Advertisement

Ticker

THE LATEST PLACEMAKING NEWS

ICON Outlet at The O2, the UK’s first urban outlet developed by AEG and Crosstree Real Estate Partners has announced the opening of Brooks Brothers, America’s oldest retailer.

With an investment of 52 million euros, Jardín Plaza Cúcuta opens its doors to the public as the city’s largest shopping centre. With its 40,000 sq m and open-air design that highlights the region’s culture, Jardín Plaza will offer the inhabitants of Cúcuta a unique experience.

Klépierre, the pan-European leader in shopping centers, has become the largest real estate portfolio in the world (by value) to be BREEAM In-Use certified for sustainable management. The Group has gone beyond the traditional asset per asset certification approach to adopt a full-portfolio one thanks to an innovative, long-term partnership with BRE, the certification body, and Longevity Partners, an advisory firm specialized in energy and sustainable property investment.

Lendlease and Invesco Real Estate, the global real estate investment manager, have announced that Skechers, the global lifestyle and performance footwear brand, has signed for a brand-new store at Queensgate in Peterborough.

VIA Outlets – the fast growing owner-operator of premium outlet shopping destinations in Europe – reports strong results for 2018, boosted by increased footfall (+3.5% year-on-year)* and an increase in the average spend per guest (+5.6% year-on-year)*. This positive performance has been achieved amidst the current challenges facing the retail sector.

Lifestyle Outlets, part of Peel L&P, is driving growth across its successful experience-led outlets portfolio with £150m of further development and are looking to accelerate this growth by bringing in a new strategic investor.

Cracovia Outlet Center, KG Group’s flagship development project, is being built in Krakow as part of a multifunctional commercial zone. The developer is designing a concept which is mainly focused on the optimization of purchases. The outlet center will be located on one common area with other commercial facilities. As a whole, it is being implemented with the view of maximizing shopping convenience for future customers.

Construction works of the Acteeum Group and Equilis Polska joint project – Galeria Chełm – have just begun. Investors have signed a contract with KARMAR S.A. which is becoming the general contractor of the project. Galeria Chełm with a GLA of 17.5 thousand sq m will be the first shopping center in Chełm and at the same time the first joint venture of both investors.

European commercial real estate investment volumes reached a record high of €312 billion in 2018, according to the latest data from leading global real estate advisor, CBRE. This represents a 0.3% increase on 2017, which was previously a record, when total investment volumes reached €311 billion.

Shaftesbury has announced that three independent, specialist retailers totalling 5,000 sq ft are joining Seven Dials, enhancing the unique character of the shopping and lifestyle destination in the heart of London’s West End.

Soon, former Karol Scheibler’s factor on Tymienieckiego street, in Księży Młyn neighborhood, will become an open and friendly part of Łódź, a comfortable for living, work-inspiring and leisure-attractive place. Its developer, Echo Investment, starts the revitalization of this post-industrial compound.

Sloane Stanley has announced the launch of The Wardrobe Workshop, an independent pop-up for pre-loved and new fashion items. The brand will be trading from February 25 to March 10 at 325 King’s Road, in the heart of Chelsea.