Investment Archives

Central Group Takes Over KaDeWe From Signa Group In Berlin

The deal between the insolvent Signa Prime and the Thai Central Group was sealed this week, according to informations obtained by “profil”. The transaction volume is expected to be over 1.2 billion euros.

Multi Has Bought A Majority Stake In UK Specialist Retail Asset And Property Manager Realm

The acquisition signals the return of Multi Corporation to the United Kingdom where it had a significant presence between 2001 and 2021 having developed or managed major retail destinations across the country including the Southgate Centre in Bath, Victoria Square in Belfast, and Glasgow’s St Enoch center. In addition, Multi will also enter Denmark through this investment.

Kering makes the largest transaction ever for a property in Italy

The property is located at Monte Napoleone 8 in the heart of the historic center of Milan.

ACROSS RETAIL TALK: INVESTORS’ VIEW ON THE PLACEMAKING INDUSTRY – “The window for opportunities is wide open”

“The money is there but is selective” – There are and will always be investments in retail real estate. Investing in retail real estate is particularly attractive since the industry has come through the crisis faster than other asset classes. In the latest ACROSS Retail Talk, “Euphoria, a new dawn, or more of the same?” sheds light on the investor’s perspective for 2024, a high-caliber panel concluded: There are more opportunities than ever, not only in the CEE-market, but also in so called struggling markets like Germany and Spain.

Union Investment Is Selling “Fünf Höfe” In Munich

According to the German Süddeutsche Zeitung, Union Investment wants to sell the shopping arcade “Fünf Höfe” in Munich´s old town center to one of Germany’s richest families. The purchase price is expected to be just under 800 million euros.

Universal Real Estate Survey: Germany’s institutional investors are looking to expand their real estate portfolios on a global scale

Institutional investors in Germany are facing a significant shift in their real estate investment strategies, as revealed in the twelfth annual survey by Universal Investment. The survey among German institutional investors sheds light on the evolving landscape of real estate allocations and investor preferences, indicating a strong appetite for diversification beyond national borders and a growing recognition of the role of real estate as a hedge against inflation.

PUIG to prepare for IPO

The stock market debut is expected to take place before the summer.

Frasers Group takes over online fashion retailer Matches

Frasers Group PLC has announced the acquisition of online luxury fashion retailer MATCHES to strengthen its presence in the luxury fashion sector.

In 2023, Trei Invested around 35 million Euros in Retail Parks in Poland

Trei Real Estate GmbH (“Trei”) just opened the 38th retail park of its Vendo Park brand in Poland. The property is located in Konin, a town of around 80,000 residents in the Greater Poland voivodeship. The new Vendo Park has a lettable area of around 5,400 sq m, with units let to Aldi, Rossmann, Pepco, Dealz, Kakadu, Sinsay and Piekarnia Grochola. On the whole, Trei invested about 6.4 million euros in the property.

Cisalfa takes over Sport Voswinkel from Intersport Germany

The transaction, which includes all 50 Intersport Voswinkel stores and the company headquarters in Dortmund, is to be completed this year. The parties have agreed not to disclose the purchase price.

Frasers Group takes over SportScheck

The binding agreement between the British Frasers Group plc and Signa Retail Department Store Holding GmbH to acquire SportScheck was announced a few days ago.

URW sells Polygone Riviera for triple-digit million amount

Polygone Rivera is the first lifestyle shopping center in France that combines contemporary art and leisure with shopping. It opened in 2015 and has an extremely attractive product range with over 130 brands.

Birkenstock expects to receive up to 1.58 billion US dollars in its IPO

Birkenstock plans to offer a total of nearly 32.3 million shares of its parent company Birkenstock Holding Limited in the IPO, according to a statement from the German footwear supplier.

WHP Global becomes majority owner of G-Star Raw

Including G-Star RAW, WHP Global’s brand portfolio generates more than $7 billion in retail sales, further elevating the company to one of the largest brand management companies in the world.

LVMH eyewear manufacturer Thélios acquires Vuarnet

In 1957, optician Roger Pouilloux co-founded the brand with French alpine skier and 1960 Olympic gold medalist Jean Vuarnet.

German family-owned group Fielmann acquires US optician SVS Vision

Positive performance in European inventory markets and the contribution of new acquisitions in the U.S. have influenced an increase in 2023 guidance.

Rolex takes over Bucherer jewelry chain

The family business Bucherer was founded in 1888 in Switzerland, is in the 3rd generation and is led by Jörg G. Bucherer as Chairman of the Board of Directors. The headquarters are located in Lucerne, the company has more than 2400 employees.

Solution for shoe chain Reno, continuation of traditional brand secured

Reno Schuh GmbH had filed for insolvency at the end of March, and the proceedings for the once second-largest shoe chain Reno Schuh GmbH started on June 1, 2023.

Tapestry acquires Versace, Michael Kors and Jimmy Choo

“The merger will create a new, strong global luxury house,” Tapestry chief executive Joanne Crevoiserat said.

Eurofund Group and Signal Capital Partners joint venture to invest 180 million euros in Rhein Ruhr Zentrum

In its 50th year, Rhein-Ruhr-Zentrum will undergo a transformation into a unique, experiential ‘Shopping Resort’.

LVMH buys Vuitton flagship store building on Champs Elysées

Built in the 1920s by architect Charles Henri Besnard, the building was originally commissioned by Georges Vuitton, the only child of the luxury brand’s founder.

Place of the Week: A new generation loyalty program for İnegöl shopping mall

A metaverse use case in practice: Fiba Commercial Properties and Elyt.net introduced at İnegöl Shopping Mall, Turkey, a metaverse-based, new-generation loyalty program. This makes the shopping center one of the first in the placemaking industry to implement metaverse technology in concrete terms.

“The Metaverse can potentially eliminate the dimension of space for humanity.”

Understanding the term Metaverse is essential to understanding its potential. Ahmet Usta, the co-founder of Elyt.net, explains in this first part of this interview the essentials of the Metaverse in order to form a basis to enter the discussion about the potential of this topic.

“The Metaverse requires a change in both: mindset and business model.”

We truly believe that an in-depth understanding of the term Metaverse is essential to understand its potential. Ahmet Usta, the co-founder of Elyt.net, explains the potential that Metaverse has in practice in this second part of his Metaverse interview with ACROSS.

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