Credit: REAL I.S. AG

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

BAML appoints new management team

Ballymore Asset Management Limited (BAML) has appointed Tony Hymers as Managing Director and Ross MacCaskill as Finance Director.

BIG Shopping Center raised 55 million euros at the Israeli stock exchange for further expansion in Serbia and the Balkans

The BIG Group intends to use the proceeds from this bond issue to continue its expansion in Serbia and in the Balkan region.

MAPIC 2021 back in Cannes and towards new retail mix

The international retail property market event will gather 8,200+ retail, property, food & leisure leaders from over 80 countries at the on-site event in the Palais des Festivals from November 30 to December 2, 2021.

CBRE becomes largest shopping center manager in Iberia

CBRE reaches the number of 50 shopping centers under management and leasing in 2021, amounting to 2.3 million sq m throughout the Iberian portfolio.

Newly umdasch shopfitted Julius Meinl on Vienna’s Graben reopened

After several months of renovation work, the traditional Viennese gourmet food store Julius Meinl on the prestigious Graben in Vienna presents itself in new light in the middle of the exclusive pedestrian zone.

AM Alpha acquires Nutgrove Retail Park in Dublin

The Munich-based family office AM alpha has completed a further transaction in Dublin this year with the acquisition of the Nutgrove Retail Park in a consistently strong trading location. This is the first major retail park trade in Dublin since 2018.