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» Chronological View: " Retail " «

Plans revealed for the transformation of Manchester's Great Northern Warehouse

Plans revealed for the transformation of Manchester's Great Northern Warehouse

Plans for the transformation of the Great Northern Warehouse and Square have gone on show in Manchester at a public exhibition organised by the partnership that owns the site, Trilogy Real Estate and Peterson Group. The exhibition will give the public the opportunity to view the plans and comment ahead of a planning applicati...
Montag, 21. August 2017
Opus North remains extremely optimistic about Skipton Retail Park

Opus North remains extremely optimistic about Skipton Retail Park

Opus North remains extremely optimistic about the future of its €7.1 million (£6.5 million) retail park in Skipton. The 35,000 sq ft retail park, which is located on part of the site of the Guyson's International factory on Keighley Road in Skipton, had a recent setback when DIY giant Wickes pulled out of the development.
Montag, 21. August 2017
Orla Kiely makes its shopping centre debut at Brent Cross

Orla Kiely makes its shopping centre debut at Brent Cross

Hammerson and Standard Life Investments announce that contemporary designer Orla Kiely is due to open a new pop-up store at Brent Cross in North London. This will be the first shopping centre store for the Dublin-born designer. Due to open in August 2017, the pop-up will run for six months, taking a 2,074 sq ft store in mall ...
Freitag, 18. August 2017

Hotel Chocolat debuts café store in Dundrum Town Centre

Hotel Chocolat has chosen Dundrum Town Centre by Hammerson to open its first café store in Ireland. The new, 102 sq m café store at Dundrum marks an all-important first for Hotel Chocolat in the Irish market, and will offer the centre's shoppers its full range of exclusive chocolates as well as the brand's own café. Due to op...
Donnerstag, 17. August 2017

EuroShop increases profit

The shopping center investor Deutsche EuroShop recorded net operating income (NOI) of €95.3 million (+4.0%) in the first half of 2017, on revenues of €105.8 million (+3.9% year on year). Earnings before interest and taxes (EBIT) increased by 4.1% to €92.5 million. CEO Wilhelm Wellner was extremely satisfied with the significa...
Mittwoch, 16. August 2017
Knight Frank commercializes Nowa Fabryczna in Lodz

Knight Frank commercializes Nowa Fabryczna in Lodz

Knight Frank has been chosen as the agent responsible for the commercialization of retail spaces of the Nowa Fabryczna complex in Lodz, completed by Skanska Property Poland. Nowa Fabryczna is a unique property and part of the changing face of downtown Lodz. The Fabryczny Railway Station was rebuilt and the neighbouring EC1 po...
Mittwoch, 16. August 2017
Hines acquires Mira Shopping Center in Munich

Hines acquires Mira Shopping Center in Munich

Hines has purchased the Mira Shopping Center in the north of Munich on behalf of a German special real estate fund, from a fund managed by GLL Real Estate Partners. In the long term, the property is to remain in the strategic holdings of the special investment fund and be developed further according to a new concept. Hines ac...
Dienstag, 15. August 2017

Westquay welcomes Smiggle and Yankee Candle to Southampton

Smiggle, the Australian stationery retailer, and Yankee Candle, the home fragrance retailer, are to join the line-up of brands at Westquay, the retail and leisure destination of Hammerson. Smiggle will be moving into a 2,254 sq ft store in Above Bar mall, which is expected to open in September. Set to open in October, US reta...
Dienstag, 15. August 2017

Avignon Capital sells prime retail asset in Croydon

Avignon Capital has disposed of 75 North End, Croydon, let to retailer Pandora, for €3m (£2.7m), reflecting an IRR of 73%. The unit was acquired as part of a portfolio of three prime retail assets in late 2016 for €6.7m (£6.05m). The three retail units are located on North End, a popular pedestrianised street in Croydon, let ...
Dienstag, 15. August 2017
Star Capital Investments acquires the Futurum Ostrava Business Centre and OC Haná

Star Capital Investments acquires the Futurum Ostrava Business Centre and OC Haná

Star Capital Investments has become the new owner of Futurum Ostrava and OC Haná. CBRE participated in these transactions, representing the foreign sellers. CBRE also manages the building and leasing activities for Futurum Ostrava.
Montag, 14. August 2017
Patrizia acquires mixed-use ‘Colosseo’ in Frankfurt from Hannover Leasing

Patrizia acquires mixed-use ‘Colosseo’ in Frankfurt from Hannover Leasing

Patrizia Immobilien AG has acquired the 26,600 sq m mixed-use ‘Colosseo’ building in Frankfurt from a institutional DIV fund, managed by Hannover Leasing. The acquisition was made on behalf of an individual mandate from a pension fund client. Located in the popular Sachsenhausen district, the seven-storey, ring-shaped buildin...
Montag, 14. August 2017

Spire Automotive gets new dealership in London

Standard Life Investments, on behalf of a segregated client, has secured a pre-let to Spire Automotive Limited, owned by Group 1 Automotive, for a landmark Jaguar Land Rover car dealership in north London. Spire has agreed a 20-year lease for 82,000 sq ft of space over five floors at Staples Corner Business Park. The deal is ...
Montag, 14. August 2017

Newcore Capital completes €16 million portfolio repositioning transactions

Newcore Capital Management has completed five property transactions for a total of €16 million (£14.5 million) as part of the repositioning of its clients’ portfolios. The transactions comprise two acquisitions in Bristol and Bath and three sales in Newcastle-under-Lyme, Hertford and Bishop’s Stortford.
Freitag, 11. August 2017

UBS acquires retail gallery in Madrid for €57.0

UBS Asset Management's (UBS-AM) Real Estate & Private Markets (REPM) business has acquired the retail gallery part of Las Rosas Shopping Centre in the San Blas district of Madrid, on behalf of a client for €57.0 million. The vendor, Hispania Retail Properties (HRP), a partnership owned by GreenOak Real Estate amongst others, ...
Donnerstag, 10. August 2017

KanAm institutional fund makes first investments in Frankfurt und Stuttgart

The KanAm Grund Group concentrates on Germany's strongest economic regions in the south with a new real estate fund for institutional investors. The Fokus Süddeutschland fund, which has already purchased in Frankfurt and is currently securing the next project in Stuttgart, has set its sights on a target volume of €500 million...
Donnerstag, 10. August 2017
AFI Brasov Mall begins the construction with 80% assigned spaces

AFI Brasov Mall begins the construction with 80% assigned spaces

AFI Romania has already assigned 80% of the spaces in AFI Brasov. The mall has recently obtained the construction permit and will be the third shopping center AFI Romania is developing in Romania. The shopping center will offer a total gross leasable area of 45,000 sqm (160,000 GBA) that will be combined with additional 2 „Cl...
Donnerstag, 10. August 2017

German retail transaction volumes reach €5.7 billion in H1 2017

According to Colliers International Deutschland, German retail assets posted €5.7 billion in transaction volumes at mid-year 2017. Despite activity slowing somewhat compared to the previous quarter, the market segment saw an increase of 79% yoy and proved to be one of the top runners in the extremely active German investment ...
Donnerstag, 10. August 2017