Monthly Archives: April 2021

The Fashion Pact: umdasch The Store Makers joins global association for sustainability

In April 2019 the President of France, Emmanuel Macron, instructed the CEO of the Kering Group*, Francois-Henri Pinault, to gather his fellow CEOs across the fashion and textile industry in order to establish a coalition. The aim of “The Fashion … Continue reading

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Hammerson appoints Harry Badham as Chief Development and Asset Repositioning Officer

Harry, was most recently UK Head of Development at AXA IM Alts, where he led £3.5bn of major investment, development and repositioning projects from start to completion for a range of funds and joint venture investors. Working on urban projects … Continue reading

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MEC offers corona rapid test centers for customers

To further contain the pandemic, the MEC is relying on large areas of corona tests in its shopping centers. The nationwide active Commercial Property Manager provides various areas for corona rapid test stations in its centers. Center visitors can now … Continue reading

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Eurovea 2 receives EUR 116 million loan for extension of shopping centre and offices

The construction loan was provided by a syndicate of banks led by Tatra banka, together with Slovenská sporiteľňa and UniCredit Bank. International law firm Dentons prepared the contract documentation. “Despite over twelve months of pandemic-related restrictions, the Eurovea extension project … Continue reading

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London Designer Outlet predicts ‘Summer of Shopping’ as guests flock back to centre in week since reopening

The capital’s leading lifestyle and fashion outlet centre is predicting a ‘summer of shopping’, with guests having piled their shopping baskets high in the first week since retail reopened. London Designer Outlet saw total sales up +148% compared to retail … Continue reading

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Hammerson disposes of retail parks portfolio

As previously announced, Hammerson has also recently disposed of Brent South Shopping Park (£22m at Hammerson share) and its minority interests in Nicetoile and Espace Saint Quentin for £73m, these were in line with 31 December 2020 valuations. The transaction … Continue reading

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Click2Shop: digital innovation in City2, The Mint and Anspach shopping centres in Belgium

Market developments towards “omni-channel” retail and the current health situation mandating specific measures in stores have prompted AG Real Estate to seek innovative solutions to meet the needs of its occupants and their consumers. The retail teams at AG Real … Continue reading

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Primark opens at Forum Rotterdam developed by Multi

The Primark store is at the heart of Forum Rotterdam, located between Rotterdam’s most important shopping streets, Coolsingel, Binnenwegplein, Lijnbaan and the ‘Koopgoot.’ (Also originally developed by Multi). It is in the former Jungerhans building and Primark’s retail trading space spans … Continue reading

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Deutsche Investment acquires Rödertalpark retail park

Built in 1995, the property was thoroughly modernised and enlarged in 2012, and is almost fully occupied today. Anchor tenants include the multiples Kaufland (superstore), Aldi Nord (discount supermarket) and Hagebau (DIY). The retail spectrum is supplemented by regional tenants, … Continue reading

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Zalando starts selling second-hand fashion

Europe’s largest online fashion retailer Zalando is expanding its second-hand offering to seven more countries about six months after its market launch. The German company announced that, starting on Thursday, April 22, customers in Austria, Italy, the Czech Republic, Sweden, Finland, Denmark, and Ireland will … Continue reading

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MediaMarktSaturn CFO Florian Wieser becomes new CFO of the CECONOMY Group

Ceconomy AG has taken the first decisive step in establishing a uniform management structure of the CECONOMY Group. The Supervisory Board of Ceconomy decided to appoint Florian Wieser, Chief Financial Officer (CFO) of MediaMarktSaturn Retail Group (MediaMarktSaturn) since November 2018, … Continue reading

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Neinver launches a Europe-wide initiative to support art and local communities

The campaign is running until the end of Spring under the slogan: [RE] IMAGINE THE FUTURE TOGETHER and includes several activities, from creative development of local artists right in the centres, with posters and decorations, art installations and workshops, to … Continue reading

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PREMIERE: First ACROSS Company Live Session in cooperation with SONAE SIERRA

Dear Reader,  We are very proud to officially announce the first ACROSS COMPANY LIVE SESSION (ACLS). And I am particularly proud that we are realizing this premiere with one of the industry’s biggest players – SONAE SIERRA. Down below is what … Continue reading

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Hammerson announced the appointment of Himanshu Raja as Chief Financial Officer (CFO) and Executive Director

Himanshu will join as CFO and Executive Director on 26 April 2021, at which point James will step down from both roles.   Himanshu holds a law degree (LLB), is a Chartered Accountant and was most recently CFO at Countrywide, … Continue reading

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People in move

Cushman & Wakefield Appointed to Lease The Quadrant Arcade, London

The Grade II listed arcade has recently undergone a significant redevelopment and the vision is to create a world class destination for a mix of dynamic emerging and established beauty, health and wellness retail brands and complimentary F&B. The 10,500 … Continue reading

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3,000 Store Managers in JYSK will help find 2,000 new colleagues

This February, JYSK reached the milestone of 3,000 stores worldwide. To celebrate this and continue to chase after 5,000 stores worldwide, JYSK is launching the company’s biggest Employer Branding campaign so far. The campaign will run both internally and externally … Continue reading

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Braintree Village announces the opening of regional debut for luxury brand Armani

Spanning 1,889 sq ft, the new Armani store is next to Polo Ralph Lauren, joining other leading designer brands such as Calvin Klein, Tommy Hilfiger, and Timberland all operating within Braintree Village. Founded in Milan in 1975 Giorgio Armani, today … Continue reading

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Christoph Andexlinger Becomes the Sole Austrian on the Supervisory Board of the New European Industry Association, the ECSP

Managing Director Christoph Andexlinger, Chief Operations Officer at SES since 1 January 2021, has been appointed as a member of the Supervisory Board of the ECSP and, as such, will represent the interests of the Austrian retail real estate industry … Continue reading

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Sainsbury’s sets sail to another Local store in Wapping London Dock

The new Local store in the heart of Wapping will serve nearby residents who call the area home and will be a convenient and fresh destination for commuters and visitors to the neighbourhood. The new store is just moments from … Continue reading

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