Axis Retail Partners, in partnership with Generali, have exchanged contracts to buy St Georges Shopping Centre off market at a NIY of 8.3% from RDI REIT on behalf of pension fund clients of LaSalle Global Partner Solutions.
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.
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.
Viennese company Trafin opened the 300,000 sq m shopping and entertainment center Respublika Park in Kiev, Ukraine, with prominent Austrian guests attending the opening ceremony.
Neinver is celebrating its 25th anniversary and operates 21 centers –17 are outlet centers–with 1,600 stores located in Spain, France, Germany, Poland, Italy and the Netherlands. Their new Leasing & Retail Director, Joan Rouras, talks with ACROSS about the perks of the outlet center concept, possible future challenges, and his new role to maximize the performance of their 800 brand partners.
MAPIC 2021 is focusing on the safety of its visitors with a COVID-19 protocol in place as primary safety priority, ensuring a commercial meeting point with world-class safety standards.
The new meeting place has been created within the existing IKEA store following a €130m (RMB 1bn) redevelopment to create almost 18,500 sq m GLA of sustainable mixed-use space across five levels.
The MAPIC will take place from November 30–December 2 in the Palais des Festivals in Cannes. Nathalie Depetro, MAPIC shows Director, tells us about the new and exciting changes to this year’s edition.
German-owned discount supermarket Aldi will open a new branch at the retail park later this year with discount store Home Bargains set to arrive in early 2022.
La Torre Outlet Zaragoza celebrated one year open to the public and to commemorate the special date, numerous activities and musical shows were announced that will take place until November 6.
The international retail property market event will gather 3,000+ retail, property, food & leisure leaders from over 40 countries at the on-site event in the Palais des Festivals from November 30 to December 2, 2021.
Sonae Sierra’s new strategy focuses on the real estate investment management business and on the development of differentiating sustainable urban projects for integrated uses (residential, offices, commercial and leisure).
St James Quarter, the £1bn retail-led lifestyle district in Edinburgh, which launched its first phase in the summer, has added British fashion brand REISS to its line-up.
A number of shopping centers have opened their doors in Belgrade over the past few years. In June 2020, BEO, for which MPC Properties is responsible, opened its doors. Development, Technical Operations, and Innovations Director Jovana Cvetković looks back on a time of particular turbulence – not solely due to reasons relating to the pandemic.
The grand opening of one of the largest retail properties in Russia–Grozny Mall Shopping and Leisure Center (GLA=54,670 sq m), lying in the heart of the Chechen Republic’s capital city on V. Putin Avenue–has taken place.
The newest of the five Slovenian centers owned by developer and operator SES Spar European Shopping Centers received the “Global RLI Award” in the “International Shopping Center–New Build” category in London on 23 September 2021.
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