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Vacancy rates in Moscow shopping centres grow as retail sales decline (RU)
shopping centre image

According to JLL, vacancy rates on the Moscow retail market has reached 8.3%, increasing by .8 pp. in Q4 2015 and by 2.3 pp. year-on-year respectively. The availability has increased due to high ...

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)
citygate image thumb

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)
homebase image thumb

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)
shopping centre stock image thumb

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 ...

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