Issue 2018 December 11th

    German landlord rolls out Digital Mall concept

    ECE has extended its ‘Digital Mall’ concept to five pilot centres after being developed by ECE and tested at Alstertal-Einkaufszentrum Hamburg (AEZ). Besides AEZ the online product search will now be offered on the websites of Elbe-Einkaufszentrum in Hamburg, Altmarkt-Galerie Dresden, Limbecker Platz in Essen, and by Main-Taunus-Zentrum in Sulzbach near Frankfurt. This way ECE [...]

    Residential preferred if investors move out of retail in UK

    Over a third of UK real estate investors (35%) see long-term residential investments as the best alternative to retail property if they move out of the troubled sector in the next year, according to a survey by MSCI. Te provider of indexes, portfolio construction, risk management tools and services for global investors said that after [...]

    Retail opportunities remain despite troubled European market

    Demand for European commercial real estate is underpinned by an increase in technology and professional service jobs, according to Duncan Owen, Global Head of Real Estate at Schroders. European commercial real estate markets have performed strongly. Prices in Europe’s major cities have risen on average by 40-50% since 2013 (source RCA) and except in southern Europe, [...]

    Strong results boost Polish retail as Czech sales goes ahead

    Polish property owner EPP released third quarter results for the nine months ended September 2018 indicating net property income is up 37% year on year to €102.2 million. The JSE-listed company said earnings available for distribution per share were at €8.75 cents, and the company is on track to meet its stated guidance of €11.6-11.8 [...]

    Spanish group completes major sale of logistics assets

    Spanish multinational Neinver, specialising in property investment, development and management, has completed the sale of an industrial and logistics properties to real estate funds managed by Blackstone for approximately €300 million. The deal comprises 55 logistics properties, including 162,000 sq m of land for industrial use, of which Neinver is the manager and either owner [...]