June 2020

FitForCommerce, a specialized omnichannel and digital consultancy, announces the appointment of Rupert Wood to the FitForCommerce Malls & Meeting Places practice as an Executive Advisor.

Chapman Taylor is creating the masterplan for an innovative new urban district adjacent to King Abdulaziz International Airport in the Saudi city of Jeddah.

IPH Handelsimmobilien, one of Germany’s leading independent managers for retail properties, has developed a new retail handling guide meant to provide a transparent and systematic evaluation tool for retail asset managers, investors and financing banks.

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

The 57-year old will be responsible for Spar European Shopping Centers, properties, Hervis as well as business process management

Chapman Taylor’s transformative urban regeneration design for Coventry city centre will be presented to the public for consultation this week.

EPP’s general meeting of shareholders has today approved the appointment of Tomasz Trzósło to the position of CEO of the largest owner of retail real estate in Poland. The company’s Board of Directors announced it will nominate Tomasz Trzósło to this post in December 2019.

Greenman OPEN, the German food-retail focused real estate fund, has entered into a €95.5 million framework agreement with Schoofs Immobilien Frankfurt, a leading German developer. Among the items agreed, the framework provides the fund the right to acquire three new food anchored retail assets in Germany.

The Seidensticker Group uses its existing production capacities at its three production facilities in Vietnam and Indonesia, and switched parts of their manufacturing capacities to mask production right from the beginning of the Covid-19 crisis. From now on, there is a second option to buy Seidensticker’s oronasal masks:

Merlin Entertainments has confirmed that, following the latest uk government announcement, it will be reopening all its major theme parks, attractions and accommodation across England from the 4th july for day visits and short breaks.

redos institutional GmbH has acquired a specialist store in Kirchberg (Rhineland-Palatinate) for the fund “redos Einzelhandel Deutschland II” managed by Union Investment, which is let to a food retailer. The seller is Aspen Group. Catella Property acted as advisor to the buyer in the transaction.

CORESTATE Capital Investors (Europe) joins as new owner of the MEC-Centers Einkaufspark Duckwitz (Bremen) and Nordsee Passage Wilhelmshaven.

An active commercialization process of Galeria Wiślanka, which is being built in Żory, is underway. Lease agreements were signed by subsequent tenants: Ice Cream Parlor Lodomania and Gatta.

Capital & Regional has developed and launched a new technology partnership with Sensormatic Solutions, a retail solutions portfolio of Johnson Controls, for its ShopperTrak solution to monitor and help control individual centre occupancy levels in real time – a priority for all retail landlords as government lockdown measures are gradually eased.

URW successfully priced a €750 Mn senior bond offering with a 12-year maturity and a 2.0% fixed coupon. The offering attracted strong demand with the order book exceeding €1.6 Bn.

On June 8, 2020 Outlet Village Pulkovo’s stores welcomed the first visitors after the reopening. Shopping galleries are open again as usual: daily from 10:00 to 21:00. After the limitations were lifted, the outlet village’s footfall surprisingly exceeds last year’s figures.

Traffic and vacancy rates are the main indicators of success and attractiveness of shopping malls in Ukraine, which transparently demonstrate the dynamics of growth and effectiveness of cooperation with the main target audiences: tenants and buyers.