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Search Results for: retail property – Page 46

Amsterdam The Style Outlets plans to open its doors in 2017. With this project, Neinver takes a further important step in its growth strategy in the outlet sector.

Why more and more investors want retail parks in their portfolios and why this special property type is so alluring.

Wuppertal, a city of around 350,000 inhabitants, is getting an outlet center. It will be the largest in Germany. The investment amounts to €120 million.

Sometimes it feels a bit strange, even now, after 25 years in foodservice consulting, to be talking about the property market. I am not sure why, because when I set up Coverpoint, it was to help companies who did not DO food, but who NEEDED it as part of their guest offer. Airports, railway stations, shopping centers, museums, galleries, and historic palaces – we have worked in them all.

A recent study by CBRE finds that consumers want convenience and a social experience when choosing where to shop.

“Small is beautiful” is how experts characterize the market in the Czech capital Prague. But insider knowledge is essential.

Kuala Lumpur, the capital of the former “Asian Tiger” Malaysia, has seen better days from an economic perspective.

Hannover Leasing has sold a majority stake in the largest urban shopping center in the Czech Republic, the Palladium in Prague. The transaction basis is real estate worth about €570 million. The seller was a holding company for which Hannover Leasing acquired the property and took over asset management. The buyer is Union Investment of Hamburg.

By way of a transaction that closed on February 3, 2015, a new investment vehicle established by Partners Group and its operating partner Northern Horizon Capital has agreed to buy a portfolio comprising the majority of the assets of BPT Optima, an institutional real estate investment vehicle.

TIAA Henderson Real Estate (TH Real Estate) has exchanged contracts for the acquisition of the Nova Lund shopping center from Uni-bail-Rodamco for €176 million.

According to Barbara Topolska, COO of Neinver, the company does not just build open-air centers. Instead, it develops “villages” that draw upon the tradition, history, and architecture of the place in which they are built.

Some developers consider commercialisation as part of the leasing activity although commercial leasing per definition means the longer term rental contracting of leasable premises which are defined as GLA of a commercial asset.
Commercialisation (or Speciality Leasing) however, specifically focuses on generating income from non-GLA areas and for shorter periods, typically within twelve months.

First of all, I would like to take the opportunity to mark the occasion of Coverpoint’s purchase by JLL in November 2014. For the first time in 21 years, I will have a “boss” and while it is still very fresh, the whole team is having fun and looking forward to the future.

Markthal in Rotterdam received the 2015 award for the Best Shopping Center at this year’s MIPIM. The developer, Provast, is rightly overjoyed.

When the entire European shopping center industry meets in Cannes this year, there will be lots of back patting.