Search Results for: retail property – Page 6

“It’s high time for both the retail property sector, construction, financial institutions, tenants and policymakers to step up efforts to intensify collaboration, and BPIE’s roadmap is a promising start. This collective vision sends out a clear message that the sector is ready to take action”

The Munich-based family office AM alpha has completed a further transaction in Dublin this year with the acquisition of the Nutgrove Retail Park in a consistently strong trading location. This is the first major retail park trade in Dublin since 2018.

Globetrotter Ausrüstung GmbH has leased around 1,500 sq m of retail space at Flinger Straße 27 in Düsseldorf’s Altstadt district.

The first retail park launched by Scallier in Romania is a 6,200 sqm (GLA) project, housing an array of recognized Romanian and international brands, notwithstanding some Polish ones. The opening of another retail park is planned for later this year.

In the beginning of September, 2021, GRR Group bought two retail parks in Marne/Schleswig-Holstein and Krostitz/Sachsen for the German Retail Fund No. 3 and 4, respectively. Both transactions were asset deals with full disclosure on the total purchasing sum.

Designer Outlet Warszawa has been awarded the Prime Property Prize 2021 in the category of Commercial Property Market’s Investment of the Year.

LCP Group has completed its largest retail acquisition in Scotland yet, as it continues to grow its portfolio.

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.

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.

With market entry in Italy, Immofinanz now operates more than 100 STOP SHOP retail parks in ten European countries. Ten Italian STOP SHOP locations with a total investment volume of roughly EUR 250 million are planned by 2024.

VIA Outlets has chosen Yardi® technology to support growth across its Pan-European portfolio.

Redevco Germany is developing the C&A building in Hanover from a single-tenant to a multi-tenant property.

Northern Ireland’s leading outlet retail destination has reported a record first week of trading following the hugely anticipated easing of local lockdown restrictions.

Nice prospects for Norderstedt: Rusta, the Scandinavian specialist for home, garden and leisure items, will be the new anchor tenant in De-Gasperi-Passage with more than 2,500 m² of retail space. With the signing of the long-term lease, the successful starting shot has been given for the re-letting of the former Karstadt space.

One of Northern Ireland’s leading retail and leisure destinations will reopen with a bang on Friday 30th April after four months of closure, welcoming two new tenants to the scheme, representing a total investment of £120k.

Orchard Street Investment Management (‘Orchard Street’), the specialist commercial property investment manager, has strengthened its retail team with the appointment of Edward Bales as asset manager.

Deutsche Investment just acquired the Rödertalpark” retail warehouse park of around 15,560 sqm in Grossröhrsdorf (Saxony, Germany) for its latest separate asset pool, “Deutsche Investment – Food Retail I.”