Credit: REAL I.S. AG
Ticker

MediaMarkt extends lease on Johan Cruijff Boulevard

REAL I.S. AG has extended a long-term lease agreement with MediaMarkt for the building at Johan Cruijff Boulevard 123-125 in Amsterdam.

The strategic location of the electronics giant is one of the first stores opened in the Netherlands. Since 2000, the organization has been leasing the retail space of 10,000 sqm next to the football stadium Johan Cruijff ArenA. This means that MediaMarkt has the largest multimedia store in the Amsterdam area.

Johan Cruijff Boulevard, called the ArenA boulevard until 2020, is a pedestrian promenade in the center of Amsterdam-Zuidoost. It connects the Ziggo Dome and the Johan Cruijff ArenA with train station Bijlmer ArenA. MediaMarkt’s neighbors include AFAS Live, Pathé Arena and homeware mall Villa ArenA.

The landlord, REAL I.S. AG, is one of the leading German real estate investment providers and is active in various European countries and in Australia. Since 2017, the organization has a branch in Amsterdam. This allows them to manage investments regionally.

Colliers International assisted the owner, Real I.S. AG, in this transaction.

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

Ticker MORE

Special Issue “Going Forward!”

This online special will be available as a free download until April 25.

Castellana Properties to invest €15.6 million in expanding its food and leisure offering at Los Arcos

Castellana Properties has acquired a four-storey office building comprising over 4,600 sqm GLA from Aliseda. The building is adjacent to Los Arcos shopping centre and will now form part of an ambitious plan to transform and upgrade this space, with Castellana Properties set to invest a total of €15.6 million.

Finally a new date for Mapic Italy

Reed Midem recently announced that the event will take place on September 14 and 15, 2021 at a new location in Milan–the Superstudio Maxi.

Legal & General reimagines retail

With the much-anticipated reopening of non-essential shops finally here, businesses will be welcoming locals back into their stores. For one street in Poole, the 2021 easing of lockdown is particularly exciting: Poole’s Kingland Crescent has been completely revamped as part of LGIM Real Assets strategy to re-invent and re-position their retail places.

Mallson Polska acquires the EMPIK chain to C.H. Sekunda in Jędrzejów, Poland

The Empik chain will open its store in the region's largest retail and service facility, "Sekunda", in Jędrzejów. The store will occupy 170 sq m of leasable space.

The exhibition of painter Velimir Ilišević opened in Galerija Belgrade

The exhibition of painter Velimir Ilišević entitled „Striking roots“ is opened in the gallery space LAG within Galerija Belgrade. The series of paintings is a summary of Ilišević’s reflections on painting, while the choice of motifs symbolizes development and indicates his future achievements.