Issue 2018 April 10th

    The Lobby entrance

    Swedish real estate investor opens pop-up retail destination

    One of Sweden’s largest real estate investment companies, AMF Fastigheter, has launched its ground breaking new retail concept in the heart of the Mood district, Stockholm. The Lobby is the next generation of the retail pop up, according to the real estate investor. It boasts a plug-and-sell format which gives online brands access to all [...]

    Focus Estate Fund has acquired Park Handlowy Eden in Poland

    The Focus Estate Fund has acquired Park Handlowy Eden (Galeria Eden), Zgorzelec (Poland). Ukrainian-based Focus said that it intends to invest more than €1.5 million in repositioning the 8,500 sq m GLA retail centre with the support of its partner in development and leasing, Młyn Retail Parks. Galleria Eden will continue to operate during construction [...]

    Investment manager adds Czech mall to European fund

    Meyer Bergman, the investment manager specialised in urban mixed-use real estate, has sold the Futurum shopping centre in the Czech city of Hradec Králové to CPI Property Group. Meyer Bergman acted on behalf of its second value-add fund. Meyer Bergman European Retail Partners II purchased the 39,000 sq m shopping centre from a trio of [...]

    UK mother and bay retailer latest to consider store closures

    UK mother and baby retailer Mothercare is reportedly on the verge of closing a number of stores, with up to 50 outlets facing closure. The firm, founded in 1961, is hoping to reduce costs by entering a company voluntary arrangement (CVA), which will allow it to pay off debt and reduce rents and store numbers [...]

    New look Metro focuses on digital platform following demerger

    The new Metro is much more clearly aligned as a retail company with a strong focus on food and is firmly established in wholesale at an international level, according to Olaf Koch, chairman of the management board. Following the demerger of the former Metro Group, the new Metro achieved in financial year 2016/17 like-for-like sales up [...]