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January 2021

The new Zara Home store concept offers customers a unique experience when they come in to discover its collections. The idea at the heart of the new design, whose rollout began this week at the Plaza de Lugo store in A Coruña, is to create an enjoyable visit to a home that prioritises sustainability and comfort, in which beauty, technology and well-being meld together.

Three new stores have opened at The Churchill Shopping Centre in Dudley, heralding an exciting start for 2021 for local shoppers. Cakebox, which specialises in freshly baked egg-free cakes, cupcakes and celebration cakes, has agreed a 10-year lease for unit 9, while discount retailer MaxiSaver has opened a 5,380 sq ft store in units 10-12.

“In our survey, many of our visitors told us that they would like to continue to see features that minimize the spread of infections, such as touch-free shopping, and that will be at the forefront of our minds as we upgrade our centers and embark on new projects.”

Laura Jauhiainen, CFA, has been appointed as Vice President, Strategy and Investor Relations at Citycon as of 1 January 2021. In this role, she will lead Citycon’s new strategy function and support Citycon’s strategic transformation further towards a mixed-use real estate portfolio combining modern retail with residential, office and municipal service space.

British Land is pleased to announce that Bhavesh Mistry has been appointed Chief Financial Officer. Bhavesh is currently Deputy Chief Financial Officer at Tesco PLC, a position he has held for over two years.

James Lenton has informed the Board of his wish to step down from his role as Chief Financial Officer.

Landsec has completed 26 deals with 21 brands in the last ten months across four of its outlet malls, Gunwharf Quays, Braintree Village, Clarks Village and Junction 32. Totalling over 48,000 sq ft, the signings include three relocations and two upsizes, and feature a number of premium brands, such as Kate Spade, Calvin Klein, Tommy Hilfiger and Penhaligon’s.

After the successful launch of an e-charging network in January 2020, SPAR Hungary continues to expand its nationwide network in cooperation with partner NKM Mobilitás Kft. This is another example of SPAR Hungary implementing innovative solutions that contribute to environmental sustainability and provide high-quality service to customers.

Just as the Covid-19 pandemic blurred the lines between office and home in 2020, the office of the future will need to combine elements of work, life, and experience in order to be competitive in post-pandemic city center locations, writes Nicole Pötsch, Head of Acquisitions & Sales for North & Central Europe at Allianz Real Estate.

Vastned, the listed European retail property company focusing on ‘venues for premium shopping’, announced the Vastned Green Finance Framework, and has agreed a new committed Green Revolving Credit Facility under this framework of € 40 million, in which ABN AMRO and Rabobank each participate for € 20 million.