THE LATEST RETAIL REAL ESTATE NEWS
The fashion company ETERNA opened in November a new branch in the prominent Kaiserstraße in Frankfurt am Main, Germany. The surface, façade and light planning comes together with the shopfitting and the assembly of umdasch The Store Makers.
AmRest, the multi-brand restaurants, digital services and food group leader in Central and Eastern Europe, announces signing of Development Agreements to develop the Burger King brand in Poland, Czech Republic, Slovakia, Romania and Bulgaria.
A sushi street food leader opens a mall kiosk at Złote Tarasy.
Polish property owner EPP released 3rd quarter results for the nine months ended September 2018 indicating net property income is up 37% year on year to EUR 102.2 million. The JSE-listed company said earnings available for distribution per share were at EUR 8.75 cents, and the company is on track to meet its stated guidance of EUR 11.6-11.8 cents per share.
A joint venture between the Meyer Bergman Fund, Meyer Bergman European Retail Partners I and the Healthcare of Ontario Pension Plan (HOOPP) has sold Nová Karolina shopping centre in Ostrava in the Czech Republic to the country’s largest mutual fund, ČS nemovitostní, managed by REICO.
Thousands of visitors enjoyed the illumination of a specially-commissioned light spectacular in Liverpool ONE’s Chavasse Park as the finale of a city centre-wide celebration on November 16 to officially begin Christmas in Liverpool.
The Bullring Estate, comprising the Bullring, Grand Central, and Link Street, has announced that designer footwear and accessories brand, Kurt Geiger, has officially opened a 1,800 sq ft store within the Bullring, Birmingham’s iconic shopping destination.
The Board of Directors of the Statutory Manager of Qrf City Retail announces that Mr Preben Bruggeman, Chief Financial Officer and Effective Leader, has decided to leave the company to pursue a new professional challenge.
The leasing process of the Cracovia Outlet center in Poland is gaining momentum. The outlet center realized by KG Group, which is being built on the premises of a mixed-use shopping complex, is expanding its fashion offer with the Guess brand.
La Française Real Estate Partners International has finalized the acquisition from Schoofs-Gruppe of the QuartierWEST retail park in Essen on behalf of two La Française collective real estate investment vehicles.
JLL, an advisory firm operating on the commercial real estate market, has decided to enter the residential market. With the acquisition of REAS, JLL will become the first advisory firm to operate on all segments of the real estate business in Poland. Working within the structures of JLL, REAS will be responsible for developing Living Services in both Poland, and Central & Eastern Europe.
This December, Appear Here, the leading marketplace for short-term retail, will launch Give & Receive, a curated emporium of independent brands - just in time for Christmas.
NewRiver announces the opening of The Gym at the Broadway Shopping Centre, Bexleyheath. The Gym will operate from a new 12,900 sq ft unit created by converting a previously vacant storage area on the second floor of the shopping centre, and will be accessible 24 hours a day.
Kintyre, the full-service real estate manager and investment firm, has signaled its commitment to becoming a market leader and influencer within the digital transformation of the real estate sector with the launch of a subsidiary business, Kintyre DS GmbH.
Pan-European real estate investment manager Redevco is entering the residential market through establishing a new residential real estate fund of €500 million.
Thor Equities Group, a global leader in urban real estate development, leasing and management, has announced the promotion of Colin Bahor to Director of Acquisitions.
Toolbox Group’s PropTech platform Mallcomm has been awarded Software Innovation of the Year at the 2018 Digital Entrepreneur Awards in Manchester, UK. This is the second award for Mallcomm having won Appster’s Best Enterprise App, and follows hot on the heels of being short-listed for the 2018 MAPIC Award for Best Shopping Centre Innovation.
The St David’s Partnership, owners of St David’s in Cardiff, one of the UK’s premier retail and leisure destinations, has announced that Watches of Switzerland, a British retailer of Swiss and British watches, officially unveiled their newly refurbished store at St David’s.
QTU is now ready. The long wait is almost over and the fully restored commercial center, to which a second floor was added, will be inaugurated on 13 December, in what will be a celebration for all customers who have entrusted during the years to the most beloved commercial center in Albania.
The Boulevard, Northern Ireland’s premier outlet shopping destination, is proud to announce it has been granted permission to expand its entertainment portfolio. The new development at the centre, Ninja Boxx, is the first of its kind in Northern Ireland and is part of an overall £7 million investment at The Boulevard.
