Advertisement

Search Results for: leisure – Page 38

A jointly owned holding company and affiliates of intu properties and Canada Pension Plan Investment Board have exchanged contracts to sell intu Puerto Venecia shopping centre to Generali Shopping Centre Fund S.C.S. SICAV-SIF and Union Investment Real Estate GMBH for €475.3 million (intu share €237.7 million).

Union Investment, owner of Hamburg’s Quarree Wandsbek, is investing roughly 40 million euros in the refurbishment of the mall. Extensive construction work is scheduled to be completed by the end of 2020, which, inevitably, will have an impact on ongoing operations. What types of marketing measures can be used to counteract the possible drop in footfall and the corresponding drop in turnover? Center Manager Frank Klüter, from Sierra Germany GmbH, and Britta Finke, from lead agency 21Media, explain the situation.

Dream Island will be Russia’s first, and Europe’s largest, indoor theme park, with the first phase scheduled to open in the first quarter of 2020. Architects Chapman Taylor developed the masterplan for this project.

Hammerson plc announced that, following the clearing of the City of Paris pre-emption right, it has completed the sale of the 75% stake in the Parisian shopping destination Italie Deux to AXA Investment Managers – Real Assets for €430m (£362m).

Cracovia Outlet is set to become the only new fashion and lifestyle center in the Polish city. Peakside Capital and the KG Group have recently reached an agreement on this matter. ROS Retail Outlet Shopping has been appointed as the management company.

After quite a difficult time in Europe, when the main objective of the managers of most shopping centers was to try to sell every square meter of commercial space to tenants, including areas within shopping arcades, things are, in my opinion, back on track – the green track.

Altarea Cogedim’s Cap3000, which is located in the vicinity of Nice, is celebrating its 50th anniversary. The center has recently been expanded by 70,000 sq m, and a high-end area featuring 30 premium and luxury shops is due to open in 2020.

“Another factor not to be underestimated in terms of quality of stay are the restrooms, whose cleanliness many visitors regard as a litmus test for the general condition of a shopping center – just like they would in a hotel room.”

Zadar Shopping Capitol, part of the Capitol Park family, welcomed its first customers with the opening of a 6,400 sqm centre in Ante Starčevića street.

At last night’s Revo Annual Dinner (4 December), intu scooped two Revo Gold awards in a celebration of the best of the best in placemaking.

Springfields Outlet has once again demonstrated its continued resilience, bucking trends when compared to full-price retail destinations, reporting positive trading and footfall stats for the Black Friday trading period.

Deka Immobilien has commissioned Apleona Real Estate Management to perform center and property management, facility management services, letting, and strategic development for the “Seidnitz Center” shopping mall in Dresden.