Monthly Archives: January 2021

Leadership Duo at ATP Frankfurt: Christopher Hammerschmidt joins the top management team

Hence, this is another management duo that embodies the interdisciplinary cooperation between architects and engineers that is practiced throughout ATP. “Thanks to the company’s decentralized and professional structure, ATP is ideally positioned to grow powerfully and sustainably in the Frankfurt … Continue reading

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UK retail technology specialist CoreTech Solutions acquired by PFM Intelligence Group

The deal, which establishes the PFM Holding UK Ltd company, will create a significant player in integrated technology systems, focusing on complex consumer data insights to create business critical market intelligence that helps clients navigate the challenges of the retail and infrastructure sector.   As … Continue reading

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SPAR Poland opens two EUROSPAR Supermarkets in Bydgoszcz, Poland

The EUROSPAR Supermarket at Nakielska Street, a main road leading to the centre of Bydgoszcz, has a sales area of 955m2. The other store at Grzymała is slightly larger with a sales area of 1,242m2. Both supermarkets are operated by … Continue reading

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Nordiska Kompaniet acquires Departments & Stores business in the NK department stores

DSE currently runs about 40 fashion, cosmetics and jewellery departments at NK Stockholm and NK Gothenburg, together comprising about 25 per cent of the total number of departments in the two stores. DSE generated revenues of SEK 773 million in … Continue reading

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Supermarket Income REIT announces the acquisition of a Morrisons supermarket in Cambridgeshire, UK

The store was developed in the 1980’s and was subsequently extended and refurbished by Morrisons in 2011 to comprise 37,000 sq ft net sales area. It is being acquired with a new 26 year lease (with a tenant-only break option in year … Continue reading

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PATRIZIA makes strategic hire for sustainability and impact investing

Mr Elshout will join PATRIZIA from PGGM Investments on 1 March 2021 where he last held the position of Senior Director Real Estate EMEA responsible for pan-European investments. In addition, he was responsible for delivering high sustainability performance across the … Continue reading

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Queensberry’s landmark foodhall letting – Metquarter, Liverpool

GPO is a nod to the former use of the building as Liverpool’s head Post Office. It will be located on the Victoria Street entrance at Metquarter adjoining Everyman. It will focus on a wide variety of cuisines under one … Continue reading

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Special project in the world of soccer

When the sliding doors of the flagship store open, it becomes clear immediately for whom it was created: a laser has burned the message “For the best fans in the world” into the mat on the floor. They deserve a store … Continue reading

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Significant market growth in Belgrade

On October 30, 2020, Serbia’s hitherto biggest shopping center opened its doors in the country’s capital–the Galerija Belgrad, for which Eagle Hills is responsible. As part of Belgrade Waterfront, the scheme will become an attraction on the local market, both … Continue reading

Antoine Grolin, Chairman of Ceetrus, announced the creation of Nhood

This officializes the separation of assets between Foncière Ceetrus and Nodi on the one hand and closer ties between the Ceetrus and Nodi teams and a new company, Nhood, on the other. Their complementary teams will act on behalf of the … Continue reading

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M7 assembles £300 million UK retail warehouse portfolio

Both funds, which were launched in H2 2020, focus on carefully selected UK retail warehouses with potential for future rental and capital growth, through asset management and an anticipated re-pricing of the asset class as the logistics function of these … Continue reading

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Sponda appoints new COO and CFO

Victor Persson started as COO on the 11th January 2021. He has extensive experience in the Nordic property sector, particularly in the office and retail sectors. He joins from BlackRock, where he was responsible for the Nordic real estate business. Prior … Continue reading

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Citycon’s rent collection at 96% for the full year 2020

“We are pleased to see how stable the business has been in our centres, even throughout the pandemic. Our tenant sales for the year finished slightly ahead of last year sales. For Citycon, this stability translated into strong lease demand, … Continue reading

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Pertti Vanhanen joins Cromwell as Managing Director, Europe

As a member of the Group Leadership Team, Mr Vanhanen will be responsible for Cromwell’s European platform which manages €3.5 billion of real estate encompassing 160 assets and 2,300 tenants. The platform comprises over 210 people in 17 local offices … Continue reading

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C&A AG appoints Hein Schumacher as board member

“Hein brings a wealth of international leadership experience to the C&A Board to support the delivery of C&A’s ambitious growth plans. Hein will be a tremendous asset to our Board, bringing another outside-in view to the table, with a strong … Continue reading

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Benoy to deliver new dynamic new town centre for Orpington, UK

The scheme includes a number of key elements:  – New homes for all ages with a significant number of affordable homes – An integrated and well-connected town centre – A 0.5‑acre enlivened town square – Over two acres of enriched public realm – Substantial planting and landscaping encouraging … Continue reading

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KGAL strengthens management team with appointment of Dr. Anke Sax as COO/CTO

Dr. Sax joins CEO Gert Waltenbauer, Chief Financial Officer Dr. Thomas Schröer, and Chief Investment Officer Dr. Klaus Wolf as a member of the KGAL management team. Gert Waltenbauer, CEO of KGAL, commented: “Highly experienced, Dr. Sax brings a proven … Continue reading

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Cécile Pouzadoux announced as Redevco France’s new Portfolio Director

A graduate of the ESC Clermont Business School, Pouzadoux went on to achieve France’s higher accountancy degree, the Diplôme d’Expertise Comptable (DEC), followed by 15-years as Senior Manager for audit firm Ernst & Young, where she specialised in the real … Continue reading

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Shoppers Want Appointments

By Charles Smith Our intention, as the Covid-19 lockdown in the UK began to be eased in June last year, was to create an app to give confidence to retailers and shoppers as stores tentatively re-opened and shoppers re-emerged. The … Continue reading

Acteeum prepares another retail park in Poland – Ostróda Power Center

Ostróda Power Center will be the first and the largest shopping complex of this type in the region. It will be a facility with a total GLA area of over 25,000 m², featuring over 14,000 m² GLA of a retail park, … Continue reading

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