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.
Multi Corporation has refurbished and extended Forum Palermo. The project included an extension of the food court, a reclassification of store space, new anchor stores and an investment in energy savings. These proactive asset management initiatives have resulted in higher rental income and sales, whilst reducing energy consumption, and driving operational efficiency.
Multi Corporation has completed the refurbishment of Allee Center in Budapest, enhancing the interior and exterior design, leading to an improved customer experience. The entire renovation cost amounted to almost 18 Euro million, including a significant investment in sustainability to pave the way to carbon neutrality
Over 80% of the redevelopment of Atrium Promenada in Warsaw is now pre-leased. Upon completion, the refurbished flagship will house over 150 retail and service units in the latest concepts. The completion of the renovation is scheduled to open in the second quarter of 2023.
Peek & Cloppenburg will open a large two-level store in 2023, as part of the Atrium Promenada’s continued refurbishment and repositioning. It will be the fashion retailer’s tenth store in Poland, occupying 3,450 sq m.
For almost 45 years, the shopping center southwest of Cologne with around 150 stores has enjoyed sustained popularity. On behalf of Deka Immobilien Investment GmbH, kplus konzept developed a new design concept for the center’s public areas.
The important anchor tenant of the popular hybrid center at Cologne’s Neumarkt has extended its lease and is investing in a comprehensive modernisation and redesign of its sales premises. After the remodelling, the “Mayersche bookstore” will operate under the new Thalia brand name.
Deutsche Immobilien-Gruppe (DI Group) is now investing more than €12 million in the expansion and renewal of its shopping center “Rathaus Center Pankow”. The extension will create about 2,100 sq m, 7% more space.
After they were able to win tegut… as a new tenant last year, C&A is the center’s next anchor tenant. The fashion retailer will move into the 1,900 sq m space on the ground and upper floors in fall of 2022.
Atrium’s flagship shopping center in Warsaw (Poland), Atrium Promenada, begins the next stage of its redevelopment. The investment aims to refurbish the second part of the shopping center, the first one was completed in autumn, 2018.
Mitiska REIM announced the completion of transforming the Retail Centre De Lely, located in the Dutch city of Arnhem. Acquired in July 2018, a 30-month value-add programme has now been completed which has remodeled the look, layout, and tenant mix of the convenience center.
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.
The Shanghai Plaza 66 shopping mall is now the home of a new Bulgari flagship store at Nanjing Road. The new store features a green, jade-like façade designed by MVRDV, made from brass and recycled champagne, beer, and other glass bottles.
The final step in the comprehensive refurbishment of Hamburg’s Quarree shopping center has been completed: On the façade facing Wandsbeker Marktstraße, two eye-catching LED screens have been installed.
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