food anchor Archives

MEC ACHIEVES STRONG LEASING RESULTS FOR 2022

February 9, 2023

For the year 2022, MEC has reported a total of 223 new and follow-up leases in its more than 80 properties managed throughout Germany. As a result, the total leasing has reached 158,000 sq m of total space.

Castle Mall (UK) welcomes new anchor tenant

May 25, 2022

Northern Ireland-based Lynas Food Outlet will open its doors in late Autumn, with works due to start middle of May 2022 to restructure part of the mall to facilitate the large 790 sq m store.

M&S to open new store at Lakeside

May 17, 2022

Lakeside, owned by property company SGS, announces M&S has signed to open a new store at the center, due to launch in Spring 2023.

Altera acquires local shopping center Het Stroink

May 16, 2022

Altera Vastgoed has acquired off-market local shopping center Het Stroink in Enschede (NL) from WP Retail Invest CV (“WPRI”). The center has recently been renovated by WPRI to create a retail complex with a pharmacy, a medical center, three primary schools, a nursery and a petrol station.

ACROSS RETAIL TALKS ON “FOOD ANCHOR – THE ACTUALLY ‘SAFE’ ANCHOR”

April 5, 2022

This time, our recurring online event, ACROSS Retail Talks, this time, took a close look at what food anchors mean for the profitability of a location’s success, how the collaboration between the involved stakeholders works, and why flexibility is not only the key learning from the pandemic, but also the key strategy for the future.

Hahn Group Leases to Kaufland in Oberhausen Retail Park

March 7, 2022

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.

TRISTAN SELLS BORDEAUX HYPERMARKET ASSET FOR €35 million

February 22, 2022

CCP 5 LL, the Core-Plus Fund managed by Tristan Capital Partners, has sold a 17,700 sq m Casino Hypermarket asset located in Pessac in the French city of Bordeaux for c. €35 million.

Greenman OPEN acquires three retail parks in Germany for €90 million

January 31, 2022

Greenman OPEN (OPEN) has acquired three retail parks for a combined value of c.€90 million, increasing the fund’s AUM to more than €1 billion.

Union Investment acquires food-anchored shopping center in Florida

December 13, 2021

Union Investment has acquired the Fountains of Boynton shopping center in Florida. The complex, which consists of five buildings, is located in Boynton Beach, a centrally located suburban community in northern Palm Beach County, about 30 kilometers south of West Palm Beach International Airport.

Food retailing in historic upheaval in Germany

December 9, 2021

Over the past ten years, the food retail sector has recorded sales growth of well over 35 percent, and last year’s figures for 2020 confirm the steady growth with annual sales of around €190 billion.

Defama buys two retail properties for €4.4 million in Cologne and near Dortmund

December 2, 2021

Deutsche Fachmarkt AG (Defama) has purchased two properties in North Rhine-Westphalia: a retail park near Dortmund and a REWE store in Cologne-Rondorf.

FOM leases 7,600 sq m to Edeka at shopping center in Hannover

November 30, 2021

FOM Invest has leased around 7,600 sq m of retail space in the Linden district in Hannover to the retail chain Edeka.

MAN MUST EAT! – The (increasing) importance of food anchors for the placemaking industry

November 29, 2021

The global clash of digitalization and the pandemic is shaping the economic development of the 20s of this century. It has also led to profound structural changes of historic proportions. The consequences for retail and its accompanying services are equally dynamic and controversial. Food purchases at brick-and-mortar stores increased by 10 percent or more across Europe in 2020 as a result of the pandemic. At the same time, purchases of consumer durables, such as clothing, home electronics, home accessories, toys, sports, and leisure items increasingly shifted from offline to online retail.

Developer & Operator Statements

November 29, 2021

European experts comment on the synergy between shopping centers and food anchors, their developments and benefits.

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