Issue 2018 February 6th

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    World’s first modular hotel on top of a shopping centre to built in Berlin

    The hotel developer MQ Real Estate, founded in 2014, will construct the world’s first modular hotel on top of a shopping centre in Berlin. For this, a new storey containing a hotel will be added to Ring-Centre 2 shopping centre in Berlin. Two-thirds of the ECE-managed shopping centre is owned by a closed real estate [...]
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    Sonae Sierra grows services in EMEA with more 209,000 sq m of GLA

    Sonae Sierra, the international retail real estate company, has grown its portfolio in EMEA by providing new leasing, property management and facility management services to over 209,000 sq m of GLA. This comprises additional mixed used schemes with retail, offices and residential as well as four shopping centres in Turkey and one in Algeria. This [...]
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    IKEA signs new deal to help bolster French operations

    SEGRO, through its subsidiary VAILOG, has signed an agreement with IKEA France which will see the furniture retailer occupy 50,000 sq m at a state of the art multi-storey warehouse at Port de Gennevilliers. This also means that the site is fully let 11 months ahead of scheduled practical completion. Working with the landowner, HAROPA-Ports [...]
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    Joint venture partners take controlling stake in Madrid centre

    Redevco Iberian Ventures, the joint venture between real estate funds managed by global alternative asset manager Ares Management and pan-European retail real estate investment management company Redevco, has acquired more than 70% of the gross leasable area in the Parque Corredor Shopping Centre. The mall is one of the largest retail centres in Madrid and the majority stake was acquired [...]
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    Golf concept to open at Westfield and in City of London

    Puttshack, which describes itself as the world’s first super tech indoor mini-golf experience, is launching in April 2018 at Westfield London. The brand last week signed a second venue at No 1 Poultry, one of London’s most iconic listed buildings, bringing Puttshack to the city crowd. Gracing the famous space opposite The Ned in March [...]