Yearly Archives: 2020

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

15 years of consecutive turnover growth as Springfields Outlet continues to buck national trends

When comparing the Christmas school holidays, from 19th December 2019 to 5th January 2020 inclusive, with the same school holiday period in 2018 total revenue increased by +2% year-on-year. Within this period, the most successful week achieved a +12% YoY … Continue reading

Greenman OPEN acquires a brand new retail Hybrid Centre in Homberg, Germany

Greenman OPEN has notarised a deed to acquire a new retail Centre by way of a forward purchase transaction, in Homberg (Efze), Germany. The centre which is under construction is expected to be completed in November 2020 and will be … Continue reading

Chapman Taylor designs extension of Designer Outlet Warsaw

Chapman Taylor has designed the extension of Designer Outlet Warsaw, expanding its commercial space and increasing the number of parking spaces. Designer Outlet Warsaw is a unique retail destination in the city, providing discounted offers from major international brands. The … Continue reading

Man of the Year

One of the few major new developments in the European retail property market is Westfield Mall of the Netherlands, developed by Unibail-Rodamco-Westfield (URW). The shopping center will be located in the Randstad area, located just 5 km from The Hague, … Continue reading

Steve Wozniak to give keynote speech at MIPIM 2020

Organised by Reed MIDEM, a subsidiary of Reed Exhibitions, MIPIM, the World’s Leading Property Market, will be held in Cannes from 10 to 13 March 2020. To build our future, leaders in real estate need to anticipate the rapidly changing … Continue reading

Maurice Gigase takes over Center Management at Multi Germany

Maurice Gigase has been the new Head of Center Management since December 2019. Gigase will continue the successful growth course of the company’s center management sector and handle management activities of all 21 assets that are currently in Multi’s portfolio. … Continue reading

centre:mk reports footfall growth bucking the national trend

As a regionally dominant shopping and leisure destination centre:mk continues to attract high spending shoppers, attracted by the convenient layout and extensive range of brands on offer such as John Lewis, Next, Primark and River Island.  centre:mk’s performance is defying … Continue reading

M7 Real Estate acquires The Mailbox, Birmingham’s premier mixed-use asset

The Mailbox, which comprises 1 million sq ft of prime real estate, is the UK’s largest mixed-use asset outside London, situated on an iconic 4.8 acre estate in the centre of Birmingham. Located a short walk from New Street Station … Continue reading

Tattersall Lorenz gains further property management instruction from Union Investment

They include the Meister Areal retail warehouse centre in Nuremberg and the Step 4 service and conference centre in Stuttgart, together with other properties in both metropolitan regions. The assets, which have a total area of 66,300 square metres, are … Continue reading

Disposal of intu Puerto Venecia

intu Puerto Venecia is located in Zaragoza, Spain and is the regional retail and leisure destination for the Aragon region with an annual footfall of 19 million. The transaction is part of intu’s stated strategy of fixing its balance sheet … Continue reading

Nina Müller appointed CEO of Jelmoli

Müller, born in 1969, is an Austrian citizen and will take up her new function within the Swiss Prime Site Group in spring 2020. Nina Müller holds a Master’s degree in International Business Administration from the Vienna University of Economics … Continue reading

2020 in Cinema: Movies at Their Best

By Christof Papousek Review: The past cinematic year has been marked by huge US blockbusters, which, in turn, have boosted global box-office earnings. There is, for all intents and purposes, one party that is primarily responsible for this success: Disney. … Continue reading

Upgrading the existing portfolio

In the spirit of the industry’s current zeitgeist, Ingka Centres already dedicated itself to creating “meeting places” some time ago. Meeting places, as interpreted by the company, are complexes where people find everything they need. This is where they can … Continue reading

E-Mobility and Retail Real Estate – A New Match Made in Heaven?

By Moritz Felix Lück The published opinion in Germany, and presumably elsewhere, appears unanimous in the belief that the end of present-day mobility concepts is near. This future scenario has guided us for years, sometimes more, sometimes less loudly posited. … Continue reading