Yearly Archives: 2021

Balfin Retail Forum, a step forward in the retail industry

The forum was greeted by the Group CEO, Edlira Muka, “At Balfin Group, we believe digital disruption will take place faster than expected, that’s why we thought it was time to organize this forum, to exchange ideas, experiences and achievements. … Continue reading

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A Look at Moscow

By Grigory Pecherskiy For a while, the situation was quite challenging for us, and traffic still has not returned to pre-pandemic numbers, but market players are launching new tools to attract audiences. For example, we have opened rooftop terraces at our … Continue reading

FREY expands its footprint in South-eastern France with the acquisition of the Carré Sud open-air shopping centre in Nîmes

On this occasion, Antoine FREY, Chairman and CEO, said: “Located 40 km from the Shopping Promenade in Arles, Carré Sud strengthens our presence in south-east France. Located in Nîmes’ leading shopping area, Carré Sud is an outperforming asset that offers … Continue reading

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Ikea Westbahnhof Vienna: It will be August 26, 2021

The green vision Ikea Wien Westbahnhof emerged over a project period of ten years from an initially small idea. “We have come a long way towards a city store that is second to none. We are daring this experiment because … Continue reading

Change in the YIT Management Team

Tuomas Mäkipeska is currently working as the Senior Vice President of Facility Services division at Lassila & Tikanoja Plc. Prior to his current position, he worked as the Group CFO, as well as Interim CEO of Lassila & Tikanoja Plc. … Continue reading

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M7 signs 1,000 sq m letting with fashion brand, Sinsay, at the Csillag Center in Budapest, Hungary

Sinsay, which is part of LPP Group, has agreed to let the space, which represents 12% of the total floor area, on a five year lease. Having completed an extensive refurbishment programme over the past three years, completely remodelling the … Continue reading

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New Centre Manager Appointment at CBRE Global Investors’ Angel Central

Adam has over 18 years’ experience in standalone, multi-site, and area manager roles and joins the team from Selfridges London where he managed a £56m retail business within the iconic department store. His vast retail experience includes previously managing stores … Continue reading

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Breuninger expands its presence to Hamburg

“As a gateway to the world, Hamburg has been at the top of our wish list for some time now. Hamburg is a modern, cosmopolitan and dynamic city of commerce. As a merchant, you are bound to be drawn to … Continue reading

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New Faces at Nepi Rockcastle

George Aase is an experienced CFO and non-executive in publicly traded real estate firms, technology companies and Fortune 100 U.S. multinational industrial firms. He is a highly strategic and business-oriented senior finance executive with extensive experience in leadership roles. Aase’s … Continue reading

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Scholz & Friends NeuMarkt wins pitch for Designer Outlets Wolfsburg and starts with brand relaunch and summer campaign

Several remodeling measures in the center, new stores, and restaurants ensure an exciting stay that highlight the new positioning. Center Manager Michael Ernst comments: “This process that we are implementing in the center should also be reflected in our appearance and communication. After almost 15 … Continue reading

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CBRE appointed Jakub Štěpán the new Head of Valuation for the Central and Eastern Europe region

In his new role, Jakub will mainly focus on business development activities, building and maintaining client relationships, the coordination of CEE Valuation teams and he will be also responsible for overseeing international valuation transactions throughout the entire region. In addition to … Continue reading

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News from Designer Outlet Hautmont

On June 30, 2021, an important step in the development of Designer Outlet Hautmont was taken. Jean-Michel Pacaud, Chairman of JMP Expansion SA and Stephane Wilmotte, Mayor of Hautmont, laid the foundation stone for the project, which is set to … Continue reading

Greenman OPEN partners with MünchenerHyp on €17 million refinancing

The Hansa-Centre is located in the Berlin district of Hohenschönhausen and is a large hybrid centre anchored by EDEKA, Germany’s largest food retailer. The centre was acquired directly from EDEKA in 2016. Neil Hennessy, Head of Debt Capital Markets for … Continue reading

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VIA Outlets appoints Jaap Tonckens as an Advisor to the Board

Jaap brings over 25 years’ worth of global experience from the real estate and finance industries, having most recently spent 11 years at Unibail-Rodamco-Westfield, of which more than eight years as Group Chief Financial Officer, where he was also a … Continue reading

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x+bricks secures EUR 1 billion of grocery-anchored real estate portfolio

“This unique opportunity highlights our growth ambition in the market, underlines our position as one of the leading platforms for grocery-anchored real estate in Germany as well as one of the major consolidators in our sector,” says Sascha Wilhelm, CEO … Continue reading

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Xscape Yorkshire signs F&B trio

These new signings demonstrate the continued draw of the destination, for brands and customers alike, building on the existing offer and delivering exciting new dining choices for visitors to Xscape Yorkshire and the adjacent Junction 32 Outlet. Premium burger brand, … Continue reading

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Union Investment and Edeka extend lease ahead of expiry in Berlin’s ALEXA shopping centre

Union Investment has extended the lease with Edeka in Berlin’s ALEXA shopping centre for a further 10 years. Although the original contract was not due to expire until the end of May 2022, the food retailer took an early decision … Continue reading

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ESTAMA UK grows its team with new Head of Asset and Property Management

With over 30 years’ experience working in the commercial property sector, Nick joins from intu where he headed the Partnerships, Food & Beverage and Leisure across 16 intu centres. As the key customer contact, Nick was responsible for enhancing the … Continue reading

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New shopping center Nikolsky opened in Kharkiv (Ukraine)

The center also includes a food court with 7 restaurants and 450 seats. Among its anchors are Silpo, the Ukrainian market leader in the supermarket sector, with interiors designed in dieselpunk style, as well as H&M with its first store … Continue reading

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Ardent completes Touchwood acquisition and names new Asset Management and Leasing team

With the decisive appointment of a new team, Ardent commences plans to enhance the established offering at Touchwood, encompassing 650,000 sq ft of high-quality retail, restaurant, and leisure space, through a new asset management initiative it is calling ‘Project Atlanta’.  … Continue reading

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