MEC-Center Einkaufspark Duckwitz (Bremen). Credit: MEC

MEC continues acquisition strategy successfully

CORESTATE Capital Investors (Europe) joins as new owner of the MEC-Centers Einkaufspark Duckwitz (Bremen) and Nordsee Passage Wilhelmshaven.

MEC is further expanding its position as national market leader for retail parks. Its latest customer is the investment company CORESTATE Capital Investors (Europe), based in Frankfurt am Main and represented in eleven countries.

CORESTATE has commissioned MEC with the continuation of the center management of two retail parks in Northern Germany – the NordseePassage Wilhelmshaven and the Einkaufspark Duckwitz in Bremen. The full mandate for the two shopping centers comprises the one-stop support tailored to the requirements of asset management – Center Management, Commercial Property Management including Key Account Management, Technical Property Management and Leasing Management.

At the same time, the asset management company M&G Real Estate with its German headquarters in Frankfurt am Main has extended its mandate for Dreieich Nordpark. The Center Management, for which MEC has been responsible since 2013, includes the full mandate with tailor-made support from one source for the areas of Development, Center Management, Commercial Property Management including Key Account Management, Technical Property Management (currently with a roof renovation) and Leasing Management.  

“We are very pleased about the trust that our customers place in us with these mandates,” says Christian Schröder, Managing Director (COO) of MEC. “We see this trust both as a mandate and as an incentive to professionally manage the centers in our common interest and to develop them further in a sustainable manner. The Chief Operating Officer of MEC sees common values for business success such as security, sustainability and growth as the basis of the cooperation.

Sign up for our ACROSS Newsletter. Subscribe to ACROSS Magazine.

Ticker MORE

Ikea Westbahnhof Vienna: It will be August 26, 2021

On this day, Ikea Westbahnhof Wien opens its doors after two years of construction. The new omnichannel store with its green facades is completely car-free. Among other things, a roof terrace offers a view over the Austrian capital.

Change in the YIT Management Team

YIT Corporation's Board of Directors has appointed Tuomas Mäkipeska (43, M.Sc. in Economics) as YIT’s Chief Financial Officer and a member of the Group Management Team. He shall take over his position latest at the beginning of February 2022.

M7 signs 1,000 sq m letting with fashion brand, Sinsay, at the Csillag Center in Budapest, Hungary

M7 Real Estate, the pan-European investor and asset manager specialising in multi-tenanted properties, announces that it has completed the letting of a significant 1,025 sq m retail unit at the newly refurbished Csillag Center in Budapest, Hungary, to Polish fashion brand, Sinsay, on behalf of M7 CEREF I.

New Centre Manager Appointment at CBRE Global Investors’ Angel Central

CBRE Global Investors announced the recent appointment of Adam Cummins, as the new Centre Manager at leading London leisure and retail destination, Angel Central. He joins the team at Lambert Smith Hampton, appointed by CBRE Global Investors as the managing agents for the destination.

Breuninger expands its presence to Hamburg

In 2023, Stuttgart-based fashion and lifestyle company Breuninger will open a new flagship store in the Westfield Hamburg-Überseequartier district, its first location in northern Germany. As the largest anchor tenant by far in the heart of Hamburg’s HafenCity district, Breuninger will occupy a total area of more than 14,000 square metres in the future. The long- term lease agreement with the project developer and district operator Unibail-Rodamco- Westfield (URW) was signed today in Hamburg.

New Faces at Nepi Rockcastle

The Board has nominated George Aase as Chairman of the Board, effective 18 August 2021. Rudiger Dany has been contracted by the Company from 6 July 2021 and will be appointed as Chief Operations Officer of NEPI Rockcastle effective 18 August 2021.