April 2022

Grosvenor has welcomed Timothy Oulton, the British furniture company noted for its traditional handcraftsmanship, to Liverpool ONE. The 297 sq m gallery, located on Peter’s Lane, has opened its first standalone space in the north of England.

The fashion company Pull&Bear, a brand of the Spanish Inditex Group, opened a flagship store in the leisure and shopping center on Berlin’s Alexanderplatz. It is the second store of the fashion brand in Berlin and the first store in a Berlin shopping center.

Property developer and asset manager, Sovereign Centros, has submitted a planning application outlining its masterplan proposals for the reimagination of St. Enoch Center in Glasgow. The mixed-use development puts focus on retail, leisure, entertainment, hotel, offices, and city center living.

Potsdamer Platz in Berlin will become an arcade game haven this summer. Gamestate will launch an entertainment center inside the Arkaden mall, which will open as a high-street venue after a two-year period of restructuring and modernizing.

Today, the expanded part of the Supernova Ljubljana Rudnik shopping center was opened. The investment in the extension amounted to €70 million. The center now covers 50,000 sq m and includes 109 stores, 50 of which are new, 7 cinemas, 19 restaurants and bars on two floors with terraces, 2 indoor amusement parks, outdoor playgrounds, a fitness center, and 2,552 parking spaces, including 1,800 in the parking garage.

Unibail-Rodamco-Westfield (URW) brings Culturespaces on board as the key partner for the mixed-use quarter’s art, culture, and edutainment segment. With Port des Lumières, Culturespaces will open a branch of its digital art center in Westfield Hamburg-Überseequartier, which will cover an area of around 3,100 sq m.

In times of unpredictability, marketing spending is usually the first candidate for budget cuts. Marketing management in the commercial real estate sector must be highly focussed on the issues that are fundamental to the business of property owners which directly contributes to increasing their value.

JLL’s new management board is made up of a team of leaders featured with cross-sectional competences, and experience spanning both the real estate market and other sectors.

After a successful first quarter of 2022 with steadily growing visitor numbers, the FLAIR urban experience center is celebrating the completion of its food hall and the opening of the only consumer electronics store in Fürth.

Ulrike Gehmacher has taken over the sustainability agendas of Immofinanz as the Head of Group ESG. In this role, she has been responsible for the group-wide coordination and implementation of the company’s sustainability strategy since the beginning of February 2022, leading a cross-functional ESG committee that implements a sustainable value chain in the company.

This time, our recurring online event, ACROSS Retail Talks, this time, took a close look at what food anchors mean for the profitability of a location’s success, how the collaboration between the involved stakeholders works, and why flexibility is not only the key learning from the pandemic, but also the key strategy for the future.

Mitiska REIM announced the acquisition of Makado Beek retail center from Syntrus Achmea, on behalf of the First Retail International 2 Fund (FRI 2) and in partnership with local co-investment partner and asset manager 3W Real Estate. It is one of the largest retail centers in the Netherlands, attracting over 3 million visitors per year.

Real estate investor Altera Vastgoed (Altera) has added Okay Fashion to the district shopping center Zwolle Zuid. Approximately 285 sq m have been leased to the women’s and men’s fashion chain for a long-term period.

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