Search Results for: shopping center – Page 7

For almost 45 years, the shopping center southwest of Cologne with around 150 stores has enjoyed sustained popularity. On behalf of Deka Immobilien Investment GmbH, kplus konzept developed a new design concept for the center’s public areas.

AG Real Estate is on the verge of completing the extensive renovation and extension works it started in 2019 in Westland Shopping Center in Anderlecht (Belgium). The program includes the arrival of a large department store and a number of new retailers, the expansion of the Food & Beverage offer, and the creation of a leisure center of over 4,000 sq m.

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.

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.

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.

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.

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.

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.