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» Chronological View: " Retail " «

Catella’s new property company acquires portfolio of 72 Swedish grocery stores

Two hundred clients of Catella and its distributor partners have subscribed for shares in newly formed company Tre Kronor Property Investment AB (publ), which through a subsidiary has acquired a portfolio of 72 grocery properties in southern Sweden. The company’s chairman is Bernt-Olof Gustafsson, formerly the CEO of KF Fasti...
Thursday, 19. October 2017
Idec Invest celebrates groundbreaking at Viaduc Village

Idec Invest celebrates groundbreaking at Viaduc Village

Groupe Idec Invest today held the groundbreaking event for its future outlet village Viaduc Village in the town of La Cavalerie, next to the Millau Viaduct in the South of France. The ceremony was held in the presence of François Rodriguez, the Mayor of La Cavalerie, as well as Lionel Mary, General Manager of Groupe Idec Inve...
Thursday, 19. October 2017

Hammerson completes acquisition of Paris shopping centre

Hammerson has completed the acquisition of the 11,000 m² shopping centre Cergy 3 adjoining its centre Les Trois Fontaines, Cergy Pontoise, Paris for €81 million (£72 million) from a private vendor.
Thursday, 19. October 2017

Focus Estate Fund acquired Most Retail Park

Focus Estate Fund investment fund acquired Most Retail Park located in Most with 6,471 sq.m of retail space. This is Focus Estate's third investment in European commercial real estate. The seller of the property TK Development was represented by Dentons. The buy side was backed by Kocián Šolc Balaštík (KSB) and BDO and the fu...
Wednesday, 18. October 2017

Coach launches regional flagship at Bullring

Bullring announces that Coach has opened its debut flagship store in Birmingham at Bullring. The new 280 sq m store is located on the upper east level of the mall, in close proximity to a number of premium brands. This latest opening marks the brand's fourth store outside of London. Bullring has an annual footfall of over 36 ...
Wednesday, 18. October 2017

Tristan fund sells Eroski/Carrefour retail portfolio for €149m

European Property Investors Special Opportunities (EPISO), the opportunistic fund advised by Pan-European real estate manager Tristan Capital Partners, has sold a portfolio of seven Spanish retail properties to private equity firm MDSR investments for €149 million. The portfolio is occupied by Eroski at 58% and Carrefour at ...
Wednesday, 18. October 2017

New occupiers move to East Preston commercial development

The take up of units at a new business development in East Preston continues with only a handful of units still available, reports Robert Pinkus & Co LLP. Ribble Court is the most recent 23,500 sq ft speculative development to be built by Tustin Developments Ltd at Red Scar Business Park, East Preston. With 40% of the units p...
Wednesday, 18. October 2017
Savills Larry Smith appointed to manage Il Castello Shopping Centre in Ferrara

Savills Larry Smith appointed to manage Il Castello Shopping Centre in Ferrara

Eurocommercial Properties Italia, Coop Alleanza 3.0 and the consortium of „Il Castello“ Shopping Centre have appointed Savills Larry Smith to manage their Ferrara asset. „Il Castello“ shopping centre, which opened in 1990, has a 38 500 sqm shopping gallery, a total of 90 shops ranging from clothing, accessories, bars and rest...
Wednesday, 18. October 2017

Rockspring signs up Superdry at Fairhill Shopping Centre in Ballymena

Rockspring Property Investment Managers LLP on behalf of its UK Value 2 LP has signed a 10 year lease with international clothing brand Superdry at Fairhill Shopping Centre, Ballymena. Rockspring acquired the shopping centre, which is asset managed by its partner Cordatus Real Estate, in September 2015.
Tuesday, 17. October 2017

Irish retail sector momentum continues

CBRE recently released their latest research report, focussing on trends in the retail sector of the Irish economy and property market. According to CBRE, during the last six-month period the Irish retail sector has continued to show positive fundamentals driven by strong economic conditions and monthly footfall figures. Reta...
Tuesday, 17. October 2017
BMO Real Estate Partners expands with two new appointments

BMO Real Estate Partners expands with two new appointments

BMO Real Estate Partners has appointed Kenneth Yuen as an Analyst in its investment management team, and Dan Walsgrove as a Retail Asset Manager. Yuen, who will report directly to Richard Kirby, Director, Property Funds, will support the investment team and will be responsible for the analysis of acquisition opportunities for...
Friday, 13. October 2017

BMO REP acquires Van Graaf department store in Prague

BMO Real Estate Partners (BMO REP), part of Canada's BMO Financial Group's AUM Global Asset Management business, announces the purchase of a high end department store in Prague, which is occupied by Van Graaf, on behalf of investors in its pan-European retail property investment fund. BMO Real Estate Partners acquired the bui...
Friday, 13. October 2017

Opus North completes 32 deals and lease renewals across the 3 shopping centres

Opus North have enjoyed a stellar year at their 3 shopping centres in Hunslet, Sheffield, and Widnes, which were purchased in a sale and leaseback deal from Morrisons in 2015. During the past 12 months, Opus North has completed 32 deals and lease renewals across the portfolio. These include lease renewals to tenants including...
Friday, 13. October 2017
Debenhams opens at the Mander Centre

Debenhams opens at the Mander Centre

A new 93,000 sq ft anchor Debenhams store has opened at the Mander Centre in Wolverhampton. The new store has created more than 150 new jobs at the 600,000 sq ft shopping centre. The opening of Debenhams is part of a £35 million (c.€39 million) redevelopment of the Mander Centre by owners, Benson Elliot. Property advisor, Cus...
Thursday, 12. October 2017

Master Management Group opens new retail concept

Master Management Group is planning the first European outlet center with a village designed concept in Poland. This type of scheme is a destination in itself for customers and tourists who often come out on day trips to shop for bargains and spend time away from the bustle of the city. The first phase of the project located ...
Wednesday, 11. October 2017

Pbb provides €22 million medium term credit facility to CBRE PFCEE

Pbb Deutsche Pfandbriefbank provided an investment facility of €22 million to CBRE Property Fund Central and Eastern Europe (CBRE PFCEE), an investment fund focusing on retail assets in Poland and Slovakia, managed by CBRE Global Investors. This is the second transaction after the refinancing of Wars Sawa Junior retail scheme...
Wednesday, 11. October 2017

Cedar Invest secures approval for Macclesfield retail park

Cedar Invest, advised by Gerald Eve, has secured planning permission for a Macclesfield retail park following a public inquiry that has ruled in its favour. The circa 13,000 sq m scheme will be located on a 2.74-hectare former industrial site to the north of Macclesfield town centre, adjacent to the junction between the A523 ...
Wednesday, 11. October 2017