© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
An error occurred while fetching the data.
Error details: Error: The field at path '/readnext/contents[5]/uri' was declared as a non null type, but the code involved in retrieving data has wrongly returned a null value. The graphql specification requires that the parent field be set to null, or if that is non nullable that it bubble up null to its parent and so on. The non-nullable type is 'String' within parent type 'Content': {"response":{"errors":[{"message":"The field at path '/readnext/contents[5]/uri' was declared as a non null type, but the code involved in retrieving data has wrongly returned a null value. The graphql specification requires that the parent field be set to null, or if that is non nullable that it bubble up null to its parent and so on. The non-nullable type is 'String' within parent type 'Content'","path":["readnext","contents",5,"uri"],"extensions":{"classification":"NullValueInNonNullableField"}}],"data":{"articleData":{"uri":"/2015/09/02/th-real-estate-acquires-interest-in-barcelona-outlet-mall/","canonicalUrl":"https://www.globest.com/2015/09/02/th-real-estate-acquires-interest-in-barcelona-outlet-mall/","generatedId":"fmj45elflf","naturalId":"blogAndPostId/blog/post/296-18282","type":"ARTICLE","postFormat":null,"kickerPresentedBy":null,"breadcrumb":[],"presentedBy":"","title":"TH Real Estate Acquires Interest in Barcelona Outlet Mall","readtime":"2","timeToRead":"2 minute","prettyModified":"","prettyDateTime":"September 02, 2015 at 02:17 PM","needToKnow":[],"byline":"David Phillips","showDisclaimer":true,"authors":[{"name":"David Phillips","description":"David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.","imageLarge":"http://images.globest.com/contrib/content/uploads/sites/313/2016/01/David-Phillips_avatar_1454093129-136x136.jpg","webUrl":"/author/profile/-/"}],"publication":"Globe Street","kicker":"","kickerNode":[],"prettyDate":"September 02, 2015","pubDate":"2015-09-02 14:17:00:000","modifiedDate":"","isDownload":"false","primaryCategory":{"channelName":"","sectionName":"","name":"","uri":"","slug":"","channelUri":""},"tags":[],"image":{"uri":"","width":"","height":"","alt":""},"embed1":"","embed2":"","summary":"BARCELONA, Spain—The deal for Viladecans The Style Outlets advances its JV partnership with NEINVER.","categories":[{"name":"","uri":"/globest-topics//","channelName":"Globest Topics"},{"name":"","uri":"","channelName":"GlobeSt Market"},{"name":"","uri":"","channelName":"Globest Topics"},{"name":"International","uri":"/markets/international/","channelName":"GlobeSt Market"}],"bodyArray":["<p>BARCELONA, Spain—<strong>TH Real Estate</strong>, on behalf of <strong>TIAA-CREF</strong>, has completed the purchase of a 50% interest in <strong>Viladecans The Style Outlets</strong>, currently under development in Barcelona.</p>","<p>The asset has been acquired from <strong>NEINVER</strong>, and forms part of the strategic joint venture announced earlier this year (between NEINVER and TIAA-CREF) to create a leading outlet platform in Europe. TH Real Estate acts as investment advisor to the vehicle, while NEINVER provides specialized asset management and operational services to the assets.</p>","<p>The partners plan to build a significant investment platform over time, the initial focus being on NEINVER's existing portfolio and development pipeline across Europe. The partnership also includes The Style Outlets, in <strong>Roppenheim, France</strong>, acquired in January 2015, and the more recent acquisitions of <strong>Factory Annopol</strong> in Warsaw and <strong>Factory Krakow</strong> and <strong>Futura Park</strong> in Krakow, Poland.</p>","<div class=\"paywall-content\"><p>Phase 1 of Viladecans The Style Outlets, scheduled to complete in 2016, will include 100 retail units over a total gross leasable area of 19,800 sq m (215,280 sq ft). The outlet mall is strategically-located close to <strong>El Prat International Airport</strong>, just 15 minutes' drive from downtown Barcelona, with a local catchment area of 6.4 million residents.