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The American lifestyle brand Kendall + Kylie opens the first franchise store in Europe in Sofia. It covers an area of 132 square meters and is located on the first floor of Sofia Ring Mall. The store is part of the sales network of FF Group Bulgaria in partnership with ICB S.A. (International Celebrity Brands).

The departing Mayor of Helsinki, Jan Vapaavuori, will join NREP to further strengthen the company’s urban development efforts. Jan Vapaavuori will join the company in a part-time role as Senior Advisor for Urban Development after his term as Mayor ends in August. He will work across all NREP’s geographies to facilitate new solutions to the most pressing urban challenges, including infrastructure challenges and climate crisis.

A new report from Union Investment and JLL highlights the growing grocery real estate market, with the share of European grocery real estate investment, as a proportion of total retail real estate investment, reaching 22% in 2020, up from 6% in 2016.

This online event format was held for the third time this year. Three top-class panelists outlined the industry’s developments that were accelerated by Covid-19. A big and prominent expert-audience followed the discussion.

Recruitments, promotions and appointments…

Europe’s food retailers are being put to the test by the eco- nomic consequences of the natural disaster Covid-19. This is a very special kind of weather situation. While non-food retailers and the food service industry are in sheer despair in the face of the calm caused by government-imposed lockdowns, the “system-relevant” food retail sector has been confronted with a veritable storm tide since the sec- ond quarter of 2020.

AmRest Holdings SE announced a planned leadership succession which will be completed in July 2021. Luis Comas, who has been leading the La Tagliatella brand at AmRest, will be promoted as the new CEO with an effect on July 1st, 2021. Mr. Comas will succeed Mark Chandler, current Chief Executive Officer, who has decided to retire in June 2021 after serving 13 years in the company.

The longest and fastest zip wire in England, Skywire, is to open on May 14 at Bluewater, one of Europe’s leading retail and leisure destinations. Landsec is redefining the Bluewater experience and Skywire is the first of nine unique attractions that will comprise Hangloose Adventure, a brand new large-scale leisure offer at Bluewater.

The European Council of Shopping Places (ECSP), the association which provides a dedicated voice for the European retail property sector, has released its position paper responding to the financial impact of Covid-19 on the retail property sector. The uncertainty of repeated lockdowns, the inconsistent approach of different governments, and the overly onerous focus on retail property owners to support an industry in crisis is not sustainable.

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.