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Northern Irish Retail Market ends 2021 on a high

Lotus Property owned outlets, The Boulevard and The Junction in Northern Ireland both saw an increase in sales compared to 2019, with The Boulevard recording its highest month of sales on record in December 2021.

Multi Poland: Digital Integration positively impacts Retail Asset Value

One of the most important lessons the retail real estate industry can learn from the pandemic is to recognize the importance of omnichannel and big data. Investing in digital solutions can provide a competitive advantage and better results for both landlords and tenants.

Sustainability

Sustainability | Stay well informed on the issues of today and tomorrow!

2021 welcomed 38 new brands to the Czech market

The Czech retail market and physical retail segment remain attractive for retail brands, as the arrival of 38 new international brands last year confirms: this is the highest number in the last three years.

Slovenia’s First Outlet Shopping Village Coming In 2023

The project is developed by HG Invest in cooperation with FOC Retail Service GmbH and Outlet Evolution Services. On an area of more than 20,000 sq m, 70 shops and several hundred new jobs will be created in two phases. Its first phase will be opened in 2023, phase two is scheduled for 2026.

Making the world a little better@Schön&Gut Vienna

I recently discovered the social concept store “SCHÖN&GUT” at Preßgasse 28 in Vienna-Wieden. As I drove by, the displays communicating with the viewer aroused my curiosity. Inside, I was not disappointed–unique products made sustainably and with social responsibility are lovingly presented. Customers are greeted warmly, you already feel welcome when entering!

Where do our online sales go?

A recent study by RegioData Research, which analyzed online stores, shows how Austrians shop on the Internet. The results are sobering: only 27% of sales remain in Austria.

MK Illumination celebrates delightful success

MK Illumination records strong growth for 2021 not only in its home markets, but worldwide. The Tyrolean company is writing the most successful year in its history with sales of €140 million in 2021.

TwentyTwo buys Chasse Sud retail park in France

Eurocommercial Properties NV (Eurocommercial) has sold Chasse Sud, its hypermarket anchored retail park at Chasse-sur-Rhône in France to TwentyTwo Real Estate, a European real estate investment and management firm.

Together we are strong@Flying Solo NYC

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

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.

Food retailing in historic upheaval in Germany

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.

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

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.