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Search Results for: retail property – Page 6

Cain International has agreed two new leases with independents at its mixed-use Islington Square development. Between them, The Bottle Cocktail Shop and Treat Medispa will take 130 sq m in the north London destination as it continues to attract independent brands, with the retail and leisure space now approaching being 90% let.

Investors feel safe again in Poland. The total volume of investment transactions in H1 2022 amounted to almost 2.9 billion Euro, which was more than 40% more than in the same period last year. 28% of all investments were made in the shopping center sector.

Societies have changed, retail has changed, and so must architecture and the real estate industry. “Le 31” has become a model for Redevco’s vision on how to redefine retail and create a connected community of stores, partners, and visitors.

Around 30 years ago, a trendsetting Kaufland store opened in Erfurt-Herrenberg (Erfurt, Germany). Now it has been honored by the “Stadtimpulse” initiative as Best Practice 2022 in three categories: Innovation in Retail, Urban Design and Real Estate, and Experience and Living Space.

CEE real estate developer, investor, and operator, Prime Kapital, announced that it has raised a €125 million green club loan facility for its development joint-venture with listed property investor MAS plc, real estate investor listed on the Johannesburg Stock Exchange.

By 2024, the number of STOP SHOPs will be increased by around 40% to 140 locations through selective acquisitions and new openings. The focus will also be on Italy, where ten new retail parks will be opened by 2024.

The Hahn Group has signed a new lease with Kaufland for the Sterkrader Tor Retail Park in Oberhausen, North Rhine-Westphalia. Kaufland will take over the space of the previously located EDEKA store, whose lease will expire at the end of 2022.

LondonMetric announced three grocery lettings across its long income and retail park assets in Ashford, Totton, and Tonbridge (UK). The lettings will generate €1.4 million of contract rent, have a WAULT of 16 years and benefit from RPI or fixed rental uplifts.

Hines, on behalf of Bayerische Versorgungskammer (BVK), has signed a €50 million green loan with CaixaBank as part of a new financing package for its flagship Preciados 13 project in Madrid. In 2017, the mixed-use building was acquired by Hines on behalf of BVK Highstreet Retail Preciados S.L.U.

Retail Real Estate: It is an asset class that has undergone a number of radical changes in recent years. Steffen Hofmann and Klaus Mennickheim, who run their own advisory firm, have built up an excellent international reputation as leading independent advisors. In an interview with ACROSS, they explain why specialist knowledge is so important right now, why the “retail bashing” that can often be heard falls far short of the mark, and why they have decided to rename their successful company at this point in time.

HIH Invest Real Estate acquired Warnow Park in Rostock (Germany) on behalf of an individual mandate given by an institutional investor. The district center in the Lutten Klein district was sold by Highstreet VIII, a retail property fund managed by Corestate.

Lotus Property owned outlets, The Boulevard and The Junction in Northern Ireland both saw an increase in sales compared to 2019, with The Boulevard recording its highest month of sales on record in December 2021.

One of the most important lessons the retail real estate industry can learn from the pandemic is to recognize the importance of omnichannel and big data. Investing in digital solutions can provide a competitive advantage and better results for both landlords and tenants.