October 2017

IKEA Centres’ global Expansion Director, Jan Kristensson, and global Leasing Director, Carsten Heidtmann, share the importance of the company’s journey from a traditional property-driven approach to creating places where people and the planet lead our interaction with customers, tenants and communities, where retail is one of many components.

Multi Netherlands has started work on the major city-center project, Bracknell’s regenerated town center has recently opened for business, Atrium Poland Real Estate Management is extending another of its Warsaw facilities, Pro Kapital Grupp is continuing its work on bringing the T1 Mall in Tallinn to fruition, The Dorotheen Quartier (DOQU) in Stuttgart, Germany opened its doors on May 30, Delta Real Estate has finalized its acquisition of a shopping mall in Varna, Bulgaria, City Center Amstetten (CCA) in Lower Austria recently celebrated its opening, and GTC’s Galeria Północna in Białołęka in Warsaw officially opened on September 14.

The winners of this year’s “Real Estate Marketing Award 2017” were again honored at the international real estate fair Expo Real in Munich. The winners in the “retail” category are Union Investment Real Estate/Sonae Sierra/21Media for their “First Store by Alexa,” a new competition concept for innovative store ideas.

According a Colliers-report the increasing competition in this market segment will force numerous objects to undergo qualitative changes in order to survive.

“Berlin is poor, but sexy.” That’s how Klaus Wowereit, then-mayor of Berlin, characterized the German federal capital in 2003. This mainly referred to the city’s massive debt, which then amounted to around €50 billion.

STOP SHOPS for retail parks, VIVO! for shopping centers. With these two concepts, IMMOFINANZ ensures a high level of positive name recognition among clients and retailers, reported Gerald Grüll, Head of Asset Management Retail Europe.

The extension of Eurovea in Bratislava continues in smooth interconnection with the historical city center. It will expand its existing structure in line with its surroundings, thus supporting the development of the Slovak capital as a modern European city on the River Danube.

The company has taken ownership of 7 centers, which until now it had under management. Master Management Group’s current portfolio consists of 9 formats and the total retail space the company manages equals 100,000 sq m. Rebranding of the centers is currently underway.

Lend Lease Retail Partnership (LLRP), a fund managed by Lendlease, has today announced Nespresso, the market leader in premium portioned coffee, will be opening a new boutique store at Touchwood – the West Midlands top retail destination.

An accessible centre where the whole family can shop and spend time – this is the new Kaufpark Eiche. Around one and a half years after extensive construction work began, the shopping centre in Ahrensfelde near Berlin was ceremonially reopened on September 28, 2017.