UK-based value-add European real estate fund manager Resolution Property has formed a joint venture with Lalandia to develop a €120 mln Designer Outlet project in Billund, Denmark, which is set to open in 2019.
Franchising may be the path to rapid international growth for brands, but is an approach which requires extreme care, delegates have heard at Mapic Italy.
Italy's retail real estate industry is still in growth mode, and will continue to attract ever more international attention, delegates have heard at Mapic Italy in Milan.
Mapic Italy is working, thanks to the strength of Italy’s retail real estate sector and the country’s talent for creating standout food and beverage (F&B) concepts, Mapic director Nathalie Depetro told delegates during the second edition of the fair in Milan.
Food and beverage (F&B) is not just an essential component of shopping centres, but could well safeguard their future, delegates heard at the second edition of the Mapic Italy fair in Milan.
In a further blow to the Dutch high street, household goods group Blokker is to close some 100 loss-making stores as part of a major reorganisation.
Physical stores remain at the heart of retailers’ plans, delegates heard at this year’s ICSC European conference in Warsaw.
Designer Outlet Roermond, located on the outskirts of the southeastern Dutch city of Roermond near the Dutch-German border and operated by McArthurGlen, has been chosen as the best performing and most beautiful outlet centre in Europe by research consultancy Ecostra.
European outlet specialist McArthurGlen and Portuguese property giant Sonae Sierra have begun work on McArthurGlen Designer Outlet Málaga in Spain, with the opening scheduled for the second half of 2018.