Monthly Archives: July 2020

Michael Bütter will become Chairman of the Management Board (CEO) of Union Investment Real Estate GmbH

As part of the company’s dynamic growth strategy, reorganisation of the Management Board is now complete following the departure of Reinhard Kutscher.   Michael Bütter will become Chairman of the Management Board (CEO) of Union Investment Real Estate GmbH and … Continue reading

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Ceetrus strengthens board of directors and management, at global and local level

This nomination represents yet another step on the strategy of making Ceetrus a reference player in the transformation of cities around the world.  On a national level, Séverine Bodard, with 20 years of experience in management, development and transformation of real estate, … Continue reading

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intu Merry Hill welcomes new women’s fashion store

Apricot’s ethos is all about making fashion accessible, with well-made staples and trend-led fashion pieces featuring playful prints and bold pops of colour, their range is designed in London but takes inspiration from global travel and cultures. Having launched in … Continue reading

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Queensberry agrees landmark letting – metquarter, Liverpool

LMA, which is co-owned by singer and performer Robbie Williams, is set to invest more than £15 million into the new campus and will provide more than 100 new jobs. LMA has taken a 25 year lease in this ground … Continue reading

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Retail park opportunity through lockdown crisis

By James Gunn It is too early to comment on short-term revenue decline as we are anticipating an economic bounceback in the mid-term and the impact of Covid-19 must be viewed in the long-term. What I can confirm is that retail … Continue reading

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NEINVER renews its centres’ BREEAM In-Use certifications

BREEAM In-Use certifies the implementation of sustainability criteria in both the building and its management for those assets that have been operating for a minimum of two years. Neinver, the leading outlet operator in Spain and Poland, continues to show … Continue reading

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Supermarket Income REIT acquires Tesco Extra in Newmarket, Suffolk

Tesco has a long history of trading from this prominent 9-acre site which was originally developed in the 1980s and completely rebuilt in 2016. The site comprises a 68,000 sq ft net sales area Tesco Extra with a 12-pump petrol … Continue reading

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GroupNexus reveals what’s driving visits post lockdown

As lockdown restrictions have lifted, the data shows that traffic has migrated back to the motorways with even more visitors than before, and seemingly reflective of precaution measures, it appears people are less keen to dwell, with the most visits … Continue reading

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Works in Parque Corredor advance rapidly

The renovation works of Parque Corredor Shopping Center, aimed at transforming the leading shopping center in the Torrejón de Ardoz area into one of retail centers of reference in the NE Madrid region, continue to advance at a fast pace. … Continue reading

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Post Covid preference signals a renaissance for out-of-town retail

In the last fortnight alone, between both schemes the footfall was up by as much as 15% than it was in the same fortnight last year. Major anchor tenants have reported outperforming many of the strongest UK schemes, with feedback … Continue reading

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Hines Secures Major Debt Financing Package for Trinity Quarter Redevelopment

The debt facility which represents in excess of DKK 1 billion was secured with leading Northern European financial services group, Nordea, with Catella Corporate Finance acting on behalf of Hines.  Hines acquired the Universitets Passagen buildings on behalf of the … Continue reading

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Hammerson works with Red Ant to launch new ‘Crowd Checker’ website feature

‘Crowd Checker’ provides shoppers with live updates on how popular a centre is in real time, so that they know when to visit to beat the crowds. The feature is currently live for Brent Cross, Cabot Circus and Westquay in … Continue reading

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ECE: Cano shopping center in Singen opening on November 19, 2020

Cano will be opening its doors for guests at 8 am on November 19, 2020. With about 85 specialty stores, restaurants, cafés, and services spread across a sales area of roughly 16,000 sq m, Cano will provide a diverse offering … Continue reading

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M&S announces proposals to accelerate the transformation of its retail management structure

At its full year results in May, M&S outlined plans to accelerate the pace and scale of the transformation plan and make three years’ progress in one. As part of this, the business committed to integrate more flexible management structures into … Continue reading

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Olena Obukhivska became Arricano’s Director of Communications

“Communications is a strategic business function that is important for our company. We have high requirements for corporate culture and act in accordance with the AIM information policy of the London Stock Exchange and compliance. In the construction and development … Continue reading

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Ivica Pavusek becomes the new Head of Property, Maintenance, Purchasing & Sustainability at Unibail-Rodamco-Westfield Germany

Most recently, Ivica Pavusek was the Assistant General Manager of the group’s Westfield London. He joined the company in July, 2014 as Deputy Shopping Center Manager. He then became the Shopping Center Manager of StadtQuartier Riem Arcaden in Munich for … Continue reading

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The pandemic accelerates changes in retail sector

Traditional shopping on top? As restrictions in physical stores eased, total retail sales in May were 14.9% higher than in April. At the same, time e-commerce sales dropped from 11.9% in April to 9.1% of total retail sales. “Although the … Continue reading

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Changes in the management of Gebr. Heinemann

Dirk Schneider’s last position was Chief Digital & Operating Officer at s.Oliver Group. There he was responsible for the digital and omnichannel strategy, e-commerce, IT and global logistics of the multi-brand fashion company. Previously, the 44-year-old father of three managed … Continue reading

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Camden Market to host the UK’s first public live series of music events post lockdown

A celebration of the capital partially reopening, Camden Market has appointed Xfm founder and NME Radio station manager Sammy Jacob and live agent Neil O’Brien to produce the eclectic series of live events at the Stables Market Amphitheatre. Following the … Continue reading

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IMMOFINANZ focuses on further expanding its “crisis-resistant” STOP SHOPs

During the corona crisis, the retail brand proved its competitive advantages. Even though STOP SHOPs were originally affected by the decreed temporary close downs, they were able to reopen quickly, and swiftly increased their visitor numbers to pre-pandemic levels. “We … Continue reading

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