July 2021

YIT Corporation’s Board of Directors has appointed Tuomas Mäkipeska (43, M.Sc. in Economics) as YIT’s Chief Financial Officer and a member of the Group Management Team. He shall take over his position latest at the beginning of February 2022.

M7 Real Estate, the pan-European investor and asset manager specialising in multi-tenanted properties, announces that it has completed the letting of a significant 1,025 sq m retail unit at the newly refurbished Csillag Center in Budapest, Hungary, to Polish fashion brand, Sinsay, on behalf of M7 CEREF I.

CBRE Global Investors announced the recent appointment of Adam Cummins, as the new Centre Manager at leading London leisure and retail destination, Angel Central. He joins the team at Lambert Smith Hampton, appointed by CBRE Global Investors as the managing agents for the destination.

In 2023, Stuttgart-based fashion and lifestyle company Breuninger will open a new flagship store in the Westfield Hamburg-Überseequartier district, its first location in northern Germany. As the largest anchor tenant by far in the heart of Hamburg’s HafenCity district, Breuninger will occupy a total area of more than 14,000 square metres in the future. The long- term lease agreement with the project developer and district operator Unibail-Rodamco- Westfield (URW) was signed today in Hamburg.

The Board has nominated George Aase as Chairman of the Board, effective 18 August 2021. Rudiger Dany has been contracted by the Company from 6 July 2021 and will be appointed as Chief Operations Officer of NEPI Rockcastle effective 18 August 2021.

A new logo, a new brand claim, and an attention-grabbing summer campaign announce the new collaboration between Designer Outlets Wolfsburg and Scholz & Friends NeuMarkt. In a pitch, the creative and versatile concept of the Hamburg-based company prevailed. The re-design of the logo creates modernity and the new claim “Everything but ordinary shopping.” reflects the center’sstrategic orientation to establish even more of an experience character.

CBRE appointed Jakub Štěpán the new Head of the CEE Valuation Department effective from 1 July.

Greenman OPEN has signed a new seven year debt facility for €17 million to refinance the Berlin Hansa-Centre, marking the fund’s first financing deal with MünchenerHyp.

VIA Outlets has appointed Jaap Tonckens as an advisor to its Board of Directors.

The x+bricks Group has signed a conditional purchase agreement with the SCP Group to acquire large parts of the repositioned grocery-anchored real estate portfolio of the supermarket operator “real”. Under the terms of the Agreement, x+bricks has secured access to a pipeline of assets valued in excess of EUR 1 billion. Upon completing the transaction, the gross asset value of x+bricks’ portfolio will double to more than EUR 2 billion.

Landsec has announced the signing of three F&B operators – Five Guys, Taco Bell, and Pollo To Go – at Xscape Yorkshire in Castleford, the county’s largest dedicated leisure and entertainment destination.

Property has belonged to Unilmmo: Deutschland since 2010.

ESTAMA UK has announced the appointment of Nick Round as the new Head of Asset and Property Management. Working closely with the wider team, Nick’s role will be focussed on driving the performance of the company’s schemes and boosting the efficiency of the operational management across ESTAMA UK’s diverse portfolio.

A new shopping center Nikolsky opened in the heart of the Ukrainian city Kharkiv – with 106,000 sq m of GBA, 53,000 sq m of GLA, and 700 parking spaces. There are about 150 shops, the largest Multiplex in the city, a bowling-club, the Smile Park (an entertainment center for children), the sports club Sport Life and many more.

The Ardent Companies (Ardent), the US-based real estate investment and asset management firm, has completed the acquisition of Touchwood shopping centre in Solihull from Lendlease Retail Partnership (LLRP), appointing Sovereign Centros as asset manager and Cushman & Wakefield and Knight Frank as joint leasing agents.

Burberry announced the opening of No.1 Sloane Street, London – the first flagship store to feature Burberry’s new global design concept that encapsulates the essence of the luxury house.

IPH Transact has bundled and strengthened its own expertise in the field of acquisitions and sales by appointing Roman Zwolinski as Head of Transactions Germany.

The Howard de Walden Estate is pleased to announce that it has signed two new leasing deals – in addition to a significant extension for The Kooples – in Marylebone Village. The deals encompass brands across the retail sector, adding to the distinctive offering across the estate.

Shelley Sandzer has promoted Tony Levine to Director of Leasing. Tony will work alongside joint-Managing Partner, Ted Schama, in representing leading landlords in securing new F&B and leisure brands for their destinations.

A joint venture partnership between Angelo Gordon, a global investment manager, and Kintyre the Frankfurt-based independent real estate investor and asset manager, have acquired Park Center Treptow in Berlin.

After corona lock down, cultural events were missed by many.

Specialist asset manager, Realm, has exchanged with three new global brands opening at Scotland’s largest outlet centre, Livingston Designer Outlet. The deals, totalling 6,060 sq ft, include PUMA, Samsonite and Police and reflect the centre’s strong trading period during Q2 2021 following the reopening of non-essential retail in April.