Search Results for: retail leisure – Page 29

The tenant mix in Galeria Awangarda (Bartoszyce, Poland) is reinforced by well-known international brands. For instance, Rossmann (Europe’s largest retail chain of make-up, household goods, foodstuffs) and Pepco (a chain of discounted clothing and household goods) have signed lease agreements for five years and will occupy areas of 440 sq m and 540 sq m, respectively. The opening of Rossmann store is scheduled for February 2021. Pepco’s – during the second half of the next year.

Victoria Square Woking Limited (VSWL) is celebrating the completion of the first phase of Victoria Place, the £570m transformation of part of Woking town centre, with the opening of a flagship Boots that forms a cornerstone of the development.

European urban real estate investment manager Redevco finished the large-scale renovation of Parque Corredor in Madrid. The construction works, which started a year ago, have been completed ahead of schedule despite the extensive measures issued by the Spanish government in response to COVID-19. More than 300 workers continued building works in shifts during the so-called lockdown period, after assuring the implementation of a very strict Health & Safety protocol.

Icon Outlet at The O2 has announced international designer brand, Lacoste, is the latest retailer to sign for its newest outlet store at the destination. As one of the leading shopping destinations in London, Lacoste is set to join Icon Outlet’s robust retail offering of over 60 brands including, Hugo Boss, Tommy Hilfiger, Levi’s, GAP, Nike and adidas.

The great majority of shopping centres should reopen on Thursday 3 December. The footfall and revenue figures show that customers have not given up on visiting shopping centres in the long-term perspective or changed their shopping habits dramatically. Following the reopening after the first wave of the corona crisis, both performance indicators grew again, and revenue even exceeded last year’s figures in a year-on-year comparison. The impact on footfall and turnover was lower in the second wave, with footfall slightly growing in recent weeks. Considering that Christmas is coming, we can expect customers to return to shopping centres quickly as soon as they are allowed to, resulting in an exceptional increase in footfall and revenue.

Rolf Wernicke recently became the new Center Manager of Unibail-Rodamco-Westfield’s 4-star shopping center in Munich.

Work has begun on site on a major 180-acre mixed-use development set in a prime location in Gloucestershire. Led by renowned Cheltenham-based property developer Robert Hitchins, the development will feature a designer outlet and lifestyle retail destination, a flagship garden centre, much-needed homes and a range of local amenities.

The capital’s leading fashion and lifestyle outlet centre is set to re-open after the current lockdown with the addition of another brand, having signed iconic London-based accessories retailer Radley. London Designer Outlet will reinforce its reputation for quality and choice at outlet prices as it signs quality handbag retailer Radley, which designs and crafts stylish handbags and accessories, to open a 1,440 sq ft store in the centre in Wembley Park.

Unibail-Rodamco-Westfield (URW) Germany is further differentiating the tenant mix at Ruhr Park in Bochum and welcomes a new food and delicacies concept with the Hamburg spice manufacturer Ankerkraut.

A women-lead opening panel featuring 3 international retail real estate leaders: Joanna Fisher (ECE), Cristina Santos (Sonae Sierra) and Anne-Sophie Sancerre (URW).

The modernization of the local supply center in Berlin Charlottenburg-Wilmersdorf has been completed. After a good two years of revitalization and reconstruction work, WILMA shines in new splendor. Commissioned by owner Ivanhoé Cambridge, Unibail-Rodamco-Westfield (URW) modernized the asset visually and functionally.

NEPI Rockcastle provides an update on the COVID-19 related government measures in some of the CEE countries in which the Group operates:

After 15 years’ operations in Croatia, where it successfully manages 11 retail parks and neighbourhood centres, the London-based property investor, developer and asset manager Poseidon Group continues to expand and strengthen its Capitol Park network throughout the country.

The fashion brand Calliope as well as Aurora Jewelry & Watches Stores recently opened their doors at the mall in Zagreb.

Chapman Taylor is designing a major mixed-use development for a 5.6-hectare former factory site in central Tashkent, Uzbekistan.