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Shopping Centres

Tessuti opens global flagship at Liverpool One

Grosvenor has announced that designer retailer, Tessuti, has opened its new global flagship store at Liverpool One, demonstrating the brand’s ongoing vote of confidence in the destination. The new location on Paradise Street follows Tessuti’s consistently strong performance at Liverpool ONE and spans two floors measuring 22,0...
Thursday, 11. August 2022

Miniso lands at Touchwood Solihull

Touchwood Shopping Centre in Solihull has further enhanced its offer with the opening of Japanese-inspired lifestyle brand Miniso.
Monday, 8. August 2022

Retail investment set to return to pre-pandemic levels

According to Savills, retail investment in Spain in the first half of the year totalled €1.1billion, which exceeds the 2021 total by 10.5%. This is due to a wave of volume shopping centre transactions and the return to a more typical institutional market.
Monday, 8. August 2022

Deutsche EuroShop extends financing for 2022

The shopping center investor Deutsche EuroShop AG has concluded its upcoming refinancing for 2022. This includes a Group-level loan of €52 million as well as financing for the Altmarkt-Galerie Dresden (€107 million) and the City-Point Kassel (€55 million). A credit tranche of €10 million for the Allee-Center Hamm will be repa...
Tuesday, 2. August 2022

Wilhelm Wellner and Olaf Borkers leave Deutsche EuroShop

The voluntary public takeover bid by Hercules BidCo GmbH (a company in the bidding consortium of Oaktree Capital Management, L.P. and the asset management company CURA Vermögensverwaltung), which Deutsche EuroShop’s Supervisory Board and Executive Board supported as being fair, reasonable and attractive, was successful. On 8 ...
Wednesday, 20. July 2022

Deutsche EuroShop to invest €20 million in Main-Taunus-Zentrum

A new highlight is to be added to the Main-Taunus-Zentrum, one of the largest and highest-turnover shopping centre in Germany: In the heart of the open-air shopping centre in Sulzbach near Frankfurt am Main, a new lively and urban centre with a high-quality, varied gastronomy and food offering is planned. Five new freestandin...
Monday, 18. July 2022

Unibail to sell Almere Centrum to UMB for €155m

Unibail-Rodamco-Westfield (URW) announces an agreement with a group of private investors led by the UMB Group for the sale of Almere Centrum. The net disposal price of €155m is in line with the last appraisal value.
Tuesday, 14. June 2022

CBRE publishes CBRE Shopping Centre Index

CBRE has published the results of its extensive Shopping Centre Index analysis, which annually assesses the performance of regional shopping centres over the past year. The main criteria are footfall, achieved turnover, the value of the average basket, rents, and vacancy rates. In addition, the 10th anniversary edition was ex...
Thursday, 9. June 2022

Capital & Regional sells The Mall in Blackburn for £40m

Capital & Regional has exchanged contracts for the sale of The Mall, Blackburn to the retail arm of the Adhan Group of Companies for £40 million in cash. This represents a premium to the December 2021 valuation of £38.2 million. Completion of the sale, which is subject to local authority freeholder consent, is expected to t...
Wednesday, 25. May 2022