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It is a solemn fact that in order to understand the current situation of any commercial real estate market around the globe, including Turkey, analysis of the current impact of the Covid-19 pandemic on the main dynamics of the industry is required.

How retail-based mixed-use-projects should be developed in order to be successful in modern-day Ukraine.

Ingka Centers recently opened a new meeting Place in China’s Fuijan Province.

Recruitments, promotions and appointments…

One of Warsaw’s most recognizable restaurant brands, the famous Blue Cactus Restaurant&Bar, will soon return to the capital’s restaurant map. The new nearly 450 sqm. restaurant and bar will complement the strong gastronomic offer planned for Norblin Factory, revitalized by the Capital Park Group in Warsaw’s Wola district.

Venture X, led by Tom Foster and Andrew Ross in the UK and Ireland, has secured its second location at 1 Ariel Way, Westfield London for 19,077 square foot, with an agreement for a long-term lease commitment. The company, which originally started in Naples, Florida, is part of the United Franchise Group.

The construction of the Era Park facility in Warsaw is progressing according to schedule, and the official opening is scheduled for November this year. Mallson Polska, the company responsible for the commercial concept and rental, is also working with the owner of the chain on the lease of another Era Park project, which will be built in Iława.

AG Real Estate has confirmed the diversification of its commercial offer in the heart of the shopping centres it owns and manages. Several new leisure projects, with nearly 10,000m2 floorspace in all, will be added to the retail offer already present in the malls of its portfolio, thus offering a mix that meets the new customers’ needs.

The topping out ceremony was held on June 24th at the construction site of Galeria Andrychów – the largest retail park in the region and one of major retail developments currently under construction in Poland. The event was attended by local authorities, investors – Acteeum Group and Equilis Europe, as well as retailers and business partners.

The Urban Land Institute (ULI) has announced the appointment of Emanuela Recchi, president of Recchi Engineering, as chair of ULI Italy. She succeeds Davide Albertini Petroni, managing director, Risanamento S.p.A, and will officially begin her voluntary two-year term on 1 July 2021.

In a critical period for HoReCa, office or mixed-use projects, recent investments are adding new flavors and attractive or innovative functions to revive the pulse in key submarkets of Bucharest. Can dining or working with sky views make flexible working or meetings more appealing?

The Urban Land Institute (ULI) has announced the appointment of Anette Simpson, director of development and partnerships, Legal & General Affordable Homes, as chair of ULI United Kingdom (ULI UK). She succeeds Vanessa Hale, director of research, BNP Paribas Real Estate, and will officially begin her voluntary two-year term on 1 July 2021.