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Neinver – a leading investor, developer and operator in the European outlet centre industry and the largest operator in Spain and Poland – has announced that sales across its outlet portfolio grew to €487M during the first half of the year, an 8% increase compared to the same period in 2018. The number of visitors to the 16-outlet-centre portfolio also rose by 3% to 21 million.

In addition to his previous field of functions, he from now on assumes more responsibility in the areas of Concept and Construction.

The new food court was designed by vsf-creative and takes its theme from Płock Rowing Club, one of the oldest in Poland.

The company has signed an agreement to sell two shopping centers in Finland for approximately EUR 77 million to a Nordic real estate investor NREP.

The EBRD is supporting capital market development in Romania with a €50 million investment in the second benchmark-sized €500 million corporate bond issued by NE Property B.V.

The popular cinema chain builds a new multiplex in collaboration with Europe Group and by support of Sarajevo Film Festival.

Hines announced Q1 2019 performance results for Outlet Village Belaya Dacha and Outlet Village Pulkovo. Within this period, sales and footfall have increased along with new brands joining their pool of tenants.

Groupe Renault and Klépierre signed partnership to offer innovative mobility services in shopping centers.

John Riordan, Managing Director of MK Illumination Ireland, reports how the right lighting and décor has helped Mahon Point Shopping Center in Cork (Ireland) create a festive atmosphere since 2008.

Colosseum Centre, located in the north-western part of Bucharest, district 1, has attracted new fashion, leisure and food court tenants, as part of the extension plan of the commercial centre. As the construction work progresses, many tenants are interested to join Colosseum Mall. This trend is sustained by the strong performance of the existing Colosseum Centre which has given brands a great opportunity to develop their businesses in district 1, Bucharest.

The modern retail stock in Bucharest remained constant in 2018, at 1.2 million sq m. This level is 7% higher than in the Central-West region of the country, which reached 1,18 million sq m, and double the stock of the region of Moldova, which reaches 595,000 sq m.

Effective April 10, 2019, Oliver Borg has been appointed new Regional Director Germany of Metro Properties. He took over this position in addition to his current responsibilities as Director Project Development.

Martin Miklas was named the new CFO of HB Reavis. He took this position over from CEO Marian Herman, who had kept these responsibilities even after becoming CEO last year.

Recently Edinburgh St James has signed four brands from global retail group Inditex, including fashion powerhouse Zara, to form part of the retail offering at the 158,000 m sq m mixed-use development at the heart of the Scottish capital.

McArthurGlen Designer Outlet Ashford announced that work has started on Europe’s largest living wall installation, which forms part of the centre’s £90 million expansion. Made up of approximately 120,000 plants, the 25,000 sq. ft. living wall installation is set to create a striking atmosphere in the centre, with beautiful vertical gardens covering the walls of the new entry promenade, various walkways and many of the new stores.

​Sonae Sierra’s financial and operational results in 2018 reveal its solid performance and the successful implementation of its strategy. Likewise, the company has demonstrated its capacity to creating shared value by addressing sustainability issues while getting good financial results.

Hanningtons Lane has opened to the public and visitors are able to walk down Brighton’s newest Lane for the very first time. Redevco and its main contractor Westridge have been working hard on the creation of the city’s new retail and cultural quarter for two years and retailers are now starting to move in and fit our their stores.