Search Results for: retail real estate – Page 70

Miguel Pereda, Board Member of Lar España, announced new transactions over the upcoming months in an interview with ACROSS. The Spanish company intends to invest more than €1 billion before the end of this year.

Kesko Corporation, the Swedish life insurance company AMF Pensionsförsäkring AB, and the Ilmarinen Mutual Pension Insurance Company have agreed to set up a joint venture called Ankkurikadun Kiinteistöt Oy with equal shares.

The world of Mobile Location Analytics (MLA), and location-based services is one of today’s fastest-growing technology sectors – and its application in property is the highest growth area of all. With a compound annual growth rate forecast at 28% for 2015 to 2019 and an estimated market size of $43.3 billion in 2019, it’s one that clearly needs to be taken seriously by all owners. Why does it exist at all?

“Small is beautiful” is how experts characterize the market in the Czech capital Prague. But insider knowledge is essential.

Kuala Lumpur, the capital of the former “Asian Tiger” Malaysia, has seen better days from an economic perspective.

Legislation forcing all retail shops to close on Sundays entered into force in Hungary on March 15, 2015; most shops are forced to close on Sundays and at night.

By way of a transaction that closed on February 3, 2015, a new investment vehicle established by Partners Group and its operating partner Northern Horizon Capital has agreed to buy a portfolio comprising the majority of the assets of BPT Optima, an institutional real estate investment vehicle.

TIAA Henderson Real Estate (TH Real Estate) has exchanged contracts for the acquisition of the Nova Lund shopping center from Uni-bail-Rodamco for €176 million.

The German firm TLG Immobilien AG has acquired a retail park situated in Berlin-Adlershof (Treptow-Köpenick). The purchase price was €30.825 million. The seller was a property company supervised by Waypoint Real Estate GmbH (WPRE).

Ewa Szafranska-Madry has been appointed Managing Director at Balmain Asset Management CEE in Warsaw. In her new function, Ewa Szafranska-Madry will be responsible for the development of the company’s property portfolio in Central and Eastern Europe.

According to Barbara Topolska, COO of Neinver, the company does not just build open-air centers. Instead, it develops “villages” that draw upon the tradition, history, and architecture of the place in which they are built.

Some developers consider commercialisation as part of the leasing activity although commercial leasing per definition means the longer term rental contracting of leasable premises which are defined as GLA of a commercial asset.
Commercialisation (or Speciality Leasing) however, specifically focuses on generating income from non-GLA areas and for shorter periods, typically within twelve months.

The city in southern France is undergoing a cultural and urban renaissance. Klépierre is betting on the seaside metropolis with Prado shopping center. Galeries Lafayette will be one of the anchor tenants.

ECE opened the Milaneo mall in the new European quarter of Baden-Württemberg’s capital on October 9 – half a year earlier than planned.

These days, there has been a large debate about the crises of the bricks-and-mortar trade and the threat from e-commerce.

New projects always involve necessary preparations: We investigate which cities might make sense for us and our customers, look at purchasing power, traffic, development, and infrastructure plans for each region, etc., and define the most appropriate place for a potential retail or logistics property on the basis of the parameters analyzed.

A critical evaluation of the centers which have been added to the European market in recent years prompts the following sobering conclusions: Professionalism in design, construction and operation has generally reached a very high level.

More and more consumers are shopping with smartphones and tablets. Shopping center operators are trying to capitalize on this trend towards mobile commerce in myriad ways.

More exquisite, spectacular, and sophisticated: the projects presented by the top players at MAPIC.