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ACROSS

Retail

Mitiska REIM acquires retail center in Beek (NL)

Mitiska REIM announced the acquisition of Makado Beek retail center from Syntrus Achmea, on behalf of the First Retail International 2 Fund (FRI 2) and in partnership with local co-investment partner and asset manager 3W Real Estate. It is one of the largest retail centers in the Netherlands, attracting over 3 million visitors per year.

Prime Kapital raises €125 million for multi-property financing

CEE real estate developer, investor, and operator, Prime Kapital, announced that it has raised a €125 million green club loan facility for its development joint-venture with listed property investor MAS plc, real estate investor listed on the Johannesburg Stock Exchange.

How to Avoid Accusations of Greenwashing While Effectively Marketing Your Green Efforts

Many retail real estate companies are currently hesitant to promote their sustainability efforts. The fear of being accused of greenwashing if the location or company is not 100% sustainable outweighs the potential upside of leasing to green-minded tenants. Yet, there is a clear and simple strategy when it comes to marketing one’s sustainability efforts without fearing to be accused of greenwashing.

Woking’s Victoria Place welcomes Moss Bros

Moss Bros. has launched a new concept store at Victoria Place, the recently launched €840 million regeneration scheme in Woking town center, co-owned by Woking Borough Council and Moyallen Group. Occupying a 255 sq m space, the brand has opened on Victoria Place’s Henry Plaza.

Thalia opens new flagship store at Neumarkt Galerie

The important anchor tenant of the popular hybrid center at Cologne’s Neumarkt has extended its lease and is investing in a comprehensive modernisation and redesign of its sales premises. After the remodelling, the “Mayersche bookstore” will operate under the new Thalia brand name.

Thomas Hinderling is the new Head of Center & Mixed-Use Site Management

Thomas Hinderling will become Wincasa’s new Head of Center & Mixed-Use Site Management (CMSM) as of May 1, 2022. He takes over the position from Felix Kubat, who is leaving the company at his own request. Philipp Arnold will succeed him as Head of Mixed-Use Site Management (MUSM) German-speaking Switzerland.

Solidarity for Ukraine: (f.l.t.r.:) Michael Busch (CEO Thalia), Christine Hager (chair of German Council of Shopping Places), Prof. Dr. Scholz (CEO UKSH) and Peter Wilhelm (chair of European Council of Shopping Places)

The retail and the retail real estate industry launches a broad-based donation campaign for Ukraine

In view of the war events in Ukraine with incomprehensible suffering for the civilian population, the retail alliance “Leben gehört ins Zentrum” (“Life belongs in the center”) together with the German Council of Shopping Places have launched a broad Ukraine donation campaign. The donations will be used for medical supplies. The campaign is launched in cooperation with the University Hospital Schleswig-Holstein.

Immofinanz acquires retail park in Udine, Italy

By 2024, the number of STOP SHOPs will be increased by around 40% to 140 locations through selective acquisitions and new openings. The focus will also be on Italy, where ten new retail parks will be opened by 2024.

Inditex 4: Stradivarius joins Liverpool ONE

Grosvenor has announced that the international fashion brand, Stradivarius, has chosen Liverpool ONE for its city debut. Set to open in October 2022, the 743 sq m flagship store will become the fourth Inditex-owned brand based in this retail destination.

Immofinanz presents new brand On Top Living at MIPIM 2022

Immofinanz is presenting its new residential brand “On Top Living” at the real estate trade fair, MIPIM in Cannes. Under this brand, tenants will be offered up to 12,000 smart and sustainable apartments at affordable prices in the medium term.

MIPIM 2022: This year’s Buzzword is ESG

The return to a virus-free world, the fight against global phenomena such as climate change, and the conflict in Ukraine – this and many other issues are driving the retail industry in Cannes.

Scallier’s Retail Park in Focsani Receives Breeam Excellent Certificate

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

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.

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THE RETAIL AND HOTEL INDUSTRY - A LONG-LASTING LOVE STORY?
From fashion capitals selling luxury products to bustling marketplaces peddling local goods, the shopping available at certain destinations is a powerful draw for many tourists. Shopping and vacations have always been closely linked. In the same way, the retail and hotel asset classes have always been interdependent.
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