2022

PRIMARK OPENS FIRST STORE IN ROMANIA, PARKLAKE SHOPPING CENTER, AND NOW OPERATES IN 15 INTERNATIONAL MARKETS

International fashion company Primark opened its first store in Romania on December 15th at the ParkLake Shopping Center in Bucharest. With an investment of over 10 million euros in the new store and the creation of hundreds of jobs in the local economy, the opening marks an important milestone for Primark, which is entering its 15th market internationally.

RAILPEN ANNOUNCES THE RELOCATION OF SKECHERS TO CALEDONIA PARK, SCOTLAND

Railpen, one of the largest pension managers in the UK, has announced the upsize of Skechers, the lifestyle and athletic footwear brand, at Caledonia Park, Scotland’s designer outlet village. Skechers has increased the size of its store by over 93 sq m.

MARKS & SPENCER ANCHORS SOUTH JOHN STREET, ENGLAND, AS IT JOINS LIVERPOOL ONE

Grosvenor has announced that leading British retailer, Marks & Spencer (M&S), is to join Liverpool ONE, anchoring South John Street in two floors of the former Debenhams. Set to open in mid-2023, M&S is relocating from Church Street to create a 9,290 sq m store in a move that reaffirms the brand’s commitment to the city center.

HAMMERSON SIGNS LANE7 AT THE BULLRING ESTATE, ENGLAND, FOR ITS BIGGEST INVESTMENT

Hammerson has signed Lane7, the boutique bowling concept, at the Bullring Estate, as it continues to deliver its strategy to reinvigorate its assets through new brands, entertainment, and experiential concepts. The 2,601 sq m space on Link Street will be Lane7 Group’s biggest investment to date and serve as its flagship.

NEPI ROCKCASTLE ACQUIRES FORUM GDAŃSK SHOPPING CENTER IN POLAND FOR 250 Million Euro

NEPI Rockcastle has acquired the Forum Gdańsk Shopping Center in the northern Polish port city, for 250 million Euros from Blackstone. This acquisition marks one of the largest deals of 2022.

OXYGEN APPOINTS STÄRKA TO BOOST NATIONAL EXPANSION

The UK’s indoor family activity brand, Oxygen, has appointed Stärka, the leisure real estate advisory business, to support the brand’s expansion throughout the UK. Stärka’s brief is to secure strategically located sites of between 1,858 sq m to 2,787 sq m owned or managed by landlords that are looking to provide a unique experience for their customers and visitors.

EUROPE NEEDS A 2030 ROADMAP TO DELIVER ENERGY RENOVATIONS WITHIN THE REAL ESTATE SECTOR

Ahead of a vote in the European Parliament on the proposed revision of the EU’s Energy Performance of Buildings Directive (EPBD), ECSP calls for a 2030 European roadmap to delivering energy renovations.

“A LOCATION FOR LEARNING AND TEACHING, IN THE MIDDLE OF EVERYTHING: NORTHERN BUSINESS SCHOOL HAMBURG EXTENDS LEASE IN QUARREE WANDSBEK, GERMANY

Since 2010, the NBS study center has existed in QUARREE as one of the three Hamburg locations of this university. The extension of the lease for another five years is a clear commitment to the location in QUARREE directly at Wandsbek Markt.

MULTI CORPORATION TO RAISE MONEY FOR FIRST-AID KITS IN COOPERATION WITH UNITED24

ACROSS RETAIL TALK: February 15TH 2023, 3 PM (CET), ONLINE/ZOOM

Outlets – A Winning Retail Format? The first 2023 ACROSS Retail Talks will discuss with highly recognized industry experts what the industry can learn from the success of outlet centers.

UNION INVESTMENT ACQUIRES REPURPOSED PROPERTY IN NÜRTINGEN, GERMANY

Union Investment has acquired the Nürtinger Tor development project via a forward funding deal. The building in the heart of Nürtingen dates back to 1971. Currently known as the Nanz Center, it is being converted into a mixed-use shopping and amenity center. Completion is scheduled for the second half of 2023.

TREI OPENS 32. VENDO PARK IN POLAND

Trei Real Estate GmbH just opened another retail park of its Vendo Park brand in Poland. It is located in Mielec, a small town of around 61,000 residents in the Podkarpackie or Subcarpathian voivodeship in south-eastern Poland.

