Brookfield Properties has concluded a strategic deal with Manifesto Market to join the redesigned Potsdamer Platz in Berlin. Both were supported by ECE Marketplaces. Manifesto will operate a flagship food hub of 4,400 sq m.
Smil, a next-generation dental surgery, has opened its doors at Dockside Outlet at Chatham Maritime in Kent (UK). The letting to a service provider follows on from a series of recent lettings to Beauty Outlet, The Fragrance Shop, and Pad Thai Restaurant at the 13,935 sq m center anchored by The Range.
KGAL has acquired the Charles Square Center in Prague with retail, office space, gastronomy, and healthcare for a pan-European special AIF. The downtown retail and office complex with a total of nearly 20,000 sq m of leasable space has a number of international tenants. The seller of the property was Commerz Real.
Hines, on behalf of Bayerische Versorgungskammer (BVK), has signed a €50 million green loan with CaixaBank as part of a new financing package for its flagship Preciados 13 project in Madrid. In 2017, the mixed-use building was acquired by Hines on behalf of BVK Highstreet Retail Preciados S.L.U.
TORG International will collaborate with Start Concept on leasing the first outlet in Brussels. Construction of the entire project is well advanced with an opening planned for late 2023.
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.
Supersam, a shopping destination and office building in the city center of Katowice (Poland), is undergoing a transformation. The mixed-use property will be modernized and expanded.
IPH Centermanagement has taken over the center and leasing management mandate for the City Galerie in Aschaffenburg, a property with over 57,000 sq m of commercial floor space.
MVGM has been commissioned with the center management for Lili in Wiesbaden. The mixed-use object in the Hessian capital covers an area of around 37,000 sq m. The former Lilien-Carré has been named Lili since 2019 and owned by a fund sponsored by Orion Capital Managers since the end of 2014.
HIH Invest Real Estate acquired Warnow Park in Rostock (Germany) on behalf of an individual mandate given by an institutional investor. The district center in the Lutten Klein district was sold by Highstreet VIII, a retail property fund managed by Corestate.
Flannels and H&M have committed to opening their Irish flagship stores at Clerys Quarter. The development is due to open in Q4 2022, with an extensive food and beverage offering to complement retail units and Grade A offices.
Niam has acquired Väsby Centrum and Bålsta Centrum, both with strategic locations close to important commuter hubs in northern Stockholm, from Grosvenor Europe. The properties have a variety of necessity driven retail such as grocery, healthcare, and restaurants.
On behalf of one of its investor clients, Redevco has purchased Templars Square in Oxford for €42.5 million from New River. The 1960s local shopping centre is to be transformed into a landmark residential-led mixed urban scheme over the next decade.
The construction of the project developed by UBM Development and Paulus Immobilien is entering the implementation phase.
Signa and ARE Austrian Real Estate recently received building permits for the 155-meter-high mixed-use tower and an office building. This clears the way for the completion of the Vienna Twentytwo urban quarter, which has been under construction since 2019.
In a joint venture, Garbe Immobilien-Projekte and Terragon have acquired a residential building in Westfield Hamburg-Überseequartier. Together with Unibail-Rodamco-Westfield, they are now working on the urban development within the mixed-use quarter.
Ingka Centers revealed plans for a major new IKEA anchored mixed-use development in Gurugram, a city southwest of New Delhi, in the state of Haryana.
EDGE announces the successful delivery of its eye-catching 75,000 sq m mixed-use development Valley, designed by MVRDV, to owner RJB Group of Companies. EDGE has won the tender in 2015 and started construction in 2017 with the ambitious goal to bring a new dynamism to Amsterdam’s Zuidas.
Revetas Group has shifted its entire portfolio of assets in Romania to renewable energy as a continuation of the company’s commitment to ESG practices to support the collective efforts of reducing the impact buildings have in local communities.
Work on the project in the middle of the inner-city Allerheiligenviertel district has begun after the building permit was issued. The development of the new urban quarter is officially beginning, which represents a modernization boost for the aging district.