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Redevco has attracted Robbert Zoet to be their new Head of Capital Raising as the company seeks to grow and diversify.

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.

M7 Real Estate, the pan-European investor and asset manager specialising in multi-tenanted properties, announces that it has completed the letting of a significant 1,025 sq m retail unit at the newly refurbished Csillag Center in Budapest, Hungary, to Polish fashion brand, Sinsay, on behalf of M7 CEREF I.

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.

CBRE appointed Jakub Štěpán the new Head of the CEE Valuation Department effective from 1 July.

Greenman OPEN has signed a new seven year debt facility for €17 million to refinance the Berlin Hansa-Centre, marking the fund’s first financing deal with MünchenerHyp.

VIA Outlets has appointed Jaap Tonckens as an advisor to its Board of Directors.

Property has belonged to Unilmmo: Deutschland since 2010.

ESTAMA UK has announced the appointment of Nick Round as the new Head of Asset and Property Management. Working closely with the wider team, Nick’s role will be focussed on driving the performance of the company’s schemes and boosting the efficiency of the operational management across ESTAMA UK’s diverse portfolio.

The Ardent Companies (Ardent), the US-based real estate investment and asset management firm, has completed the acquisition of Touchwood shopping centre in Solihull from Lendlease Retail Partnership (LLRP), appointing Sovereign Centros as asset manager and Cushman & Wakefield and Knight Frank as joint leasing agents.

IPH Transact has bundled and strengthened its own expertise in the field of acquisitions and sales by appointing Roman Zwolinski as Head of Transactions Germany.

The Howard de Walden Estate is pleased to announce that it has signed two new leasing deals – in addition to a significant extension for The Kooples – in Marylebone Village. The deals encompass brands across the retail sector, adding to the distinctive offering across the estate.

Qatar Investment Authority, Axa REIM, Redevco, Ivanhoé Cambridge, Union Investment and many others will be in Cannes on 7 and 8 September.

Mitiska REIM has announced the acquisition of a retail park located in Arnhem.

Outlet Village Belaya recognized as the Best Outlet Center for 2021.

LaSalle has reorganised its European operations in order to deliver a pan-European offering to institutional investors that are seeking a more integrated approach to the acquisition, management and divestment of assets.

In the second quarter, Polish investment manager Scallier has started building Funshop Park in Focșani, a town of 100,000 people around 190 km from Bucharest. The centre is to comprise 5,000 sqm GLA, of which 70% has already been leased. The retail park is set to open in November this year. This is already the second Funshop Park on which construction work has begun, with the first retail park being in Roșiorii de Vede. The Roșiorii de Vede park will be opened in September 2021. Scallier is also preparing to develop retail parks in other Romanian towns.

Düsseldorf (Germany) based property developer and asset manager Concepta has hired Frank Westmeier as asset manager. In his new role, Mr. Westmeier supports the company in particular with the implementation of current and the acquisition of new asset management mandates in this field of activity, which is increasingly important for Concepta.

Kaufland moves to Breisgau Center Freiburg.