In accordance with the terms of the SPA, Hammerson served notice to complete on Orion specifying that completion must occur by no later than 6 May 2020. Following close of business on 5 May 2020, Orion notified Hammerson that it had resolved not to complete on the 6 May 2020. Hammerson will now terminate the SPA and access the £21 million deposit which has been held in escrow by its solicitors.
Retail property owners and managers across Europe are removing friction from the process of collecting tenants’ turnover data by using Chainels, the tenant experience app.
The annual awards program recognizes innovation in the global real estate technology industry. The company wins the awards for second year in a row with Tenant Connect.
Bafood, a Ukrainian delivery-first restaurant concept, has joined the list of tenants of the FOCUS building in Warsaw. JLL Poland, a leader in the country’s real estate consulting sector, assisted in the leasing side in the transaction.
British menswear brand, Charles Tyrwhitt, has officially unveiled the first of its new store design at centre:mk, one of the top 10 retail destinations in the UK.
Icon Outlet at The O2, developed by AEG and Crosstree Real Estate Partners, has announced the opening of Superdry, the premium apparel brand. The opening coincides with a record-breaking summer trading period across The O2’s Entertainment District and Icon Outlet.
VIA Outlets, the industry-leading owner-operator in redefining the outlet shopping experience across 11 premium outlets in Europe, announces the appointment of Thierry Seang as Investment Director.
