Retail Archives

Sierra German Food Retail Income Fund I completes on the acquisition of 7 supermarkets

March 30, 2023

The fund now comprises 12 assets with high-quality operators in long term leases, representing a resilient, inflation linked, cash yielding portfolio. The Alternative Investment Fund (AIF) primarily invests in food retail real estate in Germany, and targets an institutional investor base.

Generali Real Estate and ECE Real Estate Partner acquire “Pep-Einkaufscenter” in Munich

March 30, 2023

With 70,000 sq m GFA, 137 shops and around 12 million visitors per year, the “Pep” is one of the top 5 shopping destinations in Germany.

German Shoe Retailer Reno Files For Bankruptcy

March 30, 2023

The company filed for bankruptcy just six months after the change of ownership. Reno is after Görtz another shoe retailer that has stumbled in recent times.

“There are opportunities in every market”

March 29, 2023

“It is all about people and opportunities”, states Cristina Santos. The Managing Director of Property Management of Sonae Sierra talked to ACROSS founder Reinhard Winiwarter about the management contract for Prishtina Mall, the company’s principles in property management and the potential of new regions.

Aviva Investors acquires pair of retail assets in Hampshire and Middlesex

March 27, 2023

Aviva Investors announces it has completed the purchase of two retail assets in the south of England, acquiring Hedge End Retail Park in Southampton, alongside the separate purchase of an Asda superstore in Hayes, Middlesex.

Insta Boxes from MK Illumination spreading joy in Rødovre Shopping Center

March 27, 2023

The Rødovre Shopping Center in Copenhagen launched a campaign themed “WOW”, as in “BRING BACK THE WOW” and it was a great success. “WOW”, included 7 different Insta Boxes by MK Illumination placed throughout the shopping center. The design and content of the Insta Boxes are exactly matched to the surrounding of the boxes.

On 30th March, Promenada will reopen to the public!

March 24, 2023

The renovation works at the Promenada shopping center are nearly finished! On March 30th, the shopping center in Warsaw will reopen to customers.

Online shop Sellpy is coming to Berlin’s ALEXA

March 24, 2023

The concept of the winning team in the First Store by ALEXA Vol. 4 retail competition will become reality at ALEXA at the end of March 2023. It is the first stationary Sellpy pop-up in a shopping center.

Successful Retail Open House: Leasing activities at Unibail-Rodamco-Westfield continue to run at full speed

March 24, 2023

Around 900 guests from the retail, gastronomy, leisure and real estate sectors followed the invitation of URW to the two-day Retail Open House in Hamburg. The focus of this year’s Retail Open House was on the presentation of URW’s corporate strategy, the portfolio in Austria and Germany as well as an update on the mixed-use project Westfield Hamburg-Überseequartier.

Trei Sells Portfolio in the Czech Republic and Slovakia to Plan B Investments

March 24, 2023

Plan B Investments acquires portfolio of 60 supermarkets and commercial properties and 10 retail parks. Trei is pulling out of the Czech and Slovak markets, with future development activities to focus on the core markets of Germany, the United States and Poland.

MULTI CORPORATION APPOINTED PROPERTY MANAGER FOR PROMINENT MIXED-USE ASSET IN CENTER OF LISBON

March 23, 2023

Following a tender, Multi Corporation has been appointed property manager for a prominent retail and food & beverage asset in the centre of Lisbon. Multi will be responsible for the day-to-day management of the asset and will work closely together with the owner to implement value-enhancing initiatives.

Special Issue “Outlets – The Industry’s Role Model for Success”

March 23, 2023

We present our Online Special “Outlets – The Industry’s Role Model for Success”.

MK Illumination: Summer is around the corner!

March 22, 2023

MK Illumination presents its new summer collection, providing inspiration and tools to translate the feeling of togetherness into an attractive shopping experience.

Advantail: SNEAKERS CORNER, THE SNEAKER LOVERS MEET-UP RETURNS TO CHANNEL OUTLET

March 22, 2023

Based on the success of the first edition, Sneakers Corner returns to Channel Outlet for a two days event dedicated sneakers and street culture. On the agenda, 550 sq m and more than 3,000 exceptional models will be available for sale.

redos extends rental contracts with OBI at ten locations with a total of 115,300 m2 rental space

March 21, 2023

OBI, the DIY expert in Germany and Europe, and redos, an investor, asset and fund manager specialising in large-scale retail properties, are deepening their collaboration and extending the leases for ten retail properties.

British Land makes further strategic progress in Retail Parks with over 137 million Euro of gross capital activity

March 21, 2023

British Land announced that since the half year results in November, it has completed on the acquisition of three high quality retail parks for a total of 107 million Euro and sold its 50% stake in a retail park in Preston for 34 million Euro.

15 YEARS OF REDEFINING RETAIL PERFORMANCE

March 20, 2023

“What a ‘better everyday life’ means in terms of shopping center experiences has significantly changed over the last 15 years, states Vasco Santos, Global Sales & Leasing Director at Ingka Centres. As a result, the key performance metrics for such spaces have also evolved,” he explains. We might take the same numbers into consideration, but the way in which these numbers should be interpreted is new.

Tirana East Gate welcomes H&M

March 20, 2023

The shopping center is now home to H&M’s first store in Albania.

Eurovea’s finishing touches before the ribbon cutting

March 17, 2023

Eurovea will soon become Slovakia’s largest and widest-ranging shopping center, with 320 shops, restaurants, bars, and cafes covering 85,000 sq m. Work is well advanced on the center and surrounding area to complete construction, approvals, and preparations for the grand May opening.

LIVERPOOL ONE SIGNIFICANTLY OUTPERFORMS UK SALES TRENDS

March 15, 2023

Liverpool ONE has outperformed national trends since the start of 2023, with a 16.5% uplift in sales compared to the same period in 2022.

Three new shops to open at Cwmbran Centre

March 15, 2023

Three new independent retailers are heading to the Cwmbran Centre. A crystal shop, nail salon and hair and beauty salon have all signed up for shops at the busy shopping centre, which is the dominant retail and leisure destination in the South Wales town.

Major differences in the market shares of shopping centers in Europe

March 15, 2023

After the shopping center landscape generally had to endure a lot in the past years, a pretty clear résumé is according to RegioData Research finally on the table: Shopping centers are by no means a phased-out model and will continue to dominate the stationary retail sector in the medium term.

BIG CEE is opening 10th center in Serbia – BIG Pazova!

March 15, 2023

10th BIG Shopping Centers in Serbia is opening on Thursday, 23rd March. First phase of center has GLA of 15.700 sq m, on the plot area of 57,000 sq m.

HMSHost International wins Helsinki contract: four new stores for six years, valued at over 50 million Euro

March 14, 2023

HMSHost International has reinforced its position in the Nordics. Continuing to build on the longstanding collaboration with Finavia at Helsinki Airport in Finland, HMSHost was awarded an additional four stores for a contract term of six years, valued at more than 50 million Euro.

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