Outlet Park Szczecin, owned by Echo Polska Properties, is the most popular outlet in Poland – in the first quarter of this year it was visited by 825,837 people – more than in case of other similar outlets. Average monthly footfall in Outlet Park Szczecin amounts to 290,000 customers.
On behalf of the Pan European Urban Retail Fund, “PURetail”, a Luxembourg FCP-SIF available to professional investors only and closed to subscriptions since July 2014, La Française Real Estate Partners International (LF REP International) and Aberdeen Asset Management have successfully sold the “Estelle/Oscar”-Portfolio, a high-street retail portfolio located in Linköping, the fifth largest city in Sweden.
JSE listed Polish property group Echo Polska Properties NV (EPP) raised approximately R2.2 billion in an accelerated bookbuilding through the placing of 118 918 918 new shares at a price of R 18.50 per share.
Pradera, one of Europe’s leading specialist retail property fund and asset managers, has completed the first acquisitions for the Pradera European Retail Parks SCSp, a Luxembourg fund which in March signed a EUR 900 million transaction with IKEA Centres to acquire 25 retail parks in eight European countries.
JHP has designed a ‘beautiful stand-alone store’ in the heart of Milan for Middle Eastern luxury brand Amouage. It is the latest store in a ten-year relationship between JHP and Amouage, and the newest incarnation of its ever-evolving concept.
Hammerson and Standard Life Investments, the co-owners of Brent Cross Shopping Centre, announce that a number of retailers at Brent Cross have chosen to significantly expand their presence with upsized stores at the centre.
A shop of the Spanish Tous brand, which is popular all over the world, is to be opened in Galeria Libero in Katowice. It offers conveniently priced luxury jewellery as well as leather accessories.
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