES
On its path of growth, GTC announces that it has paid dividend of 0.33 PLN per share.
The first stage of the expansion of Arena Centar in Zagreb has been completed
With the opening of the refurbished and expanded Intersport and Stradivarius stores, the first stage of the expansion of Arena Centar has been completed, so far expanding the largest shopping centre in the Croatian metropolis by approximately 2,000 sq m of the planned 5,500 sq m.