Search Results for: shopping center – Page 5

Citycon sells two non-core shopping centers in Norway for €145.4 million

February 17, 2022

Citycon has signed an agreement to sell two non-core shopping centers in Norway for approximately €145.4 million. According to the agreement, Citycon will divest Buskerud center to Aurora Eiendom AS and Magasinet center to Oslo Opportunity II AS and Vedal Investor AS. The transaction is estimated to close during Q1/2022.

Supersam Shopping Center in Poland gets transformed

February 16, 2022

Supersam, a shopping destination and office building in the city center of Katowice (Poland), is undergoing a transformation. The mixed-use property will be modernized and expanded.

Revetas Capital disposes of Vitantis Shopping Center

February 4, 2022

Revetas Capital announces the disposal of Vitantis Shopping Center in Bucharest to Praktiker Real Estate Romania.

Atrium announces major refurbishment of Promenada shopping center

January 31, 2022

Atrium’s flagship shopping center in Warsaw (Poland), Atrium Promenada, begins the next stage of its redevelopment. The investment aims to refurbish the second part of the shopping center, the first one was completed in autumn, 2018.

Mylly Shopping Center in Finland receives SHORE certification

January 27, 2022

The shopping center was awarded with the GOLD-level Excellent SHORE certification, which ensures a safe shopping experience for its staff, tenants, and visitors.

Sonae Sierra secures 30 tenants for their shopping centers in Germany

January 25, 2022

In total, Sonae Sierra signed 30 new leases in six locations: for Alexa in Berlin, Mercaden in Boblingen, Mercado, Quarrée Wandsbek, and Ottensen commercial building in Hamburg, and Munster Arkaden in Munster. In addition, more than 30 contract extensions and agreements for pop-up stores were achieved.

Focus buys Turawa Park shopping center in Poland

January 10, 2022

Ukrainian real estate investor Focus Estate Fund has acquired the Turawa Park shopping center in Opole, southern Poland, from Edinburgh-based Abrdn for an undisclosed sum.

Redevco acquires 1960s Templars Square shopping center for €42.5 million

December 22, 2021

On behalf of one of its investor clients, Redevco has purchased Templars Square in Oxford for €42.5 million from New River. The 1960s local shopping centre is to be transformed into a landmark residential-led mixed urban scheme over the next decade.

Landsec signs five new brands at Trinity Shopping Center

December 21, 2021

Landsec has announced that five retail and lifestyle brands have joined Trinity in Leeds, as part of its drive to secure regional debuts, relocations and upsizes into the destination.

Hammerson sells Silverburn shopping center to Henderson Park

December 20, 2021

Hammerson announced it has completed sales of six non-core assets for total gross cash proceeds of ~ €107.7m since the half year. The largest constituent is the exchange an unconditional contract for the sale of Silverburn, a 100,000 sq m shopping center near Glasgow.

Multi Italy is the New Property Manager Of Granroma Shopping Center

December 16, 2021

Multi Italy has been appointed by Savills Investment Management SGR S.p.A, on behalf of Sulis Fund and its investor, a real estate investment fund advised by Aventicum Real Estate, to manage the GranRoma Shopping Center.

Futureal buys Galeria Bemowo shopping center in Warsaw

December 16, 2021

Futureal Investment Partners has acquired the Galeria Bemowo shopping centrr in Warsaw. The acquisition is the company’s third, following the Manhattan Shopping Center in Gdansk and Wratislavia Tower in Wroclaw.

Axis Retail Partners and Generali buy St Georges Shopping Center

December 15, 2021

Axis Retail Partners, in partnership with Generali, have exchanged contracts to buy St Georges Shopping Centre off market at a NIY of 8.3% from RDI REIT on behalf of pension fund clients of LaSalle Global Partner Solutions.

Union Investment acquires food-anchored shopping center in Florida

December 13, 2021

Union Investment has acquired the Fountains of Boynton shopping center in Florida. The complex, which consists of five buildings, is located in Boynton Beach, a centrally located suburban community in northern Palm Beach County, about 30 kilometers south of West Palm Beach International Airport.

Titanium acquires Ozols shopping center in Riga

December 7, 2021

The asset was exited by KS Holding to Titanium Baltic Real Estate. The former shopping center Galerija Azur was acquired by the seller in 2016 and redeveloped over three years, then opened under the new name Ozols.

FCR buys 26, 000 sq m shopping center in Eisenach

December 7, 2021

FCR Immobilien AG has acquired a shopping center in Eisenach, Thuringia, with a sales area of approximately 26,000 sq m as part of the continuous expansion of its portfolio.

MPC Properties buys Delta City shopping center in Belgrade

December 3, 2021

MPC Properties acquired Delta City shopping center (open since 2007), expanding its portfolio to five regional retail assets with the latest, BEO Shopping Center opening in June 2020.

FOM leases 7,600 sq m to Edeka at shopping center in Hannover

November 30, 2021

FOM Invest has leased around 7,600 sq m of retail space in the Linden district in Hannover to the retail chain Edeka.

Castlegate and Wellington Square shopping centers win Sceptre Award

November 29, 2021

The Sceptre Award for Community Initiative of the Year is in recognition of the Stockton-on-Tees (city in North-East England) centers community literacy project, Stockton Stories that launched in April 2021.

Shopping Center Galeria Andrychów in Poland celebrates opening

November 26, 2021

The joint venture by Acteeum Group and Equilis Europe held its inaugural ceremony of the 24,000 sq m development on November 25th.

BIG Shopping Center raised 55 million euros at the Israeli stock exchange for further expansion in Serbia and the Balkans

November 22, 2021

The BIG Group intends to use the proceeds from this bond issue to continue its expansion in Serbia and in the Balkan region.

Trafin’s Respublika Park shopping center celebrated grand opening in Kiev

November 15, 2021

Viennese company Trafin opened the 300,000 sq m shopping and entertainment center Respublika Park in Kiev, Ukraine, with prominent Austrian guests attending the opening ceremony.

CEV revitalizes retail space to modern hybrid shopping center in Saalfeld

November 15, 2021

CEV Handelsimmobilien GmbH (CEV) is renovating approximately 21,000 sq m of retail space and will reopen the center as Saalemarkt in summer 2022. The investment volume amounts to around €25 million.

It is time for shopping centers to embrace e-commerce

November 8, 2021

“It is imperative for shopping centers to become part of the e-commerce economy; otherwise, your business will decline in the upcoming years.”

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