Image: Grosvenor | Gareth Jones
Ticker

LIVERPOOL ONE IS MADE UP WITH MORPHE’S NEW STORE

Grosvenor Europe has announced that leading US beauty retailer, Morphe Cosmetics, is to open its first store in the North West on Liverpool ONE’s Paradise Street in Summer 2019.

The 3,000 sq ft flagship will be the brand’s second store outside London and will offer Morphe’s full range of professional-grade make up and brushes at affordable prices.

Established in LA in 2008, Morphe is recognised by beauty bloggers and professionals as the ‘beauty brand created for the creators’ and has an impressive 9.3 million followers on Instagram. The make-up brand of choice for the Instagram generation, Morphe’s products have become world famous with both professionals and their followers.

Mark Spillman, Morphe General Manager EMEA, commented: “When we first began our UK expansion plans, Liverpool was one of the top cities in which we wanted to establish a strong presence. Liverpool ONE’s impressive footfall, position at the heart of the city, and one of the best line-ups of international brands in the UK, made it the perfect choice for our new regional store.”

Alison Clegg, Director, Asset Management, Grosvenor Europe, added: “Morphe has an impressive, ever-growing and loyal fan-following and is a perfect fit with how Liverpool ONE has evolved. The brand brings something new to our offer that will appeal to visitors from across the region. This is a great start to 2019.”

Morphe is the latest in a long list of international brands to single out Liverpool ONE for flagship stores, with the brand’s signing following the opening of Arket, & Other Stories, COS and Armani Exchange in Liverpool ONE last year. Other brands to have launched in past last 12 months include Footlocker’s largest store globally, Thai Leisure Group’s new Thaikhun Street Bar concept, and Aether, a new cocktail bar from The Alchemist.

Cushman and Wakefield and Metis acted for Liverpool ONE. MCDEVITT represented Morphe.

Sign up for our ACROSS Newsletter. Subscribe to ACROSS Magazine.

Ticker MORE

Revcap sells six Metro stores to MiDEAL Real Estate Funds

Revcap has sold six Metro stores with a total leasable area of ca. 130,000 sq m to Israeli fund manager MiDEAL Real Estate Funds.

CBRE sells BIG Shopping Park in Copenhagen to M&G

CBRE Investment Management, on behalf of the European Co-Investment Fund (ECF), has sold BIG Shopping Park in Copenhagen, owned in a joint venture with Portus Retail Partners to M&G Real Estate–part of M&G plc’s £65 billion private assets and alternatives business. The sale represents one of the largest European single-asset retail transactions.

Trei borrows another €27.5 Million for Retail Parks in Poland

Trei Real Estate borrowed €27.5 million in its first financing arrangement with the Polish bank Pekao. Collateral for the loan was provided in the form of seven Vendo Parks in Poland, all of which were completed during the past twelve months.

MPC Properties buys Delta City shopping center in Belgrade

MPC Properties acquired Delta City shopping center (open since 2007), expanding its portfolio to five regional retail assets with the latest, BEO Shopping Center opening in June 2020.

Mixed-use tower Timber Pioneer in Frankfurt receives building permits

The construction of the project developed by UBM Development and Paulus Immobilien is entering the implementation phase.

Newsec recruits Patrik Attemark as new CEO

Newsec will gather their present operations in seven countries under a single organization, led by Patrik Attemark who has been recruited as new CEO as of December.