• European retail moving at different speeds at start of 2015Tuesday 6th Jan 2015

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    Black Friday boosts UK sales despite quarterly store sales decline

    New figures from the BRC – KPMG Online Retail Sales Monitor have shown that UK retail sales in November rose by 1.3% compare with last year, up from the 0.7% increase a year before. However, the sales boost was driven by online as physical store sales continued to struggle. Black Friday week saw non-food sales [...]
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    German shopping centre giant launches Digital Mall initiative

    ECE Future Labs’ newest development is the Digital Mall, an online product search which can be found on the website of the Alstertal-Einkaufszentrum (shopping centre) in Hamburg. With the Digital Mall, ECE said that it is making it possible for customers to get information on the products available in the shopping centre – anytime, anywhere. [...]
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    Pan-European investor completes major acquisition and divestment programme

    Aerium, the pan-European real estate investment manager, has completed €356m of new transactions across four European countries, comprising €203m of acquisitions and €153m of disposals. Aerium’s investment team recently completed €203m of new additions to its German and UK portfolios. These include a core retail portfolio in southern Germany and a value-add office building in [...]
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    Amsterdam district kicks off major retail transformation

    The transformation of Amsterdam’s previously dowdy downtown retail offering into a world class shopping destination kicked off on Friday last week with the official opening, by the city’s mayor, of the 27,500 sq m ‘Nowadays’ high street redevelopment. The project is taking place on the Dutch capital’s main gateway avenue and Nowadays represents an investment [...]
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    Final disposals made in logistics portfolio as Spanish investor expands its holdings

    Rockspring has confirmed the disposal of the final property from its Dutch light industrial portfolio, the 33,000 sq m Trade Park Zuid Oost in south east Amsterdam. The purchaser is Urban Industrial, a leading investor in Dutch industrial real estate. The transaction brings the total proceeds delivered from the sale of the portfolio to €115m. [...]
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    LAST CHANCE: Book now for the retail event of the year

    Sponsored by TH Real Estate As Marks & Spencer responds to the digital age with store closures and international contraction, iGen is simply the most content-rich, best value-for-money day on omni-channel retail and real estate investment you will ever attend. Following our SOLD OUT conference on The Future of Shopping Centres, our iGeneration conference is [...]

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