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Eurofund Acquires 50% Stake in Mall of Berlin in €700 Million Deal according to media reports

June 12, 2025

The European retail investor Eurofund reportedly secured a 50% stake in the Mall of Berlin, one of the German capital’s prime retail and mixed-use properties. The transaction, based on a €700 million valuation, signals Eurofund’s growing commitment to the German market.

Zara owner Inditex Reports Tepid Q1 Results Amid Currency and Consumption Headwinds

June 11, 2025

Inditex, the global fashion giant behind Zara, released its first-quarter results today, signalling a challenging start to the financial year. The Spanish retail powerhouse reported revenue of €8.27 billion, marking a modest 1.5% increase from the same period last year, underperforming analyst expectations.

Inditex Reports Record-Breaking Sales For 2024

March 17, 2025

Inditex reports a sales growth of 7.5% for 2024, reaching 38.6 billion euros, which shows a very satisfactory development both in stores and online.

Prada Group Reports 17% Net Revenue Growth In 2024

March 5, 2025

The Prada Group reports another year of remarkable results and solid progress, as high brand desirability and disciplined execution drove a positive trajectory on both revenue and margins. The Group’s net revenues grew by 17% to 5.4 billion euros at constant exchange rates compared to 2023, a well above-market performance marking four consecutive years of double-digit, like-for-like growth.

Kering Reports 12% Decline in 2024 Sales Revenue

February 11, 2025

Kering’s 2024 revenue amounted to 17.2 billion euros, experiencing a considerable decline of 12%, shared the company in its latest report.

NEPI Rockcastle Reports Strong Growth In NOI And Tenant Sales In Q3 2024

November 22, 2024

NEPI Rockcastle has delivered a robust performance in Q3 2024, achieving a 12.3% growth in net operating income (“NOI”) to €411 million in the first nine months (“9M”) of 2024 versus the same period of 2023. On a like-for-like (“LFL”) basis, NOI increased by 8.4%. The continuing momentum in the Company’s growth was driven by higher rents and short-term income as well as the disciplined management of operating costs.

Strong results: Unibail-Rodamco-Westfield Reports FY-2023 Earnings

July 26, 2024

URW reports strong performance supported by increased tenant sales and footfall, dynamic leasing activity for retail and offices, and record C&E results.

NEINVER reports 8% sales growth across its portfolio during H1 2024

July 18, 2024

The outlet centers and retail and leisure parks managed by NEINVER in Europe continued to register growth during H1 2024, with sales 8% higher, beating 2023’s record H1 figures and further cementing the upward trend seen in recent years.

Mango Reports Strongest First Half Financial Results In Its History

July 16, 2024

Mango continues its upward trend of recent years with record-breaking first half financial results. The company closed the first six months of the year with the highest revenue in its 40-year history, in excess of 1.543 billion euros, which represents a 6.3% increase over the same period last year.

Designer Outlet Luxembourg reports double-digit growth

July 18, 2023

Designer Outlet Luxembourg shows strong performance in both sales and visitor numbers, while enriching the shopping experience, since the takeover by ROS Retail Outlet Shopping.

NEINVER reports 15% sales growth across its portfolio in the first half of 2023

July 13, 2023

NEINVER has announced double-digit growth across its entire portfolio during the first half of the year, with total brand sales reaching 690 million euros, up 15% compared to the same period in 2022.

GLOUCESTER QUAYS, ENGLAND REPORTS RECORD SALES IN 2022

January 20, 2023

Peel L&P has announced that Gloucester Quays, the premier South West outlet, and dining destination, enjoyed a record-breaking sales period in 2022, surpassing both 2021 and 2019 by 6% and 9% respectively.

Commerz Real reports strong leasing activities in 2020

February 8, 2021

A strong year for leasing activities in 2020 and a successful start to the year with new business in 2021 have been reported by Commerz Real, the asset manager for real asset investments in the Commerzbank Group.

VIA Outlets reports encouraging brand sales and footfall figures as European portfolio reopens post Covid-19

June 15, 2020

VIA Outlets – Europe’s fastest growing owner-operator of premium fashion outlet destinations – has, as of today, with Freeport Lisboa Fashion Outlet being the last one in line, reopened all closed and semi-closed centres in its eleven-strong portfolio. While the company was advised to temporarily close the majority of its outlets by local authorities in March and April in the wake of Covid-19, three were able to remain open throughout.

Unibail-Rodamco-Westfield reports strong progress on re-opening of its shopping centres

June 3, 2020

Unibail-Rodamco-Westfield (URW) announced that 65 of its 90 shopping centres have re-opened after the easing of restrictions imposed because of the COVID-19 crisis. This follows announcements by authorities in Los Angeles and France on May 26 and 29, respectively.

Lifestyle Outlets reports another year of growth

February 7, 2020

Lifestyle Outlets, part of Peel L&P, has reported another year of strong results, with growing footfall and sales figures bucking the national retail trend across its two operational centres in Manchester and Gloucester, despite market uncertainty surrounding Brexit and a late General Election.

centre:mk reports footfall growth bucking the national trend

January 8, 2020

centre:mk, one of the top 10 shopping centres in the UK (released by GlobalData), is bucking the nationwide trend of declining footfall, and has reported that the centre’s footfall is up +2.5% YOY.

Wereldhave statement on media reports about Hudson’s Bay

September 3, 2019

Wereldhave has taken notice of recent media attention about the possible intention of Hudson’s Bay Company (HBC) to close its operations in the Netherlands by the end of 2019.

NEINVER reports 8% sales growth across its outlet portfolio in H1 2019

July 16, 2019

Neinver – a leading investor, developer and operator in the European outlet centre industry and the largest operator in Spain and Poland – has announced that sales across its outlet portfolio grew to €487M during the first half of the year, an 8% increase compared to the same period in 2018. The number of visitors to the 16-outlet-centre portfolio also rose by 3% to 21 million.

NEINVER reports outlet sales growth to over €970 million

February 26, 2019

The portfolio of 15 outlet centres in Europe welcomed 42.3 million visitors in 2018.

Neinver reports growth to €917 million

March 8, 2018

Visitors to the centers in Spain, France, Germany, Italy and Poland totaled 41.7 million in 2017.

ALDI UK TO OPEN TEN NEW STORES THIS SUMMER

May 30, 2025

Aldi is set to open ten new stores in the UK over the next 14 weeks, while a further 30 stores will undergo a refresh.

M&S Faces Heavy Financial Impact Following The Recent Cyberattack Despite Strong Results In The Past Financial Year

May 21, 2025

Amid a multimillion-pound class lawsuit launched by Scottish customers against Marks & Spencer following the theft of personal data due to the recent cyberattack, the company can also expect a cyber incident impact of around 300 million pounds on its 2025/26 operating profit, looming over its highly positive results in the 2024/25 period.

ACQUISITIONS AND OPERATIONAL IMPROVEMENTS FUEL OUTSTANDING RESULTS FOR NEPI ROCKCASTLE IN Q1

May 19, 2025

NEPI Rockcastle achieved a robust 12.6% increase in net operating income to 152 million euros in the first quarter (Q1) 2025 versus Q1 2024, driven mainly by the two large acquisitions in Poland in the second half of 2024 as well as several active asset management initiatives on existing portfolio.

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