Search Results for: retail real estate – Page 17

The HATRIC Q2 retail park in Hartberg, Styria (Austria) has changed hands. Having previously acquired the adjacent phases HATRIC Q3 and Q4 from Rutter Immobilien Gruppe upon completion in 2017, Union Investment has now also secured the Q2 building with its approximately 6,800 sq m of rental space, which opened in 2005.

The MIMCO Capital group is continuing its real estate investments in Germany with the recent acquisition in asset deal of two retail assets in Bitterfeld-Wolfen, Saxony-Anhalt, and Plauen, Saxony, on behalf of its “Everest One SICAV-RAIF” fund.

Retail investment volumes for 2020 are expected to exceed those of 2019, despite Covid-19, a new report from Savills Aguirre Newman suggests.

Commercial life begins anew at a tradition-steeped location: The former Brandt rusk bakery site is now the “Brandt Quartier”, the most modern retail park in the city of Hagen, which now will be operated by Deutsche Immobilien-Gruppe (the DI Group) for a fund run by Nuveen Real Estate.

Investment in online capabilities and delivery apps across the retail sector is expected to increase further, according to the latest research from global real estate advisor, CBRE. Online sales have helped many retailers offset some of the lost revenue from store closures during the lockdown period.

MAPIC will be held at the Palais des Festivals in Cannes from 17 to 19 November, 2020. Its theme of Embracing Collaborative Retail, along with the entire programme, has been designed to support and give an extra boost to the international retail property industry, which has been hit hard by the current health crisis.

The new vehicle will target retail assets in London and in the UK regions with a view to acquiring £250m worth of assets, building on Maya Capital’s expertise in the commercial office market.

Plans have been unveiled ahead of the reopening of London Designer Outlet, the capital’s leading fashion and lifestyle outlet centre, and wider retail at Wembley Park, one of the largest and most all-embracing urban development’s currently underway in Europe. Retail will start to open from Monday 15 June, in keeping with the Government’s lifting of coronavirus lockdown restrictions. Restaurants and Cinema will follow Government advice and plan to open as soon as possible.

In its role as specialist advisor for institutional retail real estate investors, iMallinvest Europe GmbH has developed its services further to meet the dynamic demand of its clients.

Fund has target volume of EUR 300 million, focuses on food retail markets and grocery-anchored retail warehouse parks.

Sponda has appointed Katja Holmström as Director, Retail and a member of the company’s Extended Management Team. Holmström will start in her new position in early August and she will be responsible for developing and managing Sponda’s Retail business.

Under the umbrella of Croatian Employers Association (CEA), the Coordination of non-food retail and shopping centers has been organized upon the initiative of the Developers Association and Retail Association both under CEA in Zagreb on March 26, 2020.

Europe’s retailing sector is reeling from the shock of lockdowns across the region to limit the spread of the Covid-19 pandemic, but the impact on the sector’s credit outlook will be uneven, says Scope Ratings.

The Netherlands and most other European countries are forecast to be pushed into recession this year by the impact of the coronavirus pandemic.

The conversion has started, the opening is scheduled for autumn 2020.

By welcoming Cattolica Assicurazioni as a shareholder by the end of 2019, Altera continues to broaden its international shareholder base.