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As if retailers in German city centers have not had enough to contend with in recent years–primarily driven by growing competition from online retailers–now they are also confronted with even bigger economic problems due to the Corona pandemic and the associated restrictions and closures. A continuous analysis of visitor development by GfK shows what has actually happened since the start of the pandemic, who the losers and even bigger losers of the pandemic are, and what the future holds.

The Global Leisure Group – with brands like SPI Global Play and Sidijk – acquired two-third of former ELI Play. A total of four European organizations, including: Playlife Germany, Playlife Slovakia, HPS Play Company (Austria) and Theme Works (Slovakia), have joined world’s largest supplier of leisure concepts. With this acquisition, the Global Leisure Group further expands its coverage in Central Europe and strengthens its position as worldwide market leader in full leisure and play concepts.

The real estate business is not a sport but there are many similarities. Fair play, progress through training, new methodologies, competition, success (and failure), injuries and recovery, awards, fame etc.

French sporting goods retailer Decathlon opened its first pop-up kiosk in Moscow which is located in the Mesto Vstrechi Angara (Meeting Place Angara) neighborhood center. The new format is a small shop with a click & collect service that will be open for the next five months.

The departing Mayor of Helsinki, Jan Vapaavuori, will join NREP to further strengthen the company’s urban development efforts. Jan Vapaavuori will join the company in a part-time role as Senior Advisor for Urban Development after his term as Mayor ends in August. He will work across all NREP’s geographies to facilitate new solutions to the most pressing urban challenges, including infrastructure challenges and climate crisis.

GTC has appointed Eszter Salamon to the position of Transactions Director. Her outstanding in-depth sector knowledge and profound experience in real estate and financial operations will boost GTC’s optimization and expansion goals. With Eszter on board, the developer sets for smooth completion of the upcoming large-scale transactions in various markets.

The food court of Etele Plaza scheduled to open this September in Budapest, Hungary will feature a direct connection to the roof terrace, unique interior design, and a wide selection of gastronomy options, including many popular quick-service restaurants, cafés and open kitchen concept. The requirements and dining preferences of all generations are considered during the design of the unprecedentedly spacious venue among Hungarian shopping malls.

On 18th May, the eagerly anticipated official opening of the new extension of Designer Outlet Warszawa was celebrated with a pink ribbon-cutting ceremony in consideration of the Covid- 19 restrictions. With additional 5,500 sqm and more than 25 new stores and restaurants, Designer Outlet Warszawa is the new flagship outlet destination of Poland with a gross lettable area of 23,000 sqm and a unique mix of more than 130 international and Polish designer, fashion and lifestyle brands.

This online event format was held for the third time this year. Three top-class panelists outlined the industry’s developments that were accelerated by Covid-19. A big and prominent expert-audience followed the discussion.

Plans to deliver the long-awaited transformational mixed-use destination in Coventry city centre (London) have been unanimously approved by Coventry City Council. Shearer Property Group, the developer on the project, first revealed its outline plans to the wider public in June 2020, which have already secured £98m in funding from the West Midlands Combined Authority.

The first Delta Planet shopping mall in Serbia extends for 40.000 square meters, has two floors and 850 parking spots for visitors and was built in only 14 months. Visitors will have shops of leading fashion brands, many restaurants and cafés, bookshops, home décor shops and a special attraction in the form of the most modern cinema with 5 auditoriums at their disposal.

Dynamic development of the new Acteeum and Leroy Merlin project – the largest shopping complex in the Koszalin region – attracts well-known brands. Among them the most notable will be Leroy Merlin, Lidl, Agata Meble and LPP group stores – House, Cropp and Sinsay. The growing group of tenants expands hand in hand with the rapid progress of works aimed at commencing the construction of the project, which is expected in the second half of this year.