THE LATEST RETAIL REAL ESTATE NEWS

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"dress for less" and "Saks OFF 5th" are merging

A new growth concept for the off-price business sector: the multi-channel designer outlets "dress for less" and "Saks OFF 5th" are merging.

EBRD and EU support Novus’s investments in energy efficient technologies

Novus’s branding is recognisable to customers in Ukraine from afar. The supermarket chain’s corporate colour is bright green – and with good reason.

JLL appoints Sabine Eckhardt as CEO Central Europe

Marketing and sales expert takes over expanded executive position in international real estate services group.

Grosvenor Appoints First Director of Sustainability & Innovation

In the first appointment by new CEO James Raynor, Tor Burrows has been selected as Director of Sustainability and Innovation for Grosvenor Britain & Ireland.

Staging connects: umdasch presents itself holistically connected at the EuroShop 2020

umdasch The Store Makers will be presenting new perspectives for the retail of the future on a stage of over 900 sq m at this year’s EuroShop in Dusseldorf from 16 to 20 February (Hall 12, Stand C55).

Yurdaer Kahraman joins ACROSS Advisory Board

The ACROSS Advisory Board is happy to announce its latest addition and welcomes Yurdaer Kahraman as its new member.

intu Costa del Sol gets green light

intu announced that it has been awarded a General ‘PGOU’ License (Plan General de Ordenación Urbana) for its ground-up development intu Costa del Sol.

GPEP launches food retail fund with 68 properties

Institutional fund incepted by HANSAINVEST Hanseatische Investment-GmbH invests in discount stores, supermarkets, retail centres and retail parks in Germany.

Primark has announced new store locations

Following a rise in sales over November and December high street retailer Primark has announced it will be expanding with 18 new stores to come this financial year.

Galeria Wiślanka, or how to use the commercial potential of smaller Polish cities

Galeria Wiślanka, which is being built in Żory and whose construction started in the middle of this year, has already been leased in approximately 80 percent.

HI-MACS lights up a Retail Park's façade in Edinburgh

Leonard Design Architects have been involved in a major upgrade for Fort Kinnaird´s Retail Park in Edinburgh by creating a dramatic backlit façade made of Solid Surface HI-MACS.

The retail real estate industry‘s most unusual kick-off event: REBOOT

REBOOT, the first future conference, opens its doors on January 22, 2020 at the legendary KOMOS, the former GDR’s premiere cinema in Berlin.

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.