Search Results for: retail real estate – Page 57

Ceetrus announces additions to its Board of Directors and Management at a global and local level, with the appointment of two new members. Antoine Grolin, 44, an international real estate specialist, has just been appointed Chairman of the Board of Directors of Ceetrus. On a national level, Séverine Bodard, with 20 years of experience in management, development and transformation of real estate, steps in as Director of Ceetrus Portugal.

DIC Asset AG, one of Germany’s leading listed property companies, announced that an agreement with its tenant Galeria Kaufhof GmbH had been reached regarding the prolongation of existing tenancies of its Chemnitz and Leverkusen assets on July 3, 2020.

Marks and Spencer will relocate to a flagship 20,000 sq ft store at Two Rivers compromising a new foodhall over 50% larger than the old store in the town. Lidl have also chosen Two Rivers as its preferred location in the town satisfying a long held requirement. Lidl opened a 15,700 sq ft store at the end of June.

Hines, the international real estate firm, has signed a long-term lease with food wholesaler Kaufland for the Mira shopping center in northern Munich, Bavaria.

FitForCommerce, a specialized omnichannel and digital consultancy, announces the appointment of Rupert Wood to the FitForCommerce Malls & Meeting Places practice as an Executive Advisor.

Chapman Taylor is creating the masterplan for an innovative new urban district adjacent to King Abdulaziz International Airport in the Saudi city of Jeddah.

EPP’s general meeting of shareholders has today approved the appointment of Tomasz Trzósło to the position of CEO of the largest owner of retail real estate in Poland. The company’s Board of Directors announced it will nominate Tomasz Trzósło to this post in December 2019.

CORESTATE Capital Investors (Europe) joins as new owner of the MEC-Centers Einkaufspark Duckwitz (Bremen) and Nordsee Passage Wilhelmshaven.

Traffic and vacancy rates are the main indicators of success and attractiveness of shopping malls in Ukraine, which transparently demonstrate the dynamics of growth and effectiveness of cooperation with the main target audiences: tenants and buyers.

SIGNA will also begin to use communication formats on various channels and levels to provide information about the project, e.g. on Facebook, Twitter and Instagram under the identity “NOT WITHOUT YOU”, on a newly designed homepage at and with various events and activities.

FitForCommerce, a boutique omnichannel and digital consultancy, announces the appointment of Gary Burrows to the FitForCommerce Malls & Meeting Places practice as its Managing Director.

NEINVER recently reopened its four Greater Madrid and Barcelona outlet centres in Spain, thus resuming operations across all its retail portfolio in Europe.

Trei Real Estate GmbH (Trei), a developer and asset holder for residential and retail real estate with activities across Europe, just opened the 17th retail park of its Vendo Park brand in Poland. The retail park is located in the city of Płock in the Masovian voivodeship.

IMMOFINANZ started the first quarter of the 2020 financial year with strong operational performance: Rental income rose by 13.4% to EUR 74.0 million, above all due to the expansion of the portfolio through acquisitions and completions as well as growth of 1.9% in like-for-like rental income. The results of asset management increased by 18.1% to EUR 59.5 million, and the results of operations were 18.0% higher at EUR 43.5 million. However, the revaluation results of EUR -45.0 million from standing investments and goodwill reflect the adverse effects of the Covid-19 pandemic. Net profit for Q1 2020 was therefore negative at EUR -37.6 million.

Meyer Bergman is creating a €2 billion platform allowing institutional investors to tap into surging demand for last-mile distribution centres, with the launch of Crossbay.

Completion with an investment volume of over 400 million euros planned by 2023.

Neinver has appointed Stephan Fickl as the company’s new Group Leasing Director. He assumes responsibility for this area of the group at the international level and reports directly to the Managing Director.

In the next few days, in view of the rising demand for this type of aid, food and hygiene products will be delivered to needy families and children’s homes, together with medicines for nursing homes.

This year’s “Annual Conference” will be transformed into a “Digital Nordic Think Tank” with focus on the retail landscape following the Covid-19 pandemic.

According to Bloomberg, a fund managed by Apollo Global prevailed over two further bidders.

The Coronavirus pandemic is having a huge impact on the German economy. One side effect of social distancing and the restrictions on movement is empty, unused properties. However, the operating costs for office buildings, manufacturing plants, restaurants and retail outlets still have to be paid.