Retail Parks

Multi Corporation has signed three new management mandates at the beginning of the year.

Union Investment has acquired off-market a highly frequented local retail park in Ludwigsburg, about 12 km north of Stuttgart. The purchase is being made on behalf of the institutional fund UII GermanM. The seller is a subsidiary of the Dutch real estate company Brack Capital Properties N.V. The parties have agreed to not dis...

Lothian Pension Fund has acquired Corstorphine Retail Park from Hunter Real Estate Investment Management for £16.265 million.

Privately-owned Co Durham based property development company, Premcor Estates has announced the completion of the North Durham Retail Park at Pity Me, Durham, attracting some major names.

Trei Real Estate has raised €40m in debt funding from Berlin Hyp. The loan funds the further expansion of the Vendo Park and residential portfolios in Poland and Germany.

Dumfries Retail Park has been sold on behalf of a local government pension fund for £11m. It was purchased by a London-based private investor.

Union Investment has acquired the Nürtinger Tor development project via a forward funding deal. The building at Kirchstraße 34–36 in the heart of Nürtingen dates back to 1971. Currently known as the Nanz Center, it is being converted into a mixed-use shopping and amenity centre. Completion is scheduled for the second half of ...

Trei Real Estate GmbH opened another retail park of its Vendo Park brand in Poland.

CBRE summarises this year's developments on the Czech commercial real estate market and provides an up-to-date outlook for 2023. How is the current macroeconomic situation reflected in investment activity and other developments within the individual sectors, from offices and industrial and logistics premises to retail real es...

Retail property investment market sector in Poland is thriving, thanks to the stable growth of retail parks (above 5,000 m² GLA) and convenience retail (retail parks under 5,000 m² GLA) schemes. Since 2016, 160 assets of this type have been finalized.

Union Investment has acquired the Continente Colombo hypermarket operated by food retailer Sonae MC in the Portuguese capital, Lisbon.

Barings, on behalf of a pan-European strategy to acquire core real estate, has completed the acquisition of a portfolio of hypermarkets in France from Cora, a chain of hypermarkets owned by Louis Delhaize Group.

CBRE Investment Management has sold the neighbourhood shopping centre Lurup Center in Hamburg to investment and asset manager Captiva and fund service provider Universal Investment. The fully leased asset had been held on behalf a separate account mandate.

Immofinanz has opened its sixth and largest Stop Shop in Croatia in Velika Gorica. The new retail park has 12 stores and a coffee house. The scheme comprises over 8,500m² of rentable space and a wide range of brands, including KiK, Plodine, Pepco, NKD, Deichmann, Sinsay, Optika Anda, New Yorker, DM, ZOO City, and Hervis.

DEMIRE Deutsche Mittelstand Real Estate AG has signed a long-term lease for approximately 2,000 m² of retail space with the fashion retailer New Yorker in the city of Wismar close to the Baltic coast.

The Greenman Group is launching GFORM, a commercial real estate and financial management platform, with a particular speciality in grocery-anchored real estate in Germany.

Despite the deteriorating market conditions, 2022 will probably be another year with record level of new supply for the retail sector in Poland. According to estimates by Walter Herz, the domestic stock of retail space will increase by approximately 530,000 m². The largest volume, almost 350,000 m² of modern space will be pro...

Mitiska REIM has today announced the opening of a new retail park development in the Polish city of Wagrowiec, in joint venture with local partner Karuzela Holding.