Multi joins advisory board of German Council of Shopping Places
Multi Corporation is pleased to announce the appointment of Hubert Stech as a new member of the Advisory Board of the German Council of Shopping Places (GCSP).
Hubert Stech, Managing Director of Multi Germany and Benelux, was elected to join the GCSP’s Advisory Board during the annual members meeting last Friday. Multi looks forward to strengthening its partnership with the German Council and to continuing to actively support their initiatives and work.
“I am very thankful for the election and trust of the members of the Council. The organisation has done a tremendous job over the past years. During my time in the Advisory Board, some of my focus areas will be topics like innovation in retail as well as the redevelopment and repurposing of retail assets. I look forward to contributing to future initiatives of the Council to strengthen our industry in Germany and Europe”, says Hubert Stech.
Realm has grown its leasing team with the appointment of Caroline Helyer as leasing manager. Caroline will be working across several of Realm’s schemes – including Dalton Park, Milsom Place and Bedford Riverside – where she will be leading initiatives to secure new retail lettings and lease renewals, as well as enhance the customer shopping experience and F&B offering across the portfolio.
Hamburg-based large-scale retail property specialist redos Group has acquired the Äppelallee-Center in Wiesbaden near Frankfurt. The purchase was made on behalf of the special AIF "Redos Einzelhandel Deutschland III".
The Italian brand PINKO will open the second store in Ukraine in Ocean Plaza shopping mall. The exclusive distributor of the brand is ARGO. The new store with an area of 160 sq.m. will open its doors on the first floor in May. A wide range of women's clothing, shoes and accessories will be presented.
NewRiver is pleased to announce that its joint venture with BRAVO Strategies III LLC in which it holds a 10% stake has exchanged contracts to acquire The Moor, a 28 acre estate in Sheffield city centre, from CEP ASI UKPF Nominee 1 Limited and CEP ASI UKPF Nominee 2 Limited, for total consideration of £41.0 million, representing a capital value of £60 per sq ft.