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Credit: Futureal Group

Futureal concludes new financing agreement for Etele Plaza

Futureal, the owner of the Etele Plaza shopping and entertainment centre, has agreed with a consortium of three banks to refinance its existing loans and provide a new credit facility. The pan-European property developer has signed a €165 million loan agreement with a consortium comprising Erste Bank Hungary Zrt., Erste Group Bank AG and UniCredit Bank Hungary Zrt.

Photo by Josef Stepanek on Unsplash

Humanic Sold to Slovenian Investor Group

A surprise move in the retail sector: Austria’s Leder & Schuh AG, best known for its flagship brand Humanic, has been sold to the Slovenian investment firm Advance Capital Partners. Despite the change in ownership, the company’s headquarters for its 210 stores and 1,700 employees will remain in Graz, Austria.

credit: IPH

IPH Group continues strong Growth in Center Management

IPH Group is continuing to expand its growth trajectory in the field of center management. Key to this are two new mandates as well as the long-term extension of three existing ones. As a result, the number of shopping centers managed by IPH will increase to 22 by the beginning of 2026.

credit: Westfield

Gropius Passagen, Berlin acquired by Hayfin

Berlin’s largest shopping centre, Gropius Passagen has just been acquired by Hayfin from Nuveen and Unibail-Rodamco-Westfield. The centre is a highly important retail destination in Neukölln, Berlin, Germany, with an approximately 95.000 sqm lettable space, around 150 tenants.

Portrait credit: Kirchgasser Photography Photo credit: Olaf Kitzig Design

Thomas Bühner brings new restaurant concept to Westfield Hamburg-Überseequartier

Internationally renowned top chef Thomas Bühner is opening a new dining concept at Westfield Hamburg-Überseequartier – right on the waterfront with a view of the river Elbe. Unlike his restaurants in Düsseldorf and Taipei, the focus in Hamburg is not on fine dining, but on a modern, cosmopolitan all-day dining and bar experience that emphasizes accessibility and joie de vivre.
With this step, Bühner is consciously opening a new chapter – straightforward, inspiring and with international spirit. The opening is planned for the first half of 2026. Further details on the concept will follow – but one thing is already clear: Hamburg can look forward to a new culinary narrative.