Karstadt

EQS-News: DEMIRE announces robust 9M 2023 results, confirms guidance

Retrieved on: 
Saturday, December 30, 2023
NAV, Tax, Rothschild & Co, Sale, Langen, Karstadt, WALT, LTV, EPRA, FFO, Lithium

DEMIRE announces robust 9M 2023 results, confirms guidance

Key Points: 
  • DEMIRE announces robust 9M 2023 results, confirms guidance
    The issuer is solely responsible for the content of this announcement.
  • DEMIRE announces robust 9M 2023 results, confirms guidance
    Funds from Operations I (after tax, before minority interests) down 9.8% y-o-y to EUR 27.8 million
    2023 guidance confirmed: full-year rental income expected to be between EUR 74.5 and EUR 76.5 million, FFO I (after tax, before minority interests) between EUR 33.0 and EUR 35.0 million
    Langen, Germany, 9 November 2023.
  • Rental income for the nine months was EUR 59.9 million, virtually unchanged from the prior-year period (9M 2022: EUR 59.9 million).
  • The financial result for the first nine months of 2023 was EUR 7.1 million, considerably better than the prior-year period (9M 2022: financial result of EUR -12.9 million).

Wonderland Sport Showcases Novelty at Spoga + gafa Cologne 2023 and Prepares for 17th Appearance at Spielwarenmesse

Retrieved on: 
Wednesday, August 30, 2023
Aldi, Karstadt, BJ, ID, LED, Trust, Walmart, ALDI, Pinnacle, Memory, Amusement park, Toy, Nuremberg International Toy Fair, Bunnings Warehouse

COLOGNE, Germany, Aug. 29, 2023 /PRNewswire/ -- Wonderland Sport Limited, the global leader in outdoor and garden playground innovations, marked its 12th consecutive year of participation at the prestigious Spoga + gafa Cologne – the world's premier garden lifestyle and barbecue trade show.

Key Points: 
  • COLOGNE, Germany, Aug. 29, 2023 /PRNewswire/ -- Wonderland Sport Limited, the global leader in outdoor and garden playground innovations, marked its 12th consecutive year of participation at the prestigious Spoga + gafa Cologne – the world's premier garden lifestyle and barbecue trade show.
  • Renowned for its dynamic range, Wonderland Sport is also set to dazzle at the Spielwarenmesse in Nuremberg for the 17th year in a row.
  • Since its establishment in 2004, Wonderland Sport has been at the forefront of the outdoor escapade industry.
  • We ensure that our products not only meet safety standards but also exceed imaginations," David Tan the founder from Wonderland Sport.

ROSEWOOD HOTELS & RESORTS TO MANAGE THE LEGENDARY HOTEL BAUER IN VENICE, ITALY

Retrieved on: 
Monday, June 13, 2022
Rialto Bridge, Bauer Hotel (Venice), Rosewood London, Ownership, Wine, Rosewood Hotels & Resorts, Partnership, City, Sale, Leadership in Energy and Environmental Design, Kaufhaus des Westens, Elbtower, Gold, Quality of life, Piazza San Marco, Culture, Collection, Grand Canal, Turtle Creek, COVID-19, Grand, HafenCity, Hyatt, Hotel, Karstadt, Rosewood

HONG KONG , June 13, 2022 /PRNewswire/ -- In an ongoing continuation of Rosewood Hotels & Resorts®' commitment to thoughtful and strategic global growth, the brand is pleased to announce that it has been selected to manage the legendary Hotel Bauer in Venice, Italy. Owned by real estate developer SIGNA Prime Selection, the hotel is situated in the city's historic San Marco district, between the Grand Canal and Piazza San Marco, just a short distance from famous sites such as the Rialto Bridge. The addition of this property to Rosewood's esteemed collection of luxury hotels and resorts will mark a notable extension of the existing European portfolio.

