July 27, 2020

Union Investment Real Estate GmbH is reinforcing its senior leadership team by bringing on board Michael Bütter (50), a respected real estate manager with many years of industry experience.

Ceetrus announces additions to its Board of Directors and Management at a global and local level, with the appointment of two new members. Antoine Grolin, 44, an international real estate specialist, has just been appointed Chairman of the Board of Directors of Ceetrus. On a national level, Séverine Bodard, with 20 years of experience in management, development and transformation of real estate, steps in as Director of Ceetrus Portugal.

Apricot, an independent British brand has opened the doors to its first West Midlands store at intu Merry Hill. The new 2,500 sq ft store will enhance the centre’s female fashion offering.

Queensberry announced a landmark letting at its Metquarter asset. It has obtained planning permission that will allow Liverpool media, music and performing arts institution LMA to open a brand new state of the art teaching campus at the repurposed shopping centre.

Neinver has successfully completed BREEAM In-Use recertification of all its centres in Spain, Italy, Poland and France.

Supermarket Income REIT, the UK supermarket real estate investment trust providing secure, inflation-protected, long income from grocery property in the UK, announces the acquisition of the Tesco Extra in Newmarket, Suffolk, from Standard Life Pooled Pension Property Fund for £61.0 million (excluding acquisition costs), reflecting a net initial yield of 4.6%.

Leading management and technology specialist for parking and visitor insight, GroupNexus, has identified that during the first week in July, motorway service station visits have now surpassed pre lockdown figures from the same period four months ago, showing an increase of 4.46%, whilst dwell time has decreased by 14% to 30mins, compared to pre-pandemic. [1]