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In his new role, van Ardenne will assume responsibility for the functions Finance, IT & Information Management, Governance Risk & Compliance, Corporate Finance, Tax and Project Portfolio Management.

Helsinki Outlet, which is due to open soon, was developed and will be operated by Fortus AS, which has a wealth of experience in outlets across Europe.

ECE has taken the next step in the strategic expansion of its activities in the British build-to-rent market by taking over two further apartment buildings in Manchester and Leeds, offering a total of approx. 1,750 residential units.

Grosvenor Europe has launched a first of its kind air quality monitoring scheme in its Swedish retail portfolio.

The ACROSS Advisory Board is happy to announce its latest addition and welcomes Klaus Striebich as its new member.

Allianz has increased its debt financing for McArthurGlen Designer Outlet Parndorf in Austria by EUR93 million for owners McArthurGlen and Simon Property Group.

Global real estate services firm Cushman & Wakefield has been appointed an exclusive agent to commercialise extra space available following the downsizing of its big-box hypermarkets to a smaller compact hypermarket format.

The company was one of the award winners of the 2019 Prix Versailles, a global award in architecture and design. Prado, its Marseille shopping center, earned the world prize in the “shopping mall (exterior)” category.

New large-package logistics location for Hermes Fulfilment and Hermes Einrichtungs Service to be completed by early 2020.

Axel Drwenski will take up the newly created post of Head of Research at KGAL. He and his team will analyse and evaluate all the markets and asset classes – predominantly Real Estate, Infrastructure and Aviation – that are relevant to KGAL.

Camus will be responsible for all development projects and asset management activities in key European markets, Germany, France and United Kingdom.

The center’s development is on track to open in autumn 2020.

The company has, on behalf of one of its investors, acquired the White Lion Walk covered shopping arcade with 23 retail units. The purchase price was around £12 million.

JSE listed EPP, Poland’s biggest retail landlord, today released interim results for the six months ended June 2019 with distributable income earnings up 9% and distributions of EUR 5.8 cents per share, in line with market guidance. Importantly, the company reduced its loan-to-value ratio by 2.1% during the period to 49.8%.

The company sells 6% of Atrium’s shares to Phoenix Insurance Company ltd., Phoenix Excellence Pension and Provident Funds ltd. at same price as it will acquire those shares as part of the transaction to acquire all remaining minority shareholder interests in Atrium.

The most recent acquisitions include six fully rented retail parks in Slovenia and Poland with roughly 54,000 sq m of rentable space.

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Lenton will become an Executive Director on joining the Company on September 16, 2019 and will take over the role of CFO with effect from October 1, 2019.

Chapman Taylor created the Masterplan Concept for this project, which will cater for the estimated two million young people in the Moscow area.