THE LATEST RETAIL REAL ESTATE NEWS

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SIGNA and Central Group acquire GLOBUS

In a 50:50 joint venture, SIGNA and Central Group acquire the Swiss luxury department store chain “GLOBUS“, along with eight associated real estate properties at top inner-city locations from the Migros-Genossenschafts-Bund (MGB).

SIGNA and Central Group acquire GLOBUS

In a 50:50 joint venture, SIGNA and Central Group acquire the Swiss luxury department store chain “GLOBUS“, along with eight associated real estate properties at top inner-city locations from the Migros-Genossenschafts-Bund (MGB).

Park Center in Sofia is fully leased

The first shopping center in Sofia, Bulgaria, – Park Center is comprised by 21 000 sq. m. GLA, all of which were leased recently.

Helena Helmersson has been appointed new CEO OF H&M Group

She was sustainability manager for five years and after that production manager based in Hong Kong. For just over a year she has been COO (Chief Operating Officer) with responsibility for expansion, logistics, production, IT, Advanced analytics and AI and Insights and Analytics.

Woking Shopping welcomes French Connection

Woking Shopping, in Surrey, England, has officially welcomed globally renowned retailer, French Connection, enhancing the destination’s fashion and lifestyle offering for the new year.

Brunswick Real Estate enters Denmark

Brunswick Real Estate invests across the Nordic region with assets under management in excess of EUR 2 billion. Focus markets to date have been Sweden and Finland with the creation of the real estate companies Regio and Kielo.

New urban district with original Leiner store planned in St. Pölten, Austria

SIGNA believes in the future of city centres and brick-and-mortar retail.

NEINVER’s outlet portfolio grows sales by 7% and exceeds €1 billion

The portfolio of 16 outlet centres in Europe welcomed over 45 million visitors.

Commerz Real with new Impact Investment division and new Head of Sustainability

Tobias Huzarski (37) is the head of the newly-created Impact Investment division at Commerz Real. He will collaborate closely with the new Head of Sustainability at Commerz Real, Viola Joncic (33).

intu creates mood-boosting light houses to brighten its visitor experience

intu has created three walk-in ‘light houses’ to boost footfall, dwell time and brighten the moods of its 35 million visitors using the psychological benefits of colour.

Edinburgh St James appoints Nick Peel as Managing Director of £1bn mixed-use development

Nick joins Edinburgh St James from the Battersea Power Station Development Company where he was head of asset & estate management.

Marylebone Village puts its best foot forward with new shoe brands

The Howard de Walden Estate has secured a series of new footwear occupiers to Marylebone Village.

Klépierre holds the 5th edition of its Retailer Day at the heart of its iconic Saint-Lazare shopping mall

Klépierre was delighted to hold its 5th French edition of its Retailer Day at Saint-Lazare, a flagship asset of the portfolio. Over 200 retailers came to discuss with Klépierre teams and learn more about ongoing development projects.

ECE European Prime Shopping Centre Fund II acquires “intu Asturias” in Spain

New acquisition by ECE Fund II in Spain: the ECE European Prime Shopping Centre Fund II has purchased the “intu Asturias” shopping center in Oviedo.

The new MEGA Alma-Ata food hall in Almaty, Kazakhstan

Take a look at the Chapman Taylor-designed food hall at the MEGA Alma-Ata shopping and entertainment centre, which opened to the public in Almaty, Kazakhstan December 2019.

The retail parks of CPI Hungary get new name and new image

The retail park portfolio of one of the leading companies in the Hungarian real estate market gets new name and new image.

Tristan Fund Sells Four Swedish Convenience retail assets to Nordic investor NREP

EPISO 4, an opportunistic fund advised by pan-European real estate investment manager Tristan Capital Partners, has sold four grocery-anchored, local shopping centres in the Greater Stockholm region to the Nordic institutional investor NREP for an undisclosed price.

Cattolica Assicurazioni enters Altera Retail

By welcoming Cattolica Assicurazioni as a shareholder by the end of 2019, Altera continues to broaden its international shareholder base.

Gebr. Heinemann and Casualfood create new opportunities with “Smartseller” joint venture

Casualfood GmbH, an ORIOR Group subsidiary specialising in high-quality food-to-go outlets, and Gebr. Heinemann SE & Co. KG, a multi-generational family-run duty-free retail and distribution company, are teaming up in a joint venture called “Smartseller” catering to small and midsized airports in Europe.

New SES Shopping Center ALEJA Due to Open on 19 March 2020

Developer and operator SES Spar European Shopping Centers has announced that the customer opening of Slovenia’s most modern shopping center, located in the northern district of Šiška in Ljubljana, Slovenia, is scheduled to take place on Thursday, 19 March 2020.