THE LATEST PLACEMAKING NEWS
M7 Real Estate the pan-European investor and asset manager specialising in multi-tenanted regional real estate has, on behalf of M7 Real Estate Investment Partners VIII Propco Ltd (“M7 REIP VIII”), regeared a lease on c. 62,000 sq ft in the centre of St Helens, at Chalon Way with The Range.
Westfield announces that Global brand Nike will be joining along with other 19 great brands. These latest signings now place the Mall at 90% pre-let, 2 months before opening.
The new Zara Home store concept offers customers a unique experience when they come in to discover its collections. The idea at the heart of the new design, whose rollout began this week at the Plaza de Lugo store in A Coruña, is to create an enjoyable visit to a home that prioritises sustainability and comfort, in which beauty, technology and well-being meld together.
Three new stores have opened at The Churchill Shopping Centre in Dudley, heralding an exciting start for 2021 for local shoppers. Cakebox, which specialises in freshly baked egg-free cakes, cupcakes and celebration cakes, has agreed a 10-year lease for unit 9, while discount retailer MaxiSaver has opened a 5,380 sq ft store in units 10-12.
Greenman OPEN has entered into a €46 million framework agreement with Schroder Holding GmbH, a German developer, securing the rights to acquire seven new standalone EDEKA markets.
Recruitments, promotions and appointments...
Laura Jauhiainen, CFA, has been appointed as Vice President, Strategy and Investor Relations at Citycon as of 1 January 2021. In this role, she will lead Citycon’s new strategy function and support Citycon’s strategic transformation further towards a mixed-use real estate portfolio combining modern retail with residential, office and municipal service space.
Core office and retail space in the new Carlsberg City district.
British Land is pleased to announce that Bhavesh Mistry has been appointed Chief Financial Officer. Bhavesh is currently Deputy Chief Financial Officer at Tesco PLC, a position he has held for over two years.
The developer and investment group Crestyl presented to the public an offer to the Capital of Prague for the installation of Alfons Mucha’s Slav Epic in the Savarin project for an estimated period of 25 years.
Multi Germany wins mandate for centre management of Römerpassage Mainz.
The Mercers’ Company announced that experiential art gallery, founded by Hercules Fisherman has launched its debut exhibition, ‘Our Wonderful Culture’, in Covent Garden.
James Lenton has informed the Board of his wish to step down from his role as Chief Financial Officer.
Rynek Retail Park, the investor and developer of which is Zawiercie Retail Park, was opened in the largest commercial area of the city.
Evolve Estates, the national commercial property investment company, has begun 2021 on a strong footing, acquiring Swanley Square retail centre in Sevenoaks, Kent.
In the course of its first ESG rating, SIGNA Prime Selection AG has achieved a first-class rating (“low risk”) by the prestigious Sustainalytics rating agency.
Ecoalf opened its doors on the 29th December. The Spanish firm is thus opening its second point of sale in the Andalusian city, and the first one to include a collection for women.
Landsec has completed 26 deals with 21 brands in the last ten months across four of its outlet malls, Gunwharf Quays, Braintree Village, Clarks Village and Junction 32. Totalling over 48,000 sq ft, the signings include three relocations and two upsizes, and feature a number of premium brands, such as Kate Spade, Calvin Klein, Tommy Hilfiger and Penhaligon’s.
After the successful launch of an e-charging network in January 2020, SPAR Hungary continues to expand its nationwide network in cooperation with partner NKM Mobilitás Kft. This is another example of SPAR Hungary implementing innovative solutions that contribute to environmental sustainability and provide high-quality service to customers.
Vastned, the listed European retail property company focusing on ‘venues for premium shopping’, announced the Vastned Green Finance Framework, and has agreed a new committed Green Revolving Credit Facility under this framework of € 40 million, in which ABN AMRO and Rabobank each participate for € 20 million.