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» Chronological View: " Retail " «

Weekday opens its first UK store on Regent Street

Weekday opens its first UK store on Regent Street in London. Launched in 2002 in Stockholm, Weekday already has stores across Austria, Belgium, Denmark, Germany, Netherlands, Norway and Sweden, and will now expand into London and Paris over spring/summer 2017. Weekday is the latest international fashion brand to join Regent S...
Thursday, 27. April 2017

H&M group’s Arket launches first store on Regent Street in London

Opening in autumn 2017, Arket offers men’s, women’s and children’s ready-to-wear collections and homeware. Its range will include Arket’s own products as well as a selection of the best examples from other brands. Arket will be the fifth store from the H&M group to open on the Street, alongside Weekday’s recently announced UK...
Thursday, 27. April 2017

Jumbo retains its position as the largest shopping centre by the volume of total sales

The shopping centre Jumbo, located in the vicinity of the Helsinki-Vantaa International Airport, experienced rapid growth in 2016 with an increase of 4.4% in total sales and 11% in visitor numbers. In 2016, the total sales at Jumbo reached €413.7 million and the shopping centre was visited by almost 11.8 million customers.
Thursday, 27. April 2017
Halle Leipzig The Style Outlets starts expansion works

Halle Leipzig The Style Outlets starts expansion works

Neinver, sole tenant and operator of Halle Leipzig The Style Outlets, is celebrating the centre’s first anniversary, coinciding with the expansion works that start in this month of April. Since its opening in April 2016, the first outlet centre in central Germany has welcomed more than one million visitors and has recently ad...
Thursday, 27. April 2017
Union Investment acquires Italian Le Befane and Mercado in Nuremberg

Union Investment acquires Italian Le Befane and Mercado in Nuremberg

Union Investment has officially announced the closing of the deal for the Italian shopping centre Le Befane, which the funds management company has purchased at the end of last year in the course of a portfolio deal. The object derives from the property portfolio CS Euroreal of Credit Suisse. The deal consists of four propert...
Wednesday, 26. April 2017

Fabege and SHH build 225 homes in Kista

Fabege and SHH have signed a contract on jointly developing around 225 tenant-owner apartments on Kista Gårdsväg in Kista, north of Stockholm. Last autumn, Fabege gained entry to the property Selfoss 1 under the land option previously acquired from the City of Stockholm. SHH has now acquired 50% of the development company and...
Wednesday, 26. April 2017

Outlet Park Szczecin with record-high number of visitors

Outlet Park Szczecin, owned by Echo Polska Properties, is the most popular outlet in Poland - in the first quarter of this year it was visited by 825,837 people – more than in case of other similar outlets. Average monthly footfall in Outlet Park Szczecin amounts to 290,000 customers.
Wednesday, 26. April 2017

Chique leases space at Meadowhall Business Park

Chique, a makeover and photoshoot studio has opened its first base in South Yorkshire – bringing its third premises to the region as part of ambitious expansion plans. Owners Mark and Jane Earnshaw and Lauren Crainer from Chique Photography already operate studios in Wakefield and Huddersfield and saw Sheffield as a strategic...
Wednesday, 26. April 2017
Barnsley's regeneration kick starts with Glass Works ground breaking

Barnsley's regeneration kick starts with Glass Works ground breaking

The Mayor of Barnsley, Cllr Linda Burgess, joined other key stakeholders at the ground breaking of The Glass Works in Barnsley. The event marked the start of construction of a €6.2 million (£5.3 million) library, the first permanent building within the transformative town centre project being spearheaded by the Barnsley Counc...
Wednesday, 26. April 2017
JLL appointed as leasing agent for a new shopping centre in Moscow

JLL appointed as leasing agent for a new shopping centre in Moscow

The ENKA TC company has appointed the JLL team as co-exclusive consultant on marketing and leasing the new shopping and entertainment centre on Kashirskoye highway in Moscow. This modern shopping mall with the total area of 195,500 sq m is to open in the early 2018. The shopping and entertainment centre will appear in place o...
Wednesday, 26. April 2017

The Polish retail market stands second to none

With the impressive 66% growth of retail sales per capita since 2004, Poland stands second to none in Europe. Over the past five years both the retail stock and the retail sales have been growing steadily at the level of 20% cumulatively, according to an analysis released by Cushman & Wakefield. Forecasts for the next decade ...
Monday, 24. April 2017
Commerz Real buys shopping centre in Mülheim for HausInvest

Commerz Real buys shopping centre in Mülheim for HausInvest

Commerz Real has acquired the inner-city shopping centre “Forum City Mülheim” with a total area of approx. 47,300 square metres for its open-ended real estate fund HausInvest. The seller is a special purpose vehicle administered by JP Morgan Asset Management, a subsidiary of the US investment bank JP Morgen Chase. It was agre...
Friday, 21. April 2017
Land Securities and Delancey exit The Metro Shopping Fund

Land Securities and Delancey exit The Metro Shopping Fund

Land Securities and Delancey have exited The Metro Shopping Fund following completion of the sale of the 50 per cent stake in Southside Shopping Centre currently held by DV4, clients of Delancey, to Invesco Real Estate for €179m (£150m), and the sale of Land Securities 50 per cent stake in ShopStop, Clapham Junction to DV4. T...
Friday, 21. April 2017

A year of spectacular retail openings lie ahead

JLL summarizes Q1 2017 on the retail market in Poland. “By the end of Q1 2017, total retail stock in Poland was 13.4 million sq m. Shopping centres accounted for 9.5 million sq m, while retail parks, warehouses and outlet centres accounted for 9.5 million sq m in total. In the first three months of 2017, the market gained a m...
Friday, 21. April 2017
Further lettings seured at City Tower in Manchester

Further lettings seured at City Tower in Manchester

Schroder Real Estate Investment Management has secured a further 47,500 sq ft of new office lettings at City Tower, Manchester, taking total new secured income post its refurbishment of the vertical business district to over €1.7 million (£1.4million). The National Institute for Health and Care Excellence („NICE“) has complet...
Thursday, 20. April 2017

Pradera appoints BNP Paribas Real Estate to manage its retail parks and shopping centers

BNP Paribas Real Estate has been selected to provide property management services in 8 countries on behalf of Pradera. BNP Paribas Real Estate will take over the property management of 25 properties that include Ikea among the key retailers, along with other major national and international brands. Pradera will act as asset m...
Thursday, 20. April 2017