Ticker Archives - Page 68 of 190

MULTI CORPORATION PROMOTES LUCA MAGANUCO TO SENIOR MANAGING DIRECTOR

January 19, 2023

Multi Corporation has promoted Luca Maganuco, an industry expert with over 20 years of retail real estate experience, to Senior Managing Director.

The Future is Now! – ACROSS Study Tour to Lisbon 2023 // May 18th to 19th

January 19, 2023

ACROSS presents: Exclusive Study Tour to Lisbon. The world metropolis has always been a center for commerce and marketplaces. Together with Rüdiger Pleus Consulting and the Portuguese Shopping Center Association APCC – Associação Portuguesa de Centros Comerciais – we will examine on May 18th and 19th 2023 how Lisbon promotes innovations and shapes the future of retail.

LIVINGSTON DESIGNER OUTLET, SCOTLAND, GOES BACK TO THE PAST FOR ITS FUTURE

January 16, 2023

The designer outlet located in Scotland has posted impressive trading figures for the year just gone and has already continued the results into 2023.

HERITAGE HAT BRAND STETSON CHOOSES SEVEN DIALS FOR UK FLAGSHIP DEBUT

January 16, 2023

Shaftesbury has announced the signing of heritage hat brand, Stetson, as their first UK flagship in Seven Dials. Positioned in London’s West End at 58 Neal Street, the new store will span 108 sq m and include an eclectic range of the brand’s signature styles.

UNION INVESTMENT’S REAL ESTATE BUSINESS SEES STEADY GROWTH IN 2022 EVEN AFTER INTEREST RATE HIKES

January 13, 2023

Union Investment has used the capital resources of its real estate funds to continue investing in portfolio diversification and profitability in the past year. In 2022, Union Investment generated net capital inflows of 3.3 billion euros across its retail and special funds.

KGAL’S NEIGHBORHOOD QUARTER “PERLACH PLAZA” IN MUNICH, GERMANY, GETS OFF TO A FLYING START

January 13, 2023

In August 2020, KGAL Investment Management acquired “Perlach Plaza” as a forward deal from project developers CONCRETE and BHB Bauträger GmbH Bayern, for a total investment cost of around 250 million euros on behalf of three institutional investors.

REDOS GROUP ACQUIRES MARIENDORFER DAMM SHOPPING CENTER, GERMANY

January 13, 2023

The redos Group has acquired the “Mariendorfer Damm” commercial center in Berlin’s Tempelhof district. The property was acquired as part of an asset deal for Union Investment’s special Alternative Investment Fund (AIF) called “Redos Einzelhandel Deutschland III”.

MIPIM LAUNCHES ROAD TO ZERO AREA

January 12, 2023

MIPIM, the world’s largest international real estate event, has launched the Road to Zero Area to accelerate the transformation of the built environment towards a more sustainable model. The new dedicated 400 sq m zone will combine exhibition, networking, and conference space, focusing on practical methods to decarbonize the real estate industry.

CENTRE:MK HOSTS JOHN LEWIS & PARTNERS POP-UP SALE EVENT FROM 13TH – 15TH JANUARY

January 12, 2023

John Lewis and Partners are bringing a unique big sale event outside of their store in centre:mk, with a special furniture-and-large-electricals pop-up, in addition to their January sale. With more bargains from top brands to be had, the event will run over 3 days, from 13th to 15th January, with up to 40% off sofas, furniture, and large electrical goods.

ETELE PLAZA IS THE FIRST TO OBTAIN THE BREEAM “VERY GOOD” CERTIFICATION IN HUNGARY

January 12, 2023

Etele Plaza has received the BREEAM “Very Good” certification in the Retail category. Due to its sustainable solutions, Futureal’s development is the first shopping center in Hungary that has obtained one of the highest green building ratings in the construction phase.

5 NEW NEIGHBORHOOD CENTERS, TWO IMPORTANT AGREEMENTS, AND A STRATEGIC PARTNER: ADG GROUP SHARES 2022 RESULTS

January 12, 2023

In 2022, ADG group opened five more neighborhood centers and settled three new deals with strategic partners amid a turbulent market and uncertain economic environment.

MULTI CORPORATION ACQUIRES BURGER KING LOCATION IN ZUIDPLEIN SHOPPING CENTER ROTTERDAM, THE NETHERLANDS

January 12, 2023

Multi Corporation has announced the acquisition of a Burger King restaurant in Rotterdam, the Netherlands, which was bought from a private investor. This marks Multi’s fourth retail acquisition since the management buy-out in March last year. Multi was advised by Dutch Properties Group.

