Search Results for: center – Page 23

From consumer goods to the shopping center industry, the term “Big Data” has reached the shopping center world. It is the new buzzword in the business. But what is it and is it really so important? I think it is.

The UK currently has 23 sq ft of retail space per capita. Although this is half the rate found in the US, it is significantly more than in other developed countries like Canada (13 sq ft) and Australia (6.5 sq ft).

Strong interest from retailers and customers’ positive views of outlets mean a bright future for Russia’s outlet centers. There is potential to launch 25 to 30 new projects in the next 10 to 15 years.

Blackstone Real Estate Partners Europe IV announced that it acquired an additional three assets in Portugal and Spain, which will be managed by its European retail platform, Multi Corporation.

Wuppertal, a city of around 350,000 inhabitants, is getting an outlet center. It will be the largest in Germany. The investment amounts to €120 million.

ING Bank Slaski S.A. and ING Bank N.V. have jointly signed a €193 million term loan facility to refinance senior debt related to the Bonarka City Center shopping mall.

The German firm TLG Immobilien AG has acquired a retail park situated in Berlin-Adlershof (Treptow-Köpenick). The purchase price was €30.825 million. The seller was a property company supervised by Waypoint Real Estate GmbH (WPRE).

Neinver has obtained ISO 50001 certification from TÜV Rheinland for all its shopping and outlet centers. The company is the first European business in the retail real estate sector to have an energy management system that complies with the internationally recognized standards of the International Organization for Standardization (ISO).

Founded in 1981 in Los Angeles, Guess is an American clothing brand and retailer that also markets accessories such as watches, jewelry, and perfumes. It will take a 161-sq-m unit in the Fashion House Outlet Center in Bucharest.

According to Barbara Topolska, COO of Neinver, the company does not just build open-air centers. Instead, it develops “villages” that draw upon the tradition, history, and architecture of the place in which they are built.