January 2019

Phase 2 of the Duty Free zone, laid out on an area of 53,000 sq m at Istanbul Airport, was opened on January 15, 2019.

Another accolade for the “Digital Mall”: On January 17, ECE’s digital innovation project received the “European Innovation Retail Award 2019 (“Europäischer Innovationspreis Handel 2019”) of the German Council of Shopping Centers (GCSC) at an award ceremony in Frankfurt am Main.

JSE-traded EPP, the pure Polish retail property fund, delivered a total return of 21% in 2018 to significantly outperform the market, making it the top performing listed property company of the year. This is a significant difference from the benchmark index (SAPY) total return of -25%.

The Supervisory Board of Wereldhave NV announces that Dirk Anbeek, CEO of the Company, will leave Wereldhave after ten years per April 1, 2019, having accepted a position elsewhere, outside the real estate sector.

Unibail-Rodamco-Westfield Germany looks back on a successful business year; the strategic focus for 2019 further on lies on optimizing the existing portfolio.

Kintyre, the Frankfurt based investor and real estate manager, has announced the appointment of Guido Beddig (50), a well-known and experienced asset and property manager, to its senior management team.

BNP Paribas Real Estate has strengthened its European presence by signing an alliance contract, regarding Advisory services (Transaction, Consulting, Valuation) and Property Management, with the Austrian real estate company EHL IMMOBILIEN GmbH, headquartered in Vienna. Founded in 1991 and managed by Michael Ehlmaier, EHL IMMOBILIEN GmbH employs 193 people, based mainly in Vienna.

SIGNA has acquired Gänsemarktpassage in Hamburg from MEAG, the asset manager of Munich Re and ERGO.

The ACROSS Advisory Board is happy to announce its latest addition and welcomes Jan Tanner as its new member.

Trei Real Estate GmbH (Trei), an international developer and property company from Germany for residential and retail real estate, has decided to enter the US housing market. As their first investment, Trei is developing a multi-family property in North Carolina.

Center operator Unibail-Rodamco-Westfield Germany and the Swedish Digital-Out-of-Home (DOOH) provider Visual Art have been working together since the beginning of January 2019.

Union Investment has renewed its management contract with Prelios Immobilien Management for the LAGO Shopping Center in the heart of Constance. The service agreement comprises centre management, property management, letting and car park operation.

Thor Equities Group, a global leader in urban real estate development, leasing and management, has announced the promotions of Toby Cooper and Luke Condon to Managing Director.

NEINVER, the leading outlet operator in Poland and Spain and a market leader in Europe, announced it has taken over the management of Silesia Outlet located in Silesia, Poland. The outlet centre currently being developed is scheduled to open this spring in the city of Gliwice. The investor of the facility is 6B47, one of the leading developers in the German speaking countries. NEINVER will be responsible for management, marketing and leasing.

As of January 1, 2019, MEC METRO-ECE Center Management will take over the complete commercial and technical management of the “StadtCenter Düren”. The contract comes from Union Investment, which has held the centre in the portfolio of its open-ended public real estate fund UniImmo: Germany since January 2017.