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Merkal Calzados lands at La Torre Outlet Zaragoza to enrich the offer of the centre, which already has other globally recognized shoe brands such as Adidas, Reebok, Puma, Rockport or Skechers. The Spanish firm comes to the outlet complex to surprise in its 500 square meter store and starts with an opening promotion of 20% discount for purchases over 40 euros.

“Outlets benefit due to their out-of-town locations. As a consumer, you are able to park outside and quickly walk to your store of choice in a relaxed, open environment.”

“We recognize that the traditional model for urban malls needs to evolve in the face of shifts in consumer habits, e-commerce growth, new technologies, urbanization, declining use of private transportation, and a localization of demand towards accessible services and environmental sustainability.”

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.

Recruitments, promotions and appointments…

On Friday, July 30, eobuwie.pl opened its first store in the Czech Republic in the Novy Smichov shopping mall in Prague. It is a debut on foreign markets and at the same time the beginning of the expansion of the international fixed-line network of the Polish company.

“The retail sector needs to act now to show it is committed to a ‘green recovery’ from the pandemic and to demonstrate to customers, supply chains, investors, and other stakeholders that sustainability plays a core role in its business strategy.”

The Bistro, the second tenant in the new gastronomy area on the first floor of Quarree, welcomes its guests with typical romantic Parisian flair and treats them to authentic, lovingly homemade French specialties with a Hanseatic touch.

It is a solemn fact that in order to understand the current situation of any commercial real estate market around the globe, including Turkey, analysis of the current impact of the Covid-19 pandemic on the main dynamics of the industry is required.

How retail-based mixed-use-projects should be developed in order to be successful in modern-day Ukraine.

Ingka Centers recently opened a new meeting Place in China’s Fuijan Province.

Recruitments, promotions and appointments…

Bigger leaps are being taken to lift us out of this pandemic. We still have a long way to go, the path ahead will be rocky, and the load we must carry is heavy. However, not everyone should expect the party to begin once we make our way out of the darkness. The beat of the drum and the rhythm of the song have changed.

GTC has appointed Seweryna Afanasjew as Head of Asset Management in Poland. Her outstanding in-depth sector knowledge coupled with extensive experience in commercial asset management and leasing for investment funds will strengthen GTC’s market position. With Seweryna on board, the company expects the successful growth of its sustainable real estate portfolio in line with the developer’s best ESG practices.

The Covid-19 pandemic brought massive changes to the entire retail real estate and placemaking industry. A lot of negative developments, but also a number of opportunities and possibilities for the future. We asked the following industry experts to share their opinion on the matter.