shopping center Archives - Page 25 of 25

Mitiska Reim transforms Dutch retail convenience center

January 18, 2022

Mitiska REIM announced the completion of transforming the Retail Centre De Lely, located in the Dutch city of Arnhem. Acquired in July 2018, a 30-month value-add programme has now been completed which has remodeled the look, layout, and tenant mix of the convenience center.

Westland welcomes Peek & Cloppenburg back to Belgian market

January 13, 2022

The German company Peek & Cloppenburg, with its headquarter in Düsseldorf, moves into the new Westland Shopping Center in Anderlecht, Belgium.

Youseum enters German market at Westfield Centro

January 12, 2022

A new Youseum venue is set to open at Westfield Centro in Oberhausen this fall, expanding their portfolio in Europe. The social media experience will cover more than 1,000 sq m.

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.

Redevco acquires 1960s Templars Square shopping center for €42.5 million

December 22, 2021

On behalf of one of its investor clients, Redevco has purchased Templars Square in Oxford for €42.5 million from New River. The 1960s local shopping centre is to be transformed into a landmark residential-led mixed urban scheme over the next decade.

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.

Landsec signs five new brands at Trinity Shopping Center

December 21, 2021

Landsec has announced that five retail and lifestyle brands have joined Trinity in Leeds, as part of its drive to secure regional debuts, relocations and upsizes into the destination.

Hammerson sells Silverburn shopping center to Henderson Park

December 20, 2021

Hammerson announced it has completed sales of six non-core assets for total gross cash proceeds of ~ €107.7m since the half year. The largest constituent is the exchange an unconditional contract for the sale of Silverburn, a 100,000 sq m shopping center near Glasgow.

Altera buys convenience center in Helmond (NL)

December 20, 2021

Altera Vastgoed NV has purchased the Brouwhorst neighbourhood shopping center in Helmond. The object is an open-air convenience center servicing the local community and was built in 1987. It consists of six blocks and was partially renovated in 2015.

Multi Italy is the New Property Manager Of Granroma Shopping Center

December 16, 2021

Multi Italy has been appointed by Savills Investment Management SGR S.p.A, on behalf of Sulis Fund and its investor, a real estate investment fund advised by Aventicum Real Estate, to manage the GranRoma Shopping Center.

Sonae Sierra expands its service portfolio in Morocco with Aeria Mall

December 16, 2021

Sonae Sierra has signed a property management and leasing contract for Aeria Mall, a new shopping center in Casablanca. The new management contract follows work done by Reify., which provided lay-out, concept design and technical services for the center.

Futureal buys Galeria Bemowo shopping center in Warsaw

December 16, 2021

Futureal Investment Partners has acquired the Galeria Bemowo shopping centrr in Warsaw. The acquisition is the company’s third, following the Manhattan Shopping Center in Gdansk and Wratislavia Tower in Wroclaw.

Axis Retail Partners and Generali buy St Georges Shopping Center

December 15, 2021

Axis Retail Partners, in partnership with Generali, have exchanged contracts to buy St Georges Shopping Centre off market at a NIY of 8.3% from RDI REIT on behalf of pension fund clients of LaSalle Global Partner Solutions.

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.

Sinsay gets flagship expansion at Westgate

December 10, 2021

The fashion brand Sinsay, which is part of LPP Group from Poland, has launched its new store at Westgate Shopping City. They have been a loyal tenant at the center for years and now relocated to an expanded shop with a new concept that includes both fashion, and home accessories.

Titanium acquires Ozols shopping center in Riga

December 7, 2021

The asset was exited by KS Holding to Titanium Baltic Real Estate. The former shopping center Galerija Azur was acquired by the seller in 2016 and redeveloped over three years, then opened under the new name Ozols.

FCR buys 26, 000 sq m shopping center in Eisenach

December 7, 2021

FCR Immobilien AG has acquired a shopping center in Eisenach, Thuringia, with a sales area of approximately 26,000 sq m as part of the continuous expansion of its portfolio.

Trafford Center launches Tinsel Town outdoor experience for festive period

December 7, 2021

Manchester’s Trafford Centre created a festive outdoor experience with Tinsel Town, following the recent Summer Social and Spookfest events.

Half Price joins Westgate Shopping City with first store in Croatia

December 6, 2021

Half Price, off-price retailer from Poland, has launched its first store in Croatia at Westgate Shopping City.

CBRE sells BIG Shopping Park in Copenhagen to M&G

December 3, 2021

CBRE Investment Management, on behalf of the European Co-Investment Fund (ECF), has sold BIG Shopping Park in Copenhagen, owned in a joint venture with Portus Retail Partners to M&G Real Estate–part of M&G plc’s £65 billion private assets and alternatives business. The sale represents one of the largest European single-asset retail transactions.

MPC Properties buys Delta City shopping center in Belgrade

December 3, 2021

MPC Properties acquired Delta City shopping center (open since 2007), expanding its portfolio to five regional retail assets with the latest, BEO Shopping Center opening in June 2020.

Stern Center Sindelfingen wins tegut… as new tenant

December 1, 2021

One of the first anchor tenants signs a lease for the Stern Center in Sindelfingen (Baden-Württemberg) which will be transformed to a hybrid center. tegut… is represented with around 290 supermarkets in six German states.

UK-based Evolve acquires retail parade in Coulby Newham

November 29, 2021

Evolve Estates Ltd has added a new retail parade to its portfolio through acquiring Parkway Shopping Center in Middlesbrough.

Neighborhood Retail Center Deli in Duisburg was purchased by HIH Invest

November 17, 2021

HIH Invest Real Estate acquired the mixed-use retail center Deli in Duisburg, Germany. The property, which has been in business for more than 20 years in the city’s Rheinhausen district, has a total lettable area of about 18,700 sq m along with 568 car parking spots.

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