Search Results for: across leisure – Page 19

It is a solemn fact that in order to understand the current situation of any commercial real estate market around the globe, including Turkey, analysis of the current impact of the Covid-19 pandemic on the main dynamics of the industry is required.

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Venture X, led by Tom Foster and Andrew Ross in the UK and Ireland, has secured its second location at 1 Ariel Way, Westfield London for 19,077 square foot, with an agreement for a long-term lease commitment. The company, which originally started in Naples, Florida, is part of the United Franchise Group.

The Covid-19 pandemic brought massive changes to the entire retail real estate and placemaking industry. A lot of negative developments, but also a number of opportunities and possibilities for the future. We asked the following industry experts to share their opinion on the matter.

Westfield Mall of the Netherlands +++ McArthurGlen Designer Outlet West Midlands +++ Delta Planet Niš +++ La Couvinoise +++ Breogán Park +++ The Pyramid

“Many operators can still look to outlet as a strong, robust proposition for trialing their products, clearing old stock, accessing high levels of footfall and testing multi-channel retailing in attractive locations.”

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The primary focus remains on preventing further vacancies, reports Christine Hager, Managing Director of the redos Group. For the most part, the goal is being met by means of interim leases, for example, for pop-up stores, service concepts, and coronavirus quick-test centers.

Realm has grown its leasing team with the appointment of Caroline Helyer as leasing manager. Caroline will be working across several of Realm’s schemes – including Dalton Park, Milsom Place and Bedford Riverside – where she will be leading initiatives to secure new retail lettings and lease renewals, as well as enhance the customer shopping experience and F&B offering across the portfolio.

Amazon Fresh has opened one of its first UK stores in London’s newest creative neighbourhood, Wembley Park. The 2,500 sq ft Amazon Fresh Wembley Park store is powered by Just Walk Out technology and offers a wide range of fresh produce and other products to appeal to customers.

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