Key Points: 
  • HONG KONG, June 13, 2022 /PRNewswire/ -- In an ongoing continuation of Rosewood Hotels & Resorts 'commitment to thoughtful and strategic global growth, the brand is pleased to announce that it has been selected to manage the legendary Hotel Bauer in Venice, Italy.
  • Originally built in 1880, Hotel Bauer is set to undergo a multi-year renovation in November 2022, at which time the hotel will close as it prepares to reopen as Rosewood Hotel Bauer in 2025.
  • Rosewood Hotels & Resorts manages a global collection of 29 one-of-a-kind luxury hotels, resorts and residences in 17 countries.
  • The Rosewood collection includes some of the world's most legendary hotels and resorts, including The Carlyle, A Rosewood Hotel in New York, Rosewood Mansion on Turtle Creek in Dallas and Htel de Crillon, A Rosewood Hotel in Paris, as well as new classics such as Rosewood Hong Kong and Rosewood So Paulo.

DGAP-News: German Investment Group secures EUR 9 million mezzanine financing for senior care center in Wilhelmshaven

Retrieved on: 
Monday, July 19, 2021
Karstadt, Mezzanine capital, Leipzig, Trade, Economy, German Investment Group GmbH, Capcora, GERMAN INVESTMENT GROUP GMBH, CAPCORA

German Investment Group GmbH ("GIG") from Leipzig receives mezzanine capital to finance the purchase of land and the implementation of a revitalization project in Wilhelmshaven.

Key Points: 
  • German Investment Group GmbH ("GIG") from Leipzig receives mezzanine capital to finance the purchase of land and the implementation of a revitalization project in Wilhelmshaven.
  • The plan is to convert the historic Karstadt building in the city center into a senior living and care center.
  • On the first floor of the former shopping center, space is planned for food retail, a pharmacy and the reception area of the senior center.
  • "GIG is currently focusing on the purchase of existing buildings that are suitable for conversion to senior living and care.

DGAP-News: Successful Lettings: DIC Asset AG Re-Lets Bremen's Former Kaufhof Department Store 
of about 26,000 sqm

Retrieved on: 
Tuesday, November 3, 2020
Retailers, Retailing, Service companies, Karstadt, Galeria Kaufhof, Metro Group, Saturn, Edeka, Opti, Galeria Inno

Consumer electronics retailer Saturn and grocery retailer EDEKA, previously subtenants of Karstadt-Kaufhof on a combined lettable area of around 10,200 sqm, just signed lease agreements directly with DIC Asset AG.

Key Points: 
  • Consumer electronics retailer Saturn and grocery retailer EDEKA, previously subtenants of Karstadt-Kaufhof on a combined lettable area of around 10,200 sqm, just signed lease agreements directly with DIC Asset AG.
  • At its new location, Opti-Wohnwelt will implement an innovative city concept with a wide product spectrum including delivery and assembly services.
  • "We acted quickly, reliably and creatively to expedite and implement the repositioning of the former Kaufhof property.
  • We demonstrated our ability to translate our maxim 'dynamic performance' into successful results on a daily basis.

DGAP-News: publity AG: PREOS Real Estate AG sells 100,000 square meter property in Essen-Bredeney to SIGNA

Retrieved on: 
Friday, September 25, 2020
Karstadt, Galeria Kaufhof, Retailers, Retailing, Cities in Germany, Frankfurt, Essen, Althoff, Signa Holding, Horten AG

Frankfurt/Main, 25/09/2020 - publity AG (Scale, ISIN DE0006972508) is pleased to announce the sale of a property with approx.

Key Points: 
  • Frankfurt/Main, 25/09/2020 - publity AG (Scale, ISIN DE0006972508) is pleased to announce the sale of a property with approx.
  • The subsidiary PREOS Real Estate AG has now sold the fully let property acquired in mid-2019 to the SIGNA Group.
  • The main tenants of the property on Theodor-Althoff-Strasse include the headquarters of the Galeria Karstadt Kaufhof Group and the Essen Police Headquarters.
  • Once again, PREOS as portfolio holder and publity as asset manager have perfectly cooperated within the Group".

DGAP-News: PREOS Real Estate AG sells 100,000 square metre property in Essen to SIGNA Group

Retrieved on: 
Friday, September 25, 2020
Karstadt, Retailers, Galeria Kaufhof, Retailing, Trade, Bredeney, Essen, Real property, Althoff, Leasehold estate, Signa Holding, Horten AG

Frankfurt am Main, 25.09.2020 - PEOS Real Estate (in future: PREOS Global Office Real Estate & Technology AG, ISIN: DE000A2LQ850, abbreviated "PREOS") has successfully sold a property with around 100,000 square metres of floor space in Essen-Bredeney to the SIGNA Group.