MINISO OPENS IN FESTIVAL PLACE, ENGLAND

MINISO, the lifestyle product retailer offering high-quality household goods, cosmetics, food, and toys has signed a 10-year lease on 270 sq m at Basingstoke’s Festival Place. The new store, which opened on Saturday the 10th of December, is the thirteenth to open in the UK, the second in South East England and the first in Hampshire.

ESTAMA UK EXPANDS LONDON-BASED TEAM WITH NEW HIRE

Commercial property and asset management specialist, ESTAMA UK, has appointed Jackson Molyneaux as the new Leasing Administrator for the agency, helping to support its property management team as it continues to experience an extended period of growth throughout 2022.

Westfield Hamburg-Überseequartier: Mobility hub in a class of its own

Unibail-Rodamco-Westfield forces the mobility transformation by turning to soft mobility that promotes the use of sustainable, environmentally friendly, socially acceptable and low-accident modes of transport.

MAKING A POSITIVE CONTRIBUTION TO THE COMMUNITY AND REMAINING CONNECTED TO THE EVER-CHANGING NEEDS OF CUSTOMERS AND LOCAL RESIDENTS IN TIMES OF CHANGE

As a center launched 20 years ago, Festival Place was originally designed for an era in which ‘big box’ retailers dominated. The demise of high street brands such as Debenhams and Topshop changed the landscape for retail landlords, while the breakneck pace of the e-commerce revolution and the subsequent impact of the Covid-19 pandemic have changed consumer behaviour irrevocably. The team behind Festival Place have responded with a renewed emphasis on the leisure offer, closer engagement with the local community and delivering a range of events and services that all serve to keep the center relevant and to drive continued footfall.

SUITABLY SUSTAINABLE: TWO LANDMARK ECO-FRIENDLY FASHION BRANDS OPEN AT SEVEN DIALS, LONDON

Shaftesbury has announced the launch of two significant sustainable fashion brands within the Seven Dials community. The functional, outdoor clothing retailer, Meander Apparel, has unveiled its debut permanent store in England spanning 72 sq m whilst responsible and contemporary womenswear brand, Rakha, has opened its 64 sq m flagship store.

THE GREAT COMEBACK OF PHYSICAL RETAIL REAL ESTATE

A crisis forces us to think in new and different ways. It is a challenge – but finally, almost always, it leads up to new ideas and helps to speed up the much-needed change, states Caroline von Westerholt, Head of Strategy & Repositioning of Retail Properties at Twenty One Media GmbH. She explains her biggest learnings from the current crisis.

Special Issue “Solution Mode On”

We present our Online Special “Solution Mode On”.

OVER 16,258 SQ M OF NEW DEALS AT MERRY HILL IN 2022 CAPPED OFF BY LIDS REGIONAL DEBUT

Sovereign Centros has announced the opening of Lids, a leading global retailer specialising in licensed sports and fashion-oriented headwear and apparel, at retail and leisure destination Merry Hill. The regional debut caps off a successful period, with more than 16,258 sq m of new deals secured in the calendar year at the destination.

SIERRA ADHERES TO THE “PRINCIPLES FOR RESPONSIBLE INVESTMENT”

Sonae Sierra has formally adhered to the Principles for Responsible Investment (PRI), becoming a signatory to the principles that promote sustainable investment, through the integration of environmental, social and governance (ESG) criteria in investment decisions.

Spend time with us @ LYNK & Co Club Berlin

In the future, cities will have more green spaces than parking spaces for cars. New models of use such as subscription models or special leasing options are already being offered by some providers, the call for more efficient use of vehicles is becoming louder and louder.

KAUFLAND STRENGTHENS LOCAL RETAILERS IN SAARLAND, GERMANY WITH KEEPLOCAL VOUCHER

Just in time for the pre-Christmas season, Kaufland customers in Saarland can get a very special gift: The company is now offering the “KeepLocal voucher” in all Saarland stores.

UNION INVESTMENT ACQUIRES HYPERMARKET IN LISBON, PORTUGAL’S LARGEST SHOPPING CENTER

Union Investment has acquired the Continente Colombo hypermarket operated by food retailer Sonae MC in the Portuguese capital, Lisbon. The hypermarket possesses an extensive foyer featuring various service, retail, and restaurant units and covers a total area of 23,445 sq m.

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