THE LATEST RETAIL REAL ESTATE NEWS

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Appointment of Chief Investment Officer

intu announces Dushyant Sangar as Chief Investment Officer.

Colosseum Mall Signs New Tenants

Colosseum Centre, located in the north-western part of Bucharest, district 1, has attracted new fashion, leisure and food court tenants, as part of the extension plan of the commercial centre. As the construction work progresses, many tenants are interested to join Colosseum Mall. This trend is sustained by the strong performance of the existing Colosseum Centre which has given brands a great opportunity to develop their businesses in district 1, Bucharest.

REBEC will take place from June 17 to 19, 2019 in Belgrade

The event’s slogan is „United Differences“.

Coming soon: MIPIM PropTech Europe

The 2019 edition of Europe’s leading proptech event will take place on July 1 to 2 in Paris (photo).

Final permit for the development of Amsterdam The Style Outlets

Neptune, a joint venture between Neinver and Nuveen Real Estate, has obtained the final irrevocable permit for the project in the Netherlands.

The Crown Estate welcomed H&M Home to Regent Street

The Crown Estate’s Regent Street welcomed H&M Home with the opening of its Concept Store, creating a new interior and lifestyle retail destination for London‘s West End.

Schultheiss Quartier’s seasonal sparkle

Schultheiss Quartier is a shopping center in the Moabit district of Berlin.

Actual data from Romania

The modern retail stock in Bucharest remained constant in 2018, at 1.2 million sq m. This level is 7% higher than in the Central-West region of the country, which reached 1,18 million sq m, and double the stock of the region of Moldova, which reaches 595,000 sq m.

Ceetrus consulted Piaseczno‘s residents

The representatives of the investor presented a project of transforming Auchan Piaseczno in central Poland into a modern, multi-functional shopping facility.

Citycon with new Chief Development Officer

Erik Lennhammar has been appointed Citycon Oyj’s Chief Development Officer and member of the Corporate Management Committee.

Chapman Taylor designs mixed-use district near Lisbon

Chapman Taylor, in collaboration with local architects Boost Architecture Studio, is currently designing Cinco District, a new office, F&B and hotel development at Carnaxide, near Lisbon in Portugal.

Oliver Borg appointed new Regional Director Germany of Metro Properties

Effective April 10, 2019, Oliver Borg has been appointed new Regional Director Germany of Metro Properties. He took over this position in addition to his current responsibilities as Director Project Development.

Akropole in Riga opened

Recently the shopping and entertainment center Akropole in Riga on Maskavas Street 257 celebrated its grand opening.

Immofinanz: Two new members recommended for the Supervisory Board

The Supervisory Board of Immofinanz will make a proposal to shareholders at the 26th annual general meeting on May 22, 2019, which calls for the election of Bettina Breiteneder (photo) and Sven Bienert to the Supervisory Board.

Galeria Mlociny will open on May 23, 2019

One of the biggest shopping and entertainment venues in Warsaw is now being finished in the capital city’s Bielany district.

HB Reavis announces new CFO

Martin Miklas was named the new CFO of HB Reavis. He took this position over from CEO Marian Herman, who had kept these responsibilities even after becoming CEO last year.

Edinburgh St James welcomes Zara

Recently Edinburgh St James has signed four brands from global retail group Inditex, including fashion powerhouse Zara, to form part of the retail offering at the 158,000 m sq m mixed-use development at the heart of the Scottish capital.

McArthurGlen starts work on Europe’s largest living wall installation at Ashford Designer Outlet

McArthurGlen Designer Outlet Ashford announced that work has started on Europe’s largest living wall installation, which forms part of the centre’s £90 million expansion. Made up of approximately 120,000 plants, the 25,000 sq. ft. living wall installation is set to create a striking atmosphere in the centre, with beautiful vertical gardens covering the walls of the new entry promenade, various walkways and many of the new stores.

Sonae Sierra avoids operating costs of 25 million euros in 2018 thanks to its sustainability measures

​Sonae Sierra’s financial and operational results in 2018 reveal its solid performance and the successful implementation of its strategy. Likewise, the company has demonstrated its capacity to creating shared value by addressing sustainability issues while getting good financial results.

BRIGHTON’S HANNINGTONS LANE IS NOW OPEN

Hanningtons Lane has opened to the public and visitors are able to walk down Brighton’s newest Lane for the very first time. Redevco and its main contractor Westridge have been working hard on the creation of the city’s new retail and cultural quarter for two years and retailers are now starting to move in and fit our their stores.