Retail news & events

Malls and strip shopping centers have seen an increase in rental rates during the third quarter, however vacancy rates were unaffected as the recovery in retail real estate struggles along.

CBRE is one of the leading global real estate advisory firms and they have been given the task of agents for leasing at Plac Unii City Shopping Center based in Warsaw, Poland.

Stores that will make everybody to fall in love with the shopping

Beginning September 25, Port Baku Mall, the most luxurious shopping mall in Baku, opened its doors to its first visitors.

The owner of a shopping center in Hanover Park has plans to add a building to house three new businesses.

A family based in Sydney has purchased the Mountain High Shopping Center in Bayswater, 35 kilometers from Melbourne’s CBD for around $22m.

Macomb Mall, soon to celebrate its 50th birthday, is on track with renovations and should open during fall.

After the announcement of a decline in last quarter sales, Sainsbury’s shares dropped 7% in value.

The KGAL Group has bought Erding retail park for an institutional real estate fund.

World renowned brands Esprit and River Island can leave the Russian market at an early date.

According to Next, sales have declined due to the warmest September on record in Britain and stated that if the warm weather continues through October, it may have to consider reducing its annual profit guidance.

British Land has announced that an agreement has been signed with Plymouth City Council for the development of Drake Circus Leisure, a 9290m² leisure scheme which is placed next to its 52954m² Drake Circus Shopping Center in the city center region of Plymouth.