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Global Mutual adds to its growing outlet portfolio with the acquisition of Sterling Mills Outlet Shopping Village in Tillicoultry, near Stirling in Scotland.

NewRiver has announced the opening of a new Primark store at Priory Meadow Shopping Centre, Hastings. Primark, a leading international retailer and NewRiver’s sixth-largest tenant by rental income, occupies a unit with a 40,000 sq ft gross internal area and joins a strong retailer line-up at the centre that includes H&M, a recently-enlarged JD Sports, Poundland, Boots and Superdrug.

Ascencio and Sagax, real estate companies listed respectively on Euronext Brussels and Nasdaq Stockholm Large Cap stock exchanges, were accepted last Thursday for inclusion in the FTSE EPRA Nareit Developed Europe Index, following the quarterly index review. The effective date of the inclusion is 18 March 2019.

The department store is in crisis. European department store chains close one store after the other. If the format wants to survive it needs to reinvent itself completely.

It was only five years ago that VIA Outlets was launched. In an interview with ACROSS, COO Otto Ambagtsheer talks about consolidating the current portfolio of 11 assets, expanding the Fashion Club loyalty program, and debuting hot local brands like BALR. and Nikkie.

VIA Outlets – the fast growing owner-operator of premium outlet shopping destinations in Europe – reports strong results for 2018, boosted by increased footfall (+3.5% year-on-year)* and an increase in the average spend per guest (+5.6% year-on-year)*. This positive performance has been achieved amidst the current challenges facing the retail sector.

There will be two new retail properties in the Grand Duchy, as Cloche d’Or and Royal-Hamilius will be opening there this year.

Atrium has been extremely active in Warsaw over the past few months. CEO Liad Barzilai intends to further optimize the portfolio in the city.

Outlet retail has long been established across Europe, but the sector has tended to suffer from being seen as second best to its big sister, the shiny shopping center. As a long-term owner and operator of retail outlets across Europe, Resolution Property has been at the forefront of evolving this sector to capitalize on creating offers that can’t be replicated online.

One of the most important aspects of the advancement of technology is how it has unlocked massive potential by transforming the way we communicate. In our daily lives, we now have at our fingertips instant ways to access important information, engage with people and brands that matter, and stay safe and informed.

IKEA Centres has opened its second outlet center, the Designer Outlet Croatia. Project Manager Branko Mihajlov explains what criteria were – and will continue to be – applied when choosing locations.

FRANCE: The new Prado opened in Marseille –
UNITED KINGDOM: Axiom shopping and entertainment development in West Yorkshire –
BELGIUM: Les Bastions in Tournai opened its doors to the public. –
GERMANY: Hansa Center –
POLAND: Janki –
AUSTRIA: Murpark –
SERBIA: Stop Shop Požarevac and Vršac –
UKRAINE Rive Gauche.