Retail Estates has a portfolio of over 500 stores | RetailDetail

Retail Estates has a portfolio of over 500 stores

Retail Estates has a portfolio of over 500 stores

Realtor Retail Estates has collected 47.02 million euro in rental fees in its fiscal year 2013/2014, which is a 13.57 % increase. It also now has over 500 stores.

It has created, bought and expanded quite extensively in the past fiscal year, which has resulted in a total number of 548 store locations worth 750 million euro. More than 98 % of its store space has been rented out and it seeks further expansion with its Be-Mine project.

Questions or comments? Please feel free to contact the editors

Banimmo sells French retail real estate division


Belgian listed real estate developer Banimmo sold its French subsidiary, which specialized in retail real estate transformation. It has been sold to help lower the parent company’s debt.

Real estate firm Unibail-Rodamco happy with fiscal year


French-Dutch real estate company Unibail-Rodamco, which mainly invests in shopping centers, is happy with its performance in the past fiscal year.

Hudson's Bay defends itself and adds cheaper brands


Hudson's Bay is on track in the Netherlands, the company’s marketing director Edo Beukema states after a lot of criticism. He says there is no truth to the rumour the department store chain is planning to leave, but it will adjust its marketing approach and pricing.

Unibail-Rodamco acquires competitor Westfield


Unibail-Rodamco acquired its competitor Westfield for 14 billion euro and will gain control over 35 shopping center (33 in the United States). The resulting company will become the world’s largest real estate company.  

Mitiska REIM announces two new retail parks in Romania


Mitiska REIM has announced the opening of two new retail parks in Romania. The new additions consolidate Mitiska REIM’s position as the leading retail park investor in Romania, with 21 sites across the country.

Mitiska Reim buys its first French retail park


Belgian real estate firm Mitiska Reim will enter the French retail market with its recent acquisition of a retail park near Caen. It has been an eventful year so far, with acquisitions in Germany, Romania and Spain as well. 

Back to top