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The Austrian company IMMOFINANZ has purchased the remaining 50% of Na Příkopě 14 building from the company LORDSHIP and become the sole owner.

Phase 2 of the Duty Free zone, laid out on an area of 53,000 sq m at Istanbul Airport, was opened on January 15, 2019.

Another accolade for the “Digital Mall”: On January 17, ECE’s digital innovation project received the “European Innovation Retail Award 2019 (“Europäischer Innovationspreis Handel 2019”) of the German Council of Shopping Centers (GCSC) at an award ceremony in Frankfurt am Main.

JSE-traded EPP, the pure Polish retail property fund, delivered a total return of 21% in 2018 to significantly outperform the market, making it the top performing listed property company of the year. This is a significant difference from the benchmark index (SAPY) total return of -25%.

Unibail-Rodamco-Westfield Germany looks back on a successful business year; the strategic focus for 2019 further on lies on optimizing the existing portfolio.

SIGNA has acquired Gänsemarktpassage in Hamburg from MEAG, the asset manager of Munich Re and ERGO.

The ACROSS Advisory Board is happy to announce its latest addition and welcomes Jan Tanner as its new member.

Union Investment has renewed its management contract with Prelios Immobilien Management for the LAGO Shopping Center in the heart of Constance. The service agreement comprises centre management, property management, letting and car park operation.

Thor Equities Group, a global leader in urban real estate development, leasing and management, has announced the promotions of Toby Cooper and Luke Condon to Managing Director.

NEINVER, the leading outlet operator in Poland and Spain and a market leader in Europe, announced it has taken over the management of Silesia Outlet located in Silesia, Poland. The outlet centre currently being developed is scheduled to open this spring in the city of Gliwice. The investor of the facility is 6B47, one of the leading developers in the German speaking countries. NEINVER will be responsible for management, marketing and leasing.

The St David’s Partnership, owners of St David’s in Cardiff, one of the UK’s premier retail and leisure destinations, has unveiled the opening of American dining brand, Slim Chickens. The new outlet is the brand’s first franchised restaurant outside of London.

Sonae Sierra and the Slovakian real estate developer Peter Korbačka have signed a joint venture agreement to acquire the GranCasa (Zaragoza), Valle Real (Camargo) and Max Center (Barakaldo) Shopping Centres, in Spain.

Demonstrating the continuing resilience of outlet centres, Christmas trading at London Designer Outlet (LDO) in Wembley Park illustrated customers’ enduring interest in quality, choice, year-round discounts and good service.