</p>","<p>“European Outlet Malls, as an asset class, has regularly outperformed other retail sub sectors and continues to form a key component of our growth strategy in Europe,” said <strong>David Turner</strong>, head of TIAA European Investment. “Our partnership with NEINVER continues to provide access to a strong portfolio of outlet malls, diversified across key European markets.”</p>","<p>The acquisition enhances TH Real Estate's <strong>Iberian</strong> management portfolio. Outside of the JV agreement with NEINVER, TH Real Estate manages nine shopping centers across the region, on behalf of other third-party clients. </p></div>"],"slides":[],"video":null},"articlePackages":[],"youmightlike":[{"uri":"/2018/10/01/maracay-continues-land-assemblage-for-572-home-community/","title":"Maracay Continues Land Assemblage for 572-Home Community","byline":"John Jordan","prettyDate":"October 01, 2018","readtime":"2","image":{"uri":"https://images.globest.com/contrib/content/uploads/sites/306/2018/10/az-gilbert-water-tower-resized.jpg","width":"616","height":"372"},"summary":"Maracay officials say the firm intends to close on the third and last land purchase of 80 acres and 240 homesites in Chandler in early 2019."},{"uri":"/2018/10/01/summit-hotel-properties-acquires-residence-inn-by-marriott-boston-watertown/","title":"Summit Hotel Properties Acquires Boston-Area Hotel, Sells FL Property","byline":"John Jordan","prettyDate":"October 01, 2018","readtime":"2","image":{"uri":"https://images.globest.com/contrib/content/uploads/sites/306/2018/10/Residence-Inn-Boston-Watertown-Cambridge-Hotel-resized.jpg","width":"616","height":"372"},"summary":"The Austin, TX-based hotel REIT also reports that it has closed on the sale of the 148-room Hyatt Place Fort Myers/at the Forum in Fort Myers, FL for $16.5 million or approximately $111,000 per key."},{"uri":"/2018/10/01/historically-low-industrial-availability-amps-up-urgency/","title":"Historically Low Industrial Availability Amps Up Urgency","byline":"Lisa Brown","prettyDate":"October 01, 2018","readtime":"3","image":{"uri":"https://images.globest.com/contrib/content/uploads/sites/312/2018/09/sea-pro-ampac.jpg","width":"616","height":"372"},"summary":"The ProAmpac campus recently purchased by an EverWest partnership totals three buildings in the Kent Valley submarket, one of Washington's most in-demand warehouse and manufacturing locations."},{"uri":"/2018/10/01/marcus-millichap-sells-117k-sf-industrial-building-valued-at-10-95m/","title":"Marcus & Millichap Sells 117K SF Industrial Building Valued at $10.95M","byline":"Steve Lubetkin","prettyDate":"October 01, 2018","readtime":"2","image":{"uri":"https://images.globest.com/contrib/content/uploads/sites/308/2018/09/OnePaulKohnerPlace616x372.jpg","width":"616","height":"372"},"summary":"The property sold for $10.95 million at a 6% capitalization rate."},{"uri":"/2018/10/01/maguire-hayden-real-estate-paying-32-million-for-collegeville-pa-office-portfolio/","title":"Maguire Hayden Real Estate Paying $32 Million for Collegeville, PA Office Portfolio","byline":"Steve Lubetkin","prettyDate":"October 01, 2018","readtime":"2","image":{"uri":"https://images.globest.com/contrib/content/uploads/sites/308/2018/09/Highview-1-616x372.jpg","width":"616","height":"372"},"summary":"The two buildings, which are currently 93%-leased, are home to anchor tenants IQVIA, Fidelity Information Services and FirstService Residential."