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Following the leases with fashion labels Costes and Seven Sisters for Forum Rotterdam, this inner city project has entered an important phase; it now has just one vacant retail unit left. A third fashion flagship store will soon be announced. The project marked another important moment with the sale of the listed section of Forum Rotterdam to Deka Immobilien.

The portfolio consists of two prime assets, the ‘Opernplatz 2’ at the entrance gate to Frankfurt’s ‘Goethestraße’ shopping street and the ‘Beursgallery’ department store on Hoogstraat, Rotterdam’s most frequented shopping mile.

Shopping centers have been opening up on their sides towards the outdoors for quite some time. Now they are opening up on their rooftops as well. Green and activity roofs are all the rage right now.

“If we take a look at the commercial density figures, we find that Spain is below the European average – and even more so in relation to countries such as the USA, where the density is six times higher and the shopping center model is very different from the one in Spain.”

Atrium European Real Estate’s strategy is to reposition its portfolio towards large, high quality dominant retail centers in prime urban locations and capital cities.

Multi Corporation announces the departure of Josip Kardun as CEO, effective November 1, 2019. Josip Kardun was appointed to the Management Board in 2017 and after two and a half years at Multi wishes to step down to pursue personal business interests.