THE LATEST RETAIL REAL ESTATE NEWS

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Unibail-Rodamco-Westfield continues to push for qualitative optimisation of its portfolio in Germany in 2020

With NordWestZentrum in Frankfurt, Breunigerland Sindelfingen and Breuningerland Ludwigsburg, Unibail-Rodamco-Westfield (URW) secured three important asset management mandates in 2019, thereby strengthening its portfolio in Germany. In addition, the real estate developer and operator completed major modernisation projects in Schönhauser Allee Arcaden in Berlin and Centro in Oberhausen and reached important milestones in Westfield Hamburg-Überseequartier development project. In 2020, URW intends to continue to strategically develop its portfolio and focus on urban district development and the expansion of digital infrastructures.

Inditex is donating €8.5 million to Caritas to support social employment and circular economy initiatives in Spain

On the social employment front, the programme has already enabled more than 2,500 people at risk of social exclusion in Spain to find work thanks to the €11.5 million earmarked to this project by Inditex since 2011.

New Group Managing Director for SevenCapital

Leading UK property investment and development company SevenCapital has appointed Damien Siviter in a newly formed position of Group Managing Director.

Landsec announces 139,900 sq ft of deals across its retail portfolio

Landsec has signed deals with 25 brands totaling 139,900 sq ft across its retail destinations. From September 2019, retailers joining Landsec schemes include Decathlon, Zara and Radley.

Debenhams appoints Abigail Comber as Chief Marketing Officer

Debenhams announces that Abigail Comber is joining the Group on 7 January 2020 as Chief Marketing Officer (CMO).

Newsec Property Asset Management Hires COO with solid Industry Background

Over the past years, Newsec Property Asset Management has grown rapidly mainly through acquisitions. This growth journey is expected to continue and Newsec therefore hires Rikard Nyhrén as Chief Operating Officer, COO.

Unibail-Rodamco-Westfield unveiled the ‘Westfield How We Shop: The Next Decade’ Report

The report explores how consumers across Europe will be shopping by 2029.

ECE founds subsidiary in China

ECE has founded a subsidiary in China, the ECE Shanghai Co., Ltd., to further expand its existing activities in architectural and planning services for shopping centers in the country.

Altera appoints Ellen Tak-Zwetheul as member of the management team

Dutch real estate investor Altera Vastgoed appoints Ellen Tak-Zwetheul as head of Research & Strategy and member of the management team.

Origo Shopping Centre earns BREEAM Certificates with excellent evaluation

The emerging “Origo One” business centre and the “Origo” shopping centre, which is currently undergoing a major expansion, have both received a certificate of commendation from the world’s leading building sustainability evaluation method, the British Research Establishment Environmental Assessment Method (BREEAM).

redos Group appoints Timo Singer as Head of Portfolio Management

Hamburg-based redos Group has strengthened its head office management team with the addition of Timo Singer (44), who has been appointed Head of Portfolio Management with effect from mid-January.

EPP nominates Tomasz Trzósło as new CEO

The Board of Directors of EPP has announced that it will nominate Tomasz Trzósło for appointment as CEO to succeed Hadley Dean, whose term of office is due to expire. Tomasz Trzósło is expected to assume his role in May 2020.

Clear Channel UK partners with Hammerson

Clear Channel announced a new partnership with Hammerson. Following a competitive tender, Clear Channel was awarded the contract for a portfolio of 223 full motion digital advertising screens across Hammerson’s 12 flagship destinations in the UK, which include Bullring & Grand Central, Brent Cross, and Cabot Circus.

Cushman & Wakefield Poland appoints new Head of Retail Agency

Beata Kokeli has been named as Head of Retail Agency of global real estate services firm Cushman & Wakefield Poland.

M1 Adana Shopping Centre recognized with the Sign of the City Award 2019

The Turkish shopping centre M1 Adana, which is owned by METRO PROPERTIES and Fiba Group, was recognized with the Sign of the City Award 2019 in the category "Best Shopping Center” on the occasion of the RE360 Real Estate Conference in Istanbul.

Walter Seib the new chairman of the FoodService Institute Netherlands

Walter Seib will become chairman of the FoodService Institute Netherlands (FSIN), taking over the chairman's hammer from Paul Bringmann at the organisation’s annual conference in Amsterdam.

Kennedy Wilson completes $81 Million sale of ten-property Spanish retail portfolio

Global real estate investment company Kennedy Wilson has completed the sale of ten wholly owned Spanish retail properties for $81 million to Barings, a global investment management firm.

Patrizia hires new Head of Asset Management South-West Europe

Alberto González de las Heras now leads asset management in France, Italy, Portugal and Spain.

Liverpool One celebrates christmas succes & record year

Liverpool ONE is celebrating the close of a successful festive period, with figures showing a 5% increase in sales during the period compared to 2018, defying widespread industry declines.

Capital & Regional strengthens leasing team with new appointment

Capital & Regional, the UK’s leading owner manager of community shopping centres, has strengthened its leasing team with the appointment of Jocelyn Holmes.