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ACROSS

Europe

credit: Redevco

Redevco launches pan-European retail parks strategy with €500 million commitment from CBRE Investment Management

Redevco, one of Europe’s largest privately-owned real estate management firms, today announces the launch of its closed-end Redevco European Retail Parks Fund. This new investment vehicle focuses on acquiring and managing high-quality, convenience-led retail parks across Europe and the UK. The strategy is backed by commitments from CBRE Investment Management’s (“CBRE IM”) Indirect Real Estate Strategies, acting on behalf of global institutional investors, as well as co-investment by Redevco.

credit: Dan Dalton / Getty Images - Caiaimage

Discounters Remain Top Choice across All Generations

A recent pan-European study shows that hard discounters like Aldi and Lidl continue to dominate grocery shopping preferences, and that their appeal reigns across different age groups, from Gen Z to retirees.

credit: NEPI Rockcastle

NEPI Rockcastle Research: CEE Retail Markets Outshine Stuttering Western Europe, As Strong Economic Growth And Rising Incomes Buoy Consumers

The disposable income gap between Central and Eastern Europe’s (CEE) economies, which are enjoying solid economic expansion, and stagnating Western European countries is narrowing fast. This is buoying consumer spending in markets like Poland and Romania and attracting international and regional retailers to large modern shopping centers that dominate the CEE’s shopping and experience landscapes, while also offering higher margins and lower costs, NEPI Rockcastle’s latest ‘White Paper for Growth’ research concludes.

“We are Long-term Partners”

BIG was founded in 1994. The company made a name for itself through the development and operation of shopping centers and retail parks, mainly in Serbia and the neighboring countries. The company is now – expanding, and on its way to becoming a European player. The Publisher of ACROSS Magazine, Reinhard Winiwarter in conversation with CEO of BIG Shopping Centers, Hay Galis: