<p>The Sears Holdings Corporation has
recently announced its intent to redesign and recreate its property
holding at the Aventura Mall in Aventura, FL, one of the largest and
most successful malls in the United States.</p>
<p align="JUSTIFY">
A
new survey by CBRE has found that 79% of international consumers
still visit a physical store to buy a product, reflecting the key
role the store plays in the overall shopping journey.
</p>
<p>British luxury shoe brand Kurt
Geiger is planning the opening of a flagship store in London after
the brand enjoyed a sales increase of 13% in the third quarter of
2014. </p>
European real estate investment firm Catalyst Capital has bought the Erfy Karree Kerpen retail park in Cologne for a sum amounting to €55 million ($62 million).
The AFI Palác shopping center in Pardubice has changed hands in a deal worth €83 million ($103 million). The purchasing party is Atrium European Real Estate Limited.