THE LATEST RETAIL REAL ESTATE NEWS
The brand mix puts emphasis on local makers and eco-friendly retail.
Hystead Limited, which is 60% owned by Hyprop Limited, has successfully completed the 12 000 sq m extension to the Mall of Sofia, Bulgaria.
Rossy de Palma, the iconic Spanish actress, is ambassador of the Designer Outlet Zaragoza, the new shopping destination in the North of Spain.
Neinver – a leading investor, developer and operator in the European outlet centre industry and the largest operator in Spain and Poland – has announced that sales across its outlet portfolio grew to €487M during the first half of the year, an 8% increase compared to the same period in 2018. The number of visitors to the 16-outlet-centre portfolio also rose by 3% to 21 million.
Fashercise, the successful activewear e-commerce label, has selected Seven Dials for its first UK store. Launching at 46 Monmouth Street this summer, the 650 sq ft space marks the evolution of the digitally native brand into a specialist concept store in London’s West End.
AEG and Crosstree Real Estate Partners have announced the international debut of Australian F&B brand Butcher and the Farmer at The O2, signing a farm-to-table concept focused on shared dining.
Two major players in the Bavarian capital have joined forces to celebrate outstanding cinematic art and a lifestyle that is laid-back as well as creative and glamorous – in the heart of the city.
On July 11, Centro Oberhausen celebrated the completion of the two-year modernization project. Together with partner CPP Investment Board, Unibail-Rodamco-Westfield invested around 20 million euros in the refurbishment. Half of the investment sum went into the core of the revitalisation, the redesign of the Coca-Cola Oase food court.
Eperia Shopping Mall, Prešov’s number-one shopping destination, is officially the greenest shopping center in Slovakia.
His term will start at August 1, 2019 and will end April 2023.
Further shops by established brands launched in kiln hall: Outlet management team grows.
Centro Colombo has made available Share Now service to their visitors, becoming the first shopping centre in Portugal to provide this kind of services.
HMSHost International, leading provider of food & beverage locations at high traffic locations worldwide, announces the extension of their partnership with McArthurGlen, Europe’s leading owner, developer and manager of designer outlets. This extension of the relationship will see HMSHost open two new restaurants at McArthurGlen Designer Outlet Ashford in October 2019.
Fruitisimo, a successful Czech juice bar chain, has recently opened its sixth store in Budapest, bringing it’s total store count across CEE to 80 stores.
Three upcoming and independent London brands - Koi Ramen, The Tap In and Dima Beautiful - have signed leases for space within the heart of the Elephant Park development emerging in south London.
A new fashion outlet & fun park will be developed in Cyprus.
Retail real estate specialist ECE Real Estate Partners has set up an open-ended pan-European shopping centre fund. The new "ECE Progressive Income Growth Fund" (EPIG Fund) has secured equity commitments of more than EUR 700 million from a leading global institutional investor base and has acquired a seed portfolio consisting of dominant shopping centres in Germany, Austria, Denmark, Poland and Italy with a market value in excess of EUR 1.6 billion. For the upcoming years, further acquisitions of dominant European shopping centres are planned.
The St David’s Partnership, owners of St David’s in Cardiff, one of the UK’s premier retail and leisure destinations, has announced the signing of Clicks and Mortar, the Amazon and Enterprise Nation supported scheme, providing a physical retail space for small online-only retailers.
In addition to his previous field of functions, he from now on assumes more responsibility in the areas of Concept and Construction.
Hammerson plc announces today the appointment of Howard Ebison as its new Operations Director.