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Trei Real Estate GmbH (Trei), an international developer and asset holder for residential and retail real estate, is about to open its 19th retail park under the Vendo Park brand in Poland.

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Capital & Regional, the UK’s leading owner and manager of community shopping centres, opened a major new 23,000 sqft Matalan store at The Mall Maidstone. This is confirmed as the only new store to be added to Matalan’s UK portfolio in 2020, and takes up the last remaining former-BHS space in the Capital & Regional’s portfolio. The Matalan opening coincided with PureGym, the UK’s largest gym operator, which will start fitting out its new fitness facility at the centre in November.

Pradera European Retail Parks, the owner of HOMEPARK retail parks, has signed a lease agreement with Lidl. The retailer’s 2,000 plus sq m store will be located in Homepark Targówek in Warsaw.

MEC METRO-ECE Centermanagement GmbH & Co. KG is successfully continuing its growth strategy. As of October 1, 2020, the German market leader for retail parks takes over ten retail properties of HanseMerkur Grundvermögen AG in Bavaria. The total rental space of this “Bavaria portfolio” amounts to just under 60,000 sq m.

“With trillions of euros to spend, the European Green Deal and Covid-19 recovery plan want to retrofit the continent’s building stock. Retail brands should get ready.”

The Supervisory Board of Vastned, the listed European retail property company focusing on ‘venues for premium shopping’, announces that it has reached the conclusion, jointly with CEO Taco de Groot, that Mr De Groot will step down as CEO as of 1 December 2020.

ECE is restructuring and as of January 1, 2021 will be an integrated group of companies in the real-estate and investment business, offering asset management, development expertise, investment management, and other full-service real estate services under one roof.

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