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Złote Tarasy attracts more new tenants

Popeyes is to open its first Warsaw restaurant in Złote Tarasy on 21 September. The fast food chain from Louisiana is the seventh new tenant to come to Złote Tarasy in 2023 after such brands as Lush, Candy Pop, and Hugo. Cushman & Wakefield, which is responsible for the re-commercialisation and property management for the sch...
Wednesday, 20. September 2023

SES purchases the IL Grifone shopping center

SES Spar European Shopping Centers is consolidating its position in the Northern Italian market. With the purchase of the IL Grifone shopping center in Bassano del Grappa, located in the highly affluent region of Vicenza/Veneto, the real estate developer and operator takes over a well-established location with immediate effec...
Monday, 18. September 2023

Trei Development pipeline comprises €1.9 billion

Trei Real Estate, which will focus only on the German, Polish and U.S. markets in the future, continues its focus despite the difficult market environment for developers. As the company has now announced, the development pipeline amounted to EUR 1.9 billion as of June 30, 2023.
Monday, 18. September 2023

Pembroke breaks ground at Hästen 21

Pembroke welcomed Stockholm’s mayor Karin Wanngård together with 80 guests to the groundbreaking ceremony of their latest mixed-use development Hästen 21.
Monday, 18. September 2023

Nike Rise selects Bullring for first concept store in Birmingham

Nike will open its first ever „Nike Rise“ concept store in Birmingham at Bullring & Grand Central. According to Hammerson, this cleary reflects the strategy to reinvigorate the asset with new brands, concepts and market firsts.
Thursday, 14. September 2023

Multi Corporation expands fast-food portfolio with KFC acquisition

Multi Corporation has purchased a KFC fast-food restaurant located in Sittard. This investment represents Multi Corporation's second acquisition in the fast food sector within just 8 months, following the successful addition of a Burger King in Rotterdam in January 2023.
Wednesday, 13. September 2023

AEWU close to full deployment following £11.5m acquisition

AEW UK REIT has completed the purchase of a freehold, mixed-use asset in Bath city centre for £11,500,000, reflecting an attractive net initial yield of 8.0% and a capital value of £223 per sq ft. Following this acquisition, the Company is close to full deployment, with remaining cash available to invest of circa £3m.
Friday, 8. September 2023

URW sells Westfield Valencia Town Center for $199 m

Unibail-Rodamco-Westfield has sold Westfield Valencia Town Center, a Regional mall in Santa Clarita, California, to Centennial Real Estate at a total value of $199 million (at 100%, URW share 50%), above the $195 million debt amount (at 100%, URW share 50%) on the asset.
Thursday, 7. September 2023

Recovery of European retail markets gains breadth

As early as the first quarter of 2023, Union Investment's Global Retail Attractiveness Index (GRAI) showed tentative signs of recovery in individual European retail markets. This recovery gained strength and breadth in the second quarter. After the trend pointed upward in the first quarter for six of the 15 European countries...
Wednesday, 6. September 2023

Altera Vastgoed acquires supermarket Amazing Oriental in Eindhoven

Altera Vastgoed NV has acquired an individual supermarket in Eindhoven from a private investor. The single supermarket has a surface area of around 1,820 m² and its own car park, with 59 parking spaces. The supermarket has been leased to Amazing Oriental on a multi-year agreement.
Tuesday, 5. September 2023