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ACROSS

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Distrikt Nørrebro to open Flagship store in FORUM Rotterdam

The Sting Companies has signed a lease contract for its retail formula Distrikt Nørrebro with a.s.r. real estate and Multi Netherlands. The lease is for Lijnbaan 130, which is part of FORUM Rotterdam, and was closed by a.s.r. real estate on behalf of its ASR Property Fund NV.

Projects & Openings Europe

Multi Corporation and Linstow Center Management – new enlarged Alfa in Riga opened its doors. +++ Intu has been awarded a General “PGOU” License (Plan General de Ordenación Urbana) for its ground-up development intu Costa del Sol. +++ Flair shopping center in Fürth, Germany – Chapman Taylor was appointed to develop a new concept for the refurbishment and extension of the old “City Center” shopping center.

Forum Rotterdam almost fully let

Following the leases with fashion labels Costes and Seven Sisters for Forum Rotterdam, this inner city project has entered an important phase; it now has just one vacant retail unit left. A third fashion flagship store will soon be announced. The project marked another important moment with the sale of the listed section of Forum Rotterdam to Deka Immobilien.

Highlighting the new

Innovative projects are introduced at Mapic in Cannes every year. This is no different in 2019. Here are a selected few of them.

A Look at Zagreb and Central Northern Croatia

Zagreb’s city center shopping malls need to be transformed into the pseudo living rooms of the Croatian capital. Conversely, shopping centers located on the outskirts of Zagreb have to be developed into supraregional shopping and entertainment destinations.

News from Portugal and Sweden

VIA Outlets has begun redesign work at the Vila do Conde Porto Fashion Outlet and has expanded Hede Fashion Outlet, near Gothenburg.

Projects & Openings International

Lead8 has recently unveiled its design for the Shanghai ITC mixed-use destination being developed by Sun Hung Kai Properties +++ Nakheel is investing AED 114 million in roads and bridges that will provide direct access to Al Khail Avenue in Dubai +++ Mitsui Fudosan has announced that work on Mitsui Shopping Park Nangang is progressing steadily +++ A new retail and entertainment scheme in the Egyptian capital of Cairo, which will be supported by the EBRD, will be environmentally friendly and create jobs for young people

Projects & Openings Europe

Unibail-Rodamco-Westfield’s (URW) Westfield Mall of the Netherlands will be located in the Randstad area, the economic heart of the country, which includes four of the nation’s largest cities: Amsterdam, Utrecht, The Hague, and Rotterdam +++ Ingka Centres has recently unveiled a major new park at its Mega Ekaterinburg mall in central Russia +++ Broxbourne Borough Council and Hertfordshire County Council have selected Sovereign Centros as their development partner for a £400 million mixed-use scheme at Brookfield Riverside in Cheshunt, Hertfordshire.

Where Are Retail Parks Heading?

At the beginning of October, Union Investment and ACROSS invited leading industry experts to Hamburg to discuss the present as well as the future of retail parks. The following is a brief review.

Sian Bowen joins RivingtonHark

Sian Bowen has joined RivingtonHark, city and town centre real estate transformation specialist, as Senior Asset Manager.

CEO PERSPECTIVES 2025 – When the Tenant Thrives, the Asset Flies
What will it take in 2025 for an asset to take off? For this special, we asked leading figures in the European retail real estate sector what they see as the most significant current challenges, as well as the solutions needed, for retail assets not just to survive but to prosper.
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