Search Results for: retail property – Page 33

David McArthur has been appointed Head of Investment by The Howard de Walden Estate which owns 92 acres of London’s Marylebone.

Johannesburg Stock Exchange listed EPP, welcomed the opening of the country’s first Primark at its Galeria Młociny shopping centre, Warsaw.

Trei Real Estate GmbH just took out a long-term loan in a volume of 51 million euros through its Polish subsidiary, Trei Real Estate Poland, from pbb Deutsche Pfandbriefbank, a German specialist lender for commercial real estate finance.

Sloane Stanley announces The Sustainable Pop-Up, has launched at 320 King’s Road, within Chelsea’s iconic shopping destination; whilst sustainable clothing and lifestyle brand, Vilshenko, have upsized to a 1,298 sq ft unit at 336 King’s Road.

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

After a fruitful collaboration that began in 2018 on the Brussels II warehouses in Anderlecht, AG Real Estate and Brussels start-up Skysun have decided to extend their partnership to the Office & Retail activities of the real estate subsidiary of AG Insurance.

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).

MEC is repositioning itself to manage its current and future growth even more efficiently.

Lotus Property, owners of Northern Ireland’s premier designer outlet, The Boulevard, has signed one of the UK’s most iconic brands to join the scheme in the run up to Christmas.

The MIMCO Capital group is continuing its real estate investments in Germany with the recent acquisition in asset deal of two retail assets in Bitterfeld-Wolfen, Saxony-Anhalt, and Plauen, Saxony, on behalf of its “Everest One SICAV-RAIF” fund.

Sinsay, the Polish LPP brand signed with Colosseum Mall to open its flagship store in Bucharest, thus bringing an unique concept to the Romanian market. With a surface of 2000 sq m, the store from Colosseum Mall is going to be the largest LPP store in Romania, Sinsay branded.

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

The German outlet centre, managed by Neinver since 2017, has recorded five solid years of growth in sales and foot traffic. Last year, the centre attracted close to 2 million visitors.

First half of 2020 saw a record high investment activity with EUR 3.5 billion of investment transactions closed, including pending transactions at final stage. Although this has been a 30% better result than during the corresponding period last year, achieving this year a similar result to record-breaking volume of EUR 7.8 billion registered last year may be difficult – according to Avison Young.

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.

Hines, the international real estate firm, has signed a long-term lease with food wholesaler Kaufland for the Mira shopping center in northern Munich, Bavaria.

Chapman Taylor’s transformative urban regeneration design for Coventry city centre will be presented to the public for consultation this week.

CORESTATE Capital Investors (Europe) joins as new owner of the MEC-Centers Einkaufspark Duckwitz (Bremen) and Nordsee Passage Wilhelmshaven.

SIGNA will also begin to use communication formats on various channels and levels to provide information about the project, e.g. on Facebook, Twitter and Instagram under the identity “NOT WITHOUT YOU”, on a newly designed homepage at and with various events and activities.

IMMOFINANZ started the first quarter of the 2020 financial year with strong operational performance: Rental income rose by 13.4% to EUR 74.0 million, above all due to the expansion of the portfolio through acquisitions and completions as well as growth of 1.9% in like-for-like rental income. The results of asset management increased by 18.1% to EUR 59.5 million, and the results of operations were 18.0% higher at EUR 43.5 million. However, the revaluation results of EUR -45.0 million from standing investments and goodwill reflect the adverse effects of the Covid-19 pandemic. Net profit for Q1 2020 was therefore negative at EUR -37.6 million.

Meyer Bergman is creating a €2 billion platform allowing institutional investors to tap into surging demand for last-mile distribution centres, with the launch of Crossbay.