Management

LATEST TRENDS AND PROGRESSES IN ASSET AND CENTER MANAGEMENT

Glasgow’s leading retail and leisure destination, Silverburn has landed a top award at this year’s REVO’s, the UK’s leading awards dedicated to recognising and celebrating talent within the retail, leisure and placemaking property sector.

ECE Marketplaces is reshaping its executive leadership: Effective 1 January 2026, Jan Lorenz will join the management board of the shopping center operator. In addition, Robert Heinemann will transfer from ECE Group Services to ECE Marketplaces in his role as Managing Director.

During its meeting on December 3, Unibail-Rodamco-Westfield’s Supervisory Board appointed Kathleen Verelst as Chief Investment Officer (CIO) and a member of the URW Management Board – recommended by the Group’s Governance, Nomination and Remuneration Committee (“GNRC”). The new appointment comes into effect on January 1, 2026.

Cenomi Centers, the leading owner, operator and developer of contemporary lifestyle and retail destinations in Saudi Arabia, today announced the official rebranding of its Nakheel Dammam Mall to Westfield Dammam – strengthening the centre’s position as a leading retail and leisure destination in the Kingdom, home to 292 stores and over 58,000 square meters of gross leasable area.

One of Europe’s key outlet players, NEINVER, shares strong performance in Q3 report across its entire outlet center portfolio. Overall brand sales results show an increase of 5% compared to last year’s data.

Starting from January 1, 2026, HBB Centermanagement GmbH & Co. KG will take over both the center and leasing management for LOOP5 in Weiterstadt, Germany. The center management company has already been supporting the shopping center’s leasing activities since early September this year.

One of Europe’s most significant privately owned real estate companies, Redevco is strengthening its retail real estate arm by acquiring the 10,000 sqm large Vimbuch Center in Bühl, Germany. The retail destination is now revitalized and fully leased to REWE, Penny, Rossman and 11 other tenants for long-term.

Westfield Shopping City Süd (SCS) demonstrates what the future of shopping centers looks like: Top international brands, nationwide store premieres, and an expanded premium segment meet a new entertainment area featuring bowling lanes, escape rooms, karaoke, and arcade games. A culinary offering ranging from iconic US burgers to French bakery artistry and Thai brunch creations is added to the mix. The result: a destination that no longer only attracts people for shopping, but brings together visitors of all generations more often, for longer, and in more diverse ways – setting new benchmarks for footfall.

A new chapter begins for Gropius Passagen in Berlin-Neukölln. With the appointment of Christian Danne as Center Manager, one of the city’s top retail destinations is setting a fresh strategic course. Covering around 94,000 square meters of retail space, featuring over 150 stores, and welcoming roughly ten million visitors a year, Gropius Passagen remains a key anchor of Berlin’s retail landscape.

Part of the Austria based Erste Group, REICO is soon to acquire PALLADIUM Prague shopping center, in Prague, Czech Republic. As of today, the value of the transaction has not been revealed, and the transaction is currently being assessed by the Office for the Protection of Competition (UOHS).

With malls, retail parks, hotels, and housing projects, BALFIN Group is setting new standards in Southeast Europe. In this interview, Vice President Csaba Toth outlines the expansion from the Balkans to Western markets and explains why digital innovation and an integrated approach make BALFIN a prime partner for investors and brands.