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Kulturgesichter053 displayed on 15-meter shop window front at designer outlets Wolfsburg, Germany

Dennis Weilmann (Head of Culture of the City of Wolfsburg), Dirk Wöhler (initiator of the campaign #kulturgesichter053) and Michael Ernst (Center Manager designer outlets Wolfsburg) presented a 15-meter long shop window that highlights the faces of the regional culture scene.

redos sells Kaufpark Nickern in Dresden, Germany

The new owner of the shopping center, which is part of the Christie portfolio, is the investor Kurt Krieger.

Ingka Centres acquires Toronto shopping destination to be anchored by IKEA Canada’s first downtown store

The new store located at Yonge and Gerrard Street will bring the IKEA experience closer to urban residents.

Grosvenor Group sells 10% of Sonae Sierra

Grosvenor Group has sold a 10% share of Sonae Sierra, the multinational retail real estate company.

Mitiska REIM secures €123 million financing facility with Erste Group Bank AG for Romanian retail park portfolio

Mitiska REIM announced it has extended its relationship with Erste Group Bank AG by securing a €123 million senior debt facility for its entire retail park portfolio in Romania.

Redevco announces the opening of ‘Le 31’ in Lille, France

Rue de Béthune, in the city centre of Lille, France, is vibrating and coming to life as the town is finally set to reveal ‘Le 31’, the new venue long awaited by the people of Lille. ‘Le 31’ is ready to welcome its first visitors and introduce them to its range of shopping experiences and activities brought by strong, innovative concepts.

Wembley Park welcomes Amazon Fresh to its growing line-up of brands

Amazon Fresh has opened one of its first UK stores in London’s newest creative neighbourhood, Wembley Park. The 2,500 sq ft Amazon Fresh Wembley Park store is powered by Just Walk Out technology and offers a wide range of fresh produce and other products to appeal to customers.

The sports brand Joma opens its store at La Torre Outlet Zaragoza

On Thursday, March 25, Joma lands at La Torre Outlet Zaragoza at 4 p.m. to surprise sports lovers in its nearly 400-square-meter store. The leading sports brand in Spain and one of the main internationally starts with amazing opening promotions: an additional 20% on the outlet price of textile products and, also, with a raffle in which the first purchase may be free to participants.

Numerous Store Openings across Austria

SES kicks off the spring season with a strong and expansive start. Attractive retail locations are not only appealing to customers – they also draw in expanding retailers in search of the best locations. Once again, SES aims to demonstrate the validity of such a concept via its 2021 store offensive.

Fosse Park development takes shape ahead of phased opening

The Crown Estate is preparing to welcome shoppers and visitors to its new and improved Fosse Park in Leicester, as its retail and leisure extension completes.

People in move

Recruitments, promotions and appointments...

Hollister comes to Lago

The fashion label leases 400 sq m on the ground floor of the shopping center in Constance in the German state of Baden-Württemberg.

Primark recently opened at Cité Europe near Calais

The retailer’s first store located within a Carmila shopping center in France spans two floors and covers a gross leasable area of more than 6,000 sq m.

Fleur Abas strengthens Redevco Netherlands as Transaction Manager

Redevco has attracted Fleur Abas to strengthen the Redevco team as Transaction Manager for the Dutch market as of 1 February 2021.

How Mallcomm has responded to the impact of the global pandemic

The last 12 months have been a challenging time for all commercial real estate businesses across the globe. We’ve seen the opening and closing of retail, and a massive reduction in travel with a peak of 46% of people in employment working from home in April 2020.* Although this has resulted in businesses restructuring their operations and reducing CAPEX, it hasn’t stopped the real estate companies looking for ways to drive operational efficiencies and enhance the tenant and community experience by accelerating their digital transformation.

Chariot sales 4 retail parks in the highest volume retail transaction on the Polish market since beginning of COVID-19 pandemic

Chariot Top Group BV, a company managed by Griffin Real Estate, has sold 4 retail parks, completing the third and the last tranche of retail assets acquisition by EPP. It is the biggest transaction of the retail asset on the Polish real estate market in terms of volume since beginning of the pandemic.

Westfield Mall of the Netherlands officially opened

The largest retail destination in the Netherlands. A unique, fully covered shopping and experience mall of 117,000m².

New tenant in former Karstadt building in Munich’s OEZ mall

Redevco Germany has signed a lease for the former Karstadt building in the OEZ mall (“Olympia-Einkaufszentrum”) in Munich, Germany: SCHMID GmbH, Augsburg, is expected to open its first branch in the Bavarian capital as early as April this year.

A new CFO for MAS

MAS‘ Board appointed Irina Grigore as CFO and executive director. Grigore has 13-years of real estate and finance industry experience and was heading the finance function within the Group.

Installation of building technology and integrated FM for Rée Carré in Germany

Regular operations begun after opening of urban district in Offenburg.