Search Results for: real estate – Page 52

How to shape the future!

As per December 2020, Jessica Janssen from Lucerne will assume the function of Head
of Center Management of the Mall of Switzerland in Ebikon.

Further 50% of retail space in Limbecker Platz shopping centre already let until at least 2025.

New urban district development scheduled for 2022 completion – KGAL Investment Management GmbH & Co. KG has acquired the Perlach Plaza development in Munich for 250 million euros.

BNP Paribas Real Estate Investment Management (REIM) Germany acquired a retail property in Kiel for French real estate mutual fund BNP Paribas Diversipierre.

Outlet retailing proves resilient as Affinity signs Next 23,500sq ft new leasing during lockdown.

The project partners Art-Invest Real Estate, Dukelease, and ECE jointly celebrated the completion of the structural work and the successful course of the “101 on Cleveland” apartment building project in London’s West End.

Supermarket Income REIT announces the acquisition of a Morrisons supermarket in Telford from Santander Trustees Limited for £14.3 million (excluding acquisition costs), reflecting a net initial yield of 5.0%.

APG has reached an agreement with the UK listed real estate company Hammerson to acquire substantially all of Hammerson’s remaining interest in VIA Outlets (includes Batavia Stad).

Hammerson announces proposed rights issue combined with sale of VIA Outlets delivering £825m gross proceeds to recapitalise and further reposition the business.

The O2, the world’s most popular music, leisure and retail venue has announced the signing of global sports and entertainment company, TOCA Social, for a 30,000 sq ft site which will host the world’s first interactive football and entertainment venue.

The HATRIC Q2 retail park in Hartberg, Styria (Austria) has changed hands. Having previously acquired the adjacent phases HATRIC Q3 and Q4 from Rutter Immobilien Gruppe upon completion in 2017, Union Investment has now also secured the Q2 building with its approximately 6,800 sq m of rental space, which opened in 2005.

Multi Corporation is pleased to announce the appointment of Diederik Bakker as Director Asset Management, effective 1 July 2020. He will be responsible for Multi’s asset management activities in the Netherlands, Belgium, Germany, Ireland, Portugal, Spain and UK.

ESTAma announces the sale of a Combi supermarket in the Münsterland city of Cloppenburg (Germany) to Synvest German Real Estate Fund.

Retail investment volumes for 2020 are expected to exceed those of 2019, despite Covid-19, a new report from Savills Aguirre Newman suggests.

Ceetrus announces additions to its Board of Directors and Management at a global and local level, with the appointment of two new members. Antoine Grolin, 44, an international real estate specialist, has just been appointed Chairman of the Board of Directors of Ceetrus. On a national level, Séverine Bodard, with 20 years of experience in management, development and transformation of real estate, steps in as Director of Ceetrus Portugal.

DIC Asset AG, one of Germany’s leading listed property companies, announced that an agreement with its tenant Galeria Kaufhof GmbH had been reached regarding the prolongation of existing tenancies of its Chemnitz and Leverkusen assets on July 3, 2020.

These companies will be exhibiting at Propel by MIPIM: Métropole du Grand Paris, Paris & Co, E.ON, Saint Gobain, Schneider Electric, ArcelorMittal and numerous startups.

“Is he unteachable? Or is Dr. Will actually stuck in a repeating time loop with his tenant survey SCPR 2020, just like the misanthropic weatherman Phil Connors in the popular comedy ‘Groundhog Day’?”

Marks and Spencer will relocate to a flagship 20,000 sq ft store at Two Rivers compromising a new foodhall over 50% larger than the old store in the town. Lidl have also chosen Two Rivers as its preferred location in the town satisfying a long held requirement. Lidl opened a 15,700 sq ft store at the end of June.

Investment in online capabilities and delivery apps across the retail sector is expected to increase further, according to the latest research from global real estate advisor, CBRE. Online sales have helped many retailers offset some of the lost revenue from store closures during the lockdown period.