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OUTLOOK 2023: “NON-RETAIL COMMUNITY SPACES NEED TO BE DEVELOPED.”

February 8, 2023

“A strategic approach such as expanding in non-retail vital services increases exposure to the local community and leads to new leases or lease extensions,” states Neil Churchill, Center Director of Festival Place, Basingstoke.

Trei Sells Portfolio of 49 Retail Properties in Portugal to LCN

February 1, 2023

The international developer and asset manager for residential and retail real estate Trei Real Estate GmbH (“Trei”) has sold off its entire portfolio of 49 assets in Portugal to LCN Capital Partners.

Sonae Sierra selected for the retail spaces of Chorus Life Bergamo

January 27, 2023

Sierra will take care of the leasing of the retail spaces of Chorus Life Bergamo. Chorus Life Bergamo is an integrated urban scheme focusing on the individual and their needs, in which social well-being, economic profit, sustainable architecture and smart technology are perfectly blended.

MEC’S CONSTRUCTION BUSINESS CONTINUES TO GROW

January 26, 2023

MEC, the retail real estate specialist and German market leader for the operation of retail parks, has successfully completed 48 general planning projects in 2022. MEC’s Technical Property Management (TPM) team was given 36 contracts for complex construction measures at central locations.

LCP GROUP ACQUIRES TROWBRIDGE SHOPPING CENTER

January 25, 2023

LCP Group, one of the UK’s leading commercial property and investment companies, has acquired a dominant town center shopping center in Wiltshire, England.

The Future is Now! – ACROSS Study Tour to Lisbon 2023 // May 18th to 19th

January 19, 2023

ACROSS presents: Exclusive Study Tour to Lisbon. The world metropolis has always been a center for commerce and marketplaces. Together with Rüdiger Pleus Consulting and the Portuguese Shopping Center Association APCC – Associação Portuguesa de Centros Comerciais – we will examine on May 18th and 19th 2023 how Lisbon promotes innovations and shapes the future of retail.

UNION INVESTMENT’S REAL ESTATE BUSINESS SEES STEADY GROWTH IN 2022 EVEN AFTER INTEREST RATE HIKES

January 13, 2023

Union Investment has used the capital resources of its real estate funds to continue investing in portfolio diversification and profitability in the past year. In 2022, Union Investment generated net capital inflows of 3.3 billion euros across its retail and special funds.

KGAL’S NEIGHBORHOOD QUARTER “PERLACH PLAZA” IN MUNICH, GERMANY, GETS OFF TO A FLYING START

January 13, 2023

In August 2020, KGAL Investment Management acquired “Perlach Plaza” as a forward deal from project developers CONCRETE and BHB Bauträger GmbH Bayern, for a total investment cost of around 250 million euros on behalf of three institutional investors.

REDOS GROUP ACQUIRES MARIENDORFER DAMM SHOPPING CENTER, GERMANY

January 13, 2023

The redos Group has acquired the “Mariendorfer Damm” commercial center in Berlin’s Tempelhof district. The property was acquired as part of an asset deal for Union Investment’s special Alternative Investment Fund (AIF) called “Redos Einzelhandel Deutschland III”.

EVOLVE ESTATES ADDS NEW DEVELOPMENTS TO ITS RETAIL PORTFOLIO

January 11, 2023

Evolve Estates has kicked off 2023 with the acquisition of a retail and leisure development and a town center precinct.

THE BOULEVARD IN BANBRIDGE, NORTHERN IRELAND FINISHES 2022 WITH THE STRONGEST SALES ON RECORD

January 9, 2023

After what was predicted to be a gloomy time for retail, The Boulevard in Banbridge finished out 2022 bucking national retail trends with record sales and footfall figures, signaling the strength of the outlet model.

LCP’s growth continues with acquisition of Essex retail park

January 9, 2023

The LCP Group has acquired a new retail park in Harwich, Essex – marking more than 20 retail acquisitions in 12 months.

