retail park

Hunter REIM closed the sale of „Fairway” portfolio to Centerscape Investments. The last property, sold within this portfolio transaction, was a retail park in Toruń.

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.

German non-food retailer, TEDi, and the Austrian chain of sport stores, Hervis, will open their shops in newly emerging retail parks in Romania developed by the Polish company Scallier. In total, the new stores will occupy an area of ​​nearly 5,500 sq m in the facilities located in Timisoara, Vaslui, Mosnita, Turda (TEDi) and in Vaslui and Turda (Hervis).

The retail park in Focsani, which was opened in November last year, received the BREEAM certificate at the Excellent level. A commercial facility with a lease area of 5,000 sq m is part of the network of compact retail facilities developed by the Polish company Scallier in Romania.

The Hahn Group has signed a new lease with Kaufland for the Sterkrader Tor Retail Park in Oberhausen, North Rhine-Westphalia. Kaufland will take over the space of the previously located EDEKA store, whose lease will expire at the end of 2022.

Mitiska REIM has completed the sale of Retail Park Mlyn in Wroclaw to AB Tewox. The retail park was originally acquired in July 2015 on behalf of the First Retail International fund (FRI).

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.

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