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December 7, 2020

DIR Deutsche Investment Retail GmbH (DIR) is strengthening its retail expertise with Tatjana Fiedler. In the position of Transaction Manager, she will immediately strengthen the team in the development and expansion of a nationwide retail portfolio with a focus on food-anchored local convenience centres and retail warehouse parks, full-line grocery stores and discount supermarkets.

Retail parks and hybrids have weathered the storm of the crisis relatively well due to their high proportion of local supply. Nevertheless, in the vortex of the coronavirus crisis, the issue of sustainability seems to have fallen by the wayside in many cases. That picture, however, is deceptive. The necessary (re)alignment of retail parks and other agglomerated retail real estate properties makes it necessary for ESG criteria (environment, social, governance) to be taken into account. The following “Top 5 Lessons Learned” were taken from a recent publication on retail parks in Germany*.

Multi Corporation announces the departure of Rüdiger Dany as Chief Operating Officer (COO), effective 1 January 2021. Rüdiger Dany was appointed to the Management Board in 2017 and after more than three years at Multi wishes to step down to pursue personal business opportunities.