Search Results for: retail real estate – Page 14

M&G Real Estate has looked to the thriving food sector in the south of France for its latest round of acquisitions on behalf of two of its European property funds. In separate deals worth a combined €124 million, M&G Real Estate has acquired two hypermarkets leased to Casino Group, one of France’s leading food retailers, generating secured long-term income from established, dominant and non-replicable assets.

The Czech real estate fund Trigea bought two retail parks in Moravia – Retail Park Haná in Olomouc and the shopping centre Retail Park Ostrava, expanding its existing portfolio of three properties with additional retail projects.

The Crown Estate has appointed Simon Harding-Roots as Managing Director for its London portfolio.

Prime asset offers 10,200 square meters of retail and restaurant space. With the acquisition of “Taborland” retail park in Steyr, Austria, KGAL Group is once again expanding its real estate portfolio in Austria. The property will be the subject to an open-ended Austria real estate special fund.

Commercial property owner, asset manager and developer Sorbon Estates has announced Katherine Croom as Managing Director.

Trei Real Estate GmbH will be opening its 26th retail park under the Vendo Park brand in Poland. It is located in Oświęcim, a small town of around 40,000 residents in the Lesser Poland Voivodeship in southern Poland. This latest Vendo Park has a leasing area of around 5,300 square metres and is leased to seven retailers and a supermarket. In total, Trei invested c. 7,2 million euros in the property.

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.

The x+bricks Group has signed a conditional purchase agreement with the SCP Group to acquire large parts of the repositioned grocery-anchored real estate portfolio of the supermarket operator “real”. Under the terms of the Agreement, x+bricks has secured access to a pipeline of assets valued in excess of EUR 1 billion. Upon completing the transaction, the gross asset value of x+bricks’ portfolio will double to more than EUR 2 billion.

The Howard de Walden Estate is pleased to announce that it has signed two new leasing deals – in addition to a significant extension for The Kooples – in Marylebone Village. The deals encompass brands across the retail sector, adding to the distinctive offering across the estate.

Mitiska REIM has announced the acquisition of a retail park located in Arnhem.

VIA Outlets has chosen Yardi® technology to support growth across its Pan-European portfolio.

Global real estate advisor, CBRE announced the appointment of Andrew Hulme as an Executive Director, within its UK Investment Properties team.

Successful premiere of the ACROSS Company Live Session in cooperation with Sonae Sierra.

Unibail-Rodamco-Westfield (URW) announced the first four major strategic partners for Westfield Hamburg- Überseequartier, the urban mixed-use district at the river Elbe in Hamburg’s HafenCity. In a key milestone for the project, URW has signed long-term agreements with: LEGOLAND® Discovery Centre, Kinopolis, REWE and BUDNI.

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).

Challenge accepted: What does it take right now to implement successful retail concepts?

Shopping center expert Jan Tanner becomes the new Head of Retail & Site Management Switzerland at real estate service provider Privera. He succeeds Cengizhan Ari, who is leaving the company.

Orchard Street Investment Management (‘Orchard Street’), the specialist commercial property investment manager, has strengthened its retail team with the appointment of Edward Bales as asset manager.

The concept of retail parks during the pandemic has become especially popular among local residents, because thanks to the large areas, good location and separate access to shops, you can safely combine pleasant and useful things – shopping, working and spending free time.