IMMOFINANZ: Strong growth to approximately 170 locations with high-yield retail portfolio

January 9, 2023

IMMOFINANZ has expanded its high-yield and fully rented retail portfolio in the 2022 financial year. As a result of acquisitions and completions, the portfolio has grown from 111 to 169 locations in ten European countries over the course of the year, with a carrying amount of approximately EUR 2.3 billion (excluding S IMMO). Rentable space increased by nearly 30% to approximately 1.36 million sq m.

RAILPEN ANNOUNCES THE RELOCATION OF SKECHERS TO CALEDONIA PARK, SCOTLAND

December 20, 2022

Railpen, one of the largest pension managers in the UK, has announced the upsize of Skechers, the lifestyle and athletic footwear brand, at Caledonia Park, Scotland’s designer outlet village. Skechers has increased the size of its store by over 93 sq m.

NEPI ROCKCASTLE ACQUIRES FORUM GDAŃSK SHOPPING CENTER IN POLAND FOR 250 Million Euro

December 20, 2022

NEPI Rockcastle has acquired the Forum Gdańsk Shopping Center in the northern Polish port city, for 250 million Euros from Blackstone. This acquisition marks one of the largest deals of 2022.

EUROPE NEEDS A 2030 ROADMAP TO DELIVER ENERGY RENOVATIONS WITHIN THE REAL ESTATE SECTOR

December 19, 2022

Ahead of a vote in the European Parliament on the proposed revision of the EU’s Energy Performance of Buildings Directive (EPBD), ECSP calls for a 2030 European roadmap to delivering energy renovations.

TREI OPENS 32. VENDO PARK IN POLAND

December 16, 2022

Trei Real Estate GmbH just opened another retail park of its Vendo Park brand in Poland. It is located in Mielec, a small town of around 61,000 residents in the Podkarpackie or Subcarpathian voivodeship in south-eastern Poland.

ESTAMA UK EXPANDS LONDON-BASED TEAM WITH NEW HIRE

December 16, 2022

Commercial property and asset management specialist, ESTAMA UK, has appointed Jackson Molyneaux as the new Leasing Administrator for the agency, helping to support its property management team as it continues to experience an extended period of growth throughout 2022.

UNION INVESTMENT ACQUIRES HYPERMARKET IN LISBON, PORTUGAL’S LARGEST SHOPPING CENTER

December 12, 2022

Union Investment has acquired the Continente Colombo hypermarket operated by food retailer Sonae MC in the Portuguese capital, Lisbon. The hypermarket possesses an extensive foyer featuring various service, retail, and restaurant units and covers a total area of 23,445 sq m.

„Mr. Cost Transparency“

December 12, 2022

„Cost efficiency and transparency“ – according to Markus Schmut, these are the two big “drivers”, especially for the retail real estate industry in the coming year. We have spoken with Markus Schmut, the managing director of Fairmoney. Using a shopping center as an example of a case study, he shows us what is possible with efficient fixed cost management.

HBB OPENS NEW SHOPPING CENTER “WESTERTOR” AT LÜBBECKE: EARLY CHRISTMAS PRESENT FOR DOWNTOWN LÜBBECKE

December 9, 2022

HBB and the construction company List Bau have opened the doors of the new shopping center in the center of Lübbecke on Thursday morning.

CAPTIVA ACQUIRES LURUP CENTER IN HAMBURG, GERMANY FROM CBRE INVESTMENT MANAGEMENT

December 6, 2022

The investment and asset manager Captiva, together with KVG Universal Investment, have acquired the established local shopping center Lurup Center in the west of Hamburg from CBRE Investment Management.

GRANTHAM DESIGNER OUTLET VILLAGE 30% LET AHEAD OF START ON SITE EARLY 2023

December 5, 2022

Rioja Estates has announced that 30 percent of the space being brought forward by the forthcoming Grantham Designer Outlet Village is now committed with 22 percent in legals. This places the East Midlands outlet center in a position ahead of the planned start on-site in the first quarter of 2023.

MAPIC Award Winners announced

December 1, 2022

Congratulations to all MAPIC Awards winners, who were honoured for their excellence, innovation, and creativity in the retail real estate sector.

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