2019

Xavier Denis was appointed President of AG Real Estate France SAS effective as of 1 January 2019, replacing Mrs Brigitte Gouder de Beauregard.

Work is set to begin in March on the transformation of the Angel Place entrance and façade of Crowngate Shopping Centre in Worcester, as part of a £1.5m investment to create an exciting, modern shopping environment and a rejuvenated public space.

The £72 million retail and leisure development at intu Lakeside, which opens later this year, will introduce new restaurants and leisure brands to the south east of England; boosting the local economy with hundreds of new jobs across the leisure and hospitality sectors.

Shaftesbury has announced that Asia’s largest social gaming internet café, Wanyoo Café, has officially opened its debut European eSports studio, offering gaming stations, leisure areas and co-working spaces at 77-79 Charing Cross Road

Otto Kajetan Weixler (60) is leaving the management board of the Apleona Group on July 1, 2019, and is moving to the supervisory board of the company.

Berlin shopping center gets a new office areas and will concentrate on historical function as local supply center with new tenant mix .

Shaftesbury has welcomed award-winning Sichuanese restaurant, JinLi, who have opened a second restaurant at Central Cross, named JinLi Chinatown. This is following the success of their first restaurant, which won ‘Best in England’ at the Golden Chopsticks Awards in April 2018.

Strong performance due to good location and high retail centrality – Independent investment and asset manager KGAL is further expanding its portfolio of special real estate AIF, with a high-footfall and established specialist retail centre. The Westfalen Einkaufszentrum (WEZ) is located in the north of Dortmund city centre in Germany.

Mitiska REIM’s FRI 2 fund acquires 50% holding in 2 retail parks and 2 gallerias.

2018 closed with a dynamic fourth quarter: around €3.5 billion worth investments. Annual volumes were down by about 20% compared to 2017 record year but up by 10% compared to the five year average, confirming a good level of activity, according to BNP Paribas Real Estate.

The Austrian company IMMOFINANZ has purchased the remaining 50% of Na Příkopě 14 building from the company LORDSHIP and become the sole owner.

“It has been a challenging year for H&M group and the industry but after a difficult first half, there are signs the company’s transformation efforts are beginning to take effect. Improved collections generated better full-price sales and lower markdowns towards the end of the year. This gave us confidence to accelerate our transformation plans in the fourth quarter with a particular focus on the upgrade of our logistics systems. Inevitably resulting in increased costs but will lead to a range of improvements for customers.” Karl-Johan Persson, CEO

Oasis Retail Development & Consulting enters association with Austrian-based group Supernova for the development of Prima Shopping Center Sibiu, a retail park of 40,000 sq m localized North of Sibiu, near Hornbach.