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A connected, future-ready, liveable urban core – that’s the vision for the city of Wolfsburg’s Nordkopf district. The development project is now picking up speed. The plans for the inner city areas to the south and the west of the Wolfsburg train station will be designed by the SIGNA Group, which has been signed as an investor and a project developer for the entire area. The Austrian SIGNA Group and Wolfsburg AG are concluding a project development agreement for this purpose. The next step for the project partners will be to develop an overall concept to be put to the Wolfsburg City Council and all other involved parties for approval.

Plans have been unveiled at the Triennale di Milano exhibition for the unique Milanord2 shopping and entertainment centre at Cinisello Balsamo in Milan.

The TriGranit Board has appointed Tom Lisiecki as the new Chief Executive Officer of TriGranit. Mr Lisiecki arrives from CityCon, having been based in Stockholm where he served as Chief Development Officer. Prior to it, he spent 13 years with TriGranit, working in the last years as Chief Investment Officer and Country Director – Poland, having been involved in all TriGranit’s projects.

The next major milestone in Bracknell town centre’s regeneration has been secured with the signing of a legal agreement between Bracknell Forest Council and its development partner, Bracknell Regeneration Partnership (BRP) – a 50/50 joint venture between Schroders UK Real Estate Fund and Legal & General Capital.

IMMOFINANZ recorded strong growth in the number of visitors to its retail properties in 2018: More than 142 million customers visited the STOP SHOP retail parks and VIVO! shopping centers with over 800,000 sqm of rentable space. That represents an increase of roughly 20 million visitors, or 16.7%, over the previous year. On a like-for-like basis, i.e. after an adjustment for acquisitions, sales and completions, the number of visitors rose by 4.8% to approximately 128 million. The retailers operating in the IMMOFINANZ retail parks and shopping centers generated a year-on-year increase of nearly 5.0% in their gross sales revenues.

IMMOFINANZ’s portfolio concentration on office and retail properties and the clear brand policy are producing sustainable success: The occupancy rate in the standing investment portfolio continued to improve in 2018 and, at 95.8%*, reached a new record level in the company’s history. That represents an increase of 1.6 percentage points year-on-year or 6.2 percentage points over the past two years.

Atrium European Real Estate announces its full year results for 2018.

Klépierre, the pan-European leader in shopping centers, has become the largest real estate portfolio in the world (by value) to be BREEAM In-Use certified for sustainable management. The Group has gone beyond the traditional asset per asset certification approach to adopt a full-portfolio one thanks to an innovative, long-term partnership with BRE, the certification body, and Longevity Partners, an advisory firm specialized in energy and sustainable property investment.

VIA Outlets – the fast growing owner-operator of premium outlet shopping destinations in Europe – reports strong results for 2018, boosted by increased footfall (+3.5% year-on-year)* and an increase in the average spend per guest (+5.6% year-on-year)*. This positive performance has been achieved amidst the current challenges facing the retail sector.

Cushman & Wakefield has re-hired Duncan Gilliard as a Partner in its Central London retail team to bolster its market leading offer.

Construction works of the Acteeum Group and Equilis Polska joint project – Galeria Chełm – have just begun. Investors have signed a contract with KARMAR S.A. which is becoming the general contractor of the project. Galeria Chełm with a GLA of 17.5 thousand sq m will be the first shopping center in Chełm and at the same time the first joint venture of both investors.