},{"uri":"/2018/10/01/moodys-moves-forward-with-278m-acquisition-of-reis/","title":"Moody's Moves Forward With $278M Reis Acquisition","byline":"Erika Morphy","prettyDate":"October 01, 2018","readtime":"1","image":{"uri":"https://images.globest.com/contrib/content/uploads/sites/304/2018/03/Moodys-Investors-Service-headquarters-at-7-World-Trade-Center-resized.jpg","width":"616","height":"374"},"summary":"The waiting period for the acquisition ended on Friday allowing Moody's to move forward with its bid."}],"readnext":{"contents":[{"uri":"/2024/10/01/exploring-cre-retail-trends-ahead-of-2025/","title":"Exploring CRE Retail Trends Ahead of 2025","byline":"Sponsored by Placer.ai","summary":"Join this webinar to dive into the strategies used by leading brands and sectors, highlighting the opportunities and challenges that will influence the upcoming year.","prettyDate":"October 01, 2024","kicker":"Webcast","image":{"uri":"https://images.globest.com/contrib/content/uploads/sites/276/2024/10/Placer-webcast-image.jpg","width":"616","height":"411"},"breadcrumb":[],"primaryCategory":{"name":"","uri":"","channelName":"","channelUri":""}},{"uri":"/2024/11/05/who-would-be-best-for-cre-as-president/","title":"Who Would Be Best for CRE as President?","byline":"Erik Sherman","summary":"CRE pros say policies aren't clear and the big question will be Congress.","prettyDate":"November 05, 2024","kicker":"Features","image":{"uri":"https://images.globest.com/contrib/content/uploads/sites/296/2024/10/2024-Presidential-Election-MI.jpg","width":"767","height":"460"},"breadcrumb":[],"primaryCategory":{"name":"","uri":"","channelName":"","channelUri":""}},{"uri":"/2024/09/26/embracing-proptech-demystifying-building-technology-to-drive-better-noi/","title":"Embracing Proptech: Demystifying Building Technology to Drive Better NOI","byline":"Sponsored by Building Engines","summary":"Join this webcast, as dive into the merits of adopting proptech solutions and automation in diverse realms of property management","prettyDate":"September 26, 2024","kicker":"Webcast","image":{"uri":"https://images.globest.com/contrib/content/uploads/sites/296/2024/09/Building-Engines-Webcast-Image.jpg","width":"616","height":"411"},"breadcrumb":[],"primaryCategory":{"name":"","uri":"","channelName":"","channelUri":""}},{"uri":"/2024/11/05/blackstones-jon-gray-recurring-bottom-calls/","title":"Blackstone's Jon Gray Recurring Bottom Calls","byline":"Erik Sherman","summary":"Caveat: his statements are easy to misunderstand.","prettyDate":"November 05, 2024","kicker":"Analysis","image":{"uri":"https://images.globest.com/contrib/content/uploads/sites/296/2023/03/Blackstone-Article-202303020824.jpg","width":"620","height":"372"},"breadcrumb":[],"primaryCategory":{"name":"","uri":"","channelName":"","channelUri":""}},{"uri":"/2024/11/05/four-senators-question-kkr-about-june-multifamily-acquisition/","title":"Four Senators Question KKR About June Multifamily Acquisition","byline":"Erik Sherman","summary":"The senators want to know if KKR will drive up rents.","prettyDate":"November 05, 2024","kicker":"Analysis","image":{"uri":"https://images.globest.com/contrib/content/uploads/sites/296/2019/10/08_washington-dc-capitol-water_MI.jpg","width":"616","height":"372"},"breadcrumb":[],"primaryCategory":{"name":"","uri":"","channelName":"","channelUri":""}},null]}},"extensions":{"DateTime":"2024-11-07T08:07:05.266358810","ResponseTime":"?","AuthorizedUser":false,"AlmContext":"AlmContext{clientIP='10.0.253.254', internalIP='true', origin='', authorizedUser='false', Chinchilla, userAccount='null', UCID=null, ipAccount='null'}","NavServiceResponse":{"message":"Show a wall","action":"show wall","data":"WelcomeWall","placResultsPublic":{"overallContentType":"FreeWithRegContent","userState":"DENYFREEWREGNOTLOGGEDIN","showWall":"WelcomeWall","userAccess":"0","referrer":"https://www.globest.com/2015/09/02/th-real-estate-acquires-interest-in-barcelona-outlet-mall","userAccessCookie":null,"productList":"","contentMetaData":"<?xml version='1.0' encoding='UTF-8'?