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Trei Real Estate GmbH expanded its business even in 2020, the year of the pandemic. The development portfolio grew by 33 percent to 1.2 billion euros (2019: 900 million euros). The sum total breaks down into 1.0 billion euros in residential real estate and c. 200 million in retail real estate. The proprietary portfolio of Trei maintained its total of c. 1.2 billion euro. It includes 349 assets.

A look at Australia: A “Hospitality Mindset” to drive sales and deliver positive experiences in spite of Covid-19.

“For us, a human-centric vision is one of the main values shaping our vision of the future for any shopping center we manage or will manage.”

Warburg-HIH Invest Real Estate (Warburg-HIH Invest) has acquired Bernstein-Center, a mixed-use, non-discretionary retail quarter in the Bavarian town of Nittendorf. Located at Brunnenstrasse 1-3, the newly built quarter features a gross lettable area of around 6,500 square metres, as well as 48 underground car park spaces and some 110 outdoor parking spaces.

Most experts in the European placemaking industry have adopted a consciously positive stance with regard to the recently commenced business year.

Multi recently published its Pan European Customer Monitor + Covid-19 Survey. For Head of Research Mariam Hussain, the most positively surprising result was that 70% of visitors surveyed indicated that shopping centers are valuable places to spend time in and will continue to be especially once the pandemic is over.

Although empty shop windows have always been part of running a shopping center, there are more around than most center managers might like. The good news is that they are opportunities to create bite-sized experiences that support the trend towards “shoppertainment”.

Recruitments, promotions and appointments…

The last 12 months has seen the most catastrophic impact on the F&B sector across the globe. First into lockdown and almost certainly one of the last sectors to re-emerge from the crisis, there’s not a lot more that can be said on the devastation to businesses, employees, and guests that hasn’t already been published. But what of the future? What will the post-pandemic foodservice landscape look like?

HB Reavis has created an oasis for leisure and retail in the heart of a lively district in the Slovakian capital. The 12,000-square-meter green roof serves as a highlight.

CORESTATE has set up Stadtquartiere I, a new open-end special AIF. This fund is the first of its kind in Germany for institutional investors and thus a pioneer in the promising city quarter asset class. Corestate is aiming to achieve a target volume of around € 500 million. Hannover Leasing, an in-house investment management company, is responsible for managing the fund.

The most difficult part of business is making decisions during a crisis, explains Walter Seib, CEO of HMSHost International, with regard to the Covid-19 pandemic. He believes that as countries open up and vaccines become available, people will travel and return to airport F&B.