THE LATEST PLACEMAKING NEWS

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EXPO REAL—safe and diverse

EXPO REAL is experiencing a strong tailwind from a successful IAA Mobility, which proved that Messe München's hygiene and safety concept works.

H&M extends lease in WILMA and brings second H&M Home to Berlin

H&M and Unibail-Rodamco-Westfield (URW) Germany are sending a strong signal for offline retail, for Berlin and for WILMA in Berlin Charlottenburg-Wilmersdorf: The Swedish textile retailer H&M extends its current lease in the shopping center for the long term and also increases the sales area.

The European Council of Shopping Places welcomes safe asset group as risk management partner

European Council of Shopping Places (ECSP) and SAFE Asset Group are joining forces as of September 2021 to partner a future focus on managing risk within the retail property sector. Their relationship will result in the sharing of information and best practice on risk management and operational resilience to ECSP members based on SAFE’s world-class experience and expertise.

UKCM acquires Trafford Retail Park near Manchester for £33 million

14 September 2021: UK Commercial Property REIT Limited (“UKCM” or the “Company”), which owns a diversified portfolio of high-quality UK commercial property, announces that it has acquired Trafford Retail Park, near Manchester, from Peel L&P for £33 million.

Lars Larsen Group strengthens the retail organisation

As of 1 September 2022, current President & CEO of JYSK, Jan Bøgh, will take up a new position as President & CEO of Lars Larsen Group Retail.

Forbes Cloud 100: Yardi makes list again

Yardi has been named for the sixth time to the Forbes Cloud 100, the definitive list of the top 100 private cloud companies in the world. Yardi was a member of the inaugural Cloud 100 in 2016, landed at No. 34 for 2020, and is No. 50 this year.

Second year running – MK Illumination Sweden is nominated for prestigious design award

Svenska Designpriset (the Swedish Design Prize) was established in 2005 and is one of Sweden's most well-established and prestigious competitions for visual communication, design and identity. The purpose is to promote and develop Swedish design and communication.

Boxpark gears up for national growth with investment

Boxpark announces securing an investment from leading mid-market private equity firm Lloyds Development Capital (LDC) to help accelerate its national expansion plans.

Nivy Station: Opening on September 30, 2021

HB Reavis announced when Nivy Station in Bratislava will open its doors. It will be Thursday, September 30, 2021. One of the project’s highlights is the 12,000 sq m green roof.

Hines announces lease with Marc O'Polo in Vienna

Hines has won the lifestyle brand Marc O'Polo as a new tenant for the residential and commercial building at Kärntner Street 9 in Vienna. The first store in the new the Scandinavian Studio concept will occupy 200 square metres at the prime site and open its doors at the end of September. Together with the already opened flagship boutique Nespresso Atelier, the retail space at the location is now fully leased.

Patrizia divests portfolio of 12 German retail parks

On September 9, 2021, Patrizia AG has disposed of a portfolio of retail parks located across Western Germany. The portfolio, comprised of 12 established retail assets totaling around 180,000 sq m, has been sold on behalf of clients to MEAG, the asset manager for Munich Re and Ergo.

Ellandi welcomes Herman Kok as its new Head of Research and Analytics

Herman will lead Ellandi’s Research & Analytics department, creating data driven insights on shopper behaviour and location trends, and overseeing all research supporting Ellandi’s strategic, investment, capital raising, and project decisions.

Evolve Estates seals deal on another popular convenience parade acquisition

Evolve Estates has acquired another shopping parade, signing a deal for a popular retail centre in the heart of Leighton Buzzard, Bedfordshire.

Sara Wood has been appointed as a Board Counsellor for The Crown Estate

Sara Wood has been appointed as a Board Counsellor for The Crown Estate with effect from 1 July 2021.

Gap launches its first Hungarian store in Etele Plaza Through Franchise Partnership

Gap, the American casual clothing and accessories brand, announces its entry into the Hungarian market through a franchise partnership with Ganeta Pannónia Kft. The brand will be introduced to customers through Gap-branded stores in the country, beginning with the opening of a Gap freestanding store in Etele Plaza September 2021.

Orchard Street receives planning approval to transform former Debenhams store into student-led mixed-use scheme

Orchard Street Investment Management announces that it has received planning permission from Leeds City Council to transform the former Debenhams store on Briggate, Leeds, into a new mixed-use asset.

SES Receives Award from the Federal Ministry

At the end of August, Climate Protection Minister Leonore Gewessler presented awards to exemplary “klimaaktiv mobil Project Partners” in Vienna. SES Spar European Shopping Centers was recognized for its installation of e-charging stations at shopping centers located throughout Austria. In addition to the current 126 charging stations, SES intends to install an additional 21 charging points over the course of the next few months. At EUROPARK Salzburg alone, for example, the existing 12 charging stations will be increased to 18 by 2022 to meet growing demand.

Ulrika Danielsson appointed as the new CFO of Atrium Ljungberg

Ulrika Danielsson will become the new CFO in November, 2021. She joins the company from Castellum, where she was the Director of Economics and Finance.

Westgate launches two new sports stores

This August, sport equipment stores 4F and Sport Vision opened their stores in Westgate Shopping Center, rounding out the sports and recreational offer to a total of seven sports shops at this family shopping and entertainment center in Croatia.

In-person networking returns to Cannes as real estate industry gathers for MIPIM September Edition 2021

The unique MIPIM September Edition has seen the return of the international real estate, investor and political community to Cannes for in-person networking, exhibition space, events and awards.