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Retail

Fantomas selects Sloane Stanley for new restaurant

The Sloane Stanley Estate has announced that Fantomas, the new gastronomic concept behind dynamic duo George Bukhov-Weinstein and Ilya Demichev, is set to open on King's Road later this summer. The restaurant will be headed up by chef Chris Denney, adding another renowned and award-winning name to the borough of Chelsea.
Wednesday, 22. May 2024

M7 refinances Dutch portfolio with Société Générale and LBP AM

M7 Real Estate has completed the €62 million refinancing of M7 European Real Estate Investment Partners V's Dutch portfolio with existing lender Société Générale and a debt fund managed by LBP AM. The new 5+1+1-year co-arrangement facility is secured against a portfolio of 25 properties located across the Netherlands, includi...
Wednesday, 22. May 2024

Burley Browne expands property management rent role in Birmingham

West Midlands commercial property consultancy Burley Browne is celebrating winning two new property management instructions in Birmingham. The appointments to manage properties in Erdington and Handsworth brings the property management rent role to more than £6.5 million per year.
Tuesday, 21. May 2024

US capital swoops into UK CRE recovery with 64% y-on-y growth in investment

BNP Paribas Real Estate’s analysis of Q1 2024 has revealed that investment activity from US-based buyers into UK commercial real estate (CRE) has risen substantially, with London recording its highest share versus the rest of the UK in almost a decade. The analysis demonstrates that US-based investors are seeing value in curr...
Thursday, 16. May 2024

Cromwell sells retail portfolio for €285m to Star Capital

Cromwell Property Group sells six retail centres across Poland, held by the Cromwell Polish Retail Fund, to Star Capital Finance for €285 million. The portfolio totals more than 219,000 sq m and includes rights in six shopping centres: Janki in Warsaw, Kometa in Toruń, Korona in Wrocław, Tulipan in Łódź, Ster in Szczecin and ...
Thursday, 16. May 2024

Odeon named as new Queensgate leisure anchor

Odeon Cinemas will be the new anchor of the scheme's £60m leisure extension, opening an eight-screen cinema later this year. It marks a regional debut for the operator, as its first in Cambridgeshire, and reaffirms Queensgate's position as a top UK shopping centre destination, focused on delivering a well-rounded day-to-night...
Thursday, 16. May 2024

Valor enters Dutch last mile logistics market with Amsterdam acquisition

Valor Real Estate Partners has acquired a 24,079 sqm urban logistics property in North Amsterdam, from Aldi. It marks the company's debut transaction in what is one of Europe's dominant logistics markets, and where it has ambitions to significantly and rapidly scale.
Thursday, 16. May 2024

Primark unveils upsized space at Metrocentre

Primark has unveiled its new and upsized space at Metrocentre London. The addition of 14,100 sq ft on the ground floor has taken the store size to almost 80,000 sq ft across two floors – more than 100,000 sq ft when accounting for non-trading space – Primark's thirteenth biggest location in the UK.
Thursday, 16. May 2024

Gym operator muscles in with Birmingham expansion

Kingdom Gyms has agreed a long-term lease on a 9,019 sq ft unit at Coventry Road, Sheldon, in a deal negotiated by Johnson Fellows' agency partner Mark Fitzpatrick who acted on behalf of the Central Co-op.
Wednesday, 15. May 2024

Fire destroys Mirbuds shopping center „Marywilska“

A major fire in Warsaw has destroyed the city's largest shopping centre with around 1400 shops. The fire broke out in the Marywilska 44 shopping centre in the Bialoleka district in the early hours of the morning, firefighters said. The shopping centre is part of the portfolio of Mirbud Capital Group.
Monday, 13. May 2024