2020

PROFI network is expanding, inaugurating new stores while also taking over already-existing networks. The most recent development involves acquiring a group of 18 supermarkets from the local peer Pram Maya.

Christian Hohenthal joins from JLL, where he is currently CEO of JLL Finland.

Two restaurants that share a south London heritage and an international flavour have signed contracts to open new premises at Elephant Park, the £2.3 billion regeneration project being delivered by Lendlease and Southwark Council in Central London.

Realm has won a Revo Gold Award in the Re:fresh category for the stunning £7m redevelopment of Livingston Designer Outlet beating off stiff competition from schemes in Reading and Bedford.

Savvy bargain hunters boosted revenues over the Christmas holiday period at London Designer Outlet in Wembley Park, the capital’s leading fashion and lifestyle outlet centre.The results show the ongoing appeal of aspirational and desirable brands at up to 70% off RRP throughout the year, and at up to 85% off during seasonal sale periods such as the Boxing Day sales.

Wing, a Hungarian company with a presence on the European real estate market, has acquired a majority stake in Echo Investment. Wing was advised throughout by global real estate services firm Cushman & Wakefield.

Christmas trading results from Springfields Outlet in Lincolnshire once again demonstrate its resilience as the leading shopping and leisure destination in the East of England having achieved 15 years of consecutive turnover growth.

The seller and developer of this project is Schoofs Immobilien GmbH Frankfurt. The purchase volume is €35 million.

ROS Retail Outlet Shopping, the operator of Designer Outlet Warsaw, expects the much-anticipated extension to open in autumn 2020.

Steve Wozniak, Apple co-founder, will speak at MIPIM on Wednesday 11 March at 10 am at the Palais des Festivals in Cannes, France.

In his new role he is responsible for the management and expansion of this division at Multi Germany GmbH.

centre:mk, one of the top 10 shopping centres in the UK (released by GlobalData), is bucking the nationwide trend of declining footfall, and has reported that the centre’s footfall is up +2.5% YOY.

M7 Real Estate, the pan European asset and investment manager, has acquired The Mailbox in Birmingham from a joint venture between a Brockton Capital-advised fund and Milligan Retail.

The new instruction comprises seven properties in Nuremberg and the Stuttgart metropolitan region.

A jointly owned holding company and affiliates of intu properties and Canada Pension Plan Investment Board have exchanged contracts to sell intu Puerto Venecia shopping centre to Generali Shopping Centre Fund S.C.S. SICAV-SIF and Union Investment Real Estate GMBH for €475.3 million (intu share €237.7 million).

The Board of Directors of Swiss Prime Site has appointed Nina Müller as new CEO of the premium department store Jelmoli.

Recently a significant milestone has been reached signalling an important next step in regenerating the heart of Stevenage as Mace submits a major planning application covering 14.5 acres of the town centre.

Austrian real estate company Supernova Group, confirmed that it has acquired ten Qlandia shopping centers in Slovenia from Centrice Real Estate GmbH.