Monthly Archives: November 2020

Impact of covid-19 on Klépierre’s activities in Europe

In France, Belgium, Barcelona in Spain, Poland, the Czech Republic and in certain Italian regions,(1) the authorities have ordered the closure of all stores except those selling basic necessities.(2)  47% of Klépierre’s malls (in value) is unaffected by those general closure … Continue reading

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Mitiska REIM announces a €33 million financing facility for its four newest Romanian retail parks with Erste Group Bank AG

Three of the retail parks, located in the Romanian cities of Bistrita, Braila and Drobeta-Turnu Severin, are development projects by Mitiska REIM and its Romanian country partner Square 7 Properties, with the Bistrita development first opening in 2017 and the … Continue reading

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Reconstructed Origo building in Riga is now open

The reconstructed Origo shopping center building’s doors are now open to visitors, now featuring a new entrance from the Station Square. The project has allowed the area of the shopping center to be increased by more than half. Total investments … Continue reading

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People in move

Vanessa Simms Landsec Credit: Landsec Landsec is pleased to announce that Vanessa Simms is to be appointed as its next Chief Financial Officer. Vanessa is currently CFO of Grainger PLC, a role she has held since February 2016, and Non-Executive … Continue reading

Vanessa Simms is to be appointed as Landsec’s next Chief Financial Officer

Vanessa is currently CFO of Grainger PLC, a role she has held since February 2016, and Non-Executive Director and Audit Committee Chair at Drax Group PLC. Prior to that, Vanessa held a number of senior positions at other UK property … Continue reading

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International retail real estate leaders to speak at MAPIC Digital

MAPIC unveils an exceptional line-up of international retail real estate, retail and leisure decision-makers who will speak at MAPIC Digital to share their views on the industry’s future. Retailing is in the midst of a major transformation which was abruptly … Continue reading

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Hines Appoints WeWork Executive Ronen Journo to Lead Property Management Operations and Customer Experience in Europe

Hines, the international real estate firm, has appointed WeWork executive Ronen Journo as European Head of Operations and Senior Managing Director. An expert on global workplace trends, technology and corporate real estate operations, Ronen will work closely with Hines’ teams … Continue reading

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GCSP: Marie Ernst as new ambassador for the West Region

“To take over this important office means an exciting and enriching task to me, and I am really happy to represent the activities of the German Council in the future. One of my priorities will be the exchange with our … Continue reading

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Heinemann Duty Free at BER: Welcome to the new Capital Airport!

„We are delighted to finally be able to get started,” emphasizes Raoul Spanger, Chief Operating Officer of Gebr. “Heinemann Duty Free is counting on BER as an attractive capital city airport. Unfortunately, our joy about the opening is overshadowed by … Continue reading

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NEINVER reveals new brands for Amsterdam The Style Outlets

NEINVER has confirmed additional top international brands to join Amsterdam The Style Outlets, the first outlet development in Greater Amsterdam. Le Creuset, Marc O’Polo, Wellensteyn, Mephisto and Dutch lifestyle brand Sissy Boy, who is opening its first outlet store, are … Continue reading

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Two new additions to the Westgate Shopping City

The newly introduced 600 sq m space in Westgate Shopping City is the second Calliope store in the Zagreb area and the first one inside a shopping center. The store offers fashion for women, men, and kids. Denis Cupic, the … Continue reading

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JLL foodservice division branches out as independent consultancy

Adam Griffin, Paulina Herrmann, Ian Hanlon, Richard Moulds and Ken Higman will continue to provide strategic foodservice advice as the newly-formed Coverpoint Foodservice Consulting. They will work with global landlords, investors, developers and operators, delivering strategic foodservice advice and solutions … Continue reading

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HB Reavis project Nivy awarded BREEAM ​‘excellent’ Communities certification

The award was made following a 36 month assessment of the project and highlighted the following factors as key elements:  – support of the local economy, creation of new jobs – creation of green infrastructure  – air quality monitoring and evaluation during the whole … Continue reading

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Repositioning of Forum Muelheim

The new areas will be available for health, therapeutic and care services and will complement the existing retail and F&B offer. In addition, a kindergarten will be built on the ground floor. The centre will remain open during the entire … Continue reading

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COVID-19: Temporary IKEA store closures

The primary concern of IKEA is the health and safety of its co-workers and customers. As there are unique circumstances in the 30 countries where Ingka Group has stores located, evaluations and decisions are taken based on the local situation.  … Continue reading

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Footfall-Anchors Post Corona – 5 Propositions for the New Future of Retail

Corona has changed many things. And Corona will have long lasting effects on our society, economy and politics. Covid-19 is without doubt the greatest challenge since the Second World War, also for the real estate industry and across all asset … Continue reading

CCC, the leader of the Polish footwear market is joining Colosseum Mall in Bucharest

The store from Colosseum Mall will follow the newest concept and design of the CCC brand, which focuses on simple lines, neutral colours, grayscale finishes with metal furniture elements and a modern look with industrial influences. Joanna Jozwiak, General Manager … Continue reading

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Outlet Village Bealaya Dacha shows +5% footfall and +1% sales

Hines announces the results of the first half of the year for Outlet Village Belaya Dacha. Throughout January-March and June-September 2020, the outlet welcomed over 2,200,000 guests, which is + 5% more compared to the same period last year. Like-to-like … Continue reading

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Hammerson completes €307m disposal of VIA Outlets

The transaction is based on a gross asset value for Hammerson’s share of the VIA portfolio of €644 million and represents a net initial yield of 6.5% and an 18.3% discount to gross asset value as at 30 June 2020.

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