Author Archives: Online Editor

Positive trend continues for Citycon in July

Overall, the total footfall for week 27 was tracking at over 90% compared to 2019. Additionally, Norway outperformed last year’s footfall results with an index of 105% versus prior year. Estonia also showed a slight increase versus prior year footfall … Continue reading

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ALEJA shopping center: A World of Experience with the Skin of a Dragon

And with its rooftop leisure, sporting, and recreational zone and trendy food court the building, which is innovative in both technical and architectural terms, also gives space back to the city. A design concept under the sign of the dragon … Continue reading

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People in move

Diederik Bakker Multi Corporation Credit: Multi Corporation Multi Corporation is pleased to announce the appointment of Diederik Bakker as Director Asset Management, effective 1 July 2020. He will be responsible for Multi’s asset management activities in the Netherlands, Belgium, Germany, … Continue reading

Ceetrus strengthens board of directors and management, at global and local level

This nomination represents yet another step on the strategy of making Ceetrus a reference player in the transformation of cities around the world.  On a national level, Séverine Bodard, with 20 years of experience in management, development and transformation of real estate, … Continue reading

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Queensberry agrees landmark letting – metquarter, Liverpool

LMA, which is co-owned by singer and performer Robbie Williams, is set to invest more than £15 million into the new campus and will provide more than 100 new jobs. LMA has taken a 25 year lease in this ground … Continue reading

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Retail park opportunity through lockdown crisis

By James Gunn It is too early to comment on short-term revenue decline as we are anticipating an economic bounceback in the mid-term and the impact of Covid-19 must be viewed in the long-term. What I can confirm is that retail … Continue reading

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Hines Secures Major Debt Financing Package for Trinity Quarter Redevelopment

The debt facility which represents in excess of DKK 1 billion was secured with leading Northern European financial services group, Nordea, with Catella Corporate Finance acting on behalf of Hines.  Hines acquired the Universitets Passagen buildings on behalf of the … Continue reading

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Hammerson works with Red Ant to launch new ‘Crowd Checker’ website feature

‘Crowd Checker’ provides shoppers with live updates on how popular a centre is in real time, so that they know when to visit to beat the crowds. The feature is currently live for Brent Cross, Cabot Circus and Westquay in … Continue reading

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M&S announces proposals to accelerate the transformation of its retail management structure

At its full year results in May, M&S outlined plans to accelerate the pace and scale of the transformation plan and make three years’ progress in one. As part of this, the business committed to integrate more flexible management structures into … Continue reading

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Olena Obukhivska became Arricano’s Director of Communications

“Communications is a strategic business function that is important for our company. We have high requirements for corporate culture and act in accordance with the AIM information policy of the London Stock Exchange and compliance. In the construction and development … Continue reading

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IMMOFINANZ focuses on further expanding its “crisis-resistant” STOP SHOPs

During the corona crisis, the retail brand proved its competitive advantages. Even though STOP SHOPs were originally affected by the decreed temporary close downs, they were able to reopen quickly, and swiftly increased their visitor numbers to pre-pandemic levels. “We … Continue reading

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ECE hires Klaus-Peter Hesse

He will take over the management department “Work+Life” in the newly created position of Director City Development & Acquisition.The 52-year old started as the ZIA’s Press Officer before becoming its Managing Director and ultimately its Management Spokesman.

Groundhog Day……a.k.a.: The Shopping Center Performance Report 2020

One could almost believe it, if it weren’t for reports like the one from the German Council of Shopping Places as well as other critical voices among renowned experts from the retail and retail real estate industry. They have all … Continue reading

DI Group managing the “Brandt Quartier” property in Hagen for Nuveen Real Estate

Anchor tenants Rewe, Aldi, dm, clever fit and others will be serving customers on 9,124 sqm of retail and office space. The clever fit gym is housed in a historic building that has undergone careful restoration, located right next to the modern office building … Continue reading

Composed a reopening package

By Hannu Käki The past months have been very different for our clients. When the first wave of Covid-19 hit Europe, shopping centers were faced with an unforeseen situation. In order to protect and care for their customers, tenants, and … Continue reading

MAPIC 2020: heading for collaborative retail

“Rather than transforming the industry, the health crisis has accelerated existing trends. In November, we will focus on collaborative experiences, creating new business models, sustainability, data sharing and the move towards more generalised resource sharing. Much of the recovery in … Continue reading

Springfields Outlet reopens post lockdown with 11% average transactional spend increase

A further tranche of stores are reopening imminently, and others, including food and beverage and leisure, will open at a later date when allowed. When comparing the first full week of trading with the same period last year, those retailers … Continue reading

Gabriele Volz becomes CEO of Commerz Real

Chairman of the Supervisory Board Michael Mandel: “Gabriele Volz joins us at Commerz Real as a highly respected expert in investment and asset management. She has the ideal prerequisites for taking the transformation of Commerz Real forward successfully on our … Continue reading

Roelie van Wijk-Russchen appointed member of Altera Vastgoed NV’s supervisory board

She succeeds Mr Johan van der Ende, who after two terms will be stepping down as a member of the Supervisory Board on the same date. Mr van der Ende was an Altera Supervisory Board member for eight years. Ms … Continue reading

Christoph Holzmann to join Union Investment Real Estate GmbH as COO

In his role as Chief Operating Officer (COO), Holzmann will be in charge of developing the business processes of Union Investment’s fast-growing real estate division. His responsibilities will include in particular continuous improvement of the operational and organisational structure. He … Continue reading