Author Archives: Online Editor

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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Kevin Nowlan Appointed as Chair of ULI Ireland

The Urban Land Institute (ULI) has announced the appointment of Kevin Nowlan, CEO of Hibernia REIT plc, as Chair of ULI Ireland. He succeeds Tom Dunne, Chairman of the Residential Tenancies Board, and officially began his two-year term on 1 … Continue reading

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Linstow Center Management changed its name to Linstow Baltic

“In the Baltic States, we have started to implement our company’s Norwegian business strategy model, which envisages diversification of business goals. This strategy has been implemented in Norway for more than 20 years, and we are convinced of its effectiveness … Continue reading

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EPP expands its Executive Management Team

Agata Sekuła has over 20 years of investment advisory experience in the retail sector and is one of the most renowned retail real estate experts in the Central Eastern European (CEE) region. With a 22-year professional career at JLL, Agata … Continue reading

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The Range shows dedication to St Helens

M7, who manage the asset, worked with St Helens Council to revise the planning for the site to enable The Range to sell food provided by Iceland.  The Range is committed to St Helens and as part of the change … Continue reading

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Westfield Mall of the Netherlands announce the signing of 20 new retailers

Nike will open an exciting new flagship of 750 SQM and is joined by other well-known fashion brands such as JD Sports, Snipes, Guess Active Wear, Cast Iron, The Old Man and Olymp & Hades. Picture People, Studio Pets, Mica Beauty and nijntje, … Continue reading

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Zara Home poised to unveil its new global image

This ambitious project, spearheaded by local architect Elsa Urquijo, will enable closer contact with the Zara Home collections. The products will take front stage, complemented at all times by digital devices to facilitate access to the brand’s online range. The … Continue reading

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New shops open at the Churchill Shopping Centre, Dudley

Pat Black’s Talk of the Town, an authentic Caribbean food business, has also opened its eighth West Midlands’ outlet at the shopping centre, agreeing a 10-year lease for unit 4.Gather coffee shop is an existing tenant but is to double … Continue reading

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The Pandemic’s Lasting Impact on Retail Real Estate

By Ulf Smedberg It is too early to tell what lasting impact Covid-19 will have on how people choose to visit and spend time at shopping centers in the future. However, despite the uncertainty, some signs and trends have emerged … Continue reading

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Greenman OPEN signs second framework agreement for €46 million

Located in strong catchment areas in East Germany, the supermarket properties are all pre-let to EDEKA on 15-year leases and are set to be delivered between 2021 and 2023. This is the second developer framework agreement that Greenman OPEN has … Continue reading

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