Germany’s ECE and Dutch developer Multi Development came in virtually neck-in-neck in PropertyEU’s retail ranking for 2012. The figure is based on the amount of retail space completed between 2009-2011. ECE completed 763,000 m[sup]2[/sup] over the period, just 1,000 m[sup]2[/sup] more than Multi.
Germany’s ECE and Dutch developer Multi Development came in virtually neck-in-neck in PropertyEU’s retail ranking for 2012. The figure is based on the amount of retail space completed between 2009-2011. ECE completed 763,000 m2 over the period, just 1,000 m2 more than Multi.
In the overall developers’ ranking, which includes office and logistics developers, Multi came in second after Goodman in terms of total GLA completed in the past three years. The overall ranking also includes office and other developments completed by ECE and Multi during the period. InterIkea Centre Group is one of the few ‘pure’ retailers in the ranking alongside Neinver (19th) and McArthurGlen (22nd). InterIkea completed 438,000 m2 over the period.
The figure for InterIkea is based on the company’s activities in Austria, Croatia, Czech Republic, France, Germany, Italy, Poland, Portugal, Serbia, Slovakia, Spain, Switzerland and China. InterIkea Centre Group currently operates almost 30 retail destinations in partnership with Ikea stores throughout Europe, representing more than 1 million m2 of retail space. The company plans to add 10 new locations to its portfolio in new markets including China. InterIkea is just one of the three companies that form part the real estate development arm of the Ikea business.
Together with Ikea Shopping Centres Russia & CIS and IKANO Retail Centres, the Ikea real estate group operates 3.4 million m2 of retail space in 18 countries. In addition to the 56 malls in the portfolio, it has another 26 projects under development or in the pipeline.
