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M.Sc. (Tech.) Antti Pelli will start 1. September as a Senior Director in JLL Finland’s Capital Markets team. Antti has over ten years of experience in the real estate industry and has previously worked, e.g., on Genesta and Sponda managing significant office portfolios.

And, according to Herman Jan Faber, Global Head of External Clients and Business Development at Redevco, metropolitan areas are in need of transformation. The company, which was founded two decades ago, is diversifying its portfolio and capture the opportunities that arise as cities evolve.

The Parisian luxury department store La Samaritaine was originally opened in 1869 and had been closed for 16 years. Now it is back open for business.

Trei Real Estate GmbH will be opening its 26th retail park under the Vendo Park brand in Poland. It is located in Oświęcim, a small town of around 40,000 residents in the Lesser Poland Voivodeship in southern Poland. This latest Vendo Park has a leasing area of around 5,300 square metres and is leased to seven retailers and a supermarket. In total, Trei invested c. 7,2 million euros in the property.

The new ITV leisure attraction, the “I’m A Celebrity… Jungle Challenge” has opened at Quayside MediaCityUK. The 2,500m2 indoor entertainment venue gives fans of the UK’s ITV hit TV series, “I’m a Celebrity… Get Me Out of Here” the chance to navigate a series of fun-filled physical challenges as they race against the clock in a bid to collect stars and be crowned King or Queen of the Jungle.

Shopping and entertainment centre development and management company Akropolis Group signed an agreement to acquire the Alfa shopping centre in Riga, Latvia, from AMD Holding. The seller was represented in the deal by real estate consultancy firm Newsec in the Baltics together with its partner BNP Paribas Real Estate. The transaction amount is not being disclosed.

The Hamburg-based redos Group, which specializes in large-scale retail properties, has acquired the retail park in Gründau Lieblos near Frankfurt am Main. The purchase was made for the Union Investment Spezial-AIF “Redos Einzelhandel Deutschland III”. The property’s seller is the real estate investment manager Redevco, which had included the property in its portfolio in 2016 and has now successfully implemented its business plan. The parties have agreed not to disclose the purchase price.

Recruitments, promotions and appointments…

CBRE Global Investors announced the recent appointment of Adam Cummins, as the new Centre Manager at leading London leisure and retail destination, Angel Central. He joins the team at Lambert Smith Hampton, appointed by CBRE Global Investors as the managing agents for the destination.

The Board has nominated George Aase as Chairman of the Board, effective 18 August 2021. Rudiger Dany has been contracted by the Company from 6 July 2021 and will be appointed as Chief Operations Officer of NEPI Rockcastle effective 18 August 2021.

Landsec has announced the signing of three F&B operators – Five Guys, Taco Bell, and Pollo To Go – at Xscape Yorkshire in Castleford, the county’s largest dedicated leisure and entertainment destination.

A new shopping center Nikolsky opened in the heart of the Ukrainian city Kharkiv – with 106,000 sq m of GBA, 53,000 sq m of GLA, and 700 parking spaces. There are about 150 shops, the largest Multiplex in the city, a bowling-club, the Smile Park (an entertainment center for children), the sports club Sport Life and many more.