Search Results for: retail projects – Page 33

Josip Kardun has 20 years of pan-European real estate investment and management experience. He previously served as CEO of Blackstone’s largest European operating platform where he managed over €10 billion of assets across 14 countries.

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.

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.

“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.”

The industry’s magic word that is supposed to upgrade locations and make them future-proof.

Yurdaer Kahraman, CEO and Board Member of FİBA Commercial Properties and Member of the ACROSS Advisory Board, receives three to four purchase offers each month. He meticulously evaluates each offers.

Trei Real Estate recently celebrated its first topping-out ceremony for overbuild, a single-story supermarket in Berlin. Overbuilding measures for retail properties are generally on the rise.

The small Austrian village of Parndorf is known all over the world, from the UK to China. The outlet location’s rapid development staggers Parndorf’s residents and consumers alike. But what will the future hold?

With NordWestZentrum in Frankfurt, Breunigerland Sindelfingen and Breuningerland Ludwigsburg, Unibail-Rodamco-Westfield (URW) secured three important asset management mandates in 2019, thereby strengthening its portfolio in Germany. In addition, the real estate developer and operator completed major modernisation projects in Schönhauser Allee Arcaden in Berlin and Centro in Oberhausen and reached important milestones in Westfield Hamburg-Überseequartier development project. In 2020, URW intends to continue to strategically develop its portfolio and focus on urban district development and the expansion of digital infrastructures.

The Board of Directors of EPP has announced that it will nominate Tomasz Trzósło for appointment as CEO to succeed Hadley Dean, whose term of office is due to expire. Tomasz Trzósło is expected to assume his role in May 2020.

The retail real estate industry is looking toward 2020 with cautious optimism. Uncertainties remain, however.