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Kaufhaus des Westens to be renovated by OMA (DE)
oma model image thumb

OMA has been selected to renovate the historic Berlin department store Kaufhaus des Westens (KaDeWe). The department is the largest in continental Europe, first opened in 1907, the building has ...

Warburg-HIH Invest acquires Citygate shopping centre in Vienna (AT)
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Warbug-HIH Invest Real Estate GmbH has acquired the Citygate shopping centre in Vienna in the fast-growing 21st district. The shopping centre opened in February 2015, within the framework of an asset ...

Morfa Retail Park, Swansea sells for £83.5m (UK)
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AshbyCapital, the real estate investment company, has purchased Morfa Retail Park in Swansea from The Crown Estate for €110.4m (£83.5m) on behalf of its group investment ...

Polish retail market saw 502,000m² delivered in 2015, says JLL (PL)
warsaw

According to JLL, 2015 saw the Polish retail market grow by a total of 651,400m² worth of retail space, including shopping centres (502,000m²), outlet centres (21,300 m²), retail parks ...

Australia's Wesfarmers enter agreement to acquire UK retail Homebase for £340m (UK)
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Wesfarmers Limited has entered into an agreement to acquire Homebase from Home Retail Group for £340m (€446m). Homebase is the second largest home improvement and garden retailer in the UK ...

Allianz acquires ‘Central Shopping Center’ in Bratislava (SK)
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Allianz has acquired 100% of the share of the company who own ‘Central Shopping Center’ in Bratislava. The investment amounts to approx. €175m and is acquired from a company of ...

Union Investment acquires first shopping centre for Dutch retail fund (NL)
de klanderij

Union Investment has acquired its first shopping centre in the Netherlands for its institutional open-ended real estate fund UII Shopping Nr. 1. Completed in 2004, De Klanderij in Enschede comprises ...

Redevco acquires five retail boutiques in Shoreditch (UK)
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Redevco has acquired five ground-floor retail units of 15-29 Redchurch Street in the thriving and fashionable Shoreditch district in London for more than £16m (€21m) from CBRE Global ...

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