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ACROSS

Search Results for: shopping center – Page 89

A LOOK AT THE DANISH CAPITAL

Sadolin/Albæk takes a close look at the metropolis on the Øresund and its surroundings in “Copenhagen – Property Market Report 2014.” It examines the retail segment, too.

IN THE LAND OF MILK AND HONEY

Historically the people of Belarus went to Vilnius, Warsaw, or Moscow to buy brands that they could not get at home. This trend is beginning to change as more and more international brands seek space in the country’s new shopping centers.

NICHE MARKET WITH POTENTIAL

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

UNPRECEDENTED TIMES FROM AN INVESTOR APPETITE PERSPECTIVE

The Savills’ “UK Shopping Center and High Street Bulletin, Q4/2014” notes intense activity in the country’s market with increased investor activities and demand for the sector. This trend is expected to continue into the medium term.

ORION SELLS PLENILUNIO FOR €375 MILLION

Investment Fund Orion Capital Managers have agreed to sell Plenilunio, one the major prime shopping centers in Madrid, to French Company Klépierre. Opened in 2006, the mall is strategi-cally located in the east of the city with no competition.

NEWS FROM THE PALLADIUM

Hannover Leasing has sold a majority stake in the largest urban shopping center in the Czech Republic, the Palladium in Prague. The transaction basis is real estate worth about €570 million. The seller was a holding company for which Hannover Leasing acquired the property and took over asset management. The buyer is Union Investment of Hamburg.

UNIBAL-RODAMCO SELLS NOVA LUND

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.

RETAIL PARKS: SUSTAINABLE INVESTMENT OR HYPE?

Retail parks are currently a hot topic of conversation: The retail format is increasingly the first choice among retailers and consumers and investors are now following suit. GfK retail expert Manuel Jahn explores why retail parks constitute a sustainable investment with genuine substance.

ATRIUM COMPLETES ACQUISITION OF FOCUS MALL

Atrium European Real Estate Limited, a leading owner, operator, and developer of shopping centers and retail real estate in Central and Eastern Europe, has announced that, further to its announcement on October 6, 2014, it has completed the acquisition of Focus Mall in Bydgoszcz, Poland, from Aviva Investors for €122 million.

SIERRA FUND AND CBRE RETAIL PROPERTY FUND IBERICA SELL LA FARGA

Sierra Fund (a pan-European retail fund in which Sonae Sierra has a stake of 50.1%) and the Retail Property Fund Iberica (RPFI), which is managed by CBRE Global Investors, have sold the La Farga Shopping Center (Hospitalet de Llobregat, Barcelona) to Temprano Capital Partners.

BALMAIN ASSET MANAGEMENT WITH NEW MANAGING DIRECTOR FOR CEE

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.

TWENTY NEW STORES IN 2015

The Polish clothing chain “50 Style,” owned by Marketing Investment Group, is on an expansion drive.

20 YEARS OF MAPIC – LOOKING BACK AND FORWARD

It was the usual framework: Sunshine; the laid-back the historic old town; the vibrant, busy life of southern France in the midst of November; the dark-suited businessmen meeting in the Palais de Festival or in the many restaurants and bars of Cannes. It was the 20th MAPIC, the retail real estate fair, in November 2014.

“ANYONE WHO SURVIVES A STORM COMES OUT STRONGER”

The Italian brand EYE Sport operates in the problem markets of Spain and Greece, among other places. In an interview with ACROSS, CEO Alessandro Ariu explains what he and his business partners have learned from the crisis.

CITYFIT PLANS 50 FITNESS CLUBS IN POLAND

Nicholas Moses, Managing Director of CityFit, says that shopping centers and retail parks will play a central role as locations in this expansion. He opened the first fitness studio in Plaza Rzeszow in May.

LEASING VERSUS COMMERCIALIZATION: FOES OR ALLIES?

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.

WHERE ARE WE GOING? THINKING ABOUT THE FUTURE

At the start of each year, the members of the Coverpoint Team, part of the JLL Group, put their heads together and spend time identifying and classifying the most important foodservice trends for the next five years.

HARNESSING THE POWER OF FOOD

First of all, I would like to take the opportunity to mark the occasion of Coverpoint’s purchase by JLL in November 2014. For the first time in 21 years, I will have a “boss” and while it is still very fresh, the whole team is having fun and looking forward to the future.

CHRISTMASWORLD ON TOUR

With Christmasworld’s Premium Business Program, participants are treated to a shopping tour of Frankfurt am Main.