Retail

IGD SIIQ S.p.A signed the definitive contract, in execution of the preliminary agreement disclosed to the market on 23 February 2024, with Sixth Street and controlled affiliates of Starwood Capital and Prelios SGR S.p.A. The transaction involves the sale, by IGD, of a real estate portfolio for €258 million, consistent with th...

Oxford Properties Group has signed a new 12-year lease with Valentino, the Italian Maison de Couture, for its flagship store at 273 Rue Saint-Honoré, Paris („273 Saint-Honoré“).

Multi Corporation hat acquired a newly developed fast food asset in Kampen. The property is leased for 15 years to KFC, which opened its restaurant in March, and represents Multi Corporation’s third fast food property acquisition following two acquisitions in 2023. The property was developed by TBW Projects, part of Dutch ind...

The Rico restaurant, the Ramenownia ramen place and LunaSkin beauty parlour are the three brands to have joined the tenant roster of the Lixa City Gardens retail concept, which has been arranged in the Lixa office complex near Warsaw’s Daszyński Roundabout. Yareal Polska, based on new agreements, has leased over 550 m² of mod...

Materials science company Pangaia is set to open its first standalone UK flagship store in Shaftesbury Capital's Soho neighbourhood, in a prime location on Carnaby Street this summer.

Wingstop UK today opens on Clapham High Street, London.

Vastned has sold the prime retail asset Rokin Plaza to a private investment company for €100m. The multi-tenant complex at the prime location in the city centre of Amsterdam is let to fashion brands Uniqlo and Pull & Bear. The office space on the top floors is let to Effectory.

Shaftesbury Capital has announced six new hospitality additions to its Soho portfolio. Kingly Street welcomes two new signings from The Counter and Little Door & Co. alongside the upsize of pub and cocktail bar Two Floors; whilst three-storey alfresco dining destination, Kingly Court, has introduced two new debut concepts, Li...

Sovereign Centros from CBRE has announced a trio of retail additions set to join Metrocentre‘s Green Mall, leading with specialist kitchenware brand, ProCook. The destination is also seeing footwear retailer, Clarks, and lingerie brand, Victoria's Secret, both relocating from the Lower Red Mall, showcasing the strength and ap...

Cushman & Wakefield has summarised the situation on the Polish retail market. The opening of 2024 is encouraging and new retail space supply in the coming months is likely to match or even surpass last year’s total. The Polish market continues to attract interest from new brands, borne out by several debuts. More arrivals are...

Colosseum Mall and the Polish group LPP are expanding their partnership with the opening of two new stores in the shopping centre, under the signatures of the international brands Cropp and House.

Germany's investment markets posted a noticeable uptick in transaction activity in Q1. As expected, however, this trend has yet to be fully reflected in transaction volume. Investors poured just over €5.5bn into commercial real estate in Q1 2024, an 8% increase in transaction volume compared to the previous year's weak result...

CLS has sold a London office to residential development opportunity: The company has conditionally exchanged the sale of Westminster Tower, Albert Embankment, to London Square Group. The purchase price of £40.8m is in line with the valuation as at 31 December 2023.

GPE and Represent have signed a retail lease for a new 5,000 sq ft London flagship store at 135/141 Wardour Street, W1.

Health & Beauty leasing deals saw a 57% YoY increase in 2023, doubling the floorspace taken across Europe, in new analysis of over 2,000 deals carried out by real estate services firm Cushman & Wakefield. The firm has analysed retail real estate letting transactions across Europe in which the firm has played a part in providi...

Central Group has entered into an agreement to acquire 100% of the iconic KaDeWe property in Berlin from Signa Prime Selection AG. The heritage building is located on Tauentzienstraße, Berlin’s most famous shopping street, and offers some 650,000 sq ft of retail space, currently occupied by KaDeWe luxury department store.

Mitiska REIM has sold a 6.7ha land plot to Momentum Leisure to develop a theme and water park which will further reinforce the offering of the Europa Centralna retail center. Located on a 27ha site in Gliwice, Europa Centralna is the largest retail scheme in the city with a gross leasable area (GLA) of 67,000m2 and parking fo...

Swarovski is returning to West Midlands flagship destination Merry Hill with a standalone boutique set to launch this spring. The new store, spanning 2150 sq ft between Goldsmiths and Beaverbrooks on the Upper Mall, will feature the retailer's latest shop fit. Swarovski adds to the destination's strong line-up of watch and je...