March 2020

JSE listed EPP released results for the year ended 31 December 2019, with distributable income earnings up by 9.6% and distributions of EUR 11.62 cents per share. EPP’s net property income for the year is up by 3.8% to EUR 148 m, with distributable income of EUR 105.5 m.

ROS Retail Outlet Shopping has been appointed as the management company. The opening is planned for Autumn 2021.

Ada Walentek was appointed to a position of general manager for Ceetrus Poland. With this appointment she has taken charge of company’s strategy, management and development on Polish market.

It almost reminds one of the 1993 film “Groundhog Day”. The only difference is that Dr. Will, together with his management consultancy Ecostra, has only employed the recurring, annual use of mathematical calculations since 2011, with the purpose of creating a body of evidence, based on statistical methods, that would allow for a ranking of the best shopping centers in Germany to be drawn up.

Hammerson has announced the next stage of the transformation of Grand Central’s New Street Mall, with the commencement of the second phase of a £2m investment to upgrade the key link to New Street and Stephenson Place.

Gebr. Heinemann is increasing its presence in the Ukrainian capital; the Hamburg based global Travel Retailer, in cooperation with their Ukrainan partner BF Group, have just opened a new 191 square metre shop behind the passpoprt control in the re-opened Terminal F building at Boryspil International Airport. The contract period is five years.

LAND OF FASHION is the umbrella brand of the Italian outlet villages, Franciacorta, Valdichiana, Puglia, Mantova and Palmanova.

Redevco, one of the largest privately-owned real estate investment managers in Europe, has acquired a 38,000 sq m mixed-use property comprising a convenience retail floor and more than 280 residential units in Düsseldorf.

Sven Schneeweiß moves up into a leading position.

Erik Florman is to become the new Head of Sustainability at Kungsleden. He was most recently employed as group manager for sustainable business development at Skanska.

American Christmas, an MK Illumination company, is delighted to announced that 2018 Saks Fifth Avenue “Theatre of Dreams” has been awarded the Live Design “Excellence in Installation” Award for Temporary Lighting Installation.

The 66,000m² GLA retail and leisure centre, located in A Coruña, Spain, will host 7,000m² of sports activities, leisure and family entertainment, served by 2,600 parking spaces.

During the 2020 BREEAM Awards in London, real estate investor Altera Vastgoed was honored with the GRESB/BREEAM ‘Responsible Investment’ award for its Retail portfolio.

FY19 was a year of acceleration for investments made by Ingka Group, a strategic partner in the IKEA franchise system, operating 374 IKEA stores in 30 countries.

ECE is acquiring a portfolio with more than 2,000 units.

Sierra Prime is a €1.8Bn strategic joint venture invested in prime Iberian shopping centres.

Trei Real Estate GmbH, a developer and asset holder for residential and retail real estate, just opened the 16th retail park of its Vendo Park format in Poland. The retail park is located in the town of Jawor in the Lower Silesian Voivodeship.

Capital & Regional (C&R), the UK’s leading owner and manager of community retail centres, announces the opening of the UK’s largest gym operator, PureGym, at the Marlowes Shopping Centre in Hemel Hempstead.

Redevco, one of the largest privately-ownedreal estate investment managers in Europe, has once again leased out all the stores on its retail park Shopping Pajot in Sint-Pieters-Leeuw, Belgium.