Monthly Archives: March 2020

Volker Stinnes named new CEO of Land of Fashion

Volker has extensive international experience in consumer goods, initially holding roles within Unilever and Sony, followed by the positions of CFO and then Global Sales Director for the Napapijri brand (VF Corporation). In his most recent position as Business Director … Continue reading

Redevco acquires mixed-use, urban property in Düsseldorf as part of its €500 million residential investment programme

The asset, known as the Dieterich Karree, was purchased in an off-market transaction from Bayerische Versorgungskammer (BVK) for more than €100 million. This is the second transaction on behalf of Redevco’s specialist strategy to deploy €500 million in the residential … Continue reading

MEC fills the position of Head of Technical Property Management from its own ranks

MEC METRO-ECE Centermanagement GmbH & Co. KG is filling the position of Head of Technical Property Management (TPM) with immediate effect with Sven Schneeweiß. He will take over the management of the division from Sebastian Kienert, CFO, who had previously … Continue reading

Erik Florman new head of Sustainability at Kungsleden

Erik has a proven background in sustainability work from the construction and property sector and has been the driving force behind a large number of sustainability projects. In addition to his role at Skanska, he was also Acting LEED manager … Continue reading

Saks Fifth Avenue “Theatre of Dreams” awarded “Excellence in Installation” Award

Each year, millions of people around the world look forward to the annual Saks Fifth Avenue Holiday Light Show. The 2018 display, entitled, “Theatre of Dreams”, thrilled visitors with its 8-story tall, city-block wide ode to Broadway, which included John … Continue reading

Commercial licence granted for Chapman Taylor-designed Breogán Park retail development

The aim of the redevelopment design is to provide a family-friendly destination which will be socially and commercially vibrant for decades to come. The retail park will retain the two existing underground car parking levels and the structure of the … Continue reading

Altera wins the GRESB-BREEAM Award for most responsible investor

The ‘Responsible Investment’ award is based on several criteria such as percentage of assets with a BREEAM certification, the GRESB Score as a measure of holistic ESG performance and demonstrated commitment to sustainability by the manager. The GRESB Management Team … Continue reading

The value of sound design in retail

By Margareta Andersson A good sound environment is important–no matter what type of space. Sound affects us 24 hours a day and the difference between a pleasant, well-designed sound environment and an unpleasant, noisy sound environment can be crucial. Both … Continue reading

Ingka Group accelerates investments

Six new investments were closed during the fiscal year taking the company’s venture and growth capital portfolio to 18 active companies as of Aug. 31, 2019. With new and follow-on investments, this portfolio doubled its total invested capital. The venture and … Continue reading

ECE expands residential activities in the United Kingdom

The company is expanding its activities in the residential sector in the United Kingdom and is acquiring a portfolio with a total of 2,100 build-to-rent residential units at three locations in Birmingham, Leeds, and Manchester – the three largest and … Continue reading

Sonae Sierra, APG, Allianz and Elo announce the creation of Sierra Prime

Sonae Sierra, APG, Allianz and Elo today entered into an agreement to form a new strategic joint venture comprised of 6 flagship Iberian shopping centres with a total gross asset value of above €3.0Bn (€1.8Bn on a proportional basis). The … Continue reading

“We Are Always Very, Very Consistent In Our Choice Of Locations”

ACROSS: The IMMOFINANZ retail property portfolio has grown substantially over the last few years. What specific strategy are you pursuing? Dietmar Reindl: We are primarily focused on our retail platform, which includes the STOP SHOP and VIVO! retail parks. This … Continue reading

Trei Opens its 16th Vendo Park in Poland

The property has a gross lettable area of around 6,700 square metres and is tenant-occupied by eleven different retailers. The total investment costs add up to 8.7 million euros. Jawor has a population of around 23,000 and lies roughly 25 kilometres south … Continue reading

Capital & Regional opens new PureGym at the Marlowes as centre undergoes strategic repositioning

Pure Gym was able to surpass its opening target, reaching 1,200 members before opening and 1,500 members in the first week. Pure Gym is expected to attract around 5,000 members from the local town, taking advantage of its 24-hour fitness … Continue reading

Redevco: Shopping Pajot in Sint-Pieters-Leeuw once again fully let

Albert Heijn will be opening this spring in the former Concept Fashion and Mano (shoes) units. Raf Van den Heuvel, General Manager of Albert Heijn Belgium: “This is an important store forus. The Pajottenland region was high on our wish … Continue reading