Find in the news:
BY COUNTRY

Geographic diversification helps to fuel 28% growth in European retail investment



European retail real estate market transaction volumes in the first half of 2015 reach €26 billion says JLL.
Growth in the retail investment market outside of the Big 7 markets include UK, Germany, Spain, France, Netherlands, Finland and Sweden up 28% on the same period in 2014.

The €770m sale of the Klepierre mall portfolio to Dutch REIT Wereldhave is the biggest deal of 2015 so far. Unlike 2014, H1 2015 has seen a limited number of asset mega deals taking place in the region, with fewer deals around the €1bn mark.  

“We are witnessing robust growth in the retail investment market and much of this is down to the fact that all geographies are transacting. Markets such as Finland, Portugal and the Czech Republic are taking a much larger share of transactions this H1 than H1 2014 and feature heavily in largest 10 deals of the year so far.  These markets are having a significant impact on volumes.” Said Jeremy Eddy, International Director, Retail Capital Markets at JLL.

Buyers, primarily funds, are coming from across the world, particularly from the US, with Blackstone leading the pack. South Africa is also appearing as a serious source of money. 

However, Eddy explains that it’s not just capital that investors are demanding; “investors are increasingly looking for a way to enter the market. They are doing this through entity deals and M&A, but many more are seeking partners in equity and expertise joint ventures. There is a wave of joint ventures and funds backed by major international equity aggressively seeking the right managers and the right operators to partner with.” 
Looking to the second half of the year, Eddy expects the current trends to continue, but to also see more trophy deals on the high street. 

“Consumers love the high street again. These locations are becoming more and more dynamic and this is helping to make investment in the right spots, backed by the right retailers, a secure and defensible long term investment. There are however only a handful of locations like these in Europe. Pontegadea, the property company of Inditex founder Amancio Ortega, struck deals with Primark on Oxford St and Gran Via for this very reason and we can expect to see more deals like this well into 2016.”

More about shopping malls in the United Kingdom



YESTERDAY, United Kingdom:
IKEA cooperates with British grocery giant Tesco, launching a new service.
DAY BEFORE YESTERDAY:
McDonald's Japan has been raising prices on about 60% of its products since September 30.
Sep 22, 2022, France:
Palm Angels expands its geography and enters the French market with the opening of a store in Paris.
Sep 20, 2022:
The new retail space will appear in the trendy Garosu-gil neighborhood of Seoul.
Sep 19, 2022, Sweden:
The official opening of the flagship store at Drottninggatan 53 is scheduled for September 30, 2022.
Sep 16, 2022, South Korea:
The store will be located at Lotte World Mall in Seoul's Jamsil district.
Friend
and Follow
I Viali GLA:452 084 SF
ADDRESS: Via Dei Cacciatori 111 - 10042 Nichelino TO - Piemonte
Italy . Torino
I Viali
Westfield World Trade Center GLA:365 000 SF
ADDRESS: World Trade Center, Manhattan, NY 10007
212 Istanbul Power Outlet GLA:753 474 SF
ADDRESS: Mahmutbey Merkez Mah. Taşocağı Cad. No:5 Bağcılar  /  İstanbul
Turkey . Istanbul
212 Istanbul Power Outlet
Adigeo GLA:452 084 SF
ADDRESS: Verona city center
Italy . Verona
Adigeo


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