Search Results for: retail real estate magazine – Page 28

Last year, City Aréna in Trnava, Slovakia, became the property of real estate developer Peter Korbačka. He and Sonae Sierra have recently signed a joint venture agreement to acquire three shopping centers in Spain for a total of EUR 485 million.

In a time-poor working week, we may find ourselves wondering how we can justify the expense and time away from the office that inevitably come with attending industry events. ICSC Europe Managing Director, Bill Kistler, interviews leading consumer behaviouralist, Ken Hughes, to ask “Are conferences really worth it?”

An important judgement clarifying European rules on retail establishment; a very strict EU data protection regime; a binding number of charging points for e-vehicles for buildings with more than 10 parking spaces. These are a few examples of important, new rules for the retail property industry adopted by the EU in recent years — and together, they’re a good example of why European policymaking is increasingly important for our sector.

The department store is in crisis. European department store chains close one store after the other. If the format wants to survive it needs to reinvent itself completely.

ICON Outlet at The O2, the UK’s first urban outlet developed by AEG and Crosstree Real Estate Partners has announced the opening of Brooks Brothers, America’s oldest retailer.

Birmingham City Council has recently announced Lendlease as its development partner to deliver the transformation of the 17-hectare Birmingham Smithfield site.

Coworking spaces have potential – also in shopping centers. The first symbioses already enhance the European retail real estate market.

SevenCapital is developing North Star Village in Swindon. The Shopping & Leisure Project includes one of the United Kingdom’s largest ski and snow centers.

Unibail-Rodamco-Westfield Germany looks back on a successful business year; the strategic focus for 2019 further on lies on optimizing the existing portfolio.

SPAIN: Finestrelles | POLAND: Vis à Vis Wilanów | FRANCE: Nice Lingostière | GERMANY: OEZ | RUSSIA: Rublyovo-Arkhangelskoye Smart City | GERMANY: Gropius Passagen | SERBIA: IPM | HUNGARY: New Campona | ITALY: COM Caselle Open Mall | GERMANY: Erlangen Arcaden

Al Farwaniya Property Developments has recently shared the tenant line-up for its super-regional Reem Mall project in Abu Dhabi. +++ Benoy has announced its second project with Hong Kong China Travel Service (HKCTS) – Ningbo If Mall. +++ Macerich and Simon have announced the formation of a 50/50 joint venture to create Los Angeles Premium Outlets. +++ The construction of the KWG M Cube, a 40,000-square-meter shopping center designed by MVRDV, has recently been completed.

From the outbreak of the financial crisis until 2016, hardly any new shopping center openings occurred in Spain and Portugal, reports Francisco Cavaleiro de Ferreira, Managing Director of Multi in Iberia. Now, the markets have recovered.