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NØRDIKA Shopping Valley doubles in size (LT)
vilnius

NØRDIKA is now over 40,000m², adding 17 new stores including a 17,000m² Senukai with the first hardware “drive through” in Vilnius.   In total NØRDIKA now has ...

Laing O’Rourke appointed for £178m intu Watford extension (UK)
intu watford

intu has appointed Laing O’Rourke as the main contractor to build its £178m (€231m) extension of intu Watford.   Liam Cummins, head of UK construction at Laing O’Rourke ...

Modern East shopping centre opens in Ümraniye (TR)
modern east

  Modern East shopping centre on the Asian side of Istanbul has opened its doors today. It comprises 140 specialty stores on four floors, a large food-court with 1,500 seating capacity, 36 ...

Hines and Universal-Investment secures first UK acquisition for €1.3 billion European high street retail portfolio (UK)
glasgow

Hines and Universal-Investment have acquired a retail asset on Glasgow’s prime shopping street from Hermes Investment Management.   The acquisition was made for an institutional real ...

Nickelodeon branded family entertainment centre to open in 2018 (UK)
the waterfront

Parques Reunidos, Viacom International Media Networks (VIMN), a division of Viacom Inc., and intu have reached an agreement to develop a Nickelodeon-themed indoor family entertainment centre in ...

Polish retail parks boosting small city retail activity (PL)
retail park

The total stock of retail parks in Poland totals 1 million m² GLA (approximately 90 commercial facilities). The 250,000m² GLA of retail parks are located in cities of up to 100,000 ...

TH Real Estate’s European Cities Fund completes first acquisition
TH Real Estate has acquired Meraville Retail Park in Bologna, Italy

TH Real Estate has acquired Meraville Retail Park in Bologna, Italy, on behalf of its European Cities Fund for a net initial yield of circa 6%. Acquired from Orion IV European 4 S.à.r.l. (a ...

British Land reveals details of Meadowhall’s £300m proposed Leisure Hall (UK)
Leisure Hall Meadowland thumb

British Land, joint owner of Meadowhall in Sheffield, has revealed details of the proposed Leisure Hall at Meadowhall, Yorkshire’s premier shopping destination, as the company begins a public ...

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