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Germany is known as a land of bargain hunters; hardly any customers are as price sensitive as Germans. It is therefore all the more astonishing that Germany has the fewest outlet centers in Europe. For every 1,000 inhabitants, there are 2.6 square meters of retail space – Austria has 8.3 square meters, Great Britain 8.6 square meters and Italy, the frontrunner, 9.1.

On September 21, Invesco Ltd. announced that Invesco Real Estate, the company’s global real estate investment business, has completed the acquisition of The Fort Shopping Park in partnership with George Capital, from a consortium of institutional investors including Nuveen Real Estate, CBRE Global Investors, Aberdeen Standard Investments and M&G Real Estate.

How the placemaking industry emerges stronger from the pandemic. Our 10 strategies for future-proof vibrant places.

VIA Outlets has unveiled a new corporate branding following an extensive rebranding undertaking. The new branding clarifies VIA Outlets’ brand purpose as redefining the outlet shopping experience and refocusses its mission and brand experience towards digital transformation and sustainability, which will sit alongside the company’s 3 R’s strategy of remodelling, remerchandising and remarketing.

“Research by CNCC in 2019 showed that France applied 90 different taxes on brick-and-mortal retail, while e-tailers, which represented about 10% of the total market at the time, paid virtually no taxes at all.”

In the beginning of September, 2021, GRR Group bought two retail parks in Marne/Schleswig-Holstein and Krostitz/Sachsen for the German Retail Fund No. 3 and 4, respectively. Both transactions were asset deals with full disclosure on the total purchasing sum.

Hines has won the lifestyle brand Marc O’Polo as a new tenant for the residential and commercial building at Kärntner Street 9 in Vienna. The first store in the new the Scandinavian Studio concept will occupy 200 square metres at the prime site and open its doors at the end of September. Together with the already opened flagship boutique Nespresso Atelier, the retail space at the location is now fully leased.

DL Invest Group has finalized the sale of the DL City shopping center in Zgorzelec in Lower Silesia (Poland) with a return on equity of 253 pct.

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St James Quarter +++ Los Patios de Azahara +++ Linzerie +++ Vivo! Baia Mare +++ Koszalin Power Center +++ City Centre Coventry +++ Pedestrian zone / Tegel Quartier +++ stilwerk Rotterdam