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, USA:
Stüssy is preparing to launch the new archive store in Brooklyn, New York, for one month.
DAY BEFORE YESTERDAY:
Located on Broadwick Street in Soho, London.
May 22, 2024, USA:
Luxury fashion house Balenciaga inaugurated its first standalone store in Chicago, Illinois.
May 21, 2024, France:
Some fashion brands are opting to hold their showroom presentations in Milan this season due to logistical challenges posed by the Olympics.
May 20, 2024:
The collection follows the recent launch of Zara's 'Timelesz' line and represents another step in enhancing its kids' division.
May 17, 2024:
David Beckham has signed a multi-year design deal with Hugo Boss
Friend
and Follow
Jardim Pamplona GLA:118 403 SF
ADDRESS: R. Pamplona, 1704 - Jardins São Paulo
Brazil . Sao Paulo
Jardim Pamplona
Asheville Outlets GLA:325 000 SF
ADDRESS: 800 Brevard Road, Asheville, NC 28806
USA . Asheville
Asheville Outlets
Silesia City Centre GLA:699 654 SF
ADDRESS: Chorzowska 107
Poland . Katowice
Silesia City Centre
Forum Istanbul GLA:1 883 684 SF
ADDRESS: Kocatepe Mahallesi, Pasa Caddesi 34045 Bayrampasa
Turkey . Istanbul
Forum Istanbul


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