Advertisement
Search
Close this search box.

2021

British Land is pleased to announce that Bhavesh Mistry has been appointed Chief Financial Officer. Bhavesh is currently Deputy Chief Financial Officer at Tesco PLC, a position he has held for over two years.

James Lenton has informed the Board of his wish to step down from his role as Chief Financial Officer.

Landsec has completed 26 deals with 21 brands in the last ten months across four of its outlet malls, Gunwharf Quays, Braintree Village, Clarks Village and Junction 32. Totalling over 48,000 sq ft, the signings include three relocations and two upsizes, and feature a number of premium brands, such as Kate Spade, Calvin Klein, Tommy Hilfiger and Penhaligon’s.

After the successful launch of an e-charging network in January 2020, SPAR Hungary continues to expand its nationwide network in cooperation with partner NKM Mobilitás Kft. This is another example of SPAR Hungary implementing innovative solutions that contribute to environmental sustainability and provide high-quality service to customers.

Just as the Covid-19 pandemic blurred the lines between office and home in 2020, the office of the future will need to combine elements of work, life, and experience in order to be competitive in post-pandemic city center locations, writes Nicole Pötsch, Head of Acquisitions & Sales for North & Central Europe at Allianz Real Estate.

Vastned, the listed European retail property company focusing on ‘venues for premium shopping’, announced the Vastned Green Finance Framework, and has agreed a new committed Green Revolving Credit Facility under this framework of € 40 million, in which ABN AMRO and Rabobank each participate for € 20 million.

The Crown Estate has partnered with AccessAble to launch a new series of detailed accessibility guides for a number of its regional retail parks and shopping centres, making it the first real estate company to undertake these for retail parks.

Real estate investor Altera Vastgoed NV has sold the Arendshof II shopping centre in oosterhout. The property comprises approximately 9,125 sq. m comparisson retail space and an indoor parking garage with 562 parking spaces.

The company has purchased the “6X6” building in downtown San Francisco. Following a transformation, the retail destination will be anchored by IKEA and will be complemented by mixed-use offerings.

In Poland, 2020, a turbulent year, has brought about many changes in the retail market. The unexpected occurrence of the pandemic has complicated the situation for both contractors and tenants. However, Covid-19 has not so much initiated new trends as it has dynamized the existing ones. It is not only about the growing importance of the omnichannel approach, especially with regard to e-commerce; the increasing share of retail parks and convenience centers in retail sales also ranks as one of the key trends. As research has shown, smaller-scale commercial formats have been most successful in dealing with the challenges brought about by the pandemic.