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THE LATEST PLACEMAKING NEWS

First half of 2020 saw a record high investment activity with EUR 3.5 billion of investment transactions closed, including pending transactions at final stage. Although this has been a 30% better result than during the corresponding period last year, achieving this year a similar result to record-breaking volume of EUR 7.8 billion registered last year may be difficult – according to Avison Young.

Neucölln Carrée in Berlin changes ownership. Union Investment acquired the centrally located local supply center in Berlin’s Neukölln district (on the corner of Sonnenalle and Grenzallee) with a leasable of 13,364 sq m and 14 shop units for its institutional real estate fund.

The opening of Colosseum Mall in Bucharest, initially planned for the end of this year, is rescheduled for 2021, considering the unpredictability of the business environment under the impact of Covid-19 pandemic.

centre:mk has announced that Dune London, the footwear and accessories brand, launched its latest store and first to open post-lockdown, at 31 Silbury Arcade. As one of the UK’s top 10 shopping centres, centre:mk welcomes the footwear retailer alongside over 120 stores that have now reopened since 15 June, including John Lewis.

The Management Spokesman of Zentraler Immobilien Ausschuss (ZIA), the central association of the real estate industry, will start working for project developer ECE in Hamburg on September 1, 2020.

One ticket for three leisure destinations: Enjoy your summer at Autostadt, phaeno, and designer outlets Wolfsburg. On July 6, 2020, the erlebnisreif-partners Michael Ernst (Center Manager of designer outlets Wolfsburg), Claudius Colsman (Member of the Management Team of Autostadt Wolfsburg), and Michel Junge (Managing Director of Science Centers phaeton) launched two special trains in Hanover.