2021

Stenprop, represented by Montano Asset Management (Montano), is selling the Hermannquartier inner-city retail warehouse centre in Berlin-Neukölln to an ILG Capital institutional fund.

McArthurGlen is pleased to announce the promotion of Nick Brady to Group Managing Director of Leasing. In this role, Brady will be responsible for overseeing all brand acquisition and asset management for the Group’s 25 designer outlets in 10 countries across Europe and in Canada.

AI-driven software made by Relex Solutions to optimize the entire supply chain at Douglas.

The Board of Directors of Swiss Prime Site proposes Barbara Antonia Knoflach for election to the Board at the Annual General Meeting on 23 March 2021.

Supermarket Income REIT, the real estate investment trust, announces the acquisition of a Waitrose supermarket in Market Harborough, Leicestershire from Alpha Real Estate for £9.1 million, representing a net initial yield of 4.3%.

The latest two projects by the ATP subsidiary Mint Architecture, a specialist in commercially used and experience-oriented architecture, are open: two separate outlets for the traditional Swiss company Jelmoli in The Circle.

Niam has divested an office and retail property in Algade, central Roskilde, in the greater Copenhagen area. The ~10,000 sqm property was previously headquarters to former Roskilde Bank and is a prestigious mixed-use landmark property located on the best high-street location in Roskilde.

Union Investment Real Estate Austria AG is expanding its senior leadership team. Petia Zeiringer has been appointed to the management board with effect from 1 January 2021.

IKEA and Bershka will be new tenants in the Mall of Sofia – one of the most successful shopping malls located in the city. As a result of these agreements, GTC will lease 2,000 sq m of retail space in the centre.

Hammerson announces the appointment of Mike Butterworth as a Non-Executive Director with effect from 1 January 2021. Mike will also become a member of the Audit Committee.

Advised by real estate agents Savills Aguirre Newman, French jewellery brand APM Monaco, established by Ariane Prette in 1982, has opened three counters in El Corte Ingles (Madrid, Valencia & Bilbao).

Grosvenor Europe has sold Burlöv Center and surrounding land in Malmö, Sweden, on behalf of the Grosvenor European Retail Partnership (GERP) Fund.

Citycon has signed a contract with the municipality of Botkyrka in the greater Stockholm region about expanding the existing library in Tumba Centrum to 1,700 square meters and adding several additional municipal services. The new library will open in September 2021.

Global Retail Attractiveness Index remains weak in Europe. Poland, Germany and Ireland are new top trio in index. UK the only market to see an increase.

MERLIN Properties announces changes in their management team to replace three key executives in the Company who will soon reach their retirement age.

FİBA Commercial Properties is strengthening its cooperation with LC Waikiki in both domestic and foreign markets.

Through active portfolio management, Redevco has been pushing new and follow-up lettings for several years to optimise the tenant mix in its urban properties.

In view of the second lockdown in Germany, ECE again wants to significantly relieve the affected retailers and restaurateurs.

In early December, METRO PROPERTIES received inquiries from various counties regarding the possible establishment of vaccination centers.

Wereldhave sells shopping center Emiclaer in Amersfoort and Les Passages in Bordeaux.

Pangea Property Partners is expanding its business and establishes Pangea Project Finance AS from 1 January 2021. A team from DNB Markets has been recruited and the syndication profile Arnstein Rød (46) will lead the company.

On December 29, 2020 the largest cinema in Pushkin district under the management of MORI CINEMA with total area more than 4,000 square meters has opened in Aquarelle shopping center.