Sustainability

Coca‑Cola Great Britain announces the launch of its first flagship store in London. Located on Long Acre, Covent Garden, the new retail destination offers a range of limited-edition apparel collections, exclusive designer collaborations, gift items, and unique drinks creations.

The retail destination centre:mk Milton Keynes in the UK has been recognized for its sustainability achievements over the last 24 months with a Green World Award. The Green Apple Awards enable companies and organizations to win environmental recognition not only for themselves, but also for their countries.

Newsec launches a new initiative, Newsec Digital Accelerator, to further enhance the position within digitalization and sustainability. Christoffer Börjesson is appointed to head up and continue developing this strategy.

Ulrike Gehmacher has taken over the sustainability agendas of Immofinanz as the Head of Group ESG. In this role, she has been responsible for the group-wide coordination and implementation of the company’s sustainability strategy since the beginning of February 2022, leading a cross-functional ESG committee that implements a sustainable value chain in the company.

Many retail real estate companies are currently hesitant to promote their sustainability efforts. The fear of being accused of greenwashing if the location or company is not 100% sustainable outweighs the potential upside of leasing to green-minded tenants. Yet, there is a clear and simple strategy when it comes to marketing one’s sustainability efforts without fearing to be accused of greenwashing.

Immofinanz is presenting its new residential brand “On Top Living” at the real estate trade fair, MIPIM in Cannes. Under this brand, tenants will be offered up to 12,000 smart and sustainable apartments at affordable prices in the medium term.

The return to a virus-free world, the fight against global phenomena such as climate change, and the conflict in Ukraine – this and many other issues are driving the retail industry in Cannes.

German non-food retailer, TEDi, and the Austrian chain of sport stores, Hervis, will open their shops in newly emerging retail parks in Romania developed by the Polish company Scallier. In total, the new stores will occupy an area of ​​nearly 5,500 sq m in the facilities located in Timisoara, Vaslui, Mosnita, Turda (TEDi) and in Vaslui and Turda (Hervis).

The retail park in Focsani, which was opened in November last year, received the BREEAM certificate at the Excellent level. A commercial facility with a lease area of 5,000 sq m is part of the network of compact retail facilities developed by the Polish company Scallier in Romania.

ACROSS Magazine’s compilation of research studies shows how the retail and real estate industries are meeting sustainable economic models of production and services, while eliciting innovation and a commercial evolution.

Sustainable certification and rating systems are very common by now. But how much do we really know about these certifications, and how do they apply to sustainable buildings? Safe Asset Group came up with a comprehensive overview on certificates.

Sonae Sierra rencently started a new chapter in management and strategy. In line with this the company has now launched a new image and positioning, illustrating the company’s new strategic cycle.

Hines, on behalf of Bayerische Versorgungskammer (BVK), has signed a €50 million green loan with CaixaBank as part of a new financing package for its flagship Preciados 13 project in Madrid. In 2017, the mixed-use building was acquired by Hines on behalf of BVK Highstreet Retail Preciados S.L.U.

TORG International will collaborate with Start Concept on leasing the first outlet in Brussels. Construction of the entire project is well advanced with an opening planned for late 2023.

The operation of the firm’s Sustainability and ESG teams in the CEE region will be co-ordinated by Tereza Jelínková, Associate in Cushman & Wakefield’s Czech office. She will thus expand her existing role in the Project Development Services team where she is currently responsible for the Project Management team focused on asset level projects and sustainability.

Sustainability is the order of the day – for all industries, but especially for the retail industry. What is the status quo in the core consumers sectors, brands, investors and asset managers?

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