June 2021

AG Real Estate has confirmed the diversification of its commercial offer in the heart of the shopping centres it owns and manages. Several new leisure projects, with nearly 10,000m2 floorspace in all, will be added to the retail offer already present in the malls of its portfolio, thus offering a mix that meets the new customers’ needs.

The topping out ceremony was held on June 24th at the construction site of Galeria Andrychów – the largest retail park in the region and one of major retail developments currently under construction in Poland. The event was attended by local authorities, investors – Acteeum Group and Equilis Europe, as well as retailers and business partners.

Bigger leaps are being taken to lift us out of this pandemic. We still have a long way to go, the path ahead will be rocky, and the load we must carry is heavy. However, not everyone should expect the party to begin once we make our way out of the darkness. The beat of the drum and the rhythm of the song have changed.

The Urban Land Institute (ULI) has announced the appointment of Emanuela Recchi, president of Recchi Engineering, as chair of ULI Italy. She succeeds Davide Albertini Petroni, managing director, Risanamento S.p.A, and will officially begin her voluntary two-year term on 1 July 2021.

The opening of new stores across SES shopping centers has continued unabated: The Danish Bestseller Group is set to open a total of four new “Jack & Jones” (young men’s fashion & denim) and “Only” (young women’s fashion & denim) stores at the SES-managed Weberzeile Ried, MAX.Center Wels, and Gerngross Vienna shopping centers by fall.

GTC has appointed Seweryna Afanasjew as Head of Asset Management in Poland. Her outstanding in-depth sector knowledge coupled with extensive experience in commercial asset management and leasing for investment funds will strengthen GTC’s market position. With Seweryna on board, the company expects the successful growth of its sustainable real estate portfolio in line with the developer’s best ESG practices.

All of our seven senses want to be used and ultimately are the key to real emotional experiences that bond us to very special moments and products. Physical real estate needs to confirm the field of tension of identity–human interaction–and products/brands by supporting individuality.

French company Wishibam won over the jury of six experts at the fifth PropTech Innovation Award to take top prize in this year’s final round. Wishibam, winner in the “Re:Create Retail” category, helps shopping malls and city centres adapt to the digital world and is fighting against the growth of online shopping. How? The solution comprises a digital marketplace for brick-and-mortar retailers, as well as an entire ecosystem of additional tools for logistics, warehouse management, marketing and interaction between visitors.

Probably almost everyone in Europe would like to see a return to normality, to where we have achieved herd immunity, infection numbers are controlled, and coronavirus-related restrictions are lifted. Whenever we reach that normality, it will still be a new kind of normal. The coronavirus pandemic will permanently change the way we work, live, and consume – and retailers will also have to find their way in the new world after the acute shock of 2020 and 2021.

In a critical period for HoReCa, office or mixed-use projects, recent investments are adding new flavors and attractive or innovative functions to revive the pulse in key submarkets of Bucharest. Can dining or working with sky views make flexible working or meetings more appealing?

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