To Infinity and Beyond: SpaceTech Real Estate to Blast-Off

Not so much a space oddity, rather more of a space commodity: SpaceTech’s rapid growth is likely to create new global real estate requirements according to many pundits, and investment is gathering pace.    As many global VC’s invest in space technology, the mushrooming new category within the real estate world grows rapidly too. Savills has...

Oslo’s 225-Year-Old Iconic Department Store Steen & Strøm Shatters Monthly Sales Record

Oslo, Norway, 12 May 2022: Steen and Strøm, the world’s longest trading luxury department store (established 1797), made history in March 2022 when it exceeded its best monthly sales on record by20 per cent. Owned by Promenaden Management, the six-floor, 12,600 sqm (net sales space) landmark department store is the jewel in the crown for...

World Travel and Tourism Summit heads to Saudi in November

Saudi Arabia is set to host the 22nd World Travel and Tourism Council Global Summit from 29 November to 2 December this year in Riyadh, marking Saudi Arabia’s rising emergence on the world retail, travel and tourism stage – something we’ve been following closely at Innesco.  The WTTC’s annual Global Summit is the most influential Travel &...

MAPIC 2022 returns to unveil the new face of retail

For its 26th consecutive year, MAPIC, the landmark event within the retail real estate industry, will be showcasing the new face of the retail. A rich programme of conference sessions and networking events will highlight the continuous evolution of the retail sector with views from top international players and new market experts. The event will...

Eurofund Group appoints former UK Head of Leasing from URW and Westfield Stratford City – Alex Coffey

Eurofund Group, the international real estate investment and development company behind numerous successful commercial real estate projects in continental Europe, is pleased to announce that Alex Coffey has joined Eurofund Group's leadership team as the new Commercial Director effective on 20th April.  Coffey brings over 17 years of planning and leadership in project leasing strategy with leasing management...

Blackstone’s Recent Purchase Confirms Dominance in Real Estate Market

Blackstone Inc will buy American Campus Communities Inc for $12.8 billion including debt, according to Reuters.   American Campus Communities, a student housing company, announced on Tuesday that Blackstone, the world’s biggest alternative asset manager, is purchasing their company and bets on rents rising after colleges reopen. The deal comes months after Jonathan Litt’s activist firm Land...

BoxHall City Opening its Fourth Boxpark Site in London

Hospitality group Boxpark is opening a new location on Liverpool Street next year.  Dubbed the “BoxHall City”, the site will replace the existing Metropolitan Arcade at Liverpool Street Station with a collection of food and drink outlets and event venues.  The Metropolitan Arcade was built in 1912 on the site of the former Metropolitan Railway station,...

Sustainability is a Priority at World Retail Congress 2022

World Retail Congress kicked off this week – running from April 5 – 7 in Rome.  The goal of the congress this year is to establish a global roadmap to rebuild a better retail sector.    Bringing together industry leaders to share their experiences and insights, World Retail Congress provides opportunity for progression and development in the...

Insights from the Nordic Real Estate Forum

This week, our Founder and Managing Director Dan Innes travelled to Tallinn, Estonia to speak at the Nordic Real Estate Forum 2022.   Speaking on a panel, Dan discussed what the currently outlook for the real estate sector is in the region in 2022: “In an increasingly connected, post-covid world, quality of life is simply non-negotiable.”  For...