September 2020

Real estate investor and manager Cromwell Property Group (Cromwell) has appointed Elwira Pyrkowska as Head of Asset Management, CEE. She will be based in Cromwell’s Polish office.

Grosvenor Europe has announced that Japanese-inspired lifestyle brand, Kenji, has officially unveiled its new retail concept at 45 South John Street within Liverpool ONE. It is the first of three new concept stores to be launched by the Manchester-based retailer across the North West.

Capital & Regional, the UK’s leading owner and manager of community shopping centres, opened a major new 23,000 sqft Matalan store at The Mall Maidstone. This is confirmed as the only new store to be added to Matalan’s UK portfolio in 2020, and takes up the last remaining former-BHS space in the Capital & Regional’s portfolio. The Matalan opening coincided with PureGym, the UK’s largest gym operator, which will start fitting out its new fitness facility at the centre in November.

More than thirty tenants have signed up to stay at the Plejada Sosnowiec shopping centre. Their lease renewals are for a total of close to 9,000 sq m. The transactions were brokered by global real estate services firm Cushman & Wakefield, the property manager for the complex.

National commercial property and investment company LCP has acquired a local convenience parade after signing a deal for a retail site in a Sheffield suburb.

Pradera European Retail Parks, the owner of HOMEPARK retail parks, has signed a lease agreement with Lidl. The retailer’s 2,000 plus sq m store will be located in Homepark Targówek in Warsaw.

Redevco, one of the largest privately-owned real estate investment managers in Europe, has completed an extensive refurbishment of its iconic C&A store in the city centre of Zurich.

The real estate company Becken, a specialist in the development and realisation as well as long-term asset and investment management of commercial and residential properties, is founding the new division Becken Retail and appointing the retail expert Marcus Neumann (51) as Managing Director of Becken Retail GmbH.

The New York fashion company Polo Ralph Lauren is opening a new 160 square meter store on the first floor of the Mall of Berlin in Berlin-Mitte. The opening is scheduled for mid-November 2020.

The direction of development of the European company in Poland is primarily the further implementation of innovative, highly aesthetic projects in line with the idea of sustainable construction.

The new Click & Eat service debuts at Alegro Montijo and will allow customers to choose and pay for their meals via smartphone, reducing gatherings and physical contact.

Shaftesbury has announced the launch of an all-new initiative, ‘Start Up with Seven Dials,’ an exclusive offering providing brands born from the ‘kitchen table’ during lockdown, the ultimate business incubator pop-up space to operate from in the heart of London’s West End for a limited time this Autumn.

Jacques Blanchard, current Chief Executive Officer, will remain a director of MRM.

Appointment to further enhance the firm’s global research capabilities.

IKEA has an ambition to become climate positive, reducing more greenhouse gas emissions than the IKEA value chain emits. For Ingka Group, this means that the future of energy is renewable, and that’s why it has invested heavily in wind and solar power over the past decade. Most recently, IKEA Finland, through Ingka Investments, has completed and transferred the ownership of three new wind farms to IKEA Oy.

British Land has signed up to The Valuable 500, a global movement working to get 500 of the world’s largest businesses to commit to placing disability inclusion on their business leadership agendas.

The popular InCity shopping mall in Hangzhou is offering visitors a unique seasonal experience this year in the form of its rooftop Light Park, Shine Forest.

Swiss Prime Site Immobilien AG decided to transform the regional shopping centre A1 in Oftringen into an attractive retail park at the end of 2018. The centre, which was previously used by small-scale general goods retailers, was to be converted into a spacious, modern meeting point to appeal to do it yourself (DIY) customers in particular.

MEC METRO-ECE Centermanagement GmbH & Co. KG is successfully continuing its growth strategy. As of October 1, 2020, the German market leader for retail parks takes over ten retail properties of HanseMerkur Grundvermögen AG in Bavaria. The total rental space of this “Bavaria portfolio” amounts to just under 60,000 sq m.