April 2022

LaSalle Investment Management has acquired two outlet centers in the United Kingdom, McArthurGlen Designer Outlet Cheshire Oaks and McArthurGlen Designer Outlet Swindon, for £600 million from Nuveen Real Estate.

Until recently, the main source of income for the owners of commercial real estate was the rental of premises and, to a more marginal extent; commercial stands or ‘Islands’. An active attitude by the property manager, however, can provide additional monetization. The provision of quality advertising exposures increases the long-term value of real estate assets.

The Icon Outlet at The O2 in London is to re-open the last remaining stores this Friday, 10 weeks after the extensive damage to the roof which was caused by Storm Eunice in February.

During the Kern Annual Congress in the Q-Factory in Amsterdam, the ‘Groningen Grote Markt Oostzijde’ project, submitted by the Municipality of Groningen, VolkerWessels Vastgoed, and MWPO, was declared the winner of the Kern Award 2022 by jury chairman René Vierkant.

One year ago, the long-standing chairman of the Austrian Council of Shopping Places (ACSP), Stephan Mayer-Heinisch, announced his retirement after 21 successful years. His long-standing deputy, Christoph Andexlinger took over the function of the chairman, for which he had already been elected last year, as planned during the General Assembly.

For almost 45 years, the shopping center southwest of Cologne with around 150 stores has enjoyed sustained popularity. On behalf of Deka Immobilien Investment GmbH, kplus konzept developed a new design concept for the center’s public areas.

The retail destination centre:mk Milton Keynes in the UK has been recognized for its sustainability achievements over the last 24 months with a Green World Award. The Green Apple Awards enable companies and organizations to win environmental recognition not only for themselves, but also for their countries.

Newsec launches a new initiative, Newsec Digital Accelerator, to further enhance the position within digitalization and sustainability. Christoffer Börjesson is appointed to head up and continue developing this strategy.

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