February 2021

Citycon has signed a binding, unconditional agreement to sell a portfolio of three shopping centres in Sweden to Nordic real estate investor Niam.

Despite Corona, MEC has broken a leasing record in 2020. In the past fiscal year, the retail property manager concluded more than 200 new and follow-up leases with a total space of 85,000 m².

Mallson has acquired another chain tenant for the MultiBox facility in Szamotuły – Martes Sport. The store will occupy approximately 600 sq m of leasable space.

CORESTATE has set up Stadtquartiere I, a new open-end special AIF. This fund is the first of its kind in Germany for institutional investors and thus a pioneer in the promising city quarter asset class. Corestate is aiming to achieve a target volume of around € 500 million. Hannover Leasing, an in-house investment management company, is responsible for managing the fund.

HMSHost International is officially certified as a Top Employer 2021 in the Netherlands by the global Top Employers Institute. Resulting from an in depth study of the company’s HR policies and people practices, the certification positions HMSHost alongside only 61 companies in the Netherlands and one of two in the hospitality industry, with a flow-on effect to the global operations.

Mace, the international development, consultancy and construction company, has announced that Kevin Cowin has been appointed as Managing Director of its Develop business; and that Kirsten White is joining the Develop business as Financial Director.

Vastned will optimise its portfolio and concentrate on mixed-use properties in historic city centres where shopping, working, living and leisure meet.

The Mumuso fashion brand, present in over 3500 stores in 30 countries, opens the forth mono-brand store in Romania in the ParkLake shopping center in Bucharest, owned by Sonna Sierra, a transaction intermediated by the real estate consulting company Cushman & Wakefield Echinox.

Los Arcos’ shop will occupy a gross leasable area of 1,250 sqm and Bahía Sur will have an area of 1,120 sqm. The opening is scheduled for March and April.

Quintain has added to its team in order to take its vision for retail and leisure at the multi-billion pound transformation of Wembley Park to the next level, through the appointment of a new leasing agent, CF Commercial.

Evolve Estates has acquired Hillsborough Barracks in Sheffield, for an undisclosed sum – its second major purchase of 2021. Set within a walled estate of 11.5 acres, the grade II listed Hillsborough Barracks comprises a shopping parade with converted offices and separate office buildings within a walled estate.

Capital & Regional and The Mall Walthamstow team are excited to welcome Liz Hardy as the new General Manager at The Mall Walthamstow.

Grosvenor Britain & Ireland has appointed Andy Haigh as Director of Climate Positive Solutions to lead on the achievement of its 2030 net zero carbon goals.

For small and medium-sized businesses lease terms and conditions become a hot issue again due to January “lockdown mode”.

The Concourse Shopping Centre in Skelmersdale, England, is aiming to become a leading entertainment hub in Lancashire after unveiling ambitious plans for an indoor entertainment venue – just months after announcing the arrival of a deluxe two-screen cinema.

Lidl Danmark becomes the largest owner of certified green buildings in Denmark, having achieved EDGE green building certification for its portfolio of stores throughout the country.

Asda has opened its second Covid vaccination centre – one week after becoming the first supermarket to administer the vaccine through its in-store pharmacy.

Madison Avenue Business Improvement District to launch its Exclusive “Only On Madison” customer loyalty program in May 2021.

The Vietnamese restaurant L’Quán opens after the end of the lockdown in the new gastro area on the first floor.

The independent fashion retailer Peek & Cloppenburg will open in Sofia Ring Mall its first new department store in Bulgaria after more than 10 years of the last store opening. The opening is planned for 4th of March.

The Urban Land Institute (ULI) has launched its 15th European National Council in Denmark. Jesper Bo Hansen, Head of Corporate Finance, Catella, will be the new Chair serving a two-year term on a voluntary basis, and will be joined by an executive committee made up of local industry leaders.