Key Points: 
  • Frankfurt am Main, 25.09.2020 - PEOS Real Estate (in future: PREOS Global Office Real Estate & Technology AG, ISIN: DE000A2LQ850, abbreviated "PREOS") has successfully sold a property with around 100,000 square metres of floor space in Essen-Bredeney to the SIGNA Group.
  • Among the tenants of the property on Theodor-Althoff-Strasse is the Galeria Karstadt Kaufhof Group, which has established its headquarters here.
  • Frederik Mehlitz, CEO of PREOS Real Estate: "The successful sale of the property in Essen illustrates the attractiveness of our portfolio.
  • With the Essen Police Headquarters, another attractive tenant has recently moved in, who will use the property in the long term".

DGAP-News: publity AG: publity secures full occupancy in Essen property - new tenancy agreement with University Hospital

Retrieved on: 
Thursday, May 7, 2020
Landlord–tenant law, Economy, Law, Property, Essen, Rhine Province, Karstadt, Leasehold estate, Lease, Frankfurt

Frankfurt/Main, 7 May 2020 - publity AG (Scale, ISIN DE0006972508) has achieved another leasing success for the approximately 100,000 square metre property in Essen, which is part of its own real estate portfolio.

Key Points: 
  • Frankfurt/Main, 7 May 2020 - publity AG (Scale, ISIN DE0006972508) has achieved another leasing success for the approximately 100,000 square metre property in Essen, which is part of its own real estate portfolio.
  • Another renowned tenant has now been successfully gained with the University Hospital Essen.
  • The University Hospital has leased around 3,000 square metres of office and storage space for five years, which had previously been temporarily used by the Karstadt department store group.
  • By concluding the tenancy agreement with the University Hospital Essen, publity continues to ensure full occupancy of the property.

Wirecard Expands Cooperation With KaDeWe Group, Operator of Germany's Most Famous Department Stores, to Enable all Digital In-store Payments

Retrieved on: 
Monday, June 17, 2019
Economy, Money, Finance, Wirecard, Kaufhaus des Westens, Berlin, Mobile payment, Cashless society, Karstadt

After successfully integrating Chinese mobile payment methods for the group stores in 2018, Wirecard will now handle all cashless payments.

Key Points: 
  • After successfully integrating Chinese mobile payment methods for the group stores in 2018, Wirecard will now handle all cashless payments.
  • KaDeWe Group is comprised of three stores: The KaDeWe in Berlin, one of the largest and most renowned department stores worldwide, the Alsterhaus in Hamburg and the Oberpollinger in Munich.
  • The KaDeWe Group, an important player in the German premium brand sector, recorded a further increase in non-cash sales in 2018.
  • Since 2015, the KaDeWe, the Alsterhaus and the Oberpollinger have been united under the umbrella of the KaDeWe Group.

HBC Provides Update on Real Estate Transactions

Retrieved on: 
Monday, February 4, 2019
Professional services, Finance, Construction & Property, Commercial Building & Real Estate, Karstadt, Arcandor, Omnichannel, Trade, Companies, Retailing, Hudson's Bay Company, Fur trade, Oregon Country, Signa Holding

HBC (TSX:HBC) today announced updates to two real estate transactions which are consistent with previously disclosed terms.

Key Points: 
  • HBC (TSX:HBC) today announced updates to two real estate transactions which are consistent with previously disclosed terms.
  • In November 2018, HBC received CAD $257 million ($197 million) when HBC Europe and SIGNAs Karstadt Warenhaus GmbH combined retail operations and formed a real estate joint venture, which now includes the aforementioned 18 properties.
  • HBC is a diversified retailer focused on driving the performance of high quality stores and their omnichannel offerings and unlocking the value of real estate holdings.
  • HBC has partnered with SIGNA Retail Holdings for real estate and retail joint ventures in Europe.