According to Cushman & Wakefield, the total amount invested in commercial real properties will exceed EUR 2.8 billion in 2018.
La Strada Street Mall Concept, one of the main strip mall developers active on the local market, has inaugurated La Strada Street Mall Concept Brașov, the second project completed after La Strada Street Mall Concept Popești Leordeni.
"A workout for the face" is the claim of FaceGym and thus explains in a few words the concept of the premium cosmetics brand.
Casual dining at St James Dover is getting a boost with the addition of two new independent restaurants that are both opening in Dover for the first time.
The 2019 is a year of numerous openings in the largest mall of Khmelnitsky, «Oasis». In the end of January, the renewed Megasport store will open in the shopping center covering a record leasing area for this retailer – 1 400 sq m.
Shaftesbury has announced the opening of Ole & Steen, the Danish bakery, with the brand launching its 3,000 sq ft London flagship at 51 Charing Cross Road. The prime corner unit is part of Central Cross, Shaftesbury’s £15m,48,000 sq ft mixed-use developmentat the heart of London’s West End.
The City of Warsaw and JLL will implement a pilot program aimed at increasing the attractiveness of the Warsaw City Centre in the eyes of potential tenants and customers. The changes will be introduced starting with Marszałkowska and Aleje Jerozolimskie Streets.
Joaquin Jimenez Zabala (49) took over sales management of the shopping center segment in September.
Futureal Group won several awards from the national jury at CIJ Awards Hungary. Etele Plaza was voted “Best Retail Development”, while Grand Corvin by Cordia was awarded as the “Best Residential Development” in Hungary in 2018. The jury voted SZGD Innovation Incubator, a property owned by OTP Real Estate Investment Fund whose construction was managed by Futureal, as the “Best Regional Development” in Hungary.
At this year's general meeting of the German Council of Shopping Centers e.V., the Executive Board presented the new organizational structure of the office to its members.
GTC Serbia was recognized in 4 categories during annual CIJ Awards Serbia & SEE 2018 Gala. The developer was awarded with a title of Best Overall Commercial Developer, and won prizes for Best Future Development, Best Retail Lease, and Best Office Deal of the year.
Grosvenor Europe has unveiled a towering mural of British singer and songwriter, George Ezra at leading retail destination, Liverpool ONE.
The St David’s Partnership, owners of St David’s in Cardiff, one of the UK’s premier retail and leisure destinations, has unveiled the opening of Berskha, the leading international fashion label from Inditex and the brand’s debut in the region.
Longmartin Properties, a joint venture between Shaftesbury and The Mercers’ Company, kicked off festivities last week by launching The Christmas Treats Bazaar for visitors to St Martin’s Courtyard.
Multi Corporation and GEMO HOLDING have sold the Forum Poprad shopping centre in Poprad, Slovakia. The asset has been acquired by the real estate fund of ZFP Investments and MAT Corporation, part of the DBK group. The sellers have been advised by the real estate services provider Cushman & Wakefield. The transaction closed on December 7, 2018.
Sloane Stanley has announced that Designer Exchange, the luxury designer clothes and accessories retailer, has opened on the King’s Road. The 1,352 flagship store is the largest in their portfolio and the first to stock clothing and shoes.
The construction of Colosseum Mall has begun as part of the expansion plan of Colosseum Centre. Located in district 1 of Bucharest and open since 2011, Colosseum is expanding following the last years of increased business and improved market conditions.
ECE advances the development of its centers to digital platforms: Effective today, the “Digital Mall” will be extended to five pilot centers and will thus be available at five shopping centers.
Munich-based ILG Group has bought the remaining part of the Rathaus-Galerie in Dormagen as of December 1, 2018 from a private owner, for the open-ended special-AIF “ILG Einkaufen Deutschland I”.
Citycon has sold shopping centre Sampokeskus in Rovaniemi, Finland to a fund managed by Trevian AIFM. The total purchase price amounts to approximately EUR 16 million, which is close to the asset’s latest IFRS fair value. The transaction was closed on 30 November 2018.