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August 2021

The new ITV leisure attraction, the “I’m A Celebrity… Jungle Challenge” has opened at Quayside MediaCityUK. The 2,500m2 indoor entertainment venue gives fans of the UK’s ITV hit TV series, “I’m a Celebrity… Get Me Out of Here” the chance to navigate a series of fun-filled physical challenges as they race against the clock in a bid to collect stars and be crowned King or Queen of the Jungle.

Shopping and entertainment centre development and management company Akropolis Group signed an agreement to acquire the Alfa shopping centre in Riga, Latvia, from AMD Holding. The seller was represented in the deal by real estate consultancy firm Newsec in the Baltics together with its partner BNP Paribas Real Estate. The transaction amount is not being disclosed.

The Hamburg-based redos Group, which specializes in large-scale retail properties, has acquired the retail park in Gründau Lieblos near Frankfurt am Main. The purchase was made for the Union Investment Spezial-AIF “Redos Einzelhandel Deutschland III”. The property’s seller is the real estate investment manager Redevco, which had included the property in its portfolio in 2016 and has now successfully implemented its business plan. The parties have agreed not to disclose the purchase price.

Balfin Group organized the first edition of Balfin Retail Forum in Tirana. The forum brought together executives and managers from SPAR, FGA, OnSolutions, Jumbo and Neptun, from Albania, Kosovo and North Macedonia, to discuss consumer trends, digitalization and the future of retail. The event was moderated by Julia Goga-Cooke, trainer in entrepreneurship, innovation and interpersonal skills. Retail Vice President, Julian Mane, was also present.

“Many people believe that commercial real estate projects should learn from theme parks and build upon the concept by planning events and other activities that make them even more of a destination than before.”