retail park Archives - Page 2 of 3

Sale of „Fairway” portfolio is closed

June 7, 2022

Hunter REIM closed the sale of „Fairway” portfolio to Centerscape Investments. The last property, sold within this portfolio transaction, was a retail park in Toruń.

Mitiska REIM opens retail park with CO2-neutral building in Ninove

June 7, 2022

Mitiska REIM, a leading specialist investor in European convenience real estate, has announced the opening of Ninouter, a retail park with a CO2-neutral building in operation in the Belgian city of Ninove, located 30 kilometers west of Brussels.

“Complete Predictability Is an Illusion”

May 12, 2022

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.

Redevco: First step towards creating a pan-European retail warehouse park platform

May 3, 2022

Redevco has acquired a majority stake in redos, the Hamburg-based large-scale retail and urban logistics property investment specialist. Acquisition is aligned with Redevco’s mission to be a trusted partner in creating more sustainable and liveable cities.

Mitiska REIM repurposes Tesco hypermarket in Poland into modern retail park

April 29, 2022

Mitiska REIM announces the opening of a new retail park in the city of Pulawy in eastern Poland. Originally a Tesco hypermarket, the site has now been transformed into a modern food-anchored retail park, designed to achieve a “Very Good” score on the BREEAM scale.

Scallier: New Brands in Romanian Retail Parks

March 11, 2022

German non-food retailer, TEDi, and the Austrian chain of sport stores, Hervis, will open their shops in newly emerging retail parks in Romania developed by the Polish company Scallier. In total, the new stores will occupy an area of nearly 5,500 sq m in the facilities located in Timisoara, Vaslui, Mosnita, Turda (TEDi) and in Vaslui and Turda (Hervis).

Scallier’s Retail Park in Focsani Receives Breeam Excellent Certificate

March 9, 2022

The retail park in Focsani, which was opened in November last year, received the BREEAM certificate at the Excellent level. A commercial facility with a lease area of 5,000 sq m is part of the network of compact retail facilities developed by the Polish company Scallier in Romania.

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.

Union Investment acquires Planetencenter from Savills

March 3, 2022

Union Investment has acquired the retail park Planetencenter for the UII GermanM special real estate fund from the seller Savills Investment Management.

Mitiska REIM sells Polish retail park to AB Tewox

February 16, 2022

Mitiska REIM has completed the sale of Retail Park Mlyn in Wroclaw to AB Tewox. The retail park was originally acquired in July 2015 on behalf of the First Retail International fund (FRI).

British Land signs 7,897 sq m of new Aldi space across its retail parks

February 9, 2022

British Land has agreed four new leasing deals with discount supermarket, Aldi, at its retail parks across the UK, totaling c. 7,897 sq m of space.

Hunter REIM sells retail park portfolio to Centerscape Investments

February 2, 2022

Hunter REIM sold to Centerscape two retail parks located in Warsaw and Inowroclaw (Poland), offering ca. 4, 550 sq m of leasable space, both assets having the Netto chain as grocery anchor operator.

LCP acquires two major retail assets for €165 million

February 1, 2022

LCP Group has kicked off 2022 with its biggest retail acquisition to date, signing a €165 million deal for two UK shopping centers.

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.

Scallier gets building permit for retail park in Vaslui, Romania

January 28, 2022

The Polish company Scallier has obtained the building permit for a new retail park with a leasable area of 9,975 sq m (GLA). The facility is located in Vaslui, a city in eastern Romania, and scheduled to be put into service in 2022.

IPH Group expects further growth after a sucessful year 2021

January 27, 2022

Despite the challenging market environment IPH Group continues to grow. Leasing volume and new mandates significantly expanded again in 2021.

HIH Invest Acquires Warnow Park retail center in Rostock

January 25, 2022

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.

Altera sells Utrecht retail park to abrdn

January 14, 2022

Altera Vastgoed sold its property on Kaap de Goede Hooplaan in Utrecht to an abrdn fund.

Focus buys Turawa Park shopping center in Poland

January 10, 2022

Ukrainian real estate investor Focus Estate Fund has acquired the Turawa Park shopping center in Opole, southern Poland, from Edinburgh-based Abrdn for an undisclosed sum.

Immofinanz’s retail park brand Stop Shop grows in Croatia

December 22, 2021

Following its market entry in Italy, Immofinanz is continuing the expansion of its STOP SHOP retail park brand in the Adriatic region. In Croatia, the number of retail parks is to be increased from currently four to more than 20 locations in the medium term.

Klépierre sells two retail assets for €345 million

December 21, 2021

Klépierre closed the disposals of the two retail assets Boulevard Berlin and a retail park in Bordeaux.

Trei opens 29th Vendo Park in Poland

December 17, 2021

Trei Real Estate GmbH opened another retail park of its Vendo Park brand in Radzymin, Masovian voivodeship, close to Warsaw. The total amount invested was 3.1 million euros.

TwentyTwo buys Chasse Sud retail park in France

December 15, 2021

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.

Scallier’s retail park in Turda cleared for construction

December 10, 2021

Scallier has obtained the building permit to construct another retail park in Romania. Situated in Turda, the development will provide around 9,000 sqm of space to let. Populated by some 50,000 people, Turda is a town in the northern part of the country.

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