Advertisement

Search Results for: projects – Page 40

The paradigm shift in the retail and retail real estate industry were the key issues at this year’s ICSC European Conference in Barcelona. The industry’s big players adapt their business models to bind current and future customers even closer to stationary retail. Ingka Centres, formerly IKEA Centres, emphasizes new “meeting place” concepts in the hearts of cities as well as increased manpower.

It will be the largest and most modern store of eobuwie.pl in Poland. The most cutting-edge footwear retail chain in the country has decided to extend the space leased four times in Galeria Młociny from 580 sq m up to 2,300 sq m. All this to create the first two-level store, where we can find almost 200,000 pairs of shoes – as much as 70 traditional stores – and also offer an online order delivery service on the same day.

Hamburg’s HafenCity is one of the world’s most important urban development projects. Southern Überseequartier will form its vibrant core from 2022 on: a mixed-use district with creative and pioneering concepts for working, living, enjoyment, and shopping.

Champion, the authentic athletic apparel retailer, is to open its first UK outlet store and has chosen London Designer Outlet (LDO) in Wembley Park as the best place to be. London’s leading fashion and lifestyle outlet centre continues to attract new and diverse brands to its tenant mix, having also signed cosmetic retailer, Beauty Outlet.

Trei Real Estate GmbH (Trei), a developer with over 10 years’ experience on the Polish commercial real estate market, is rapidly developing a network of convenience retail parks. The company, part of the German Tengelmann Group, has now opened its 11th Polish retail park, operating under the Vendo Park brand, in Bytów. This is the developer’s first investment in the Pomerania region. The total cost of investment was approximately EUR 4 million.

Mitiska REIM has recently announced a strategic partnership with Karuzela Holding. Under the terms of the agreement, the two companies will form a joint venture in Poland, and Mitiska REIM’s FRI 2 fund will acquire a 50% holding in two retail parks and two gallerias owned by Karuzela, comprising a total GLA of 35,600 sq m, and both parties will co-develop four additional projects, comprising a total GLA of approximately 60,000 sq m.

A connected, future-ready, liveable urban core – that’s the vision for the city of Wolfsburg’s Nordkopf district. The development project is now picking up speed. The plans for the inner city areas to the south and the west of the Wolfsburg train station will be designed by the SIGNA Group, which has been signed as an investor and a project developer for the entire area. The Austrian SIGNA Group and Wolfsburg AG are concluding a project development agreement for this purpose. The next step for the project partners will be to develop an overall concept to be put to the Wolfsburg City Council and all other involved parties for approval.

According to Frank van Dongen and Willem-Joost de Vries of Dutch design company TconcepT, such a transformation is necessary. An essential factor in understanding this kind of placemaking is the human scale.

Eperia has expanded by 11,000 sq m, offering even more fashion brands and entertainment options in the city of Prešov, which is located in the eastern part of Slovakia.

The parameters for successful shopping center marketing are changing, reports Guido Beddig, Managing Partner at Kintyre Investments, in an interview with ACROSS. The marketing team must be familiar with the new media.

The TriGranit Board has appointed Tom Lisiecki as the new Chief Executive Officer of TriGranit. Mr Lisiecki arrives from CityCon, having been based in Stockholm where he served as Chief Development Officer. Prior to it, he spent 13 years with TriGranit, working in the last years as Chief Investment Officer and Country Director – Poland, having been involved in all TriGranit’s projects.

IMMOFINANZ recorded strong growth in the number of visitors to its retail properties in 2018: More than 142 million customers visited the STOP SHOP retail parks and VIVO! shopping centers with over 800,000 sqm of rentable space. That represents an increase of roughly 20 million visitors, or 16.7%, over the previous year. On a like-for-like basis, i.e. after an adjustment for acquisitions, sales and completions, the number of visitors rose by 4.8% to approximately 128 million. The retailers operating in the IMMOFINANZ retail parks and shopping centers generated a year-on-year increase of nearly 5.0% in their gross sales revenues.

Last year, City Aréna in Trnava, Slovakia, became the property of real estate developer Peter Korbačka. He and Sonae Sierra have recently signed a joint venture agreement to acquire three shopping centers in Spain for a total of EUR 485 million.

Unibail-Rodamco-Westfield has opened its first urban farm on top of So Ouest in France. The products are sold directly to customers, inside a dedicated pop-up store within the shopping center.

IMMOFINANZ’s portfolio concentration on office and retail properties and the clear brand policy are producing sustainable success: The occupancy rate in the standing investment portfolio continued to improve in 2018 and, at 95.8%*, reached a new record level in the company’s history. That represents an increase of 1.6 percentage points year-on-year or 6.2 percentage points over the past two years.