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» Chronological View: " Retail " «

Bedford Estates signs new health food concept café for London’s Store Street

Bedford Estates signs new health food concept café for London’s Store Street

The Bedford Estates has signed up the first UK take-away restaurant. KOOX is a new health food concept created in collaboration with top chefs from a 3* Michelin restaurant. The food-concept will introduce unique products never seen before in the London take-away market, freshly-made, seasonal and for the health conscious. Th...
Tuesday, 9. January 2018

Second highest Nordic transaction volume ever in 2017

Transaction volumes in the Nordic commercial real estate market will exceed €42 billion in 2017. This is the second highest level ever recorded and Sweden is the only country showing lower volumes than last year, according to new figures from Pangea Property Partners.
Monday, 8. January 2018

AXA IM - Real Assets acquires flagship retail asset in Venice for c. €46 million

AXA Investment Managers - Real Assets has acquired, on behalf of a client, of a prime retail asset in the centre of Venice from a private investor for €45.75 million. Serving as Zara's flagship outlet in Venice, the high street property totals 2,660 sqm arranged over five floors. The asset was launched in its current form in ...
Monday, 8. January 2018

L'Occitane and Pierre Hermé move to Galerie des Champs-Elysées

Beauty products group L'Occitane and pastry chef Pierre Hermé have decided to combine their expertise and their retail universes to offer consumers a shared store. „We are partnering with L'Occitane and Pierre Hermé in creating a welcoming and refined concept store. Rotating banners in the Galerie des Champs-Elysées shopping ...
Friday, 5. January 2018

Shopping Centres will reinvent themselves as mixed-use destinations by 2030

Shopping Centres of the future will become just ‘centres’ and will reinvent themselves as mixed-use destinations. Healthcare, educational and leisure facilities will all become a fundamental part of the shopping centre, according to new insights from the Future of Retail 2030, by CBRE.
Friday, 5. January 2018
McArthurGlen appoints McLaren Construction on the £90m Ashford DOC expansion

McArthurGlen appoints McLaren Construction on the £90m Ashford DOC expansion

McArthurGlen confirmed today that McLaren Construction has been appointed on the £90 million (c.€101.2 million) Phase II extension of Ashford Designer Outlet ahead of building works commencing later this month. The expansion forms part of the Group's 1.6 million sq ft active development pipline coming through over the next th...
Thursday, 4. January 2018

EPP closes the first tranche of M1 portfolio acquisition

Today, EPP announced closing of the first tranche of the M1 portfolio, which is valued at €358.7 million and comprises of the following shopping centres namely M1 Czeladź, M1 Kraków, M1 Lódź and M1 Zabrze. The total GLA of the four centres is 194,400 m² and has an aggregate NOI of €25.1 million.
Thursday, 4. January 2018

DTZ Investors Buys Combined House and International House for £55.9m

DTZ Investors has completed the purchase of Combined House and International House, Kingston-upon-Thames (Greater London) for a price of £55.9m (c.€62.8m). The asset includes two 10-storey buildings and a shopping mall comprising 144,200 sq ft of hotel and retail accommodation plus a 366-space multi-storey car park. The two h...
Thursday, 4. January 2018
Advance Construction submit plans for major Glenrothes regeneration

Advance Construction submit plans for major Glenrothes regeneration

Advance Construction has submitted plans for a major regeneration project, which will transform the historic Tullis Russell Paper Mill site in Fife. The company is proposing circa 850 much-needed homes as well as retail and leisure facilities, employment, business space, industrial units and a new care home.
Wednesday, 3. January 2018
CBRE manages Van Graaf’s Building in Prague

CBRE manages Van Graaf’s Building in Prague

CBRE has been given a new mandate for managing retail, office and residential building in Wenceslas Square in Prague, where Van Graaf department store is the majority tenant. The change of the building manager occurred as part of its sale. The new owner is a fund managed by BMO Real Estate Partners, part of the Bank of Montre...
Wednesday, 3. January 2018

Pandox divests retail property in Brussels

Pandox has entered into an agreement to divest a retail property linked to The Hotel Brussels, for approximately €34 million, to a discretionary real estate fund managed by BMO Real Estate Partners. The divestment of the property is expected to have a positive effect on EPRA NAV of approximately €4 million (corresponding to t...
Tuesday, 2. January 2018

RDI sells retail portfolio for €205 million to Patrizia

Further to the announcement on 6 November 2017 regarding the exchange of contracts with Patrizia Immobilien AG for the sale of the Leopard Portfolio, comprising 66 German retail properties, RDI has completed the sale on 29 December 2017.
Tuesday, 2. January 2018

CBRE predicts extraordinary demand for industrial and office space in 2018

CBRE has released the Czech Republic Real Estate Market Outlook 2018 for investment, office, industrial and retail sector. “We expect the Czech economy to remain strong in 2018. Although wage costs are rising, companies are continuing to expand, which is good news for the office and industrial sectors. As wages are rising fas...
Tuesday, 2. January 2018

Spaces enters Centrum Marszalkowska

Spaces has leased 4,200 sq m of office space in Centrum Marszalkowska. As a consequence, Warsaw will become the brand’s first location in Poland. Experts from JLL advised Spaces on the process of negotiating lease terms. Baker & McKenzie supported the company in all legal aspects. The developer of Centrum Marszalkowska - BBI ...
Tuesday, 2. January 2018
Hermes acquires the Co-op Group's stake in Noma

Hermes acquires the Co-op Group's stake in Noma

Hermes Investment Management has acquired The Co-op Group's entire share interest in the sites and buildings within their Noma Joint Venture (JV). Noma is an urban regeneration scheme in Manchester and the largest development project in North West England. The 20-acre mixed-use redevelopment scheme, which is transforming Manc...
Tuesday, 2. January 2018