August 2020

Pent-up consumer demand was released in June as the UK lockdown was eased. Slow and steady improvements in retail sales and footfall figures show that UK retail is on the long road to recovery, according to the latest UK Retail Market report from global real estate advisor, CBRE.

She joins from the RISE research institute, where she served as an expert on sustainability issues in the textile industry.

The conference program will be produced simultaneously in Berlin, Hamburg, and Düsseldorf before it will be merged centrally in order to ensure that all participants may experience all panel discussions and keynotes from all locations.

British Land has chosen leading global proptech firm, Equiem as its partner to deliver a digital tenant engagement app across its mixed-use, London campuses.

M7 Real Estate, the pan-European investor and asset manager, announces the off-market sale, on behalf of M7 ISLAY, of a portfolio of 27 retail properties in Germany, to the FIM Unternehmensgruppe for €86.4 million.

Trei Real Estate GmbH just took out a long-term loan in a volume of 51 million euros through its Polish subsidiary, Trei Real Estate Poland, from pbb Deutsche Pfandbriefbank, a German specialist lender for commercial real estate finance.

URW refers to recent market rumours in relation to a potential rights issue.

Lidl is set to open 30 new stores in London by end of 2023, creating around 1,400 jobs.

The number of visitors to Germany’s retail locations in city centers, shopping centers and retail parks declined dramatically as COVID-19 took hold around the end of February. But Germany’s retail scene has been recovering since the end of the lockdown, although retail locations in mid-sized and especially smaller metropolises have fared significantly better than those in larger metropolitan areas. This is apparent in visitation frequency numbers, which GfK has been compiling since the beginning of this year.

This year’s EXPO REAL in Munich is taking place as a hybrid event from October 14 to 15, 2020.

Katrin Gögele-Celeda has been appointed Country Manager Operations for Austria as of August 2020. In her new role, she will oversee IMMOFINANZ‘s local operating business.

BIKE-DROP – a new pop-up concept, offering convenient, safe and secure bike parking – is opening its first location in London’s West End, after signing a trial deal for 6 months with The Crown Estate for two separate units.

How to shape the future!

Real estate investment manager ECE Real Estate Partners has set up a new preferred equity fund backed by a portfolio of three German neighbourhood shopping centres with a market value in excess of EUR 500 million.

CECONOMY AG and the MediaMarktSaturn Retail Group are pushing ahead with the transformation of the Group. Both companies have made significant operational progress in recent years in digitization, the expansion of the Services & Solutions business and in improving cost efficiency, amongst others.

As per December 2020, Jessica Janssen from Lucerne will assume the function of Head
of Center Management of the Mall of Switzerland in Ebikon.

Sloane Stanley announces The Sustainable Pop-Up, has launched at 320 King’s Road, within Chelsea’s iconic shopping destination; whilst sustainable clothing and lifestyle brand, Vilshenko, have upsized to a 1,298 sq ft unit at 336 King’s Road.

Sports company PUMA has appointed Ben Hughes as General Manager for the United Kingdom, Ireland and Benelux (UKIB) with immediate effect. In this role, Ben takes over from Paul Spencer, who has assumed the position as PUMA’s Regional Sales Director Europe.

Further 50% of retail space in Limbecker Platz shopping centre already let until at least 2025.

Hammerson has announced that Haidilao, China’s largest hot pot restaurant chain, has selected Bullring for its first site in the UK outside of London. The 8,073sq ft restaurant will join Brown’s and Wagamama in St Martin’s Square, and is set to launch in early 2021.

Wereldhave has taken notice of FNG fashion group brands (Didi, Expresso, Miss Etam) filing for bankruptcy following the bankruptcy of parent company FNG Group in Belgium.

Markus Gratz has taken on his new role as Center Manager of McArthurGlen Designer Outlet Salzburg on March 1, 2020.

New urban district development scheduled for 2022 completion – KGAL Investment Management GmbH & Co. KG has acquired the Perlach Plaza development in Munich for 250 million euros.