Monthly Archives: January 2020

redos Group appoints Timo Singer as Head of Portfolio Management

In this capacity, he will be in charge of portfolio and asset optimisation for the company’s shopping centre investments as well as its fund management business. Timo Singer brings many years of experience at various international companies, including specifically in … Continue reading

Projects & Openings Europe

FINLAND Mall of Tripla October 17, 2019 marked the opening of YIT’s major project, which is comprised of Mall of Tripla, a parking garage, and Pasila station in Helsinki. Mall of Tripla, built to be the heart of the complex as … Continue reading

EPP nominates Tomasz Trzósło as new CEO

The appointment is subject to approval by the general meeting of shareholders. Tomasz Trzósło is expected to join EPP from JLL where he serves as the Managing Director for Poland and Central Europe. He held various senior leadership positions in … Continue reading

Clear Channel UK partners with Hammerson

As of June 2020, Clear Channel will be offering new advertising opportunities across Hammerson malls as part of its Malls Live network, that will grow to almost 700 screens across 57 leading UK malls. The partnership will see Clear Channel … Continue reading

Cushman & Wakefield Poland appoints new Head of Retail Agency

As Head of Retail Agency, Beata Kokeli will lead a team of specialists who draw on their in-depth local and global retail market expertise to deliver integrated advisory services on development, tenant acquisition, strategic marketing and risk management in shopping … Continue reading

M1 Adana Shopping Centre recognized with the Sign of the City Award 2019

METRO PROPERTIES is honored that the M1 Adana Shopping Centre has been awarded with the most prestigious award of the Turkish Real Estate sector. The award recognizes excellence and maintains high standards in the property industry worldwide. In November 2018 … Continue reading

Walter Seib the new chairman of the FoodService Institute Netherlands

Over the past six years, Paul, founder of ‘La Place’, grew the FSIN from more than 100 companies to its current position as an association of 200 companies. Uniquely organised with a board of nine industry-based policy makers, the knowledge … Continue reading

Kennedy Wilson completes $81 Million sale of ten-property Spanish retail portfolio

The sales generated approximately $33 million of net cash proceeds to Kennedy Wilson, which the company expects to recycle into other European investment opportunities and to fund existing development projects. The combined sales will result in approximately $10 million of gains … Continue reading

Patrizia hires new Head of Asset Management South-West Europe

Patrizia announces it has appointed Alberto González de las Heras as its new Head of Asset Management South-West Europe. Based at the Patrizia Madrid office, González de las Heras now oversees the asset management for France, Italy, Portugal and Spain, … Continue reading

People in the European Retail Real Estate Industry

Holger Hosang Allianz Real Estate Credit: Allianz Real Estate Allianz Real Estate has appointed Holger Hosang as Director Germany. Hosang has assumed this role in addition to his previously existing role as Head of Asset Management North & Central Europe … Continue reading

Liverpool One celebrates christmas succes & record year

The outstanding Christmas results mark the end of a record year of performance at the destination, with sales up 2.5% during 2019. Footfall figures also bucked trends in 2019, with a total of 29 million visitors to Liverpool ONE throughout … Continue reading

Capital & Regional strengthens leasing team with new appointment

Jocelyn joins the company as Leasing Executive, with over 14 years’ experience in the commercial property sector with roles at Queensberry as Senior Leasing Manager and as an Associate Director at GCW in the Shopping Centre Team. In her new … Continue reading

ICON Outlet bucks festive period trend with significant footfall and spend growth

Across all stores there was particularly strong like-for-like performance growth over the Christmas period, with beauty up 71%, accessories up 52%, footwear up 39% and fashion increasing by 33%.  In addition, Boxing Day far exceeded expectations, bucking the national trend … Continue reading

Outlook 2020

Is one on the horizon or not? When the CEOs of major international corporations dare to scrutinize the current state of the world economy, that is arguably the only prevailing question that is asked. “A recession lies ahead,” predicts Robert … Continue reading

PROFI aquires Maya supermarkets in Romania

This transaction was already approved by the Competition Council, and it involves Prahova and Dambovita counties. “The acquisition is part of PROFI’s integrated long-term strategy and we are thrilled that this is the most important move within our history. As … Continue reading

Christian Hohenthal appointed CEO of Sponda

Christian Hohenthal has been appointed CEO of Sponda, with effect from February 1st 2020. Christian Hohenthal joins from JLL, where he is currently CEO of JLL Finland. JLL is one of the world’s leading real estate advisory businesses, which has … Continue reading

Upping the Andes: Elephant Park provides new home for two local restaurants

of few operators in London that specialise in this particular Latin American cuisine, Miko’s focusses on traditional and affordable dishes, including an array of soups, rice, and seafood dishes. is set to open a 620 sq ft restaurant at 15A … Continue reading

REALM wins a REVO gold award

As James Cons announced the result of the rigorous judging process he commented how Realm had “set about to fundamentally reposition the asset, not simply refurbishing the interior and exterior but through the inclusion of an ambitious rebranding and cultural change … Continue reading

Christmas success at London Designer Outlet

Overall, total revenue climbed +11.1%, year-on-year (YoY), and like-for-life revenue, rose by +7.6%, YoY, when newly opened stores are excluded. The diversity of products available at London Designer Outlet was demonstrated in the results by retailer type. Total revenue in … Continue reading

Cushman & Wakefield brokers a deal of the year on the Polish investment market

“Congratulations to everyone involved! We have just finalized a transaction that will make Wing a significant player on the regional market. Our team was very innovative in bringing the parties together. We introduced them to each other and provided due … Continue reading