Retail news: mall and brand expansion

<p class="p1">MAPIC is celebrating its 20^th year in retail property and can look ahead with a prospective and retrospective view of the global property marketplace.</p>

The largest and first enclosed shopping center, The Mall at Bay Plaza, officially opened to the public.

Rouse Properties, in a joint venture with David Hocker & Associates Inc. has purchased The Mall at Barnes Crossing.

<p class="p1">JLL Retail has been appointed by BV Belk Properties as the management and lease team for Lakeshore Mall.</p>

Shareholders have been successful in finalizing financing of €600m for the largest shopping mall project in Europe.

<p class="p1">The second phase of Dubai Festival City Mall will soon be launched.</p>

<p class="p1">The East Shopping Center is set to open in London during October and has been named the first Asian shopping center in Europe, with 35 units all being allocated to Asian stores.</p>

<p class="p1">Investors and retailers in the retail real estate industry can gain insight at the biannual convention, Shopping Center Forum (SCF), hosted for them.  The Fall Edition of the event will take place on September 17 and 18, 2014 in Warsaw.</p>

<p class="p1">Auxideico, the Spanish subsidiary of ECE, has been given the post of management of Marineda City.</p>

<p class="p1">The ‘brandless’ youth trend has prompted Abercrombie & Fitch (A&F) to remove its logo from all its clothing by the Spring of 2015, which is a massive break from how it has operated in the past.</p>

<p class="p1">Six months after CBRE Group Inc. was appointed to sell the almost 1.4 million square foot Phillips-Edison Fund IV portfolio, the nine retail properties have been sold to Newquest-Epic Investment LLC, with a reported REIT of $150m on this deal.</p>

<p class="p1">Rhode Island’s Providence Arcade is set to take on a new role as a residential area when the building considered to be America’s first indoor mall becomes a haven of micro homes.</p>