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The Bistro, the second tenant in the new gastronomy area on the first floor of Quarree, welcomes its guests with typical romantic Parisian flair and treats them to authentic, lovingly homemade French specialties with a Hanseatic touch.

It is a solemn fact that in order to understand the current situation of any commercial real estate market around the globe, including Turkey, analysis of the current impact of the Covid-19 pandemic on the main dynamics of the industry is required.

How retail-based mixed-use-projects should be developed in order to be successful in modern-day Ukraine.

Ingka Centers recently opened a new meeting Place in China’s Fuijan Province.

Recruitments, promotions and appointments…

Peter Ballon, global head of real estate for CPP Investments, has been appointed as the new global chair of the Urban Land Institute (ULI). Ballon will serve on a voluntary basis for a two-year term and will provide member leadership as the Institute focuses on three new global mission priorities: decarbonization, education, and housing.

One of Warsaw’s most recognizable restaurant brands, the famous Blue Cactus Restaurant&Bar, will soon return to the capital’s restaurant map. The new nearly 450 sqm. restaurant and bar will complement the strong gastronomic offer planned for Norblin Factory, revitalized by the Capital Park Group in Warsaw’s Wola district.

Shopping center investor Deutsche EuroShop AG recently concluded new credit agreements in June 2021 for three loans maturing in 2021. The refinancing for the loans totalling €154 million has interest rates of between 1.18% and 1.64% and a term of ten years.

The construction of the Era Park facility in Warsaw is progressing according to schedule, and the official opening is scheduled for November this year. Mallson Polska, the company responsible for the commercial concept and rental, is also working with the owner of the chain on the lease of another Era Park project, which will be built in Iława.

Bigger leaps are being taken to lift us out of this pandemic. We still have a long way to go, the path ahead will be rocky, and the load we must carry is heavy. However, not everyone should expect the party to begin once we make our way out of the darkness. The beat of the drum and the rhythm of the song have changed.

The Urban Land Institute (ULI) has announced the appointment of Emanuela Recchi, president of Recchi Engineering, as chair of ULI Italy. She succeeds Davide Albertini Petroni, managing director, Risanamento S.p.A, and will officially begin her voluntary two-year term on 1 July 2021.

GTC has appointed Seweryna Afanasjew as Head of Asset Management in Poland. Her outstanding in-depth sector knowledge coupled with extensive experience in commercial asset management and leasing for investment funds will strengthen GTC’s market position. With Seweryna on board, the company expects the successful growth of its sustainable real estate portfolio in line with the developer’s best ESG practices.

All of our seven senses want to be used and ultimately are the key to real emotional experiences that bond us to very special moments and products. Physical real estate needs to confirm the field of tension of identity–human interaction–and products/brands by supporting individuality.

Probably almost everyone in Europe would like to see a return to normality, to where we have achieved herd immunity, infection numbers are controlled, and coronavirus-related restrictions are lifted. Whenever we reach that normality, it will still be a new kind of normal. The coronavirus pandemic will permanently change the way we work, live, and consume – and retailers will also have to find their way in the new world after the acute shock of 2020 and 2021.