January 10, 2022

Since the beginning of the pandemic, the message to the UK has been to shop local and support your community during the incredibly difficult period that we all faced. Even as town and city centers began to open up again, independent retailers have maintained their position in the spotlight of the retail industry, be it bricks and mortar or online.

Redevco has appointed Marrit Laning to the company’s Board in the role of Chief Strategy and Innovation Officer, reporting to CEO Andrew Vaughan. She will help drive the diversification of Redevco’s portfolio across property sectors and its investment strategies in the transformation of mixed-use urban areas.

After months of speculation in London about who would acquire the iconic Oxford Street department store, the deal is now sealed: Thailand’s Central Group and Austrian investor René Benko’s real estate group Signa Holdings have bought Selfridges Group for around four billion pounds. Central and Signa will each acquire 50 percent of the luxury department store group.

In view of the exponential worsening of the pandemic situation worldwide and the accompanying tightened travel and contact regulations, the consumer goods fairs Christmasworld, Paperworld and Creativeworld planned for January 2022 and Ambiente for mid-February 2022 are cancelled. There are no plans to postpone the events.

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