September 2021

On September 16, 2021, the German Council of Shopping Places (GCSP) is hosting their yearly 3-5-1-conference at Hamburg Chamber of Commerce’s trading floor in Germany.

DL Invest Group has finalized the sale of the DL City shopping center in Zgorzelec in Lower Silesia (Poland) with a return on equity of 253 pct.

Designer Outlet Warszawa has been awarded the Prime Property Prize 2021 in the category of Commercial Property Market’s Investment of the Year.

Ellandi the specialist retail and town centre asset manager has recruited Selina Dicker to head their debt business.

VIA Outlets announces the launch of its new, sustainable pop-up initiative to be called the ‘Re.Love’ pop-up store. The concept is part of VIA Outlets’ wider strategy with the ambition to go “Beyond Sustainable” and create an even more positive and regenerative approach to outlet shopping. It will be the first ever pop-up store from VIA Outlets offering sustainable collections and initiatives from existing brands and new brand partners.

M&G Real Estate has looked to the thriving food sector in the south of France for its latest round of acquisitions on behalf of two of its European property funds. In separate deals worth a combined €124 million, M&G Real Estate has acquired two hypermarkets leased to Casino Group, one of France’s leading food retailers, generating secured long-term income from established, dominant and non-replicable assets.

The 46-month revitalization of the Norblin Factory in Warsaw’s Wola district, carried out by Capital Park Group, has come to an end. The complex has been granted an occupancy permit. At the investment site, preparations are currently underway to open the first concepts, which will be gradually unveiled to future visitors over the next few months.

One of the two large ‘globe-mailbox’ created exclusively for Vicolungo and Castel Guelfo The Style Outlets, is now on display until 7 November in the famous Milan’s Piazza Duomo, after being exhibited for 4 months at the outlet centres.

The Czech real estate fund Trigea bought two retail parks in Moravia – Retail Park Haná in Olomouc and the shopping centre Retail Park Ostrava, expanding its existing portfolio of three properties with additional retail projects.

Redevco has appointed Sarah Lulham in the role of Separate Accounts Manager with immediate effect.

A complex build, ultra-precision and the need to flex a programme that required the umdasch General Contracting team to mesh in with multiple suppliers from around Europe, has resulted in a stunning new London flagship for Stone Island.

HMSHost International is pleased to announce the award of an additional six stores at Bali Airport by Angkasa Pura I, operator of Bali’s I Gusti Ngurah Rai Airport.

The HalfPrice chain debuted in Austria, where customers will find a wide range of products from well-known brands at very attractive prices. The first off-price store was opened in Vienna, and this year the brand will appear in two more locations in this country.

Construction works at East Gate Mall are going full speed ahead. One of the largest shopping and entertainment centers in the region is preparing for the fall season when it is expected to open its doors for the public in Skopje, North Macedonia.

Multi Poland’s operational director, Magdalena Gibney, has won this year’s Top Woman in Real Estate competition in the Asset & Property Management category.

The retail real estate specialist MEC, national market leader for the management of retail parks, is building its strong market position with the addition of 25 specialists in the areas accounting and contract management. The employees at the MEC Competence Center in Saarbrücken will become part of the MEC team in the course of a transfer of operations from Metro Properties.

Due to the global pandemic, safety and COVID-19 protocol has become the primary priority at large events, especially for the facilities where they are being hosted.

IKEA, a member of the FOURLIS Group, continues to expand its omnichannel experience and welcomes the second “new generation” store at The Mall Athens in Maroussi to its network, in autumn, 2021.