Yearly Archives: 2020

People in move

Carsten Demmler Warburg-HIH Invest Credit: Warburg-HIH Invest Warburg-HIH Invest reinforces management board by recruiting Carsten Demmler. Warburg-HIH Invest Real Estate (“Warburg-HIH Invest”) will expand its Management Board in line with its growth trajectory. Carsten Demmler (45) was appointed to the … Continue reading

SIGNA joins united nations global compact

SIGNA is committed to the guiding principle of sustainable development. As it is, the company already lives by the values of economic success, climate protection, integrity and social responsibility. In order to underscore its claim, SIGNA has now joined the … Continue reading

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St David’s Cardiff signs BoConcept as post-lockdown deals continue

With stores in 65 countries spanning six continents, BoConcept works on an ethos of individuality, with more than 80% of products adaptable in size, colour, materials, or components, and offers a comprehensive interior design service to make restyling easier and … Continue reading

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Denis Sokolov appointed as Chair of ULI Russia

Denis’ two-year term, which is served on a voluntary basis, officially began on 1 October 2020. ULI is the world’s oldest and largest network of cross-disciplinary real estate experts, with more than 45,000 members globally. As Chair of ULI Russia, … Continue reading

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Ingka Group: Robust performance and accelerated investments in omnichannel and sustainability

For several weeks during the peak of the pandemic, Ingka Group had to close 75% of its IKEA stores. The company, however, still achieved a EUR 1.2 billion (EUR 1.8 billion FY19) net profit, and these resources will go back … Continue reading

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Do Not Put Gaming in the Corner

In a world in which brands are constantly reinventing themselves and striving to remain relevant and authentic to consumers, it comes as little surprise that the gaming world, with an estimated 2.5 billion enthusiasts, has become a go-to sector to … Continue reading

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Tenants Want Flexibility

By Rida Kalvaitienė The unexpected Covid-19 pandemic has panned out in various ways in the commercial property markets across the Baltic States. Restrictions imposed during the quarantine period have severely affected the operation of major shopping and entertainment centers. While … Continue reading

Tbilisi Outlet Village development officially launched – the first outlet at the crossroads of Europe & Asia

Construction is scheduled to start before the end of the year with an opening of Phase 1 – making up 12,500 square metres and 70 units – planned to open in spring 2022. Tbilisi, dubbed the fashion capital of Eastern … Continue reading

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Supernova Celebrates in the Slovenian Capital

On July 20, 2020, the retail real estate sector in the Slovenian capital had reason to celebrate: Aleja shopping center in Ljubljana-Šiška was opened. On September 9, the Supernova Group celebrated the laying of the foundation stone in front of … Continue reading

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Expanding the Boundaries of “PropTech”

Wikipedia defines PropTech as: “the application of information technology and platform economics to real estate markets”. While many associate PropTech with technology that supports Smart Buildings, at Placewise, we define PropTech as any technology that supports physical real estate. Today, … Continue reading

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adidas expands the size of its store in London Designer Outlet

adidas, which has been at London Designer Outlet (LDO) since it first opened in 2013, will bring a more experiential offer to its enlarged store with its new retail format. It will focus on selling sports performance apparel and footwear, … Continue reading

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Fostering retail property in the “New” EU Member States

It shouldn’t need to be fostered at all. In “new” member states, all the investment and operating freedoms of the EU internal market have applied from Day 1. Add low retail density and increasing local disposable income, and you should … Continue reading

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Multi-managed polish shopping centres awarded safety certificate and ready to reopen

The shopping centres that have received sanitary safety certificates are: Forum Gdańsk, Magnolia Park in Wrocław, 3 Stawy in Katowice, Galeria Pestka in Poznań, Sarni Stok in Bielsko-Biała and Ferio Konin. Special SafeGuard badges have already appeared at the entrances … Continue reading

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NEINVER and Nuveen Real Estate open Amsterdam The Style Outlets, their first outlet centre in the Netherlands

NEINVER and Nuveen Real Estate have strengthened their European footprint with the opening of Amsterdam The Style Outlets, the first outlet centre in the Greater Area of Amsterdam.  This €110 million development will create around 600 direct jobs and is … Continue reading

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Westfield Mall of the Netherlands announces opening date March 18, 2021 and is 85% pre-let

Outdoor giant Bever is taking a major location in the Mall and set to be a key attraction. In addition, internationally renowned fashion brands Joe Merino, MSCH Copenhagen, YAYA, Mango and Guess complement Dutch brands Schmidt Optiek, Guts & Gusto, … Continue reading

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Holland & Barrett sign to supplement retail offer at Angel Central, Islington

Founded 150 years ago, leading wellness retailer Holland & Barrett will be relocating from their previous Angel store, opening an upsized 1,389 sq ft shop at 21-22 Upper Street, this December. Commenting on the signing, Ciara Daffy, Asset Manager at … Continue reading

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HMSHost International brings shoppers food & beverage brands to Amsterdam The Style Outlets

Playing an essential role in every fashion destination, a selection of food & beverage stores provides shoppers with a place to unwind and reboot. HMSHost International is proud to partner with Amsterdam The Style Outlets in bringing shoppers the global … Continue reading

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Wereldhave receives multiple recognitions for its CSR strategy

Wereldhave has been awarded the GRESB 5 Star rating for the seventh consecutive year.It again confirms the leading position Wereldhave takes in creating a more sustainable real estate industry. The score increased to 93 points out of 100, up from … Continue reading

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Snipes introduces a unique store concept at Berlin shopping center Die Mitte, strengthening its strategic partnership with Nike

Berlin is the only city in Germany that belongs to the exclusive circle of international metropolises in which Nike and Snipes carry out such collaborations. With this expansion, Unibail-Rodamco-Westfield (URW) Germany is strengthening its focus on rental partners with innovative … Continue reading

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Projects & Openings International

SILICON CENTRAL | UNITED ARAB EMIRATES The shopping center and management division of Abu Dhabi-based Lulu Group International, Line Investments & Property LLC, boasts a portfolio of malls through the Gulf and India. LIP’s latest development is Silicon Central in … Continue reading