Dutch retail real estate fund Vastned has posted a rise in like-for-like gross rental and aims to continue its focus on top locations in city centres, but warns that real estate prices are increasing heavily in those places.
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In the second quarter of 2018, the members of the Belgian Luxembourg Council of Retail and Shopping Centers (BLSC) registered a 1.82 % drop in visitors compared to the same quarter in 2017.
The 22 shopping centres
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In celebration of the tenth anniversary of its London shopping centre, Westfield has released its strategy 'Destination 2028', containing delivery drones, smart toilets, sensory gardens and silent rooms for contemplation.
Charleroi’s shopping center Rive Gauche has done very well last year and will now get a new owner. It attracted 650,000 visitors a month last year, becoming the second most popular shopping center in Belgium.
Canadian investor, Alberta Investment Management Corporation, paid about 300 million euro for Docks Bruxsel, a shopping center in Brussels. Developer Equilis had been looking for a buyer as soon as it completed the project in
Six months after entering the German market, Mitiska Reim is announcing the acquisition of a third German retail park. The Belgian retail investor has partnered with Zamberk Real Estate Ventures to renovate and manage a retail park in
The Westfield shopping centre in West London is now Europe’s largest, after its 68,748 sqm addition was put to use six months ahead of schedule. The extension cost about 600 million pounds (some 700 million
Amazon is apparently interested in several of bankrupt Toys ‘R’ Us’ stores, because their locations and stores would fit Amazon’s own retail formulas.
Amazon expands physical store network
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.
Retail locations in city
French-Dutch real estate company Unibail-Rodamco, which mainly invests in shopping centers, is happy with its performance in the past fiscal year. It managed growth in every region.
More rent and profit
Unibail-Rodamco has a 43
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
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
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.
Opening 20th retail
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.
Shopping center Borders has just opened its doors, right near Schengen. The largest Delhaize store in the Grand Duchy of Luxembourg is its major attraction and should house about two dozen retailers in the near future.
Largest Delhaize in
Belgian real estate firm Mitiska Reim bought a retail park in the German city of Mönchengladbach. It was a collaboration with Luxembourg Investment Group and the group’s first German acquisition.
Additional deals incoming