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JSE listed EPP, Poland’s biggest retail landlord, today released interim results for the six months ended June 2019 with distributable income earnings up 9% and distributions of EUR 5.8 cents per share, in line with market guidance. Importantly, the company reduced its loan-to-value ratio by 2.1% during the period to 49.8%.

Pan-European real estate investment manager Redevco has acquired the predominantly food and beverage (F&B) commercial units of the new mixed-use One Tower Bridge development for £70 million (€78 million) from the Berkeley Group. The property is topped by super-prime residential apartments and faces the iconic London UNESCO landmark that spans the River Thames.

Wereldhave has taken notice of recent media attention about the possible intention of Hudson’s Bay Company (HBC) to close its operations in the Netherlands by the end of 2019.

The most recent acquisitions include six fully rented retail parks in Slovenia and Poland with roughly 54,000 sq m of rentable space.

Stone will work as a consultant specifically supporting leasing for Heart of the City II in Sheffield and The Glass Works in Barnsley.

Trei Real Estate GmbH, a property developer and property asset holder for residential and retail real estate, has expanded its polish retail property portfolio.

Lenton will become an Executive Director on joining the Company on September 16, 2019 and will take over the role of CFO with effect from October 1, 2019.

In his new position, Mata will lead and implement the company’s asset management strategy at the centers Neinver manages in Spain.

EfTEN Real Estate Fund 4, a fund managed by “EfTEN Capital” AS, acquired the shopping center “River Mall” and business center “River Hall” in Kaunas.

Simon Travis has been appointed to the role of Group Investment Director & Managing Director Premium Outlets.

Areas to be totally remodeled include: food court, chillout zones, and the area around the decorative wall.

Sonae Sierra will continue to be responsible for the property management of both assets.

The opening of Galeria Wiślanka in Żory, Poland is planned for the second half of 2020.

By the end of 2020, Poseidon will be running eleven Capitols nationwide.

Further expansion planned with £18m investment into phase 3 of the scheme.

Shelley Sandzer, the leading specialist UK leisure property agency, has acted on behalf of Milroy’s in a deal that will see the London-based whisky brand launch its second site in Spitalfields this September.

EVER.S opens on July 18, 2019.

Whilst debate continues about the future of the High Street, research by CACI has revealed the negative impact of closing stores on brands’ online businesses.