June 2021

The Global Leisure Group – with brands like SPI Global Play and Sidijk – acquired two-third of former ELI Play. A total of four European organizations, including: Playlife Germany, Playlife Slovakia, HPS Play Company (Austria) and Theme Works (Slovakia), have joined world’s largest supplier of leisure concepts. With this acquisition, the Global Leisure Group further expands its coverage in Central Europe and strengthens its position as worldwide market leader in full leisure and play concepts.

The former department store of the V&D in the center of Dordrecht will be redeveloped. The redevelopment plan of TconcepT and Re.shape was presented recently.

Kaari Shopping Center is, with its ~50,000 sqm, the sixth largest shopping center in Helsinki Metropolitan Area. With a combined area of ~5,000 sqm, the new tenants are retail company Tokmanni and JYSK as well as Gigantti (Elgiganten), the leading Nordic chain offering home electronics and appliances. The center also hosts Prisma Kaari, the largest hypermarket and grocery store in Finland, currently doing a concept renewal to further improve its offering and customer experience.

Pangea Property Partners is proud to have acted as financial adviser, debt adviser, and Joint Manager/Bookrunner in the creation of Aurora Eiendom and the acquisition of five Norwegian shopping centres valued at NOK 4.8bn (EUR 473m) in total.

The aim is to create a vibrant urban quarter with universal appeal and high quality urban spaces.

At the end of May, the global technology provider Huawei opened its first store in a German shopping center at Centro in Oberhausen. Nationwide it is Huawei‘s second store with direct sales besides the one in Berlin.

Redevco Germany is developing the C&A building in Hanover from a single-tenant to a multi-tenant property.

ALEJA Ljubljana named a Finalist for International Shopping Center Award.

Successful premiere of the ACROSS Company Live Session in cooperation with Sonae Sierra.

The American lifestyle brand Kendall + Kylie opens the first franchise store in Europe in Sofia. It covers an area of 132 square meters and is located on the first floor of Sofia Ring Mall. The store is part of the sales network of FF Group Bulgaria in partnership with ICB S.A. (International Celebrity Brands).

For weeks, everyone was waiting in the wings, but on June 1, the time had come: After the Hamburg Senate decided to allow fitness studios to reopen, the starting signal was also given at Quarree. The young company Xtrafit from Cologne opened its first studio in the Hanseatic city.

Hamburg-based large-scale retail property specialist redos Group has appointed Markus Diers as a Managing Director.

PATRIZIA AG announces the appointment of Amal Del Monaco as its new European Head of Asset Management and chair of its country heads.

With “Baba Baji,” restaurateur Zalahuddin Nezam is showing courage in these challenging times. The concept reinterprets traditional dishes and brings healthy taste experiences to the fresh food area of Hamburg’s Quarree from July 2021.

Fashion House Group has officially opened its doors to a €25M new outlet centre in the east of Bucharest, the Group’s second outlet centre in Romania’s capital.