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October 2019

Multi Corporation announces the departure of Josip Kardun as CEO, effective November 1, 2019. Josip Kardun was appointed to the Management Board in 2017 and after two and a half years at Multi wishes to step down to pursue personal business interests.

In Western Europe, where retail park development has reached maturity, new schemes have to be innovative and compelling. In Central and Eastern Europe (CEE), the market is relatively undersupplied, providing scope for increased levels of development activity. These are the findings of a recent study conducted by Cushman & Wakefield.

PlaceWise Digital and Boostcom announced, the merger of the two companies, bringing together the world’s most comprehensive suite of digital services and solutions available to the global shopping center industry. The strategic focus for both companies has been, and will remain – uniting the physical and digital shopping experiences to the benefit of consumers and shopping centers alike.

Capital & Regional (C&R), the UK’s leading owner and manager of community retail centres, is stepping up its work on community shopping initiatives by announcing an innovative collaboration with a crèche operator in The Marlowes shopping centre in Hemel Hempstead. The partnership is with renowned Ofsted-approved childcare and creche provider Tinies Childcare – with the new facility opening later this month.

“Recent research carried out by Leisure Development Partners, in cooperation with Mapic, has shown that introducing a leisure concept into a retail space increases its footfall by up to 4 percent and the retail spend by up to 16 percent.”

Union Investment currently counts 13 retail parks in its portfolio. Henrike Waldburg, Head of Investment Management Retail, and Roman Müller, Investment Manager Retail, explain how they manage their performance.

At the beginning of October, Union Investment and ACROSS invited leading industry experts to Hamburg to discuss the present as well as the future of retail parks. The following is a brief review.

Over 2000 new customers came to the store in Minsk to celebrate, shop and be a part of the grand opening. With the opening of H&M in Minsk, H&M is now present in 73 markets globally.

A long time ago, Multi Iberia realized that its customers and partners, along with its dealings with them, had to be the company’s primary concern.