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Search Results for: retail real estate development – Page 8

Over the past ten years, the food retail sector has recorded sales growth of well over 35 percent, and last year’s figures for 2020 confirm the steady growth with annual sales of around €190 billion.

Trei Real Estate borrowed €27.5 million in its first financing arrangement with the Polish bank Pekao. Collateral for the loan was provided in the form of seven Vendo Parks in Poland, all of which were completed during the past twelve months.

“Looking at the digital transition, ECSP members are certain that the future is omni-channel.”

“We recognize that the traditional model for urban malls needs to evolve in the face of shifts in consumer habits, e-commerce growth, new technologies, urbanization, declining use of private transportation, and a localization of demand towards accessible services and environmental sustainability.”

The Hamburg-based redos Group, which specializes in large-scale retail properties, has acquired the retail park in Gründau Lieblos near Frankfurt am Main. The purchase was made for the Union Investment Spezial-AIF “Redos Einzelhandel Deutschland III”. The property’s seller is the real estate investment manager Redevco, which had included the property in its portfolio in 2016 and has now successfully implemented its business plan. The parties have agreed not to disclose the purchase price.

European Bank for Reconstruction and Development (EBRD) has successfully subscribed to a €24.7 million ticket as part of an inaugural five-year €300 million green bond issuance by MAS Securities BV. The firm is wholly owned by MAS Real Estate Inc., an investor and operator of predominantly retail real-estate assets that focuses on central and eastern Europe (CEE).

This online event format was held for the third time this year. Three top-class panelists outlined the industry’s developments that were accelerated by Covid-19. A big and prominent expert-audience followed the discussion.