Advertisement
Search
Close this search box.

Search Results for: real estate – Page 40

Shopping areas, which owe their appeal, in part, to the vibrant atmospheres that are generated by larger crowds, are currently constrained by the safety measures that have been put into place as a result of Covid-19. Well-curated music can be used to fill the vacuum. Arndt-Helge Grap, Managing Director of Radiopark, understands this, and much more, all too well.

Immofinanz is not only on a growth course throughout Europe with its office and retail solutions but is now expanding its real estate offering to also include affordable and sustainable housing. With Top on STOP, single-storey STOP SHOP retail parks will be overbuilt to create low-price, resource-friendly housing and to create up to 12,000 new apartments over the medium-term.

With 10 days to go, the MIPIM September Edition programme is complete and will feature a line-up of high-end property industry professionals. MIPIM September Edition will mark the return of face-to-face meetings and feature as the major international real estate and city event of the autumn season.

The makeover of the Westland Shopping Centre on the west side of Brussels is picking up pace. While the interior of the mall is nearing completion, visitors can already see that future interaction areas will be installed in the shopping centre: spaces dedicated to break time (Sunset Plaza), terraces (Aviary 2.0) and the creation of a central square (Westland Event) to host programmed events.

M.Sc. (Tech.) Antti Pelli will start 1. September as a Senior Director in JLL Finland’s Capital Markets team. Antti has over ten years of experience in the real estate industry and has previously worked, e.g., on Genesta and Sponda managing significant office portfolios.

And, according to Herman Jan Faber, Global Head of External Clients and Business Development at Redevco, metropolitan areas are in need of transformation. The company, which was founded two decades ago, is diversifying its portfolio and capture the opportunities that arise as cities evolve.

Landsec and Invesco Real Estate have announced the launch of Gravity Active Entertainment, the dynamic leisure and entertainment company, within an 80,000 sq ft venue at Southside shopping centre in Wandsworth, London.

“We recognize that the traditional model for urban malls needs to evolve in the face of shifts in consumer habits, e-commerce growth, new technologies, urbanization, declining use of private transportation, and a localization of demand towards accessible services and environmental sustainability.”

Prime asset offers 10,200 square meters of retail and restaurant space. With the acquisition of “Taborland” retail park in Steyr, Austria, KGAL Group is once again expanding its real estate portfolio in Austria. The property will be the subject to an open-ended Austria real estate special fund.

Retail real estate manager succeeds in re-letting on areas of former Real stores MEC wins the full-range grocery retailer Kaufland as anchor tenant at three locations.

Trei Real Estate GmbH will be opening its 26th retail park under the Vendo Park brand in Poland. It is located in Oświęcim, a small town of around 40,000 residents in the Lesser Poland Voivodeship in southern Poland. This latest Vendo Park has a leasing area of around 5,300 square metres and is leased to seven retailers and a supermarket. In total, Trei invested c. 7,2 million euros in the property.

Shopping and entertainment centre development and management company Akropolis Group signed an agreement to acquire the Alfa shopping centre in Riga, Latvia, from AMD Holding. The seller was represented in the deal by real estate consultancy firm Newsec in the Baltics together with its partner BNP Paribas Real Estate. The transaction amount is not being disclosed.

The Hamburg-based redos Group, which specializes in large-scale retail properties, has acquired the retail park in Gründau Lieblos near Frankfurt am Main. The purchase was made for the Union Investment Spezial-AIF “Redos Einzelhandel Deutschland III”. The property’s seller is the real estate investment manager Redevco, which had included the property in its portfolio in 2016 and has now successfully implemented its business plan. The parties have agreed not to disclose the purchase price.

Recruitments, promotions and appointments…

“Many people believe that commercial real estate projects should learn from theme parks and build upon the concept by planning events and other activities that make them even more of a destination than before.”

The Board has nominated George Aase as Chairman of the Board, effective 18 August 2021. Rudiger Dany has been contracted by the Company from 6 July 2021 and will be appointed as Chief Operations Officer of NEPI Rockcastle effective 18 August 2021.