THE CZECH MARKET WELCOMES 38 NEW BRANDS

January 11, 2023

The Czech retail market once again proved its appeal to retail brands, with 38 new arrivals last year. That is the same figure as in 2021 when the influx of 38 new brands was partly the result of the postponement of some entries due to the pandemic. These numbers represent a roughly 50% increase compared to 2019 (22 brands) and 2020 (25 brands).

EVOLVE ESTATES ADDS NEW DEVELOPMENTS TO ITS RETAIL PORTFOLIO

January 11, 2023

Evolve Estates has kicked off 2023 with the acquisition of a retail and leisure development and a town center precinct.

THE BOULEVARD IN BANBRIDGE, NORTHERN IRELAND FINISHES 2022 WITH THE STRONGEST SALES ON RECORD

January 9, 2023

After what was predicted to be a gloomy time for retail, The Boulevard in Banbridge finished out 2022 bucking national retail trends with record sales and footfall figures, signaling the strength of the outlet model.

THE O2 CELEBRATES A SUCCESSFUL YEAR OF TRADE ACROSS THE DESTINATION

January 9, 2023

The O2’s Entertainment District and shopping destination, Icon Outlet, which are owned and operated by Waterfront Limited Partnership, a joint venture between AEG and Crosstree Real Estate Partners, are looking ahead to a successful 2023, following a year of strong performance results and several, notable new brand signings and openings in 2022.

THE LIGHT SHOWS SUCCESS AT MK ILLUMINATION

January 9, 2023

MK Illumination has achieved a sales growth of 14% despite challenging times and celebrates the most successful year in the company’s history. The significant growth from 140 to 160 million euros underlines the importance of lighting for the mood of people around the globe. Whilst keeping its sales stable in its home markets, MK Illumination has recorded strong growth worldwide in Scandinavia, the USA, Mexico, the Emirates, Saudi Arabia, and Turkey, with a renewed lighting focus in Manhattan, New York.

LCP’s growth continues with acquisition of Essex retail park

January 9, 2023

The LCP Group has acquired a new retail park in Harwich, Essex – marking more than 20 retail acquisitions in 12 months.

IMMOFINANZ: Strong growth to approximately 170 locations with high-yield retail portfolio

January 9, 2023

IMMOFINANZ has expanded its high-yield and fully rented retail portfolio in the 2022 financial year. As a result of acquisitions and completions, the portfolio has grown from 111 to 169 locations in ten European countries over the course of the year, with a carrying amount of approximately EUR 2.3 billion (excluding S IMMO). Rentable space increased by nearly 30% to approximately 1.36 million sq m.

ESG by MPC – WITH AND FOR THE COMMUNITY

January 9, 2023

“By investing in human capital, business development and sustainable business strategy, a crisis cannot meet you unprepared”, states Jovana Cvetković, Development, Technical Operations and Innovations Director at MPC Properties. Investing in ESG on all levels is key in 2023 for companies like MPC Properties.

PRIMARK OPENS FIRST STORE IN ROMANIA, PARKLAKE SHOPPING CENTER, AND NOW OPERATES IN 15 INTERNATIONAL MARKETS

December 21, 2022

International fashion company Primark opened its first store in Romania on December 15th at the ParkLake Shopping Center in Bucharest. With an investment of over 10 million euros in the new store and the creation of hundreds of jobs in the local economy, the opening marks an important milestone for Primark, which is entering its 15th market internationally.

RAILPEN ANNOUNCES THE RELOCATION OF SKECHERS TO CALEDONIA PARK, SCOTLAND

December 20, 2022

Railpen, one of the largest pension managers in the UK, has announced the upsize of Skechers, the lifestyle and athletic footwear brand, at Caledonia Park, Scotland’s designer outlet village. Skechers has increased the size of its store by over 93 sq m.

MARKS & SPENCER ANCHORS SOUTH JOHN STREET, ENGLAND, AS IT JOINS LIVERPOOL ONE

December 20, 2022

Grosvenor has announced that leading British retailer, Marks & Spencer (M&S), is to join Liverpool ONE, anchoring South John Street in two floors of the former Debenhams. Set to open in mid-2023, M&S is relocating from Church Street to create a 9,290 sq m store in a move that reaffirms the brand’s commitment to the city center.

HAMMERSON SIGNS LANE7 AT THE BULLRING ESTATE, ENGLAND, FOR ITS BIGGEST INVESTMENT

December 20, 2022

Hammerson has signed Lane7, the boutique bowling concept, at the Bullring Estate, as it continues to deliver its strategy to reinvigorate its assets through new brands, entertainment, and experiential concepts. The 2,601 sq m space on Link Street will be Lane7 Group’s biggest investment to date and serve as its flagship.

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