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Together we are strong@Flying Solo NYC

December 13, 2021

In the city that is returning to vibrant life and where anything is possible, you’ll also find one of my absolute favorite stores, right on West Broadway, in the middle of SoHo: Flying Solo. Elizabeth Solomeina, a Russian-born jewelry designer and sculptor, teamed up with about 30 other creatives in 2016 to start this marketplace for unique fashion pieces.

Scallier’s retail park in Turda cleared for construction

December 10, 2021

Scallier has obtained the building permit to construct another retail park in Romania. Situated in Turda, the development will provide around 9,000 sqm of space to let. Populated by some 50,000 people, Turda is a town in the northern part of the country.

London Designer Outlet appoints Daniel Tomkinson as New General Manager

December 9, 2021

London Designer Outlet (LDO) in Wembley Park has welcomed the appointment of Daniel Tomkinson, the former Chief Executive of the Covent Garden Market Authority (CGMA), as its new General Manager.

Food retailing in historic upheaval in Germany

December 9, 2021

Over the past ten years, the food retail sector has recorded sales growth of well over 35 percent, and last year’s figures for 2020 confirm the steady growth with annual sales of around €190 billion.

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December 9, 2021

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Focus Estate Fund has closed the deal on the sale of its Czech portfolio

December 9, 2021

Focus Estate Fund has finalized the deal on the sale of two of its retail properties in Czech Republic to DRFG investment group: Centro Ostrava Retail Park (GLA 7, 699 sq m) in Ostrava and Most Retail Park (GLA 6, 471 sq m) in Most. The Fund acquired these assets in 2016 and 2017, respectively.

Coniq develops new loyalty programs for Reem Mall in Abu Dhabi

December 7, 2021

Coniq announced their partnership with Reem Mall (Abu Dhabi) to develop innovative engagement and loyalty programs for unique customer journeys backed by the latest data science, especially for the GCC market.

Debenhams.com opens first UK store in Manchester Arndale

December 7, 2021

Manchester Arndale announced that fashion retailer Boohoo has opened its first Debenhams.com beauty store at the center.

400th Primark store opens in Italy

December 6, 2021

Primark opened its 400th international store in Sicily (Italy) today, which now totals eight fashion outlets in their Italian portfolio.

Quarree Wandsbek upgrades exterior facade with 3D LED video walls

December 6, 2021

The final step in the comprehensive refurbishment of Hamburg’s Quarree shopping center has been completed: On the façade facing Wandsbeker Marktstraße, two eye-catching LED screens have been installed.

CBRE sells BIG Shopping Park in Copenhagen to M&G

December 3, 2021

CBRE Investment Management, on behalf of the European Co-Investment Fund (ECF), has sold BIG Shopping Park in Copenhagen, owned in a joint venture with Portus Retail Partners to M&G Real Estate–part of M&G plc’s £65 billion private assets and alternatives business. The sale represents one of the largest European single-asset retail transactions.

Time Retail Partners appoints James Hessey to the Investment Team

December 2, 2021

TRP has announced the appointment of James Hessey to its growing investment team, joining Investment Director, Antony Nickalls, and CEO, Rob Wingrave.

Plans revealed for Malmö Designer Village

December 1, 2021

The 27, 000 sq m project is being delivered by Rioja Estates in partnership with Osborne+Co, its first phase is expected to open in Summer 2025 with Phase Two following soon after in Autumn 2027.

Bradford AM buys retail park in France for €35.5 million from Commerz Real

December 1, 2021

Commerz Real has sold the Orange les Vignes retail park in southern France to Bradford Asset Management for €35.5 million for its RPCI fund. It had been in the portfolio of the Hausinvest open-ended real estate fund since its completion in 2010.

DI Group scores ten leases for Forum Köpenick in Berlin

November 30, 2021

Deutsche ImmobilienGruppe (DI Group) concluded ten new and follow-up leases for 7,200 sq m in its Berlin shopping center Forum Köpenick.

McArthurGlen’s projects on track of post-covid recovery

November 30, 2021

McArthurGlen Group announced today that footfall has stabilized across its portfolio, with almost 45 million guests visiting their centers globally in the six months from May to November in 2021.

UK-based Evolve acquires retail parade in Coulby Newham

November 29, 2021

Evolve Estates Ltd has added a new retail parade to its portfolio through acquiring Parkway Shopping Center in Middlesbrough.

MAN MUST EAT! – The (increasing) importance of food anchors for the placemaking industry

November 29, 2021

The global clash of digitalization and the pandemic is shaping the economic development of the 20s of this century. It has also led to profound structural changes of historic proportions. The consequences for retail and its accompanying services are equally dynamic and controversial. Food purchases at brick-and-mortar stores increased by 10 percent or more across Europe in 2020 as a result of the pandemic. At the same time, purchases of consumer durables, such as clothing, home electronics, home accessories, toys, sports, and leisure items increasingly shifted from offline to online retail.

Developer & Operator Statements

November 29, 2021

European experts comment on the synergy between shopping centers and food anchors, their developments and benefits.

The best of both worlds: the walk-in online shop

November 25, 2021

The ACROSS editorial team has discovered a very innovative store concept in Germany: The Event PopUp Store was developed as a high-tech retail theater concept by the agency von7 and designers from K.U.L.T.OBJEKT. The idea is to make stationary stores more individual and emotional and connect them with the online world.

Garbe, Terragon, and URW join to develop residential project in Westfield Hamburg-Überseequartier

November 25, 2021

In a joint venture, Garbe Immobilien-Projekte and Terragon have acquired a residential building in Westfield Hamburg-Überseequartier. Together with Unibail-Rodamco-Westfield, they are now working on the urban development within the mixed-use quarter.

Shopcore partners with Mallcomm to create digital tenant engagement model across US portfolio

November 24, 2021

ShopCore Properties has selected Mallcomm to deliver a customized digital tenant-engagement platform across its portfolio of retail properties.

Garbe acquires two retail parks in Germany for €21.1 million

November 24, 2021

Garbe Institutional Capital has acquired two further properties in Dahme/Mark and the Bavarian market town Beratzhausen (Germany) for its “ENGA retail real estate fund nr. 1”.

Christmas shopping almost triples UK retail footfall

November 23, 2021

According to Springboard, footfall in UK retail destinations rose by +4.1% last week from the week before, a considerable improvement from the rise of +1.5% in the previous week.

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