Find in the news:
BY COUNTRY

Metro sells Galeria Kaufhof for €2.83bn



The transaction involves 103 department store, as well as 16 stores Sportarena, 16 shopping centers under the name Galeria Inno and other assets.
Network of department stores Galeria Kaufhof change the owner - the German Metro Group has agreed to sell its retail asset to the Canadian group Hudson’s Bay Company. Hudson’s Bay Company is to buy the Galeria Kaufhof for €2.83bn including debt, in the Canadian group’s first foray into Europe.

The deal gives Hudson’s Bay 103 Galeria Kaufhof stores in Germany, 16 Galeria Inno stores in Belgium and 16 Sportarena stores. 

It is assumed that the company's headquarters after the sale will retain its residence in Cologne, and the staff of the company will be maintained at 21 500 employees. The transaction will be closed by the end of the third quarter of 2015. After the sale of positive cash flow Metro Group will amount to 1.6 billion euros, net debt will be reduced to 2.7 billion euros.

Galeria Kaufhof

According to the data on the beginning of in 2015 under the control of Groups Metro there were about 2200 of shops with the location of in 30 countries of the world. The total volume of of sales by results of the last of the financial year amounted to 63 billion euros. 

More about shopping malls in Germany



Jun 10, 2021, USA:
The National Retail Federation predicts the market will experience the kind of rapid growth "the country hasn't seen since 1984.
Jun 9, 2021, USA:
Several Microsoft experience centers leftover from what was once a large chain of stores will offer more information and the opportunity to buy the company's technology.
Jun 7, 2021, USA:
The billionaire announced that he would fly into space on his own company's ship. The estimated date of flight is July 20th.
Jun 4, 2021, USA:
The three-level retail space in New York City spans about 2,000 square meters.
Jun 4, 2021, USA:
A mall owner has sued Victoria's Secret, saying the company closed the store without paying rent.
Jun 3, 2021, USA:
The company is entering a new market in hopes of recovering from the pandemic.
Friend
and Follow
I Viali GLA:452 084 SF
ADDRESS: Via Dei Cacciatori 111 - 10042 Nichelino TO - Piemonte
Italy . Torino
I Viali
Silesia City Centre GLA:699 654 SF
ADDRESS: Chorzowska 107
Poland . Katowice
Silesia City Centre
Viaport Outlet GLA:748 092 SF
ADDRESS: Yenisehir Mah. Dedepasa Cad. No:19 Via Port - Pendik
Turkey . Istanbul
Viaport 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