Search Results for: retail property – Page 36

With over 4.2m visitors in the first month since reopening, Westfield London and Westfield Stratford City reveal breadth of new offerings as customers crave physical experience.



Plans to deliver the long-awaited transformational mixed-use destination in Coventry city centre (London) have been unanimously approved by Coventry City Council. Shearer Property Group, the developer on the project, first revealed its outline plans to the wider public in June 2020, which have already secured £98m in funding from the West Midlands Combined Authority.

Deutsche Konsum REIT-AG has acquired the Spitzkrug Multi Center in Frankfurt/Oder (Brandenburg) by notarial deed.

A community shopping parade in Cheltenham is fully let again after signing up two new tenants.

Hammerson has announced that Harry Badham has been appointed to the role of Chief Development and Asset Repositioning Officer. In this role, Harry will oversee the development teams working on destination repositioning across the UK, Ireland, and France.

Work has begun on-site at the Grantham Designer Outlet Village, a destination that could create up to 1,500 full and part time jobs after it opens in 2023, in a resounding endorsement of the economic opportunities that bricks-and-mortar retail destinations bring.

The new store located at Yonge and Gerrard Street will bring the IKEA experience closer to urban residents.

Grosvenor Group has sold a 10% share of Sonae Sierra, the multinational retail real estate company.

The retailer’s first store located within a Carmila shopping center in France spans two floors and covers a gross leasable area of more than 6,000 sq m.

The last 12 months have been a challenging time for all commercial real estate businesses across the globe. We’ve seen the opening and closing of retail, and a massive reduction in travel with a peak of 46% of people in employment working from home in April 2020.* Although this has resulted in businesses restructuring their operations and reducing CAPEX, it hasn’t stopped the real estate companies looking for ways to drive operational efficiencies and enhance the tenant and community experience by accelerating their digital transformation.

Redevco Germany has signed a lease for the former Karstadt building in the OEZ mall (“Olympia-Einkaufszentrum”) in Munich, Germany: SCHMID GmbH, Augsburg, is expected to open its first branch in the Bavarian capital as early as April this year.

Spanish motorcycle clothing and equipment retailer Máximo-Moto is to open its first UK outlet at Astle Retail Park in West Bromwich.

“For us, a human-centric vision is one of the main values shaping our vision of the future for any shopping center we manage or will manage.”

Cushman & Wakefield has appointed customer experience specialist Michelle Gloder as Head of Customer Experience within its UK Asset Services team.

The ATP consulting subsidiary redserve is expanding in Central and Eastern Europe. And the Croatian entrepreneur Denis Cupic is playing a leading role.

Evolve Estates has acquired Hillsborough Barracks in Sheffield, for an undisclosed sum – its second major purchase of 2021. Set within a walled estate of 11.5 acres, the grade II listed Hillsborough Barracks comprises a shopping parade with converted offices and separate office buildings within a walled estate.

For small and medium-sized businesses lease terms and conditions become a hot issue again due to January “lockdown mode”.

Lidl Danmark becomes the largest owner of certified green buildings in Denmark, having achieved EDGE green building certification for its portfolio of stores throughout the country.

£24m Game of Thrones Studio attraction will see huge increase in footfall to the outlet destination.