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ACROSS

Acquisition

credit:fressnapf

Dutch retailer Jumper is taken over by Fressnapf Group

Following the merger with Arcaplanet in Italy, the investment in ZOOCITY in Croatia and the recent market entry in Romania, the business expansion in the Netherlands marks the company’s next strategic step.

Il Grifone, Bassano del Grappa, Italy. /// credit: SES

SES purchases the IL GRIFONE shopping center in Bassano del Grappa, Italy

SES Spar European Shopping Centers is consolidating its position in the Northern Italian market. With the purchase of the IL GRIFONE shopping center in Bassano del Grappa, located in the highly affluent region of Vicenza/Veneto, the real estate developer and operator takes over a well-established location with immediate effect.

Kortumhaus in Bochum, Germany. /// credit: Holger Peters

HIH Invest Sells Kortumhaus Landmark Building in Bochum

HIH Invest Real Estate (“HIH Invest”) sold a mixed-use office and retail building from the portfolio of a closed-end institutional fund to wohninvest Holding, a company domiciled in Fellbach near Stuttgart.

credit: G City Europe

G City Europe completes purchase in Prague

G City Europe Limited, has completed the purchase of a remaining 25% stake in the Arkady Pankrac Shopping Center in Prague, Czech Republic for a consideration of 60.5 million Euro.

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THE LEVEL OF EXCELLENCE WE SHOULD STRIVE FOR TODAY AND TOMORROW
Originally developed solely to meet the daily needs of consumers, shopping centers quickly became an asset class. The model worked very well for a long time, but as consumer behavior has changed, so have the requirements of tenants, operators and investors. The obvious task to satisfy customers, business partners and stakeholders is: Get your customers to return to your locations. Clear differentiation and positioning as well as a clear focus on people are crucial.
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