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Acquisition

Designer Outlet Croatia, managed by ROS Retail Outlet Shopping. /// credit: ROS Retail Outlet Shopping

ROS Retail Outlet Shopping Becomes Part Of The French Property Group FREY

ROS Retail Outlet Shopping, the 4th largest European operator with 12 managed outlet shopping destinations in 7 countries, has been acquired by the French FREY Group, a developer, investor and manager, and a real estate company listed on the Paris stock exchange, specialising in the development and operation of open-air shopping centers in Europe.

credit: KaDeWe Group

KaDeWe Discontinues Its Online Business

The luxury department store operator KaDeWe Group is discontinuing its e-commerce business shortly after it was fully taken over by the Thai Central Group.

Kant Center in Berlin, Germany: /// credit: Kintyre

Kintyre And Angelo Gordon Acquire Berlin´s Kant Center

Kintyre has acquired the Kant Center in Berlin Charlottenburg together with its long-standing partner TPG Angelo Gordon. The property was acquired by Credit Suisse Real Estate Fund International as part of an asset deal initiated by CBRE.

ACROSS RETAIL TALK: INVESTORS’ VIEW ON THE PLACEMAKING INDUSTRY – “The window for opportunities is wide open”

“The money is there but is selective” – There are and will always be investments in retail real estate. Investing in retail real estate is particularly attractive since the industry has come through the crisis faster than other asset classes. In the latest ACROSS Retail Talk, “Euphoria, a new dawn, or more of the same?” sheds light on the investor’s perspective for 2024, a high-caliber panel concluded: There are more opportunities than ever, not only in the CEE-market, but also in so called struggling markets like Germany and Spain.

"Fünf Höfe", Munich, Germany /// Image: Fünf Höfe

Union Investment Is Selling “Fünf Höfe” In Munich

According to the German Süddeutsche Zeitung, Union Investment wants to sell the shopping arcade “Fünf Höfe” in Munich´s old town center to one of Germany’s richest families. The purchase price is expected to be just under 800 million euros.

credit: MK Illumination, AM Experience Group.

MK Illumination Acquires AM Experience Group: A Strategic Move For Diversification And Growth In Iberia

MK Illumination, the global leader in festive decorative lighting, headquartered in Innsbruck, Austria, has announced the successful acquisition of 100% of the capital of AM Experience Group. This strategic move, finalized on January 30, represents a significant achievement for MK Illumination, positioning the company for enhanced diversification and business growth in the Iberian region.

credit:Lloyd

Swiss Arklyz Group is the new owner of Lloyd

Arklyz Group AG, based in Stans, Switzerland, will strategically align the company in the wholesale and omnichannel sector in future and also drive forward its internationalization.

dr. barbara sturm 740x400

Puig acquires cosmetics brand Dr. Barbara Sturm

Puig has announced the acquisition of a majority stake in the German molecular cosmetics brand Dr. Barbara Sturm. Founder Dr. Barbara Sturm will retain a minority stake and continue to hold the position of Chief Product Development Officer.

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THE RETAIL AND HOTEL INDUSTRY - A LONG-LASTING LOVE STORY?
From fashion capitals selling luxury products to bustling marketplaces peddling local goods, the shopping available at certain destinations is a powerful draw for many tourists. Shopping and vacations have always been closely linked. In the same way, the retail and hotel asset classes have always been interdependent.
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