><ARTICLE><TYPE>ARTICLE</TYPE><ID>/2015/09/02/th-real-estate-acquires-interest-in-barcelona-outlet-mall/</ID><SOURCE>Globe Street</SOURCE><PUBLICATION-DATE>2015-09-02 14:17:00</PUBLICATION-DATE><PUBLICATION-NAMES><PUBLICATION-NAME>Globe Street</PUBLICATION-NAME></PUBLICATION-NAMES><PRACTICE-AREAS /><CHANNELSECTIONS><CHANNELSECTION><CHANNEL>GlobeSt Market</CHANNEL></CHANNELSECTION><CHANNELSECTION><CHANNEL>Globest Topics</CHANNEL></CHANNELSECTION><CHANNELSECTION><CHANNEL></CHANNEL><SECTION>International</SECTION></CHANNELSECTION><CHANNELSECTION><CHANNEL>tag</CHANNEL></CHANNELSECTION></CHANNELSECTIONS><REFERRER>https://www.globest.com/2015/09/02/th-real-estate-acquires-interest-in-barcelona-outlet-mall</REFERRER></ARTICLE>","numberOfViewsLeft":0,"numberOfFCFViewsLeft":0,"decisionEngine":"RidgeRunner","rulesFiredString":"[]","contentProductCodes":"[\"regonlypubcontent\"]"}},"DebuggingData":null,"UsedCache":"true","DataUrl":"http://ml.alm.com:9016/bff-services/content/get-you-may-like-for-content.xqy?naturalId=/2015/09/02/th-real-estate-acquires-interest-in-barcelona-outlet-mall/&site=www.globest.com&total="},"status":200,"headers":{}},"request":{"query":"\n####\n####\n# QUERY\n# ROUTE:/2015/09/02/th-real-estate-acquires-interest-in-barcelona-outlet-mall/\n####\n\n\nquery Globest__view_article_no_sitedir{articleData:\n getContent(naturalId: \"/2015/09/02/th-real-estate-acquires-interest-in-barcelona-outlet-mall/\", site:\"globest.com\") {\n uri\n canonicalUrl\n generatedId\n naturalId\n type\n postFormat\n kickerPresentedBy {\n \t\t label\n \t\t value\n \t\t}\n breadcrumb{\n name\n \t\turi\n }\n presentedBy\n title\n readtime\n timeToRead\n prettyModified\n prettyDateTime\n needToKnow\n byline\n showDisclaimer\n authors {\n name\n description\n imageLarge\n webUrl\n }\n publication\n kicker\n kickerNode {\n name\n slug\n uri\n sectionName\n }\n prettyDate\n prettyDateTime\n pubDate\n modifiedDate\n isDownload\n primaryCategory {\n channelName\n sectionName\n name\n uri\n slug\n channelUri\n }\n tags\n image {\n uri\n width\n height\n alt\n }\n embed1\n embed2\n summary\n categories {\n name\n uri\n channelName\n }\n bodyArray\n slides {\n title\n image\n caption\n height\n width\n }\n video\n\n }\n articlePackages:\n getPackagesForArticle(docId: \"/2015/09/02/th-real-estate-acquires-interest-in-barcelona-outlet-mall/\", limit: 3, publication:\"globest.com\") {\n title \n slug\n type \n summary\n cssFile\n navigations {\n name\n link\n }\n articles {\n title\n kicker\n uri\n image {\n uri\n }\n }\n\n \n }\n youmightlike:\n getYouMayLikeForContent(naturalId: \"/2015/09/02/th-real-estate-acquires-interest-in-barcelona-outlet-mall/\", site:\"globest.com\") {\n uri\n title\n byline\n prettyDate\n readtime\n image {\n uri\n width\n height\n }\n summary\n }\n readnext:\n getStatsList(site:\"globest.com\", topic: \"\", limit: 5, timeframe: \"3days\" ) {\n contents {\n uri\n title\n byline\n summary\n prettyDate\n kicker\n image {\n uri\n width\n height\n }\n breadcrumb{\n name\n \t\turi\n }\n primaryCategory {\n name\n uri\n channelName\n channelUri\n }\n breadcrumb {\n name\n uri\n }\n }\n\n }\n }"}}
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
On-Demand Webinar
Sponsored by LeaseAccelerator
Explore the transformative power of centralizingCRE lease data and accounting functions. Access this on-demand webinar to discover cost-saving strategies, real-world case studies, and how to achieve compliance effortlessly.
On-Demand Webinar
Sponsored by LeaseAccelerator
Real Estate Administration - 10 Ways To Save
Discover how to optimize your real estate portfolio through ten actionable strategies that can help you achieve significant cost savings.
On-Demand Webinar
Sponsored by LeaseAccelerator
Real Estate Lease Admin Best Practices
Join this on-demand webinar to explore best practices in real estate lease administration. Learn how to streamline your operations and achieve cost savings while ensuring compliance with lease accounting standards.