Monthly Archives: October 2021

People on the Move

Søren Rodian Olsen The Urban Land Institute (ULI) Credit: The Urban Land Institute (ULI) The Urban Land Institute (ULI) has announced the appointment of Søren Rodian Olsen, managing director of Logicenters at NREP as chair of ULI Poland. He succeeds … Continue reading

Søren Rodian Olsen Appointed as Chair of ULI Poland

Søren Rodian Olsen’s appointment was announced during the National Council’s Annual Conference today. Dorota Wysokińska-Kuzdra, outgoing chair of ULI Poland, said: “I am delighted to welcome Søren as my successor and we can expect a very bright future for ULI Poland … Continue reading

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NEPI Rockcastle launches loyalty mobile app SPOT in Romania

The application allows customers to use the benefits accumulated in any of the  15 shopping centers* in Romania–depending on their shopping preferences.  The new application is unique in the Romanian retail market but also in Europe and aims to offer … Continue reading

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A Paris-Proof retail property sector /// October 28 /// Webinar

October 28 | 10-11:30 GMT+2: Led by BPIE (Buildings Performance Institute Europe), 14 property developers from the retail real estate sector have developed a common vision to accelerate decarbonization of Europe’s retail buildings. The vision includes clearly defined targets with tailored … Continue reading

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Evolve Estates acquires main retail center in Halifax

Evolve, which has invested £120 million this year in its retail portfolio, has added the Woolshops, a shopping center in the West Yorkshire town that is anchored by Marks & Spencer, for an undisclosed sum, following a five-way competitive bid. … Continue reading

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White Night festival breathes contemporary artistic life into Bratislava and Eurovea

It is one of the most beautiful autumn events in Bratislava, where you can experience an untraditional artistic walk through the night city, full of experiences and new perceptions. White Night is a prestigious international art project aimed at bringing not only contemporary art … Continue reading

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Redos Group expands portfolio with purchase of local shopping center in Ebermannstadt

The new building project at “Oberes Tor 8” is a key driver of retail in Ebermannstadt as it will house both REWE and ALDI. Moreover, the scheme will feature an extensive green space across the entire area, giving the shopping … Continue reading

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Projects & Openings Europe

HUNGARY Etele Plaza Etele Plaza opened its doors to the public on 17 September 2021. Developer Futureal has invested approximately 300 million euros in the shopping and entertainment center, which functions as a transport hub. Built at the intersection of … Continue reading

An Overview of the Serbian Capital

ACROSS: What projects have been completed during the pandemic? JOVANA CVETKOVIĆ: Let us begin with the most challenging and interesting retail project that we have completed during the coronavirus period: the BEO shopping center. MPC bought the site of a ruined … Continue reading

Young Fashion label Bershka joins Glacis-Galerie in Neu-Ulm

Numerous gastronomy operators already opened in the Glacis-Galerie center, such as Venti Bar and the Argentinian restaurant Rincon Argentino. The internationally known young fashion label Bershka, which belongs to the Inditex Group, now follows and will occupy an area of … Continue reading

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Stefan Süschetz succeeds Manfred Stagl on the Management Board of Union Investment Real Estate

As Chief Risk Officer and Chief Operating Officer, he will be responsible for the strategic and operational management of the real estate fund company, which is based in Vienna. In his position, Süschetz will be responsible for Risk Management and … Continue reading

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Multi Corporation awarded management mandates for 7 shopping centers in the Netherlands

The seven shopping centers, with a total GLA of 80,000 sq m, are part of the Spark-portfolio which was recently acquired by HMC on behalf of the Harbert European Real Estate Fund V as part of its mixed-use portfolio. The assets … Continue reading

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Largest mall at the North Caucasus opened its doors

Grozny Mall will be connected via a pedestrian bridge-gallery to the 435-meter Akhmat Tower high-rise scheme which will house offices, a five-star hotel managed by The Address Hotels & Resorts (UAE), apartments and residences, a spa facility, gym, skyline restaurant, … Continue reading

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Macy’s, Inc. Appoints Ashley Buchanan and Tracey Zhen to Board of Directors

As CEO of Michaels since early 2020, Buchanan has led the company through a significant transformation, including a reimagined omnichannel experience and strengthened store business that resulted in record growth, financial and operational performance. He previously served in various roles … Continue reading

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Landsec progresses strategy with retail park divestments

The two disposals, Derwent Howe Retail Park, a 11,148 sq m site located in Workington, Cumbria, and Blackpool Retail Park, were sold for £53.4 million. Landsec sold Derwent Howe Retail Park, Workington to Supermarket Income REIT, whilst the sale of … Continue reading

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Designer Outlets Wolfsburg new fashion partner of German sports club VfL

Designer Outlets Wolfsburg has been a partner of the Bundesliga soccer team for many years and is now intensifying its cooperation as an outfitter. This season, they have chosen a collection from the Van Laack brand. Additional label presence is … Continue reading

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Globetrotter rents 1,500 sq m of retail space in Düsseldorf’s city center 

The company is one of the largest retailers of outdoor articles in Europe and operates 21 stores in Germany alone. The property has around 2,500 sq m of gross floor space and is owned by a private investor group. The … Continue reading

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How operators of commercial buildings can communicate with AI

By Dr. Ahmet Köse, CIO at R8 Technologies Commercial buildings are remarkable energy consumers. HVAC (heating, ventilation, air conditioning) energy consumption accounts for 40% of a commercial building’s total energy use. HVAC operators usually communicate with the HVAC equipment through … Continue reading

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Nicole Maarsen Appointed as Chair of ULI Netherlands

As chair of ULI Netherlands, Nicole Maarsen will prioritise research and knowledge-sharing relating to pressing issues such as rising inequality, housing affordability, and climate change – bringing to light ways in which the real estate industry can have a positive … Continue reading

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Bründl opens sustainable sports store in the Alps

The waters of the Kapruner Ache rush past behind the building, and the Kitzsteinhorn and Schmittenhöhe peaks are just close by. Everything is in harmony with nature, and sustainability is anchored at the very heart of the DNA of the … Continue reading

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