September 6, 2019

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%.

The shopping center operator ECE and the pop-up store specialist Pop Up My Brand (PUMB), a Vertikom Group company, have developed a new store concept that opens on September 6, for the first time at Limbecker Platz shopping center in Essen.

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.