BIG CEE and RC Europe have reached an agreement on the sale and purchase of two retail parks in Serbia, NEST Obrenovac and Nest Kraljevo. Process of transaction went smooth and was facilitated by CBRE.
Equilis has announced the implementation of Spain’s most extensive solar community at Nexum Retail Park in Fuenlabrada, Madrid. The self-sustaining system allows up to 1,100 nearby households to access 100% renewable energy all without the need for personal installation or investment.
Many of the headwinds that have buffeted the global economy over the past 12 months remain very much at the forefront of investors’ minds. However, in tandem with this, investors like Mitiska REIM are also seeing a number of structural tailwinds in support of retail parks and wider convenience real estate.
Shell Deutschland GmbH and the redos Group are jointly promoting the development of charging infrastructure for electric cars at retail parks and other retail locations in Germany. To this end, up to 8 DC charging points will be installed at each of 57 locations across Germany in the coming years. The fast and ultra-fast charging points at the parking lots, which are supplied with 100 percent green electricity, offer a charging capacity of 150 to 400 kW.
The retail park: a cornerstone of modern consumer culture that has long been a popular destination for shoppers seeking convenience, variety, and an all-in-one shopping experience. As technology and consumer preferences continue to evolve, the future of retail parks faces both challenges and exciting opportunities. Joseph Jarvis, Content Marketer at Chainels, explores how retail parks are likely to adapt and innovate to remain relevant in the rapidly changing retail landscape.
Despite the current unfavorable economic situation in Poland, retail parks are still growing rapidly. Nevertheless, Trei Real Estate Poland has built and opened 35 retail parks under the Vendo Park brand, and has another three scheduled to open later this year. The company may even say that in the face of many market challenges business is going very well.
Trei Real Estate GmbH just opened another retail park of its Vendo Park brand in Poland. It is located in Mielec, a small town of around 61,000 residents in the Podkarpackie or Subcarpathian voivodeship in south-eastern Poland.
The redos Group, an investor, asset and fund manager specializing in large-scale retail properties, has acquired the “Südring Center Rangsdorf” retail park in Rangsdorf near Berlin as part of an asset deal.
Trei Real Estate GmbH (Trei), together with Jones Lang LaSalle Poland (JLL), has published a new market report on “Retail parks and local shopping centers in Poland”. The key findings are: Within the overall retail segment, investor interest is focused on retail parks, local suppliers, hardware stores, and food markets.
Pradera secures first place for Pradera European Retail Parks SCSp (‘PERP’) in its peer group in the core European retail warehouse sector and maintains four green stars for recording a score of 82 points in the 2022 Global Real Estate Sustainability Benchmark (‘GRESB’) real estate assessment.
Greenman OPEN with more than a billion euro worth of assets under the management of one of the biggest investment funds in Germany with a focus on food retailers, plans the opening of mixed-use retail parks which will possess an overall volume of around 215 million euros in partnership with Schoofs Real Estate Frankfurt.
The retail park with a leasable area of 9,000 sq m was opened in Turda on the 22nd of September. It is the fourth retail facility by the Polish company Scallier, which is developing a network of retail parks in Romania.
Mitiska REIM, a leading specialist investor in European convenience real estate, has announced the opening of Ninouter, a retail park with a CO2-neutral building in operation in the Belgian city of Ninove, located 30 kilometers west of Brussels.
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.
Redevco has acquired a majority stake in redos, the Hamburg-based large-scale retail and urban logistics property investment specialist. Acquisition is aligned with Redevco’s mission to be a trusted partner in creating more sustainable and liveable cities.
Mitiska REIM announces the opening of a new retail park in the city of Pulawy in eastern Poland. Originally a Tesco hypermarket, the site has now been transformed into a modern food-anchored retail park, designed to achieve a “Very Good” score on the BREEAM scale.
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.
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