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When we presented the first print issue of ACROSS exactly 10 years ago, an epochal event shook the world economy. The US-investment bank Lehman Brothers went bankrupt with a deafening bang and caused the biggest economic crisis in recent years. The real estate industry was hit particularly hard.
Unibail-Rodamco-Westfield is developing one of the biggest and most innovative mixed-use quarters in Europe with the Southern Überseequartier in Hamburg. The ambitious project with 14 single buildings and an area of 419,000 sq m, consisting of usages like living, offices, retail, entertainment and a cruise terminal, is proceeding on schedule.
The ACROSS Advisory Board is happy to announce its latest addition and welcomes Peter Karai as its new member.
NEINVER, a company specialised in investment, development and management of property assets, the largest operator of outlet centres in Spain and Poland, reduced CO2 emissions at all the centres it manages in Europe by 13.6% in the last financial year.
Footfall has risen sharply across Dover town centre as a whole in the three months since the opening of St James Dover, a brand-new retail and leisure development, owned by Legal & General Investment Management, Real Assets (LGIM RA).
Building in the retail sector has never been easier – at least from the point of view of the client. Assuming he makes use of the services of a General Contractor.
Retail brands continued to open new stores in a wide range of cities globally in 2017, indicating that the physical store remains fundamental to retailers’ omnichannel strategies and are increasingly important to retailers’ success in international markets, according to CBRE’s annual report ‘How Global is the Business of Retail?
For the first time, DIC Asset AG succeeded in placing an investment fund under its management within the framework of a sale of share certificates. It was acquired by a renowned institutional investor.
Neinver continues delivering year-on-year sales and footfall increases across its outlet portfolio. In 2017, the company recorded over €917 million in sales, a 5% like-for-like increase compared to the previous year, and welcomed more than 41.7 million visitors across its portfolio of 15 outlet centres in Spain, Poland, France, Germany and Italy.
GTC S.A. has signed a binding term sheet for the financing of construction of Ada Mall, its first retail investment in Belgrade. The agreement concluded with Banca Intesa Beograd, VUB, and PBZ (all banks of the Intesa Sanpaolo group) amounts to €64 million.
The Supervisory Board of Wereldhave NV announces that Dirk Anbeek, CEO of the Company, will leave Wereldhave after ten years per April 1, 2019, having accepted a position elsewhere, outside the real estate sector.
Unibail-Rodamco-Westfield Germany looks back on a successful business year; the strategic focus for 2019 further on lies on optimizing the existing portfolio.
Kintyre, the Frankfurt based investor and real estate manager, has announced the appointment of Guido Beddig (50), a well-known and experienced asset and property manager, to its senior management team.
BNP Paribas Real Estate has strengthened its European presence by signing an alliance contract, regarding Advisory services (Transaction, Consulting, Valuation) and Property Management, with the Austrian real estate company EHL IMMOBILIEN GmbH, headquartered in Vienna. Founded in 1991 and managed by Michael Ehlmaier, EHL IMMOBILIEN GmbH employs 193 people, based mainly in Vienna.