retail real estate Archives

Retail real estate: increasing pressure to modernize

September 21, 2023

The German transaction market for retail space recorded a low transaction volume of around EUR 2.8 billion in the first half of 2023 – compared with around EUR 7.8 billion in 2022 as a whole. Overall, it can be seen that online retail is having a negative impact on the development of sales in stationary retail even after the Corona pandemic. However, stationary retail for everyday needs in particular, such as retail parks in residential areas with a high population density, is proving robust and benefiting from the new situation. These trends extend much further than just Germany, as similar patterns can be recognized on other European markets as well.

On the way to the smart store: GRR Report shows opportunities for digitalization in retail real estate

August 22, 2023

Digitalization in the retail sector is in full swing. This is leading both to a changed shopping experience for customers of local suppliers and discounters and to simplified processes in the management and purchase and sale of retail real estate. However, retailers should be mindful of customers’ interests when using artificial intelligence (AI) in sales. While functioning digital systems are important, completely digital smart stores without personal support miss the mark when it comes to consumer needs. This is shown in the third GRR Basic Retail Report, which GRR Group is presenting with its cooperation partner Savills.

Trei raises 73,5 Million Euros in cross-border financing arranged by pbb

June 29, 2023

Trei Real Estate (“Trei”), secured another debt financing arrangement: The loan by Deutsche Pfandbriefbank AG (“pbb”) amounts to 73,5 million euros and has already been paid out.

Signa Sports records losses in the millions and warns of possible closure

June 29, 2023

According to Signa Sports´ recent report, the company needs additional financial injections from the Signa parent company, and is also dependent on the extension of a loan. Otherwise, the company is threatened with closure.

Chainels and Blue Module Partnership is Paving the Way in Revolutionizing ESG Reporting in Real Estate

June 28, 2023

ESG is becoming increasingly crucial for tenant satisfaction, retention, and value creation in real estate investments.

Evolve Estates acquires Grays Brewery Quarter in Chelmsford

February 16, 2023

Evolve Estates has acquired Grays Brewery Quarter – a significant mixed-use retail and leisure property in the heart of Chelmsford, Essex.

MEC’S CONSTRUCTION BUSINESS CONTINUES TO GROW

January 26, 2023

MEC, the retail real estate specialist and German market leader for the operation of retail parks, has successfully completed 48 general planning projects in 2022. MEC’s Technical Property Management (TPM) team was given 36 contracts for complex construction measures at central locations.

OXYGEN APPOINTS STÄRKA TO BOOST NATIONAL EXPANSION

December 19, 2022

The UK’s indoor family activity brand, Oxygen, has appointed Stärka, the leisure real estate advisory business, to support the brand’s expansion throughout the UK. Stärka’s brief is to secure strategically located sites of between 1,858 sq m to 2,787 sq m owned or managed by landlords that are looking to provide a unique experience for their customers and visitors.

UNION INVESTMENT ACQUIRES HYPERMARKET IN LISBON, PORTUGAL’S LARGEST SHOPPING CENTER

December 12, 2022

Union Investment has acquired the Continente Colombo hypermarket operated by food retailer Sonae MC in the Portuguese capital, Lisbon. The hypermarket possesses an extensive foyer featuring various service, retail, and restaurant units and covers a total area of 23,445 sq m.

NEW RETAIL REAL ESTATE DATA FROM HYPERIN SHOWS HOW SHOPPING MALL TENANTS ARE INCREASINGLY ATTRACTING CUSTOMERS WITH GREEN ADS

November 29, 2022

Finnish retail real estate tech company HyperIn’s latest mall retailer data shows that sustainability-related tenant offers have risen significantly in 2022, with the word green appearing in up to four times as many offers over the last year. The trend is an indicator for retailers on ad targeting, pointing towards an increasing share of ads for green products and experiences.

EVOLVE ESTATES ACQUIRES IPSWICH CITY CENTER SHOPS, ENGLAND

November 21, 2022

Evolve Estates, the English-national commercial property and investment company has acquired a city center retail portfolio in Ipswich, marking its eleventh significant acquisition this year.

INVESTMENT IN RETAIL REAL ESTATE IN EUROPE CONTINUES TO RECOVER WITH A TOTAL OF 44.2 BILLION EUROS INVESTED OVER THE LAST TWELVE MONTHS

November 18, 2022

With a total of 44.2 billion euros invested over the last 12 months, investment in retail assets in Europe continues to rally. This significant increase of +20% is higher than for offices or logistics.

Cookie	Duration	Description
cookielawinfo-checkbox-advertisement	1 year	Set by the GDPR Cookie Consent plugin, this cookie is used to record the user consent for the cookies in the "Advertisement" category .
cookielawinfo-checkbox-analytics	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional	11 months	The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
CookieLawInfoConsent	1 year	Records the default button state of the corresponding category & the status of CCPA. It works only in coordination with the primary cookie.
elementor	never	This cookie is used by the website's WordPress theme. It allows the website owner to implement or change the website's content in real-time.
viewed_cookie_policy	11 months	The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.

Cookie	Duration	Description
_ga	2 years	The _ga cookie, installed by Google Analytics, calculates visitor, session and campaign data and also keeps track of site usage for the site's analytics report. The cookie stores information anonymously and assigns a randomly generated number to recognize unique visitors.
_gat_gtag_UA_135750163_2	1 minute	Set by Google to distinguish users.
_gid	1 day	Installed by Google Analytics, _gid cookie stores information on how visitors use a website, while also creating an analytics report of the website's performance. Some of the data that are collected include the number of visitors, their source, and the pages they visit anonymously.

retail real estate