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| INTERNATIONAL NEWS |
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| McArthurGlen is to open
its fifth designer outlet village in Italy in February 2010.
The E120M La Reggia Designer Outlet has 17,500sq m of retail
space in its first phase, with an additional 8,500sq m opening
in the second phase. In total the scheme will offer 140 stores.
Gary Bond, McArthurGlen’s CEO European Development, says:
“La Reggia Designer Outlet will offer a unique consumer
experience, together with an unrivalled line-up of brands at
discounts of up to 70 per cent.” |
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| Istinye
Park wins prestige award |
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Istinye
Park, in Istanbul, Turkey, an urban lifestyle destination designed
by US-based planning and architecture design firm Development
Design Group (DDG), has been honoured with the Trade Council
of Shopping Centers & Retailers of Turkey (AMPD) award for
‘Best Shopping Center Over 50,000sq m’.
Chosen based on the elevated standards of ICSC, NRF, FAPRA and
Eurocommerce, Istinye Park is an innovative retail, dining and
entertainment centre that features three conceptually distinct
elements - a grand central entertainment rotunda, an open-air
lifestyle centre and a glass-roofed indoor retail space - combined
into one multi-faceted omnicenter. The 880,000sq ft urban lifestyle
environment includes retail, restaurant and entertainment venues
serviced by four levels of parking.
This recognition of Istinye Park was attributed to the project’s
large selection of retail brands, high-end retail stores, enjoyable
open and closed public spaces, diverse customer base, the unique
qualities of the bazaar, and the grandeur of the glass dome
and green spaces. |
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| Ferguson
guest of honour as Charlestown phases unveiled |
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Manchester
United Manager Sir Alex Ferguson was the special guest of Bovale
Developments at the British Conference of Shopping Centres in
Manchester recently, as details of next two phases of development
at The Charlestown Centre in Dublin 11 were announced.
Construction on Phase 2 will begin immediately with an investment
of E135M for both Phase 2 & 3, bringing the total investment
in Charlestown to date to E285M.
The second phase will see the addition of a nine-screen cinema
and Leisureplex complex; an extension of the existing 40-acre
unit complementing the overall shopping centre. Work on the
E100M Phase 2 development is scheduled to start before the end
of this year and is expected to be completed by late 2010. Both
a ‘drive thru’ McDonalds and KFC will be built on
the site and are due to open in May 2010.
Phase 3 of the development will comprise of 70,000sq ft of retail
warehouses and will also be based on the same site. |
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| Golden
tulip adds seaside hotel to its dutch portfolio |
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Golden
Tulip Hospitality Group has announced the latest addition to
its Dutch hotel portfolio: the Golden Tulip Noordwijk Beach,
where Golden Tulip and Golden Green hotels will strengthen their
cooperation by signing a new franchise agreement.
Golden Tulip Noordwijk Beach will be the fifth Golden Green,
positioned on the market as Golden Tulip hotel. Other Golden
Tulip hotels owned by Golden Green hotels are Golden Tulip Leiden
Centre, Tulip Inn Leiden Centre, Golden Tulip Zoetermeer Center
and Tulip Inn Zoetermeer Centre.
Golden Tulip Noordwijk Beach, a former Accor hotel, is centrally
situated at the boulevard of Noordwijk, 20m from the beach.
The 82-room hotel will be fully renovated by the beginning of
2010. As well as a restaurant and modern conference facilities,
the hotel also features a beautiful indoor swimming pool with
sauna, whirlpool and Jacuzzi.
Haike Blaauw, Senior Vice President, Franchise Operations, Golden
Tulip, comments: “This expansion symbolises our successful
relationship with Golden Green hotels. Golden Tulip Noordwijk
Beach complements our existing portfolio, offering business
and leisure guests yet another exciting destination in the Netherlands.” |
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| GVA
on First Outlet Centre for Serbia |
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Black Oak
Development has appointed European Outlet specialist, GVA
Outlets, to manage, operate and lease the Belgrade Outlet
Shopping Centre, the first outlet centre in Serbia.
Nikola Senesi, Managing Director of Black Oak Developments,
explains why GVA Outlets make the ideal partner: “We
needed to ensure we can provide a great outlet centre with
a high profile mix of tenants. Therefore, we have chosen GVA
Outlets, the largest independent outlet management company
in Europe. We will be looking to them to provide their expertise
and understanding of the outlet sector, maximise their brand
and manufacturer relationships and utilise their local marketplace
understanding to manage and operate our Outlet.”
Serbian consumers are amongst the most sophisticated in SEE
with a high positive perception of brands and an undersupply
of prime retail with only 105sq m per 1,000sq m. The capital,
Belgrade, was tipped by the Financial Times as ‘City
of the Future in Southern Europe’ and with the most
vibrant economy in the region with a 6.5 per cent GDP growth
and the lowest corporation tax of ten per cent this is an
ideal location for the outlet offer.
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Paramount
Publications Ltd Suite 15, Hardmans Business Centre, New
Hall Hey Road, Rawtenstall BB4 6HH UK
Tel: +44 (0) 1706 212200 Fax: +44 (0) 1706 211782 Email:
info@rli.uk.com
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