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Retail

BSH moves to Solna Business Park

Fabege has signed an agreement with household appliance manufacturer BSH Home Appliances AB for a new office and showroom for its Bosch, Siemens, NEFF and Gaggenau brands at Solna Business Park. The agreement covers a total of just over 4,300 square metres at the corner of Svetsarvägen. The agreement runs for 10 years.
Friday, 26. April 2024

Clintons opens first UK outlet store under new ownership

Northern Ireland's only premier designer outlet, The Boulevard is now officially home to the UK's first Clintons outlet store, under the new management and ownership of Cardzone, as it opened its doors to customers on Saturday 20 April 2024.
Friday, 26. April 2024

Kesko acquires assets Espoo and Salo from eQ Oyj

Kesko has acquired two properties from eQ Commercial Properties Fund: the Sinikallio shopping centre in Mankkaa, Espoo, and the property where its K-Citymarket Salo hypermarket operates. Kesko has long been the primary tenant and main user of both properties.
Friday, 26. April 2024

Full basket, low tickets

According to Aulina Brzeszkiewicz-Kuczyńska, Research and Data Manager at Avison Young, the total investment volume in 2024 was €364 million, the weakest first quarter result in recent years.
Friday, 26. April 2024

Castellum sells ten properties for SEK 934m

Castellum is selling ten properties for SEK 934m less deferred tax and overheads totalling approximately SEK 25m. The sale price confirms the carrying amount. The deal is expected to close on 31 May.
Thursday, 25. April 2024

IGD closes sale of Italian retail portfolio to Sixth Street and Starwood

IGD SIIQ S.p.A signed the definitive contract, in execution of the preliminary agreement disclosed to the market on 23 February 2024, with Sixth Street and controlled affiliates of Starwood Capital and Prelios SGR S.p.A. The transaction involves the sale, by IGD, of a real estate portfolio for €258 million, consistent with th...
Wednesday, 24. April 2024

Multi expands its Dutch fast food portfolio

Multi Corporation hat acquired a newly developed fast food asset in Kampen. The property is leased for 15 years to KFC, which opened its restaurant in March, and represents Multi Corporation’s third fast food property acquisition following two acquisitions in 2023. The property was developed by TBW Projects, part of Dutch ind...
Tuesday, 23. April 2024

Three new brands in Lixa City Gardens

The Rico restaurant, the Ramenownia ramen place and LunaSkin beauty parlour are the three brands to have joined the tenant roster of the Lixa City Gardens retail concept, which has been arranged in the Lixa office complex near Warsaw’s Daszyński Roundabout. Yareal Polska, based on new agreements, has leased over 550 m² of mod...
Tuesday, 23. April 2024

Vastned offloads €100m Amsterdam Rokin Plaza

Vastned has sold the prime retail asset Rokin Plaza to a private investment company for €100m. The multi-tenant complex at the prime location in the city centre of Amsterdam is let to fashion brands Uniqlo and Pull & Bear. The office space on the top floors is let to Effectory.
Thursday, 18. April 2024

Shaftesbury Capital signs new F&B concepts in Soho

Shaftesbury Capital has announced six new hospitality additions to its Soho portfolio. Kingly Street welcomes two new signings from The Counter and Little Door & Co. alongside the upsize of pub and cocktail bar Two Floors; whilst three-storey alfresco dining destination, Kingly Court, has introduced two new debut concepts, Li...
Thursday, 18. April 2024

Metrocentre‘s Green Mall welcomes trio of retail brands

Sovereign Centros from CBRE has announced a trio of retail additions set to join Metrocentre‘s Green Mall, leading with specialist kitchenware brand, ProCook. The destination is also seeing footwear retailer, Clarks, and lingerie brand, Victoria's Secret, both relocating from the Lower Red Mall, showcasing the strength and ap...
Thursday, 18. April 2024

Good start for Polish retail market

Cushman & Wakefield has summarised the situation on the Polish retail market. The opening of 2024 is encouraging and new retail space supply in the coming months is likely to match or even surpass last year’s total. The Polish market continues to attract interest from new brands, borne out by several debuts. More arrivals are...
Thursday, 18. April 2024