Search Results for: retail real estate development – Page 26

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.

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.

FitForCommerce, a specialized omnichannel and digital consultancy, announces the appointment of Rupert Wood to the FitForCommerce Malls & Meeting Places practice as an Executive Advisor.

Chapman Taylor is creating the masterplan for an innovative new urban district adjacent to King Abdulaziz International Airport in the Saudi city of Jeddah.

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

Traffic and vacancy rates are the main indicators of success and attractiveness of shopping malls in Ukraine, which transparently demonstrate the dynamics of growth and effectiveness of cooperation with the main target audiences: tenants and buyers.

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.

FitForCommerce, a boutique omnichannel and digital consultancy, announces the appointment of Gary Burrows to the FitForCommerce Malls & Meeting Places practice as its Managing Director.

NEINVER recently reopened its four Greater Madrid and Barcelona outlet centres in Spain, thus resuming operations across all its retail portfolio in Europe.

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.

Completion with an investment volume of over 400 million euros planned by 2023.

This year’s “Annual Conference” will be transformed into a “Digital Nordic Think Tank” with focus on the retail landscape following the Covid-19 pandemic.

Toolbox Group founder and CEO Michelle Buxton has announced Ed Cooke, former Revo CEO, as their new Global Growth Director.