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The first Europe-wide lockdown in spring 2020 sent retail markets from Scandinavia to the Iberian peninsula into an unprecedented state of collective shock. This was reflected in the European retail industry barometer, the Global Retail Attractiveness Index (GRAI), which plummeted to a historic low of 89 points in the second quarter.

Cano, GERMANY +++ Galerija Belgrade, SERBIA +++ Galeria Andrychów, POLAND +++ Prishtina Mall, KOSOVO +++ Drehscheibe, GERMANY +++ Novum Presov, SLOVAKIA +++ Mesto Vstrechi, RUSSIA +++ AFI Brasov, ROMANIA +++ Center Alt-Erlaa, AUSTRIA +++ Plärrermarkt, GERMANY

How rethinking real estate can transform brick and mortar into real dynamic platforms which again play a strong role within the omnichannel life.

Expansion despite the pandemic: SES Spar European Shopping Centers, developer and operator, has announced the opening to the general public of retail park of the Hungarian city of Kaposvár and the entire Somogy district, which will take place on 11 March 2021.

Sponda has appointed Victor Persson as its new Chief Operating Officer and Janne Tallqvist as its new Chief Financial Officer. Both also join as members of the company’s executive board.

Cécile Pouzadoux, 43, is set to take the helm of Redevco France’s Portfolio team, after serving more than two years as the company’s Financial Director. She will report directly to Thierry Cahierre, Managing Director of Redevco France and Head of Global Asset Management for the pan-European real estate investment group, Redevco.

Recruitments, promotions and appointments…

Just as the Covid-19 pandemic blurred the lines between office and home in 2020, the office of the future will need to combine elements of work, life, and experience in order to be competitive in post-pandemic city center locations, writes Nicole Pötsch, Head of Acquisitions & Sales for North & Central Europe at Allianz Real Estate.

The company has purchased the “6X6” building in downtown San Francisco. Following a transformation, the retail destination will be anchored by IKEA and will be complemented by mixed-use offerings.