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Management

LATEST TRENDS AND PROGRESSES IN ASSET AND CENTER MANAGEMENT

Meadowhall has announced the openings of MINISO and TK Maxx, as the destination concludes a strong year of leasing activity and retail performance. These additions follow several major openings in 2025, including Sephora, Superdrug, and Wingstop, which achieved its most successful launch of any location in the country.

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.

Glasgow’s leading retail and leisure destination, Silverburn has landed a top award at this year’s REVO’s, the UK’s leading awards dedicated to recognising and celebrating talent within the retail, leisure and placemaking property sector.

ECE Marketplaces is reshaping its executive leadership: Effective 1 January 2026, Jan Lorenz will join the management board of the shopping center operator. In addition, Robert Heinemann will transfer from ECE Group Services to ECE Marketplaces in his role as Managing Director.

During its meeting on December 3, Unibail-Rodamco-Westfield’s Supervisory Board appointed Kathleen Verelst as Chief Investment Officer (CIO) and a member of the URW Management Board – recommended by the Group’s Governance, Nomination and Remuneration Committee (“GNRC”). The new appointment comes into effect on January 1, 2026.

Cenomi Centers, the leading owner, operator and developer of contemporary lifestyle and retail destinations in Saudi Arabia, today announced the official rebranding of its Nakheel Dammam Mall to Westfield Dammam – strengthening the centre’s position as a leading retail and leisure destination in the Kingdom, home to 292 stores and over 58,000 square meters of gross leasable area.

One of Europe’s key outlet players, NEINVER, shares strong performance in Q3 report across its entire outlet center portfolio. Overall brand sales results show an increase of 5% compared to last year’s data.

Starting from January 1, 2026, HBB Centermanagement GmbH & Co. KG will take over both the center and leasing management for LOOP5 in Weiterstadt, Germany. The center management company has already been supporting the shopping center’s leasing activities since early September this year.

One of Europe’s most significant privately owned real estate companies, Redevco is strengthening its retail real estate arm by acquiring the 10,000 sqm large Vimbuch Center in Bühl, Germany. The retail destination is now revitalized and fully leased to REWE, Penny, Rossman and 11 other tenants for long-term.

Westfield Shopping City Süd (SCS) demonstrates what the future of shopping centers looks like: Top international brands, nationwide store premieres, and an expanded premium segment meet a new entertainment area featuring bowling lanes, escape rooms, karaoke, and arcade games. A culinary offering ranging from iconic US burgers to French bakery artistry and Thai brunch creations is added to the mix. The result: a destination that no longer only attracts people for shopping, but brings together visitors of all generations more often, for longer, and in more diverse ways – setting new benchmarks for footfall.