Monthly Archives: February 2021

Projects & Openings Europe

GERMANY Cano On December 12, 2020, ECE opened Cano, which it developed and constructed, in the southern German town of Singen following a construction period of around two and a half years. The shopping center offers a sales area of … Continue reading

Projects & Openings International

Sanya CDF Mall II | CHINA The recently completed Sanya CDF Mall II was named “Best Retail Development” at the 2020 Mipim Asia Awards. The winners were selected from over 110 entries from 10 APAC countries by a jury of … Continue reading

Irgen Retail Management Selects Coniq to Boost Footfall and Sales

Coniq announced that Irgen Retail Management, a developer of shopping centres, retail parks and outlets in Italy, has selected its innovative Geo-Loyalty solution, IQ Connect, to help increase turnover by 10% this year at Cilento Outlet. Irgen Retail Management will deploy IQ … Continue reading

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Mission renovation accomplished

Redevco finished the large-scale renovation of Parque Corredor near Madrid in December 2020. The construction works, which started a year before, have been completed ahead of schedule despite the extensive measures issued by the Spanish government in response to Covid-19. … Continue reading

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Citycon divests three shopping centres in Sweden

The gross purchase price for the assets is 1,483 million Swedish krona (147 million euros) and exceeds the assets appraised value. The shopping centres to be divested, Tumba, Högdalen, Fruängen, are located in the Stockholm area and the transaction is … Continue reading

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MEC’s leasing business reaches record level

This was 20 percent more than in the previous year. The majority of the new leases came from the local supply and gastronomy sectors. Within the total number of lease extensions, all sectors are represented. Christian Thiele, Head of Leasing … Continue reading

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Martes Sport in the MultiBox Retail Park in Szamotuły, Poland

MultiBox in Szamotuły will be the largest retail project in the city and the region. It is being built at ul. Dworcowa, in a place with high pedestrian and car traffic, on one of the main streets in the city, … Continue reading

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Corestate sets up open-end special AIF “Stadtquartiere I”, the first of its kind in Germany for institutional investors

Corestate, an independent real estate investment manager in Europe, has set up Stadtquartiere I, a new open-end special AIF. This fund is the first of its kind in Germany for institutional investors and thus a pioneer in the promising city … Continue reading

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HMSHost International is recognised as a Top Employer 2021 in The Netherlands

The 2021 Top Employers have been announced and HMSHost has been recognised as a Top Employer in The Netherlands. Being certified as a Top Employer showcases a company’s dedication to a better world of work for their people as demonstrated … Continue reading

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“There is no Playbook for this Situation”

ACROSS: How has HMSHost International’s business in Europe been affected by the Covid-19 crisis? WALTER SEIB: The degree to which coronavirus has impacted our industry, and our world, is simply unprecedented. Nearly every person has felt the impact, people have lost … Continue reading

New leadership for Mace’s Develop business

The new appointments reflect an investment in Mace’s development capabilities as it refreshes its business strategy to focus on town centre regeneration, estate rationalisation and partnerships, whilst adopting ambitious new net zero carbon development targets. Kevin has worked for Mace … Continue reading

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Vastned: Reinier Walta nominated as new CEO

The focus will be on retail properties that attract different types of tenants and where there is potential to create apartments or offices above the shops. Where possible, Vastned aims to create clusters of properties in the various cities. That … Continue reading

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The Korean retailer Mumuso opens a new mono-brand store in Parklake Shopping Center

MUMUSO is a brand founded in Korea in 2014, present in Romania through mono-brand stores located in Militari Shopping Center, DN 1 Value Center and Dâmbovița Mall. The Parklake store will open in February 2021 and will have 150 square … Continue reading

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Castellana Properties expands the commercial offer of Los Arcos and Bahía Sur with Espaço Casa in Spain

Castellana Properties has signed with the Portuguese retail company Espaço Casa the opening of two new shops, one in Los Arcos shopping centre (Seville) and the other one in Bahía Sur (Cádiz), which are scheduled to open in March and … Continue reading

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Quintain adds to retail and leisure team as it reinforces its vision for Wembley Park

The award-winning developer has tasked CF Commercial and existing agent Nash Bond with helping to attract further innovative concepts to join its growing collection of independent and big-name brands. During the pandemic, the emphasis on community-living has soared as people were … Continue reading

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Future Retail at Outletcity Metzingen

At Europe’s largest designer outlet*, Outletcity Metzingen, which is located in the city of Metzingen in the German state of Baden-Württemberg, digitalization is successfully making headway. In 2012, the location launched its own online store and was engaged in pioneering … Continue reading

Evolve Estates acquires historic Sheffield shopping mall and office estate in England

The estate was originally used as a War Office in 1848 and was repurposed 40 years ago as a retail and business destination, with multi-storey car park, local shopping parade, offices, The Garrison Hotel and McDonalds, both of which have … Continue reading

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Capital & Regional appoints new General Manager at The Mall Walthamstow, London

Liz started her new position in January 2021, bringing extensive retail experience developed over a 15-year career in results-driven retail management and commercial strategy.  Liz joins The Mall Walthamstow from her previous role as Commercial Manager at LLAOL, the company which … Continue reading

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Grosvenor Appoints Director of Climate Positive Solutions

Previously Andy was Senior Sustainability Manager, Canary Wharf Contractors where he achieved board approval for progressive science-based targets and led on their signing of the BBP Climate Change Commitment.  Before this he held a range of sustainability roles at Sir … Continue reading

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How the January lockdown affected lease conditions in Ukraine

NAI Ukraine reports that during the January 2021 lockdown the agreements were similar to the ones in spring. Mall tenants with completely closed stores had to pay for operating costs, as well as marketing in some facilities (5-10 USD/sq m … Continue reading

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