Search Results for: retail real estate – Page 15

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.

Deutsche Investment just acquired the Rödertalpark” retail warehouse park of around 15,560 sqm in Grossröhrsdorf (Saxony, Germany) for its latest separate asset pool, “Deutsche Investment – Food Retail I.”

With the much-anticipated reopening of non-essential shops finally here, businesses will be welcoming locals back into their stores. For one street in Poole, the 2021 easing of lockdown is particularly exciting: Poole’s Kingland Crescent has been completely revamped as part of LGIM Real Assets strategy to re-invent and re-position their retail places.

Hamburg-based large-scale retail property specialist redos Group has acquired the Äppelallee-Center in Wiesbaden near Frankfurt. The purchase was made on behalf of the special AIF “Redos Einzelhandel Deutschland III”.

Colliers Italy has appointed Niccoló Suardi Head of High Street Retail , with the task of coordinating the Leasing and Capital Market activities for the Retail business unit, reporting directly to Silvio Sancilio, Head of Capital Markets.

Mitiska REIM announced it has extended its relationship with Erste Group Bank AG by securing a €123 million senior debt facility for its entire retail park portfolio in Romania.

Chariot Top Group BV, a company managed by Griffin Real Estate, has sold 4 retail parks, completing the third and the last tranche of retail assets acquisition by EPP. It is the biggest transaction of the retail asset on the Polish real estate market in terms of volume since beginning of the pandemic.

LabTech has announced the appointment of Jonny Perkins as Retail Asset Manager for its new 580,000 sq ft development, Hawley Wharf Camden, and LabTech’s other Camden holdings.

CORESTATE has set up Stadtquartiere I, a new open-end special AIF. This fund is the first of its kind in Germany for institutional investors and thus a pioneer in the promising city quarter asset class. Corestate is aiming to achieve a target volume of around € 500 million. Hannover Leasing, an in-house investment management company, is responsible for managing the fund.

A strong year for leasing activities in 2020 and a successful start to the year with new business in 2021 have been reported by Commerz Real, the asset manager for real asset investments in the Commerzbank Group.

M7 Real Estate has assembled just over a £300 million portfolio of 19 retail warehouses following the full deployment of capital raised across its M7 Box+ I and M7 Box+ II funds.

Stenprop, represented by Montano Asset Management (Montano), is selling the Hermannquartier inner-city retail warehouse centre in Berlin-Neukölln to an ILG Capital institutional fund.

Real estate investor Altera Vastgoed NV (hereinafter: Altera) has sold the retail property at Lijnbaan 81 in Rotterdam. The property is over 400 sq. m and is let to fashion retailer Mango.

DIR Deutsche Investment Retail GmbH (DIR) is strengthening its retail expertise with Tatjana Fiedler. In the position of Transaction Manager, she will immediately strengthen the team in the development and expansion of a nationwide retail portfolio with a focus on food-anchored local convenience centres and retail warehouse parks, full-line grocery stores and discount supermarkets.

CBRE announced three promotions in the Retail Agency department.

The €110 million development, which creates approximately 600 direct jobs, is the first outlet centre in Greater Amsterdam. It opens with around 75% occupancy and a curated mix of brands, some of them debuting for the first time in the Dutch outlet market.

After the future conference www.REBOOT.berlin in January of this year, the German Council of Shopping Places held, for the first time, the hybrid conference www.3-5-1-konferenz.de at three locations instead of the German Council Congress, while complying with all corona-related regulations.