departmentstore

Mixed-use: Redevco starts the refurbishment of its iconic edifice Boulevard Haussmann 49 in Paris

March 14, 2023

Urban real estate company Redevco is starting the refurbishment of its generational asset, held for more than 30 years: a contemporary project that responds to current commercial practices and that is taking place on one of the capital’s major arterials, opposite the big department stores and in a must-see district in which tourists and Parisians converge.

Galeria Karstadt Kaufhof to Close Nearly Half of All Stores in Next Year

March 14, 2023

Galeria Karstadt Kaufhof reportedly wants to close 40% of its remaining stores. Germany’s last major department store plans to shut the stores in two phases, with the first closing down at the end of June and the rest at the end of January.

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