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December 17, 2025

Driven by dense urban conditions in Asia’s megacities, malls are more often designed vertically rather than horizontally. Liliya Shaykhutdinova explores, how the world’s most successful vertical malls turn height into a strategic advantage – and make going up part of the experience.

With a stable footfall, successful leasing activity and consistent developments, Berlin’s Gropius Passagen concludes a truly successful year in December – with plans already in motion to achieve strategic goals in 2026.

NEPI Rockcastle NV, Europe’s third largest listed retail real estate company by portfolio value, has appointed Marius Barbu as Chief Operating Officer (COO) with effect from 1st April 2026, to succeed Marek Noetzel, current COO and CEO-designate.

Malte Wallschläger will take over as Head of Asset Management Europe at Union Investment Real Estate GmbH, Hamburg, on 1 January 2026. He will succeed Cathrin Schwartz, who has successfully managed this division for 13 years and will retire on 1 March 2026 after 21 years with the company.