Third Lindt store opened in Budapest with JLL tenant representation
JLL closed a successful tenant representation transaction on behalf of the chocolate manufacturer Lindt&Sprüngli, this time choosing Arena Mall as its third store location.
Articles tagged retail
IMMOFINANZ: Information on the influence of Covid-19 on retail activities
The government authorities in all countries where IMMOFINANZ owns and operates retail properties have recently imposed restrictions and implemented various measures to contain Covid-19.
If the tenant community is open to an idea, we implement it
According to Viktor Nagy, Country Manager Operations at IMMOFINANZ Hungary, the myhive concept launched two years ago is a full success: tenants highly appreciate the range of services available within the office buildings and the measurable benefits of smart ideas helping them acquire new business partners. What workforce retention ability has to do with office buildings, and where the next business quarter will be - among other things, we talked about these topics.
IMMOFINANZ expands STOP SHOP portfolio to 90 locations
IMMOFINANZ is driving the steady growth of its successful STOP SHOP retail park brand, as previously announced, with a next step that includes the expansion of the portfolio to 90 locations.
Number of visitors to IMMOFINANZ’s STOP SHOP and VIVO! retail properties rises substantially to over 142 million
IMMOFINANZ recorded strong growth in the number of visitors to its retail properties in 2018: More than 142 million customers visited the STOP SHOP retail parks and VIVO! shopping centers with over 800,000 sqm of rentable space. That represents an increase of roughly 20 million visitors, or 16.7%, over the previous year.
IMMOFINANZ increases occupancy rate to record level of 96 per cent
IMMOFINANZ’s portfolio concentration on office and retail properties and the clear brand policy are producing sustainable success: The occupancy rate in the standing investment portfolio continued to improve in 2018 and, at 95.8%*, reached a new record level in the company’s history.
This spring Lindt opens its new retail store in Budapest
Last spring JLL's retail leasing department has already announced that the Swiss premium quality Lindt chocolate brand is planning to open its first self-operated retail store in the country. As a result of a thorough market research, JLL's advisers have found the ideal Buda location on the ground floor of Allee Shopping Center.
More than €1.8 billion transacted on the Hungarian commercial real estate market in 2018
During 2018 the total commercial real estate investment transaction volume passed the €1.8 billion level in Hungary, marking the third consecutive year of stable and strong investor appetite and the highest annual transaction volume since 2007– according to JLL Hungary's latest forecast.
