THE LATEST PLACEMAKING NEWS
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As strategic partner, the Hahn Group has accompanied the acquisition of the Krohnstieg Center by a special fund affiliated with Ampega Investment GmbH. The seller of the property is Hamburg-based HBB, with iMallinvest Europe GmbH acting as the transaction advisor.
One of the most important lessons the retail real estate industry can learn from the pandemic is to recognize the importance of omnichannel and big data. Investing in digital solutions can provide a competitive advantage and better results for both landlords and tenants.
Katrin Bergsteiner has taken up the position of Director of Finance Austria & Germany at Unibail- Rodamco-Westfield (URW). In addition, the finance and tax expert has become a member of URW's Country Management Team Austria & Germany.
Mitiska REIM announced the completion of transforming the Retail Centre De Lely, located in the Dutch city of Arnhem. Acquired in July 2018, a 30-month value-add programme has now been completed which has remodeled the look, layout, and tenant mix of the convenience center.
Landsec has announced the opening of Nike Unite Portsmouth, the brand’s community-focused concept with the aim to connect people with sport, at Gunwharf Quays in Portsmouth, England.
The ACROSS Magazine welcomes business editor Anne-Kathrin Velten as its new editor in chief.
Flannels and H&M have committed to opening their Irish flagship stores at Clerys Quarter. The development is due to open in Q4 2022, with an extensive food and beverage offering to complement retail units and Grade A offices.
Altera Vastgoed sold its property on Kaap de Goede Hooplaan in Utrecht to an abrdn fund.
The German company Peek & Cloppenburg, with its headquarter in Düsseldorf, moves into the new Westland Shopping Center in Anderlecht, Belgium.
Neinver has obtained a BREEAM In-Use certification for Factory Gliwice–the latest of its outlets to open in Poland–and with this, its entire Polish portfolio is now officially certified.
Real estate investor Altera Vastgoed announces the arrival of Jeroen Post.
Landsec has announced the appointment of Remco Simon to its executive leadership team in the newly created role of Managing Director–Strategy and Capital Markets. The role will report directly into CEO Mark Allan.
FCR Immobilien AG expands its portfolio with the purchases of two fully leased specialty stores in Lügde (North Rhine-Westphalia) and Zeithain (Saxony).
LCP has appointed Ben Chislett as UK head of retail after they invested more than €323 million in retail assets, from local convenience parades to regional centers, in 2021.
A new Youseum venue is set to open at Westfield Centro in Oberhausen this fall, expanding their portfolio in Europe. The social media experience will cover more than 1,000 sq m.
The Czech retail market and physical retail segment remain attractive for retail brands, as the arrival of 38 new international brands last year confirms: this is the highest number in the last three years.
The project is developed by HG Invest in cooperation with FOC Retail Service GmbH and Outlet Evolution Services. On an area of more than 20,000 sq m, 70 shops and several hundred new jobs will be created in two phases. Its first phase will be opened in 2023, phase two is scheduled for 2026.
The Austrian furniture group XXXLutz continues its European shopping spree Europe and takes over the Swiss discount furniture chain Lipo with more than 600 employees from its competitor Steinhoff. The acquisition includes all of the chain’s 23 furniture stores in Switzerland. Lutz announced on Monday that it had agreed not to disclose the sales price. The deal is subject to approval by the relevant antitrust authorities.
Since the beginning of the pandemic, the message to the UK has been to shop local and support your community during the incredibly difficult period that we all faced. Even as town and city centers began to open up again, independent retailers have maintained their position in the spotlight of the retail industry, be it bricks and mortar or online.