2020

As a result of the pandemic, Mipim took place later than usual this year. However, awards were presented, as usual. The award for “Best Mixed-use Project” went to Monopolis, which is owned by Polish company Virako.

Colosseum Mall will host next year two KFC restaurants. One of the two locations is going to be a Drive-Thru restaurant with over 300 sq m, while the other one will be a « fast food » restaurant within Colosseum Mall’s food court, with a surface of more than 150 sq m.

The First Store by ALEXA retail competition, initiated by the popular ALEXA shopping centre on Berlin’s Alexanderplatz, is being launched for the third time – and with an entirely new concept. After two editions as an open competition, it will be now run in cooperation with Deutsche POP.

At Vienna’s Westbahnhof station, a unique and sustainable IKEA store has been growing skywards since 2019. New construction progress is recorded almost daily – as is the roof levelling work scheduled for the end of 2020, which has now been completed on schedule despite corona.

LabTech, owner of Camden Market, and London’s first eco market, Buck Street Market, has announced the launch of its latest initiative, Camden Market’s Big Winter Thank You. This Christmas, LabTech has focused its financial resources on thanking the community, customers, and retailers for their ongoing support during the pandemic.

The tenant mix in Galeria Awangarda (Bartoszyce, Poland) is reinforced by well-known international brands. For instance, Rossmann (Europe’s largest retail chain of make-up, household goods, foodstuffs) and Pepco (a chain of discounted clothing and household goods) have signed lease agreements for five years and will occupy areas of 440 sq m and 540 sq m, respectively. The opening of Rossmann store is scheduled for February 2021. Pepco’s – during the second half of the next year.

With a focus on providing the community with a relevant and essential offering, Sloane Stanley are pleased to announce that Farm Fetch, a food boutique with the soul of the farmers market, will be opening their first concept store at 259 King’s Road. In addition, independent luxury chocolate brand, Melt Chocolates, has opened a pop-up kitchen at 340 King’s Road.

GTC has appointed Malwina Pawłowska to the position of Head of Marketing & Communication, the appointment is dictated by her extensive and in-depth sector knowledge.

Grosvenor has announced the launch of two independent fashion and accessory brands, Vincentius and TRIBUS, at Liverpool ONE. Both founded in Liverpool with local family roots, the luxury retailers have opened flagships stores at the destination, further elevating Liverpool ONE’s stylish retail offering for men.

centre:mk has announced that Love Local Hub, has opened its flagship pop-up space in centre:mk, the first in a national project created to help retail entrepreneurs and landlords across the UK.

Shaftesbury has officially announced a program of Christmas activities taking place at its distinctive West End village of Seven Dials, being carried out in partnership with local charity Dragon Hall Trust to provide support for the community.

In line with the latest government restrictions, Seven Dials’ streets will safely come to life with a live window display, festive acoustic music, and bespoke restaurant offerings, complementing the atmospheric display of Christmas lights throughout the open-air destination.

Tokmanni, Finland’s largest general discount retailer, has signed agreements on the opening of four new stores. The agreements will result in the expansion of Tokmanni’s store network to Kannelmäki in Helsinki and Kausala in Iitti. In addition, Tokmanni will move to new, larger commercial premises in shopping centres in the centres of Lahti and Jyväskylä.

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.

Debenhams confirms that its administrators, FRP Advisory, have concluded the initial sale process that was part of their assessment of options for the UK business in administration.

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