April 2021

One of Northern Ireland’s leading retail and leisure destinations will reopen with a bang on Friday 30th April after four months of closure, welcoming two new tenants to the scheme, representing a total investment of £120k.

Colliers positioned for further growth in Denmark and to extend Capital Markets leadership.

Plans to deliver the long-awaited transformational mixed-use destination in Coventry city centre (London) have been unanimously approved by Coventry City Council. Shearer Property Group, the developer on the project, first revealed its outline plans to the wider public in June 2020, which have already secured £98m in funding from the West Midlands Combined Authority.

Deutsche Konsum REIT-AG has acquired the Spitzkrug Multi Center in Frankfurt/Oder (Brandenburg) by notarial deed.

Shopping center expert Jan Tanner becomes the new Head of Retail & Site Management Switzerland at real estate service provider Privera. He succeeds Cengizhan Ari, who is leaving the company.

French Crédit Agricole Assurances acquires a 45 percent stake in Austria’s largest shopping center. Unibail-Rodamco-Westfield continues to manage the center.

Orchard Street Investment Management (‘Orchard Street’), the specialist commercial property investment manager, has strengthened its retail team with the appointment of Edward Bales as asset manager.

The company’s sustainability goals include certifying its entire owned portfolio under accessibility standards in the near future.

BALFIN Group will soon bring a new investment which in itself is an innovative concept in the ways of doing business. The project named Retail Park will represent the construction of a commercial building, but not only, it will also include joint public facilities and green spaces.

German fee manager will manage client properties with cloud-based solution.

HMSHost International continues to expand its footprint in the Middle East with the announcement of a signed Memorandum of Understanding (MOU) for a Joint Venture with Qatar Airways, Skytrax-rated Best Carrier worldwide. The MOU prefaces a new partnership between the two industry titans, setting the stage for the elevation of the food & beverage offering for Hamad International Airport in Doha, Qatar in 2021.

The first Delta Planet shopping mall in Serbia extends for 40.000 square meters, has two floors and 850 parking spots for visitors and was built in only 14 months. Visitors will have shops of leading fashion brands, many restaurants and cafés, bookshops, home décor shops and a special attraction in the form of the most modern cinema with 5 auditoriums at their disposal.

Quick & straightforward: SES makes use of rapid tests at shopping centers and cooperates with pharmacies and a local hospital.

Dynamic development of the new Acteeum and Leroy Merlin project – the largest shopping complex in the Koszalin region – attracts well-known brands. Among them the most notable will be Leroy Merlin, Lidl, Agata Meble and LPP group stores – House, Cropp and Sinsay. The growing group of tenants expands hand in hand with the rapid progress of works aimed at commencing the construction of the project, which is expected in the second half of this year.

On April 9, a Lacoste flagship boutique opened at Fünf Höfe CityQuartier in Munich.

A community shopping parade in Cheltenham is fully let again after signing up two new tenants.

The concept of retail parks during the pandemic has become especially popular among local residents, because thanks to the large areas, good location and separate access to shops, you can safely combine pleasant and useful things – shopping, working and spending free time.

Queensberry has announced its signing of leading luxury fashion brand Flannels as the latest name set to join The Glass Works in Barnsley, ahead of its launch later this year. Construction on the final phase of The Glass Works has continued effectively in line with government guidelines and works are on track for completion in September.

The Fashion Pact is an international association of more than 70 famous companies from the fashion and textile industry. It represents over 200 of the leading global brands and one third of the fashion industry. All signatories have committed to the joint implementation of important environmental goals: the mitigation of climate change, the restoration of biodiversity and the protection of the oceans. umdasch The Store Makers has been a member of this prestigious coalition since 2021.

Hammerson has announced that Harry Badham has been appointed to the role of Chief Development and Asset Repositioning Officer. In this role, Harry will oversee the development teams working on destination repositioning across the UK, Ireland, and France.

The first test stations open at 22 MEC locations in twelve federal states, with more to follow. In addition to the luca app and hygiene measures, the greatest possible protection when shopping is possible.

Eurovea 2 has received one of the largest real estate loans in Slovakia in recent years. Funding of EUR 116 million will be used for the construction of the extension of Eurovea shopping centre and the adjacent PRIBINOVA X office building. Construction work on both buildings is fully underway.

Total sales at London Designer Outlet up +148% as guests rediscover the joy of shopping (against reopening of June ’20).