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February 2, 2026

Hilee GmbH and INTERRA Immobilien AG have acquired the inner-city shopping center Palais Vest in Recklinghausen. Opened in 2014, the center is one of the leading retail locations in the northern Ruhr region and plays a defining, center-forming role within Recklinghausen’s city center.

NEINVER has announced the appointment of Natalie Schmidt as Retail Director, further strengthening one of the company’s strategic business areas. In her new role, Schmidt will report directly to Joan Rouras, NEINVER’s Leasing & Retail Director.

Third.i Group, the British division of Australian developer Third.i, has announced that Sainsbury’s will join its flagship Graphite Square regeneration scheme, as the site’s first commercial tenant. Sainsbury’s – one of the UK’s largest and oldest retail brands – has agreed a prime ground floor unit with excellent street frontage with direct access from the public realm on a substantial lease term.