Find in the news:
BY COUNTRY

First closing sees ECE raise more than €500m for new Shopping Center Fund



ECE European Prime Shopping Center Fund II has had a massive start in that its first closing raised more than €500m.
Investors, along with the Otto family and the employees of ECE, include a number of international institutional investors, such as sovereign wealth and top pension funds.

Along with a number of existing Fund I investors, ECE secured commitments from a range of new strategic partners for Fund II.  The total target for the Fund is set at €750m which will be equal to a gross asset value of around €2bn.

The same investment strategy will be held as for ECE Fund I, with a focus on the acquisition of existing European shopping centers which have value-added potential.

The first property that has been secured for ECE Fund II is the Zielone Arkady in Bydgoszcz, Poland, which is currently being developed by ECE.  The acquisition will occur after the center’s grand opening during 2015.  The second fund’s final closing is scheduled for 2015, with the investment period lasting until 2018.

The managing director of ECE Real Estate Partners, Ruediger Cornehl, said there is a continued string of investment opportunities available in their target markets, which include Turkey, Spain, Italy, Scandinavia, the Czech Republic, Poland, Austria and Germany, by means of extensions, refurbishments or optimization of the tenant and branch mix.

The support and commitments from investors in North America, Asia and Europe have given ECE the opportunity to become the leading fund manager within Europe, in the shopping center market.


Dec 2, 2022, China:
Next in the ranking are Zara and Zalando.
Dec 1, 2022, Italy:
LVMH has reached an agreement to acquire the jewelry company Pedemonte Group.
Nov 30, 2022, USA:
H&M Williamsburg is located at 92 N. 6th St., Brooklyn, New York.
Nov 30, 2022, USA:
From NY and LA to Honolulu.
Nov 29, 2022, Sweden:
Ingka Group presented a new concept of food courts, which will open in shopping centers from 2023.
Nov 29, 2022, USA:
American retailer Target has agreed to expand its partnership with Starbucks.
Friend
and Follow
Shopping City Süd GLA:1 862 156 SF
ADDRESS: Europaring 2334 Vösendorf
Austria . Vienna
Shopping City Süd
Queens Place GLA:440 000 SF
ADDRESS: 88-01 Queens Boulevard Elmhurst, NY 11373
USA . New York
Queens Place
Hillcrest Mall GLA:585 758 SF
ADDRESS: 9350 Yonge St, Richmond Hill, ON L4C 5G2
Canada . Richmond
Hillcrest Mall
Jardim Pamplona GLA:118 403 SF
ADDRESS: R. Pamplona, 1704 - Jardins São Paulo
Brazil . Sao Paulo
Jardim Pamplona


Edit text

Dear visitor!
If You wish to add appropriate information to this description, please make changes in the text below and they will take effect after being verified by Malls.com administrator.

SAVE CHANGES
ADD PHOTO

Dear visitor!
If you desire to add more photos to this description, please upload them and they will appear on the page after being verified by Malls.com administrator.

CHOOSE PHOTOS
SAVE CHANGES
Sign in Malls.com
Sign in please, if you already have an account

Registration



Error filling
Error filling
Error filling
Error filling
Thank you!
You will receive e-mail with registration data shortly. In email you'll find link, confirm your account by clicking on it, please.

Malls.com Team
Thank you for message!
In the near future you will be contacted the manager
for further details.

Malls.com Team
Good mall, bro!
In the near future you will be contacted the manager
for further details.

Malls.com Team
We are dissatisfied with you :-(
In the near future you will be contacted the manager
for further details.

Malls.com Team

Write to us