Retail news & events

<p class="p1">The Galeria Mazovia Shopping Centre in Plock, Poland has been acquired by the CBRE European Shopping Centre Fund (ESCF) which is managed by CBRE Global Investors, at a 7.9% yield.</p>

A Village of South Lebanon shopping center will see the opening of four new tenant’s stores by the close of the year.

Huge sporting events set to take place in Brazil, such as the FIFA World Cup and the 2016 Olympic Games in Rio de Janeiro, are set to have a huge positive effect on consumer behavior.

Kimco Realty Corp. known as the largest publicly traded owner and operator of community shopping centers in North America, has confirmed the sale of four of its retail properties for a gross sum of 1.1bn Mexican pesos or $82.1m.

<p class="p1">In spite of recent improvement in the British retail sector, North and South of Foggy Albion present sharp contrast regarding the shop vacancy rate.</p>

<p class="p1">Middle East has faced another problem recently.</p>

<p class="p1">The Galeria Mazovia Shopping Center, has been purchased by The CBRE European Shopping Centre Fund (“ESCF”), controlled by CBRE Global Investors, in the city of Plock, Poland.</p>

<p class="p1">Life has not been good for supermarket giant Tesco.</p>

<p class="p1">Only a few miles from the ancient pyramids but light years away from the spirits of the dead Cairo is erecting a whole new edifice.</p>

The winner of this year’s CANactionsYouth Competition is Valentyn Sharovatov who received the Dessau Institute of Architecture Prize.His “Extrasmall Shopping Mall” addresses the problems of building in cramped quarters.

<p class="p1">Forever 21, an apparel shop, is scheduled to open to open later in the year, PREIT reported.</p>

The last year, retail market was able to witness decent profits and growth that crawled into 2014. However, as consumer demand picks up its momentum, the sector responsible for supplies struggles to satisfy the market needs.