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Expansion

The Californian athleisure brand Alo Yoga is continuing its UK expansion with two new stores set to open later this year, one each at Seven Dials in London, and 75 Brompton Road.

Primark is opening its first store in the Hungarian capital, Budapest, thus securing its 17th market, and marking a significant milestone in the retailer’s ambitious expansion plans across the CEE region. The first Primark store will be located in one of the city’s largest shopping centers, Arena Mall, and is to open on May 28, 2024.

Lidl GB has announced plans to open hundreds of new stores across the country, creating thousands of new jobs. This follows a year of significant investment in its infrastructure to further strengthen operations, during which Lidl opened its largest global warehouse in Luton.

Spanish clothing manufacturer Mango was founded 40 years ago in Barcelona. This year, the company wants to push ahead with its global expansion – despite the economic uncertainties that have severely affected other players in the clothing industry.

Woolworth is pressing ahead with its expansion and plans to open up to 150 new stores in Germany just this year. In an interview with the German “Handelsblatt”, CEO Roman Heini said that there should be over 2000 stores in five years.

Supported by a strong performance across its 12 premium outlet destinations, ROS Retail Outlet Shopping is focused on upgrading its brand mix. The European operator, together with partners, is set to further grow its portfolio with center extensions in Designer Outlet Gdańsk, Designer Outlet Algarve, and Designer Outlet Croatia, and the new development Designer Outlet Kraków.

VIA Outlets officially opened the 4,000 sq m extension to its Sevilla Fashion Outlet yesterday, culminating a 30-million-euro project to modernize and evolve the center since its acquisition in 2016. With the recent extension, a 17-million-euro investment that includes a spectacular glass-covered gallery, Sevilla Fashion Outlet now offers 20,000 sq m of prime commercial space.

ECE is further developing the G3 Shopping Resort Gerasdorf near Vienna and is expanding the offer and tenant mix of the center with its more than 130 stores with new retail, product testing, and experience areas. The aim is to create a unique sport and outdoor focus – on a 5,000 sq m indoor sports retail area and a 3,000 sq m outdoor sports area – as an additional attraction for the center.

Commercial property and asset management specialist, ESTAMA UK, has appointed Jackson Molyneaux as the new Leasing Administrator for the agency, helping to support its property management team as it continues to experience an extended period of growth throughout 2022.

The UK’s first choice indoor family activity brand, Oxygen, has announced the acquisition of regional trampoline operator, RedKangaroo. Oxygen will continue to operate RedKangaroo’s sites in Reading, Nottingham and Coventry, UK under the RK brand with the view to integrating them into the Oxygen brand in the months ahead.

The pandemic has confirmed the resilience of Immofinanz’s low-cost retail formats and has resulted in the introduction of new concepts. Immofinanz Board Member Dietmar Reindl spoke with the publisher of ACROSS Magazine, Reinhard Winiwarter, about the resilience of retail relationships, the need for more service, and the company’s expansion plans.

Today, the expanded part of the Supernova Ljubljana Rudnik shopping center was opened. The investment in the extension amounted to €70 million. The center now covers 50,000 sq m and includes 109 stores, 50 of which are new, 7 cinemas, 19 restaurants and bars on two floors with terraces, 2 indoor amusement parks, outdoor playgrounds, a fitness center, and 2,552 parking spaces, including 1,800 in the parking garage.

AG Real Estate is on the verge of completing the extensive renovation and extension works it started in 2019 in Westland Shopping Center in Anderlecht (Belgium). The program includes the arrival of a large department store and a number of new retailers, the expansion of the Food & Beverage offer, and the creation of a leisure center of over 4,000 sq m.

The multifunctional Norblin Factory opened in September last year and is gaining more and more tenants. The project’s investor, the Capital Park Group, has signed lease contracts with another six concepts which will soon join the revitalized complex at Żelazna Street.