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Retail

Aldi opens its doors at Bieshof in Dordrecht

Altera Vastgoed is joining with its partners to celebrate the opening of the Aldi supermarket in the Bieshof community shopping centre. After Albert Heijn and Plus, Aldi is the third supermarket in the shopping centre, which also has a strong fresh food section with Zuivelhoeve, Keurslager and a local fish shop and vegetable ...
Friday, 9. December 2022

Forest Essentials opens first European store in Covent Garden

The boutique UK real estate investment manager, Lothbury Investment Management has secured pioneering Indian skincare and wellness brand, Forest Essentials as a tenant at Lothbury Property Trust’s flagship holding in London’s Covent Garden. The unit at 28 James Street has been let to the upmarket brand at an annual rent of £4...
Wednesday, 7. December 2022

Focus acquires Atrium Mosty in Płock

Focus Estate Fund  has closed the transaction on the acquisition of the Atrium Mosty shopping centre in Płock with a total area (GLA) of 18,000 m². It is the fifth investment of the fund into the Polish retail sector. The other four assets are located in such cities as Opole, Sandomierz, Zgorzelec, Bartoszyce.
Wednesday, 7. December 2022

British Land lets entire Storey space at 155 Bishopsgate

British Land has let the entire Storey space at 155 Bishopsgate, a newly refurbished building at its Broadgate campus, to Levin, the global tech talent marketplace, which has signed an agreement to lease 23,000 sq ft of space, for its new London Headquarters.
Monday, 5. December 2022

AEW UK REIT acquires two high yielding retail assets in Bath and Bromley

AEW UK REIT has unconditionally exchanged on the purchase of a 67,020 sq ft mixed-use block located in Bath city centre at a price of £13,000,000, reflecting a low capital value of £194 per sq ft and an attractive net initial yield of 8.5%. Completion of the asset purchase is expected later this week.
Thursday, 1. December 2022

Ingka Centres unveils its new global food and beverage concept

Ingka Centres, part of the Ingka Group (which includes IKEA Retail and Ingka Investments), yesterday unveiled its new global food and beverage concept, Saluhall. Named after the Scandinavian-style ‘Market Hall’, Saluhall will reinvent the traditional shopping centre food offer with a Scandinavian twist, bringing delicious, pr...
Wednesday, 30. November 2022

Redevco signs lease agreement with Inditex for Zara store in Rotterdam

Redevco and fashion retail group Inditex have signed a lease agreement for the Coolsingel 80 commercial building in Rotterdam, where Inditex will establish a Zara flagship store. The Zara store in Rotterdam will be one of the largest Inditex stores in the world and the largest in the Netherlands. Its opening is scheduled for ...
Tuesday, 29. November 2022

Northdale and Magnetar acquire shopping centres in Birmingham

Lunson Mitchenall has advised Northdale Asset Management and Magnetar Capital on the purchase of Corby Town Centre and One Stop Shopping, Birmingham. The retail hubs were sold for a collective £76 million. Both centres are dominant local retail staples with a strong emphasis on community use.
Wednesday, 23. November 2022

Multi Corporation refurbishes Forum Palermo

Multi Corporation has recently refurbished and extended Forum Palermo. The project included an extension of the food court, a reclassification of store space, new anchor stores and an investment in energy savings. These proactive asset management initiatives have resulted in higher rental income and sales, whilst reducing ene...
Wednesday, 23. November 2022

NEPI Rockcastle acquires shopping centre in Toruń

Linklaters has advised NEPI Rockcastle, the premier owner and operator of shopping centres in Central and Eastern Europe, on the acquisition of Atrium Copernicus Shopping Center, located in Toruń, from Atrium Retail. The agreed property value is €127 million, subject to adjustments agreed by the parties.
Friday, 18. November 2022

Investment volume in CEE up by 3%

Due to strong Q1 activity, partially spilling over from last year, investment volumes for the first three quarters of 2022 totalled €7.5 billion. Year-end 2022 volumes could reach between €9.0 and 10.0 billion reveals the report “CEE Investment Scene Q1-Q3 2022” by Colliers.
Thursday, 17. November 2022

Immofinanz opens its largest retail park in Croatia

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.
Tuesday, 15. November 2022

AM alpha starts revamp of Rylands building, Manchester

AM Alpha is to convert the iconic Rylands building on the corner of Market Street and High Street in Manchester into a mixed-use development comprising retail, leisure and office space. The Munich-based Family Office acquired the 46,000 sqm former „Debenhams department store“ in 2017 for €98 million.
Monday, 14. November 2022

Deepki launches its ESG Index

Deepki, the only company in the world offering a fully populated ESG data intelligence platform for the real estate sector, has today launched its "ESG Index“ in partnership with the IEIF (Institut de l’Epargne Immobiliere et Fonciere), in order to help real estate players understand the performance of their assets and meet t...
Wednesday, 9. November 2022

Boutique Belgian chocolatier to open at The Sidings

World-famous chocolatier Neuhaus has announced that it is joining The Sidings, the new experience-led, leisure, dining and retail destination from the UK government’s placemaking expert LCR.
Wednesday, 9. November 2022