Distributable earnings per share were 30.12 eurocents for the six months to 30 June 2024, 5.6% higher than in H1 2023. The Board has declared a dividend of 27.11 eurocents per share for H1 2024, corresponding to a 90% dividend pay-out ratio. The Group delivered a strong performance across all key metrics. Tenant sales were […]

The post NEPI ROCKCASTLE RAISES GUIDANCE FOR FULL YEAR EARNINGS GROWTH appeared first on ACROSS.

Sebastian Guth is the Managing Director of 21Media and, as such, works for many of the leading international companies in the placemaking industry. He looks back on 30 years of experience in the industry. 21Media has set many marketing trends over the past decades. Guth is a crucial voice in the industry regarding the importance […]

The post Marketing expert discussion: “We want to create asset value together.” appeared first on ACROSS.

The shoe and leather goods specialist, which was sold for an undisclosed sum, now joins the Regent portfolio, which already includes brands such as Escada and Club Monaco. The latest creative direction, which has been in the hands of Creative Director Simone Bellotti since May 2023, will remain in place, according to an unidentified source […]

The post Escada owner takes over Bally appeared first on ACROSS.

The Germany-wide portfolio comprises 21 mixed-use properties with a total area of around 200,000 sq m. Retail properties account for more than 50 percent. “Winning the tender is confirmation of our broad and attractive range of services and the expertise of our team. We are looking forward to working together in a spirit of trust,” […]

The post METRO portfolio with over 200,000 square meters will be managed by CBRE in the future appeared first on ACROSS.

According to a company spokesperson, the defect was quickly rectified. The company is in close contact with the affected tenants regarding the restoration of the space. URW is sticking to the current opening date. “We are looking forward to welcoming the city of Hamburg and all visitors and are continuing to work towards our opening […]

The post Überseequartier confronted with a new water damage but opening date remains appeared first on ACROSS.

Customer footfall and tenant sales once again developed positively. Compared to the first half of 2023, 1.0% more people visited the 21 DES shopping centers and the approximately 2,700 shops recorded 1.9% higher retail sales. The company is currently making significant investments in five locations in order to further optimise them and increase their attractiveness. […]

The post Deutsche EuroShop: First half of 2024 characterised by investments appeared first on ACROSS.

In addition to the development of new locations and the modernization of existing restaurants, investments in green energy through photovoltaics and two-lane “McDrives” are also being considered, revealed Mario Federico, Managing Director of McDonald´s Germany, in an interview with the German “Focus”. The expansion is expected to create a total of 35,000 new jobs in […]

The post McDonald’s Plans Massive Expansion In Germany appeared first on ACROSS.

The company anticipates that the transformation and restructuring program will deliver an increase in EBITDA (incl. rent) of more than 20 million euros, predominantly impacting the years 2025 and 2026. Based on current planning, the overall cash outflow for the program is expected to total around 9 million euros. Also, with the change from adjusted […]

The post Mister Spex Closes All International Stores appeared first on ACROSS.

The Frasers Group surpassed the threshold of 10 percent of the voting rights attached to shares in Hugo Boss AG on July 17, and the threshold of 15 percent on July 22 and currently directly holds over 15 percent of Hugo Boss AG, the clothing group announced on Monday. Frasers Group continues to view its […]

The post Frasers Group Increases Its Stake In Hugo Boss appeared first on ACROSS.

The company is working on solutions for digitalizing, optimizing, and automating the complicated reverse logistics of post-consumer take-back, recycling, and processing, such as deposit return systems. The startup´s actions are centered on decarbonizing the whole waste value chain, from reducing waste volume, and optimal logistics to zero-emission environmentally friendly raw materials and products. For the […]

The post Maas Loop — Reuse What’s Good, Reduce What’s Not appeared first on ACROSS.