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Following its market entry in Italy, Immofinanz is continuing the expansion of its STOP SHOP retail park brand in the Adriatic region. In Croatia, the number of retail parks is to be increased from currently four to more than 20 locations in the medium term.

Trei Real Estate GmbH opened another retail park of its Vendo Park brand in Radzymin, Masovian voivodeship, close to Warsaw. The total amount invested was 3.1 million euros.

MK Illumination records strong growth for 2021 not only in its home markets, but worldwide. The Tyrolean company is writing the most successful year in its history with sales of €140 million in 2021.

Scallier has obtained the building permit to construct another retail park in Romania. Situated in Turda, the development will provide around 9,000 sqm of space to let. Populated by some 50,000 people, Turda is a town in the northern part of the country.

Redevco has created a NextGen board with eight members representing various functions across the organization and each of its six European offices. NextGen’s remit will include offering a fresh perspective on the company’s vision, mission, strategy, and culture.

European experts comment on the synergy between shopping centers and food anchors, their developments and benefits.

EDGE announces the successful delivery of its eye-catching 75,000 sq m mixed-use development Valley, designed by MVRDV, to owner RJB Group of Companies. EDGE has won the tender in 2015 and started construction in 2017 with the ambitious goal to bring a new dynamism to Amsterdam’s Zuidas.

Revetas Group has shifted its entire portfolio of assets in Romania to renewable energy as a continuation of the company’s commitment to ESG practices to support the collective efforts of reducing the impact buildings have in local communities.

Marie Ernst, Managing Director of the Düsseldorf-based architecture firm Schwitzke & Partner with a focus on retail and commercial real estate, is the newest advisory board member of the Rotonda Business Club Düsseldorf. With her new position, Ernst adds her in-depth expertise in retail real estate to the advisory board.