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Search Results for: retail project – Page 51

“The corona pandemic reveals and emphasizes, among others, the very simple basic fact which is crucial to a healthy business survival illustrated by the dependency of all different business parties on each other’s survival.”

Prior to the new appointment, Yliniemi held the position of Vice President, Operations Development at Citycon. In her new position, Yliniemi is responsible at the Group level for the operations and results of the approximately 40 shopping centres owned by Citycon. Yliniemi is also a member of Citycon’s Extended Management Committee.

Due to the Covid-19 pandemic AFI Europe, the largest shopping center project to be delivered this year in Romania will not be opened as planned.

Standort + Markt recently published a first estimate regarding the anticipated daily loss of revenue of shopping places in Austria due to the corona shutdown. Its results provide solid guidelines for the European retail real estate market in general.

Property company Atrium Ljungberg has today signed an agreement to sell the shopping centre Farsta Centrum in Stockholm. This deal includes a rental value of SEK 310 million and more than 100,000 m2 letting area. The purchase price is based on an underlying property value of SEK 3,979 million. The purchaser is Stadsrum Fastigheter AB.

Crompton Place shopping center in Bolton, Greater Manchester, is due to become “Bolton Victoria Square”. Chapman Taylor has been tasked with the architectural design of the regeneration masterplan.

The first salon of the optical industry leader – Vision Express – will open in Galeria Wiślanka. This shop will combine medical services and the sale of glasses and lenses in one place, ensuring professional service as well as the care of specialist doctors.

The Eurovea 2 project has recently received the green light for the construction of the Eurovea expansion, Eurovea Tower – the first skyscraper in Slovakia, Riverside Residence, the Pribinova X and Pribinova Y administrative buildings, as well as an underground parking garage. The mall expansion is scheduled to open later this year.

In the heart of Vienna, IKEA is establishing the most innovative city centre IKEA store in the world. IKEA Austria is going completely new ways in addressing radically changed customer and mobility behaviours. IKEA Vienna Westbahnhof will open in 2021.

Unibail-Rodamco-Westfield (URW) will build the three planned hotels (Pullman, Novotel & ibis Styles) in Westfield Hamburg-Überseequartier in cooperation with the travel and lifestyle group Accor and the real estate developer B&L Group. From end of 2022, the Accor hotel brands Pullman, Novotel and ibis Styles will open around 830 rooms in the mixed-use district on the river Elbe.

Hines, the international real estate firm, announces 2019 results of Outlet Village Pulkovo. Double-digit growth of the outlet village’s sales and footfall indicators over the past year demonstrates the continuously increasing interest of city residents and tourists.

“Clearly, our industry has a responsibility to find solutions and reduce carbon emissions. It is time to stop talking and, instead, to act responsibly, act collectively, and act now.”