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Expansion

credit: Woolworth

Woolworth Wants To Triple The Number Of Its Stores In Germany

Woolworth is pressing ahead with its expansion and plans to open up to 150 new stores in Germany just this year. In an interview with the German “Handelsblatt”, CEO Roman Heini said that there should be over 2000 stores in five years.

Designer Outlet Algarve, new plaza in the center extension, opening 2025. /// credit: ROS Retail Outlet Shopping

ROS Retail Outlet Shopping Pursues Its Trading-Up Strategy And Expansion Plans

Supported by a strong performance across its 12 premium outlet destinations, ROS Retail Outlet Shopping is focused on upgrading its brand mix. The European operator, together with partners, is set to further grow its portfolio with center extensions in Designer Outlet Gdańsk, Designer Outlet Algarve, and Designer Outlet Croatia, and the new development Designer Outlet Kraków.

VIA Outlets officially opened the 4,000 sq m extension to its Sevilla Fashion Outlet. /// credit: Bellier

VIA Outlets’ €30m Remodeling and Expansion of Sevilla Fashion Outlet Opens with Debuts by Karl Lagerfeld, Under Armour, G-Star Raw and many more

VIA Outlets officially opened the 4,000 sq m extension to its Sevilla Fashion Outlet yesterday, culminating a 30-million-euro project to modernize and evolve the center since its acquisition in 2016. With the recent extension, a 17-million-euro investment that includes a spectacular glass-covered gallery, Sevilla Fashion Outlet now offers 20,000 sq m of prime commercial space.

Credit: ECE

ECE MARKETPLACES FURTHER DEVELOPS G3 SHOPPING RESORT GERASDORF NEAR VIENNA, AUSTRIA WITH NEW SPORTS AND OUTDOOR EXPERIENCE WORLD

ECE is further developing the G3 Shopping Resort Gerasdorf near Vienna and is expanding the offer and tenant mix of the center with its more than 130 stores with new retail, product testing, and experience areas. The aim is to create a unique sport and outdoor focus – on a 5,000 sq m indoor sports retail area and a 3,000 sq m outdoor sports area – as an additional attraction for the center.

Credit: ESTAMA UK

ESTAMA UK EXPANDS LONDON-BASED TEAM WITH NEW HIRE

Commercial property and asset management specialist, ESTAMA UK, has appointed Jackson Molyneaux as the new Leasing Administrator for the agency, helping to support its property management team as it continues to experience an extended period of growth throughout 2022.

Credit: AVER10

OXYGEN INDOOR ACTIVITY PARKS EXTENDS PORTFOLIO WITH REDKANGAROO ACQUISITION

The UK’s first choice indoor family activity brand, Oxygen, has announced the acquisition of regional trampoline operator, RedKangaroo. Oxygen will continue to operate RedKangaroo’s sites in Reading, Nottingham and Coventry, UK under the RK brand with the view to integrating them into the Oxygen brand in the months ahead.

“Complete Predictability Is an Illusion”

The pandemic has confirmed the resilience of Immofinanz’s low-cost retail formats and has resulted in the introduction of new concepts. Immofinanz Board Member Dietmar Reindl spoke with the publisher of ACROSS Magazine, Reinhard Winiwarter, about the resilience of retail relationships, the need for more service, and the company’s expansion plans.

Supernova Ljubljana Rudnik Expansion celebrates opening

Today, the expanded part of the Supernova Ljubljana Rudnik shopping center was opened. The investment in the extension amounted to €70 million. The center now covers 50,000 sq m and includes 109 stores, 50 of which are new, 7 cinemas, 19 restaurants and bars on two floors with terraces, 2 indoor amusement parks, outdoor playgrounds, a fitness center, and 2,552 parking spaces, including 1,800 in the parking garage.

Redevelopment of Westland Shopping Center at the Finish Line

AG Real Estate is on the verge of completing the extensive renovation and extension works it started in 2019 in Westland Shopping Center in Anderlecht (Belgium). The program includes the arrival of a large department store and a number of new retailers, the expansion of the Food & Beverage offer, and the creation of a leisure center of over 4,000 sq m.

Norblin Factory in Warsaw expands tenant portfolio

The multifunctional Norblin Factory opened in September last year and is gaining more and more tenants. The project’s investor, the Capital Park Group, has signed lease contracts with another six concepts which will soon join the revitalized complex at Żelazna Street.

Nike Expands Store at LONDON DESIGNER OUTLET By 68%

London Designer Outlet (LDO) has announced that Nike is set to increase its footprint at the center by more than two thirds, as the fashion and lifestyle destination prepares for a year of new brand arrivals.

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