Author Archives: Online Editor

The new European Council of Shopping Places: Creating a European voice for Europe’s retail property sector

By Joost Koomen The retail sector would normally gear up for the traditionally busy Christmas period, but the Covid pandemic continues to wreak unpredictable havoc around Europe and the world. The latest round of lockdowns and their inconsistent impact on … Continue reading

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How important is Christmas in times like these?

By Frank Pöstges-Pragal Well, in my family anyway, very much. My four children have been talking about Christmas for weeks, what they want, how we decorate the tree and much more. They feel an incredible anticipation–even in times like these. … Continue reading

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People in move

Carsten Demmler Warburg-HIH Invest Credit: Warburg-HIH Invest Warburg-HIH Invest reinforces management board by recruiting Carsten Demmler. Warburg-HIH Invest Real Estate (“Warburg-HIH Invest”) will expand its Management Board in line with its growth trajectory. Carsten Demmler (45) was appointed to the … Continue reading

SIGNA joins united nations global compact

SIGNA is committed to the guiding principle of sustainable development. As it is, the company already lives by the values of economic success, climate protection, integrity and social responsibility. In order to underscore its claim, SIGNA has now joined the … Continue reading

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Denis Sokolov appointed as Chair of ULI Russia

Denis’ two-year term, which is served on a voluntary basis, officially began on 1 October 2020. ULI is the world’s oldest and largest network of cross-disciplinary real estate experts, with more than 45,000 members globally. As Chair of ULI Russia, … Continue reading

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Tbilisi Outlet Village development officially launched – the first outlet at the crossroads of Europe & Asia

Construction is scheduled to start before the end of the year with an opening of Phase 1 – making up 12,500 square metres and 70 units – planned to open in spring 2022. Tbilisi, dubbed the fashion capital of Eastern … Continue reading

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Supernova Celebrates in the Slovenian Capital

On July 20, 2020, the retail real estate sector in the Slovenian capital had reason to celebrate: Aleja shopping center in Ljubljana-Šiška was opened. On September 9, the Supernova Group celebrated the laying of the foundation stone in front of … Continue reading

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Multi-managed polish shopping centres awarded safety certificate and ready to reopen

The shopping centres that have received sanitary safety certificates are: Forum Gdańsk, Magnolia Park in Wrocław, 3 Stawy in Katowice, Galeria Pestka in Poznań, Sarni Stok in Bielsko-Biała and Ferio Konin. Special SafeGuard badges have already appeared at the entrances … Continue reading

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NEINVER and Nuveen Real Estate open Amsterdam The Style Outlets, their first outlet centre in the Netherlands

NEINVER and Nuveen Real Estate have strengthened their European footprint with the opening of Amsterdam The Style Outlets, the first outlet centre in the Greater Area of Amsterdam.  This €110 million development will create around 600 direct jobs and is … Continue reading

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Westfield Mall of the Netherlands announces opening date March 18, 2021 and is 85% pre-let

Outdoor giant Bever is taking a major location in the Mall and set to be a key attraction. In addition, internationally renowned fashion brands Joe Merino, MSCH Copenhagen, YAYA, Mango and Guess complement Dutch brands Schmidt Optiek, Guts & Gusto, … Continue reading

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A new CEO for MPC Properties

Prior to joining MPC Properties, Maxence Liagre’s experience includes co-founding and co-managing the Bosphorus Real Estate Fund together with Merrill Lynch, working for the American shopping centers leader company Simon Properties for ten years and starting Reval – his own … Continue reading

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Resignation of Kasper Deforche as CEO of Wereldhave Belgium

Nevertheless, Kasper Deforche will remain available for the Company in the coming months to ensure a smooth transition. In the meantime, a process has also been initiated to determine his succession. The Company will communicate about this in due time. … Continue reading

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NEINVER achieves a 5 Star Rating in the 2020 GRESB Benchmark and confirms strong ESG focus

NEINVER has achieved a GRESB 5 Star Rating in the 2020 Global Real Estate Sustainability Benchmark, the main global environmental, social and governance (ESG) benchmark for real estate investments across the world. By receiving the highest rating, NEINVER’s ESG performance is positioned … Continue reading

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Deutsche Konsum REIT-AG equips its locations with electric charging points

Over the next two years, up to 500 public charging points will be created at the well-frequented retail locations, which will increase the attractiveness of the commercial properties for tenants and their customers. Customers can then recharge their electric vehicle … Continue reading

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Change in leadership at Pasing Arcaden

The center’s social embedding in Pasing and the strengthening of this location will be further intensified. 33-year-old Rolf Wernicke has already been working for Pasing Arcaden’s owner and operator Unibail-Rodamco-Westfield since early 2018. Over the past two years he was … Continue reading

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Klépierre: Appointment of Beñat Ortega to the Executive Board

Beñat Ortega joined Klépierre in November 2012 as Deputy COO before being promoted to COO in November 2016. Earlier in his career, he held various positions over nine years with the Unibail-Rodamco group, including in the investment and asset management … Continue reading

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New online consulting service for the retail sector

When business is not developing as well as one would like it to, retailers can now rely upon quick and unbureaucratic support in the form of a new online consulting service. The Point of Sale Doctor (POS Doctor) analyzes existing … Continue reading

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Pradera acquires spanish grocery portfolio on behalf of new german pension fund client

The portfolio of assets is located in the Basque Country and Navarra and consists of six  individual hypermarkets totalling 56,158 sq m let on long leases to the Eroski Group acquired at a price close to €130m. Pradera advised on … Continue reading

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Linstow Center Management will diversify its business strategy in Latvia

“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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Klépierre appoints Cécile Presta Chief Human Resources Officer and Magali Fernandes Chief Legal Officer

Cécile Presta has extensive experience in human resources. After exploring all facets of the profession in the fields of consulting and industry, she joined Coca-Cola European Partners, where she held several positions over six years, including Head of Talent Management … Continue reading

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