Retail news: mall and brand expansion

European real estate investment firm Catalyst Capital has bought the Erfy Karree Kerpen retail park in Cologne for a sum amounting to €55 million ($62 million).

<p>Reports from Los Angeles suggest that Apple is planning to establish a flagship store in the city’s downtown Broadway Trade Center.  </p>

The AFI Palác shopping center in Pardubice has changed hands in a deal worth €83 million ($103 million). The purchasing party is Atrium European Real Estate Limited.

The retail complex is located in the northwest of the Slovak capital and has been delivered by Penta Investments.

Redevelopment work in the Grand Central shopping center in Toowoomba will see it almost double in size in the next few years.

Plans for new stores have been put on the backburner by Sainsbury’s, a change in their plans that they say have had an effect on the supermarket chain’s balance sheet.

The economic and political uncertainty in Russia and Ukraine has resulted in the fashion retailer, New Look, closing its stores in the regions.

Sears is bracing to close over 100 retail store locations in the coming months.

Resolution Property has commenced work on an 8000sqm extension of the Rosada Fashion Outlet, located in Roosendaal, Netherlands.

Amazon has left is rivals in the dust to secure in excess of 20% of films, music and non-digital video game sales in the UK.

Aldi is putting plans in motion to create 35000 new jobs in the UK as it intends doublings the number of stores over the next eight years.

The vibrant Dublin Docklands area is one of the great success stories of urban regeneration in recent years.