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The Advantail Group continues its partnership with adidas and is delighted to announce the opening of two new stores on August 27 at Usines Center (Val-d’Oise) and on September 17 at Honfleur Normandy Outlet (Calvados).
The Allee-Center Remscheid will be extensively modernized and repositioned for the future, as the center operator ECE Marketplaces has now announced. For this purpose, the asset manager DWS intends to invest more than 25 million euros in the redesign and upgrading of the shopping center in the town center of Remscheid on behalf of one of its real estate funds over the next two years. Center operator ECE Marketplaces is responsible for the planning and implementation of the modernization.
“As travel restrictions are eased over the coming months we will see the full return of tourist travel, which is good news for luxury retail destinations across the UK and Europe.”
Recently, Dyadea, the first specialized medical center inside a Gruppo IGD shopping center, opened at Centrol Borgo in Bologna.
M7 Real Estate, the pan-European investor and asset manager specialising in multi-tenanted properties, announces that it has completed the letting of a significant 1,025 sq m retail unit at the newly refurbished Csillag Center in Budapest, Hungary, to Polish fashion brand, Sinsay, on behalf of M7 CEREF I.
A new shopping center Nikolsky opened in the heart of the Ukrainian city Kharkiv – with 106,000 sq m of GBA, 53,000 sq m of GLA, and 700 parking spaces. There are about 150 shops, the largest Multiplex in the city, a bowling-club, the Smile Park (an entertainment center for children), the sports club Sport Life and many more.
A joint venture partnership between Angelo Gordon, a global investment manager, and Kintyre the Frankfurt-based independent real estate investor and asset manager, have acquired Park Center Treptow in Berlin.
“Away I Go” – Travel Agencies at SES Shopping Centers are Busy Once Again.
“In the most extreme examples, the projects include conversions of mall properties to become partial warehouses for e-commerce fulfilment.”
Property held in a special real estate fund.
IPH Centermanagement continues its expansion course and can already announce the third new mandate in 2021 with the Libori Galerie in Paderborn. From 01.07.2021 Germany's largest independent shopping center service provider will be responsible for center management, and from 01.01.2022 also for leasing management for the property.
The supply of grocery stores at Iso Omena will continue to be strong in the coming years, as Kesko and HOK-Elanto have entered into long-term extension agreements with Iso Omena. Iso Omena’s comprehensive grocery offering was also reflected in last year’s result, as Iso Omena became the largest shopping centre in Espoo and the second largest in the whole country in terms of sales.
The opening of new stores across SES shopping centers has continued unabated: The Danish Bestseller Group is set to open a total of four new “Jack & Jones” (young men’s fashion & denim) and “Only” (young women’s fashion & denim) stores at the SES-managed Weberzeile Ried, MAX.Center Wels, and Gerngross Vienna shopping centers by fall.
New addition to ECE’s center management portfolio: Starting in July 2021, ECE will be taking over the long-term management and leasing of the “Romaest” shopping center in Italy. ECE will be responsible for the entire asset and property management for the center.
Kunsthistorisches Museum Vienna at EUROPARK.
The 25-million project “Linzerie” was recently opened in Linz’s city center after two years of reconstruction, commissioned by Sparkasse OÖ and in cooperation with Plötzl Plötzl Arch+Ing, Nopp Innenarchitektur GmbH, and the Berlin-based dan pearlman Group and their creative agency “spring”.
As if retailers in German city centers have not had enough to contend with in recent years–primarily driven by growing competition from online retailers–now they are also confronted with even bigger economic problems due to the Corona pandemic and the associated restrictions and closures. A continuous analysis of visitor development by GfK shows what has actually happened since the start of the pandemic, who the losers and even bigger losers of the pandemic are, and what the future holds.
Kaari Shopping Center is, with its ~50,000 sqm, the sixth largest shopping center in Helsinki Metropolitan Area. With a combined area of ~5,000 sqm, the new tenants are retail company Tokmanni and JYSK as well as Gigantti (Elgiganten), the leading Nordic chain offering home electronics and appliances. The center also hosts Prisma Kaari, the largest hypermarket and grocery store in Finland, currently doing a concept renewal to further improve its offering and customer experience.
At the end of May, the global technology provider Huawei opened its first store in a German shopping center at Centro in Oberhausen. Nationwide it is Huawei‘s second store with direct sales besides the one in Berlin.
ALEJA Ljubljana named a Finalist for International Shopping Center Award.