Retail Property Analyst is the news analysis service for those involved with the financing of retail real estate or asset management of retail property and brings with it a remit to understand and explain rather than simply report the news. Read more
Increasing number of shopping trips driven by F&B
Research by CACI, the consumer and location intelligence specialist, has found almost one in ten trips to UK regional malls are driven primarily by F&B or leisure. While the figure drops to one in 20 visits for retail and shopping parks, overall 7% of visits to all retail destinations are F&B or leisure-led. Significantly for [...]
Retail element of latest mega-project opens in Singapore
Following the launches of Funan and Jewel Changi Airport in Singapore earlier this year, CapitaLand has opened Raffles City Chongqing in China. The first component in the 1.12 million sq m megastructure to welcome the public was the 235,000 sq m shopping mall, which launched on 6 September 2019, Friday, with a 95% committed occupancy. [...]
Revo seeks new CEO as UK organisation’s head steps down
The Board of Revo, the organisation that represents the UK’s £360 billion retail property and placemaking sector, has commenced a search for a new CEO having agreed a succession plan with Ed Cooke, who has indicated his intention to step down from the organisation after 11 years. He will remain at the helm until the spring, or [...]
Dutch property group buys UK arcade in latest deal
Pan-European real estate investment manager Redevco has, on behalf of one of its investors, acquired the White Lion Walk covered shopping arcade with 23 retail units in Guildford in the UK from Aviva Investors. The purchase price was around £12 million. Andrew Vaughan, CEO at Redevco, said: “White Lion Walk is strategically located in the [...]
innogy and APCOA agree partnership for mobility centres of the future
Car park operator APCOA and energy company innogy intend to develop joint solutions for designing mobility centres of the future, with both companies having signed a declaration of intent. The companies will focus on equipping car parks with charging infrastructure for electric cars, digital customer contact and the joint development of new services and business [...]
AliExpress and D.Phone opens first European physical store
The first physical store in Europe for AliExpress has opened at the Madrid shopping centre, intu Xanadú. The store, a collaboration between AliExpress and D.Phone and opened on 25 August. AliExpress is a global retail online marketplace under the Alibaba Group and D.Phone is a major Chinese retailer of mobile phones and accessories. D.Phone serves [...]
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