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Retail Parks

JYSK and TEDi come to Pod Wiatrakami

The “Pod Wiatrakami” Retail Park near Słupsk has signed up two new tenants: JYSK, which will take 1,250 sq m, and TEDi, which has opened an 850 sq m store. The complex, which was completed in 2011, is being recommercialised to better address the needs of local inhabitants and align with retail market trends in Poland. A team ...
Thursday, 24. August 2023

Mitiska REIM expands in Slovakia in joint venture with OPC Group

Mitiska REIM has today announced on behalf of the MEREP 3 fund the acquisition of a retail park in the Slovakian city of Skalica and the development of a new retail park in Sládkovičovo. In a new joint venture partnership with OPC Group, Mitiska REIM plans to expand its retail park portfolio in Slovakia in the coming years.
Monday, 21. August 2023

Eden Retail Park achieves full occupancy

Eden Retail Park proudly announces that it has achieved a full occupancy, solidifying its position as the go-to shopping destination for the residents of Zgorzelec and the surrounding region, conveniently located close to the German border. The retail park, owned by Focus Estate Fund, is now home to an exciting mix of 10 stor...
Friday, 18. August 2023

LCN Capital Partners buys supermarkets in Wigan and Cardiff

The LCN Capital Partners has acquired two well located supermarket properties leased on a long-term basis in Cardiff and Wigan. The buildings are located in Cardiff and Wigan and let to the two largest UK supermarket chains respectively. The purchase is being financed by Deutsche Hypo – Nord/LB Real Estate Finance.
Wednesday, 2. August 2023

Savills IM's European food retail strategy buys in Spain

Savills Investment Management has acquired two new Aldi supermarkets in Spain for its European food retail strategy. The purchase price was not disclosed. The strategy now has capital commitments from German institutional investors of around €370 million, raised since 2020.
Tuesday, 25. July 2023

Investment markets continue to struggle with challenging environment

Germany’s commercial investment markets continued to be largely characterised by changing debt conditions and a challenging overall economic environment in Q2. Investors only poured just shy of €9.8bn into German commercial real estate and development sites in H1, reflecting a 68% yoy de-crease.
Friday, 14. July 2023

Volume of closed transactions amount to only around €800 million

The current results do not look much optimistic. However, this is a temporary state. Poland’s real estate market has stable foundations, and investors are highly adaptable, which is confirmed by the results achieved in previous years. Following up is a quick look at how the market has responded to the challenges emerging in t...
Monday, 12. June 2023

Real I.S. buys local retail centre

Real I.S. AG has acquired a newly-built local retail centre, located in the German town of Peissenberg, for the Real I.S. Regionalfonds Süddeutschland, the company’s regional investment fund for southern Germany. Seller is the Küblböck group of companies. The parties have agreed not to disclose the price of the deal.
Tuesday, 2. May 2023

Global investment manager sells four retail properties

Avison Young represented a global investment manager in the sale of a portfolio of four retail facilities, located in regional cities: Stara Cegielnia in Szczecin, Galeria Kosmos in Koszalin, OK Centrum Walbrzych and OK Centrum Strzegom, with a total area of about 15,000 square meters GLA. Information on the value of the sale...
Wednesday, 12. April 2023

Greenman Open buys Edeka portfolio for €55m

Greenman OPEN, one of the largest food-anchored retail real estate investment funds in Germany, has acquired a portfolio of six Edeka supermarkets for c. €55 million. The properties which total 20,660 sqm, were acquired directly from Edeka Northern Bavaria-Saxony-Thuringia under a brand-new long-term sale-and-leaseback agreem...
Wednesday, 12. April 2023