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Search Results for: retail property – Page 5

Kaufland honored as best practice for retail innovation

Around 30 years ago, a trendsetting Kaufland store opened in Erfurt-Herrenberg (Erfurt, Germany). Now it has been honored by the “Stadtimpulse” initiative as Best Practice 2022 in three categories: Innovation in Retail, Urban Design and Real Estate, and Experience and Living Space.

Prime Kapital raises €125 million for multi-property financing

CEE real estate developer, investor, and operator, Prime Kapital, announced that it has raised a €125 million green club loan facility for its development joint-venture with listed property investor MAS plc, real estate investor listed on the Johannesburg Stock Exchange.

Immofinanz acquires retail park in Udine, Italy

By 2024, the number of STOP SHOPs will be increased by around 40% to 140 locations through selective acquisitions and new openings. The focus will also be on Italy, where ten new retail parks will be opened by 2024.

Hahn Group Leases to Kaufland in Oberhausen Retail Park

The Hahn Group has signed a new lease with Kaufland for the Sterkrader Tor Retail Park in Oberhausen, North Rhine-Westphalia. Kaufland will take over the space of the previously located EDEKA store, whose lease will expire at the end of 2022.

LondonMetric signs Grocery Lettings across Retail Park Portfolio

LondonMetric announced three grocery lettings across its long income and retail park assets in Ashford, Totton, and Tonbridge (UK). The lettings will generate €1.4 million of contract rent, have a WAULT of 16 years and benefit from RPI or fixed rental uplifts.

Hines Signs €50 Million Green Loan for Mixed-Use Property Preciados 13

Hines, on behalf of Bayerische Versorgungskammer (BVK), has signed a €50 million green loan with CaixaBank as part of a new financing package for its flagship Preciados 13 project in Madrid. In 2017, the mixed-use building was acquired by Hines on behalf of BVK Highstreet Retail Preciados S.L.U.

We are Ambassadors for Successful Retail Real Estate Investors

Retail Real Estate: It is an asset class that has undergone a number of radical changes in recent years. Steffen Hofmann and Klaus Mennickheim, who run their own advisory firm, have built up an excellent international reputation as leading independent advisors. In an interview with ACROSS, they explain why specialist knowledge is so important right now, why the “retail bashing” that can often be heard falls far short of the mark, and why they have decided to rename their successful company at this point in time.

HIH Invest Acquires Warnow Park retail center in Rostock

HIH Invest Real Estate acquired Warnow Park in Rostock (Germany) on behalf of an individual mandate given by an institutional investor. The district center in the Lutten Klein district was sold by Highstreet VIII, a retail property fund managed by Corestate.

Northern Irish Retail Market ends 2021 on a high

Lotus Property owned outlets, The Boulevard and The Junction in Northern Ireland both saw an increase in sales compared to 2019, with The Boulevard recording its highest month of sales on record in December 2021.

Multi Poland: Digital Integration positively impacts Retail Asset Value

One of the most important lessons the retail real estate industry can learn from the pandemic is to recognize the importance of omnichannel and big data. Investing in digital solutions can provide a competitive advantage and better results for both landlords and tenants.

Mitiska Reim transforms Dutch retail convenience center

Mitiska REIM announced the completion of transforming the Retail Centre De Lely, located in the Dutch city of Arnhem. Acquired in July 2018, a 30-month value-add programme has now been completed which has remodeled the look, layout, and tenant mix of the convenience center.

LCP appoints Ben Chislett UK Head of Retail

LCP has appointed Ben Chislett as UK head of retail after they invested more than €323 million in retail assets, from local convenience parades to regional centers, in 2021.

TwentyTwo buys Chasse Sud retail park in France

Eurocommercial Properties NV (Eurocommercial) has sold Chasse Sud, its hypermarket anchored retail park at Chasse-sur-Rhône in France to TwentyTwo Real Estate, a European real estate investment and management firm.

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THE RETAIL AND HOTEL INDUSTRY - A LONG-LASTING LOVE STORY?
From fashion capitals selling luxury products to bustling marketplaces peddling local goods, the shopping available at certain destinations is a powerful draw for many tourists. Shopping and vacations have always been closely linked. In the same way, the retail and hotel asset classes have always been interdependent.
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