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THE LATEST PLACEMAKING NEWS

Pangea Property Partners is expanding its business and establishes Pangea Project Finance AS from 1 January 2021. A team from DNB Markets has been recruited and the syndication profile Arnstein Rød (46) will lead the company.

The official store of major world-renowned brands such as Tommy Hilfiger, Pepe Jeans, Hackett or Façonnable lands on December 17 at La Torre Outlet Zaragoza. It is All we wear
and it will have a 700 sq m space where visitors can enjoy a 50% discount on all products until December 30 (except for the new collection).

Real estate investor Altera Vastgoed NV (hereinafter: Altera) has sold the retail property at Lijnbaan 81 in Rotterdam. The property is over 400 sq. m and is let to fashion retailer Mango.

Carmila is pleased to announce that it has joined the SBF 120 – a flagship Paris stock exchange index listing the top 120 Euronext Paris stocks in terms of liquidity and market capitalisation – as well as the CAC Mid 60.

Mall operators with large portfolios of retail destinations that embrace e-commerce next year will generate a billion dollars in sales by 2025, according to Coniq’s recently published industry predictions for next year.

At the beginning of October, construction works of the new retail park – Galeria Andrychów – a joint project of Acteeum Group and Equilis Europe, officially began.

With twelve mandate extensions, MEC enters the tenth year of its existence in a stronger position. METRO PROPERTIES extends all contracts for the center management of its twelve MEC locations, thus strengthening the continuity of MEC’s core business.

Icon Outlet at The O2 has announced British multinational brand, Next, is the latest retailer to join its premium outlet offering. As one of London’s leading shopping destinations, Icon Outlet welcomed the new store last week, joining over 60 other brands including Lacoste, Hugo Boss, Tommy Hilfiger, Levi’s, and GAP.

The funds division of retail real estate investor and asset manager redos has again significantly increased its assets under management this year. In the past eleven months, the division was able to acquire properties worth around EUR 220 million for three special AIFs of Union Investment Institutional Property GmbH.