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Shopping Centres

Savills IM appoints Pradera as property manager for Italian portfolio

Pradera Management Italy has been appointed by Savills Investment Management SGR SPA, acting on behalf of Fondo Gator and Fondo Panther, as property manager, exclusive leasing agent and retail strategic advisor for Le Isole Shopping Centre in Gravellona Toce, Buonvento Shopping Centre in Benevento and Brinpark Retail Park in ...
Thursday, 19. October 2023

Darts concept chooses Grosvenor's Liverpool One

Grosvenor has announced that Flight Club has selected Liverpool One’s Chavasse Park for its latest location and first venue in the city. The social darts concept will join Liverpool One's leading line-up of leisure brands including Junkyard Golf Club, Roxy Ballroom and the recently launched 100,000 sq ft Gravity Max flagship.
Wednesday, 18. October 2023

Unibail sells Polygone Riviera for €272.3m

Unibail-Rodamco-Westfield (URW) has got a binding offer from Frey, a real estate company specialising in the development and operation of outdoor shopping centres in Europe, to acquire Polygone Riviera for a net disposal price of €272.3 at a 4% discount to last unaffected book value.
Friday, 13. October 2023

NEPI Rockcastle opens Promenada Craiova

NEPI Rockcastle’s €136 million Promenada Craiova development in central southern Romania officially opens its doors today. The retail scheme has attracted a host of international brands and is the largest retail development by size and investment value opening in Central and Eastern Europe in 2023, according to CBRE.
Friday, 6. October 2023

Waterstone opens in Rushmere Shopping Centre

Opening its doors tomorrow, Waterstones is set to add a fresh chapter of retail vibrancy at Rushmere Shopping Centre, Craigavon. Occupying a 4,668 sq. ft. unit, adjacent to anchor tenant Primark, this will mark Waterstones' 9th store in Northern Ireland, asserting the book retailer’s confidence in the buoyant local market.
Friday, 6. October 2023

Real I.S. extends three tenancy agreements in Hamburger Meile

Real I.S. AG und ECE Marketplaces have successfully extended the tenancy agreements with three long-term tenants in the Hamburger Meile shopping centre. The fashion retailers H&M, C&A und TK Maxx have extended their contracts covering around 2,800, 2,700 and 2,300 square metres of warehousing and selling space respectively.
Thursday, 5. October 2023

Złote Tarasy attracts more new tenants

Popeyes is to open its first Warsaw restaurant in Złote Tarasy on 21 September. The fast food chain from Louisiana is the seventh new tenant to come to Złote Tarasy in 2023 after such brands as Lush, Candy Pop, and Hugo. Cushman & Wakefield, which is responsible for the re-commercialisation and property management for the sch...
Wednesday, 20. September 2023

SES purchases the IL Grifone shopping center

SES Spar European Shopping Centers is consolidating its position in the Northern Italian market. With the purchase of the IL Grifone shopping center in Bassano del Grappa, located in the highly affluent region of Vicenza/Veneto, the real estate developer and operator takes over a well-established location with immediate effec...
Monday, 18. September 2023

Nike Rise selects Bullring for first concept store in Birmingham

Nike will open its first ever „Nike Rise“ concept store in Birmingham at Bullring & Grand Central. According to Hammerson, this cleary reflects the strategy to reinvigorate the asset with new brands, concepts and market firsts.
Thursday, 14. September 2023

URW sells Westfield Valencia Town Center for $199 m

Unibail-Rodamco-Westfield has sold Westfield Valencia Town Center, a Regional mall in Santa Clarita, California, to Centennial Real Estate at a total value of $199 million (at 100%, URW share 50%), above the $195 million debt amount (at 100%, URW share 50%) on the asset.
Thursday, 7. September 2023

SES invests €5.5 million in Slovenia

The number of photovoltaic surfaces installed on SES shopping malls is constantly increasing. This year, SES has invested approximately €5.5 million in the construction of photovoltaic systems in the five Slovenian shopping centers, namely Aleja, Citypark and Center Vic in Ljubljana, Citycenter Celje and Europark Maribor.
Wednesday, 30. August 2023

AEW UREF buys Windsor Royal shopping centre for £18.5m

AEW announces that its Urban Real Estate Fund (UREF) has acquired Windsor Royal Station and 1 Thames Street, a shopping centre in Windsor for £18.5 million, reflecting a net income yield of 9.6% and a WAULT of 6.5 years to break. The property immediately adjoins Windsor Yards Shopping Centre, acquired by UREF in 2021.
Tuesday, 29. August 2023

Søstrene Grene to open first Surrey store at Woking's Victoria Place

in Woking is to welcome Danish homeware retailer, Søstrene Grene, later this year, as part of its rapid expansion across the UK. Occupying a prominent position on Henry Plaza between M&S and Moss Bros., the brand is opening a 4,673 sq ft store, its first-ever in Surrey.
Monday, 21. August 2023