Ticker
Mar 14, 2019 12:35

THE SOFA AND CHAIR COMPANY TAKES A SEAT ON THE KING’S ROAD

Sloane Stanley has announced that luxury sofa and bespoke furniture specialists, The Sofa & Chair Company, has opened an exclusive pop-up at 320 King’s Road. The pop-up calls upon established retail partners, from the King’s Road, to create new bespoke showrooms for visitors.

Mar 14, 2019 10:24

Inditex net sales rise 3%, 7% in local currencies, topping €26 billion for the first time

Inditex Group’s net sales rose by 3% in FY18 (1 February 2018 - 31 January 2019) to an all-time high of €26.14 billion, underpinned by growth in all of the Group’s geographic regions. Sales in local currencies grew 7%.

Mar 14, 2019 09:52

Primark opens at Priory Meadow Shopping Centre, Hastings

NewRiver has announced the opening of a new Primark store at Priory Meadow Shopping Centre, Hastings. Primark, a leading international retailer and NewRiver’s sixth-largest tenant by rental income, occupies a unit with a 40,000 sq ft gross internal area and joins a strong retailer line-up at the centre that includes H&M, a recently-enlarged JD Sports, Poundland, Boots and Superdrug.

Mar 13, 2019 12:40

Green Light for Downtown Grantham Designer Outlet

Oldrids & Downtown’s plans for a £125m designer outlet centre in Grantham have been approved by South Kesteven District Council.

Mar 12, 2019 13:50

SHELLEY SANDZER SECURE A SLICE OF GREENWICH FOR FRANCO MANCA

Shelley Sandzer, the leading specialist UK leisure property agency, has acted on behalf of the brand in a deal which will see Neapolitan sourdough pizza brand, Franco Manca, secure its next London location at 29/31 Greenwich Church Street, due to open in April.

Mar 12, 2019 13:40

TOUS opened new shops at Arkády Pankrác in Prague and Olympia in Pilsen

CBRE arranged leases of two new shops to Spanish jewellery brand TOUS. Its new locations are at Arkády Pankrác in Prague and Olympia in Pilsen. These two shops are the 11th and 12th outlets of this successful company in Czechia which came here three years ago. During the cooperation, CBRE helped open as much as half of the brand’s shops in the country. The expansion documents how successful TOUS is on the Czech market.

Mar 12, 2019 11:49

British Land: Board Changes

British Land announces that John Gildersleeve will retire as a non-executive director and step down as Chairman of the Company at the conclusion of this year’s AGM on 19 July 2019. John joined the Board as a non-executive director in 2008 and has served as Chairman since January 2013.

Mar 12, 2019 11:38

Catella: The UK model – Food courts as the key to repositioning German shopping centres

Food courts are taking over German shopping centres. Having originated in the US and the UK, the trend has now arrived in Germany. A comprehensive range of restaurants and cafés is seen as an antidote to booming online retail in sectors such as clothing, shoes and electronic goods.

Mar 12, 2019 10:36

Number of visitors to IMMOFINANZ’s STOP SHOP and VIVO! retail properties rises substantially to over 142 million

IMMOFINANZ recorded strong growth in the number of visitors to its retail properties in 2018: More than 142 million customers visited the STOP SHOP retail parks and VIVO! shopping centers with over 800,000 sqm of rentable space. That represents an increase of roughly 20 million visitors, or 16.7%, over the previous year. On a like-for-like basis, i.e. after an adjustment for acquisitions, sales and completions, the number of visitors rose by 4.8% to approximately 128 million. The retailers operating in the IMMOFINANZ retail parks and shopping centers generated a year-on-year increase of nearly 5.0% in their gross sales revenues.

Mar 12, 2019 10:11

PRIMARK LAUNCHES ITS FIRST RANGE OF JEANS MADE WITH 100% SUSTAINABLE COTTON

Primark has launched its first ever range of jeans made from 100% sustainable cotton. Produced in three different washes (indigo, black and light blue), the women’s skinny jeans will be sold in stores across all markets, at a cost of £13/€17. Primark’s customers are looking for amazing fashion at an affordable price, and this range is no different.

Mar 12, 2019 08:22

Hufvudstaden welcomes Axel Arigato to its new address

In June, Axel Arigato will open at a new address in a Hufvudstaden property in Bibliotekstan, Stockholm. Located at Biblioteksgatan 7, the store will have 130 square metres of retail space.

Mar 11, 2019 08:50

redos Group grows institutional AIF assets to EUR 1.3 billion, increasing in 2018 by more than one third

redos Group, one of Germany’s leading real estate specialists for the retail sector, acquired a total of 18 new properties last year for its two restricted alternative investment funds offered in partnership with Union Investment, the Redos Einzelhandel Deutschland fund and the Redos Einzelhandel Deutschland II fund. With these additions to the fund portfolios, total invested assets rose to approx. EUR 1.3 billion, a year-over-year increase of some 37 per cent.

Mar 08, 2019 07:41

Małgorzata Turek joins the Management Board of Echo Investment

Echo Investment’s Supervisory Board appointed Małgorzata Turek as Member of the Management Board. She will be responsible for investment, divestment and planning department.

Mar 06, 2019 10:16

redos Group strengthens Hamburg based real estate team with three new hires

Hamburg-based redos Group, one of Germany’s leading retail property specialists, has announced three major new additions to its team: Jan Steinhauer (43) as Technical Head, Dr. Till Dunemann (38) as Director and Project Head – Rhein-Ruhr Zentrum, and Mathis K. Freundl (32) as Finance Manager.

Mar 06, 2019 08:35

Yeo Valley to launch first London café in Queensway

The organic dairy producer, Yeo Valley, is opening its first London café this May in Queensway.

Mar 06, 2019 08:21

RATISBONA Asset Management purchases 18 retail properties over six-month period

RATISBONA Asset Management (RAM), an investment and asset management firm specialising in real estate for food retailers, has purchased a total of 18 properties for its RATISBONA Handelsimmobilien Core Plus fund in the six months since its launch.

Mar 05, 2019 13:50

Duty Free company Gebr. Heinemann starts into the fifth generation

For the first time in its almost 140-year history, the globally active Duty Free company Gebr. Heinemann will undergo major structural changes across its entire organization to enable and strengthen global agility and overall strategy.

Mar 05, 2019 09:51

Galeria Chełm enriches its offer with four new brands

Comprehensive offer of Galeria Chełm in Poland, the Acteeum and Equlis joint venture, has been enriched with further four brands. Esotiq, Play, Kantor Promes and ecological laundry will join the tenants’ pool of the first shopping center in Chełm. The new brands will expand the shopping offer and provide an opportunity to meet the customers’ everyday needs in a modern and friendly environment.

Mar 05, 2019 09:37

Bright Lights, Big City: The Bullring Estate shines a light on Birmingham with spectacular festival

The Bullring Estate, Birmingham’s iconic shopping destination that comprises the Bullring, Grand Central, and Link Street, is hosting an awe-inspiring Festival of Light, running from Friday 1st March to Sunday 10th March.

Mar 05, 2019 09:25

ST DAVID’S FOOTWEAR SALES STEP UP AS ECCO CREATES NOISE WITH UPSIZE

The St David’s Partnership, owners of St David’s in Cardiff, one of the UK’s premier retail and leisure destinations, has announced a newly upsized store for Danish shoe retailer, ECCO. The brand has moved to a new store on Upper Grand Arcade near John Lewis.