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THE LATEST PLACEMAKING NEWS

Hammerson has exchanged unconditional contracts on the portfolio sale of its seven retail park assets to Brookfield for £330m cash proceeds, representing an 8% discount to the 31 December 2020 book value of £357m. This transaction concludes Hammerson’s exit from the UK retail parks sector.

Primark’s new flagship store in Forum Rotterdam, developed and managed by Multi Corporation, has opened its doors. The store, which has created more than 300 new jobs, is Primark’s 21st store in the Netherlands and 392nd globally.

Deutsche Investment just acquired the Rödertalpark” retail warehouse park of around 15,560 sqm in Grossröhrsdorf (Saxony, Germany) for its latest separate asset pool, “Deutsche Investment – Food Retail I.”

Recruitments, promotions and appointments…

Reed Midem recently announced that the event will take place on September 14 and 15, 2021 at a new location in Milan–the Superstudio Maxi.

With the much-anticipated reopening of non-essential shops finally here, businesses will be welcoming locals back into their stores. For one street in Poole, the 2021 easing of lockdown is particularly exciting: Poole’s Kingland Crescent has been completely revamped as part of LGIM Real Assets strategy to re-invent and re-position their retail places.

The exhibition of painter Velimir Ilišević entitled „Striking roots“ is opened in the gallery space LAG within Galerija Belgrade. The series of paintings is a summary of Ilišević’s reflections on painting, while the choice of motifs symbolizes development and indicates his future achievements.