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THE LATEST PLACEMAKING NEWS

Trei Real Estate GmbH will be opening its 26th retail park under the Vendo Park brand in Poland. It is located in Oświęcim, a small town of around 40,000 residents in the Lesser Poland Voivodeship in southern Poland. This latest Vendo Park has a leasing area of around 5,300 square metres and is leased to seven retailers and a supermarket. In total, Trei invested c. 7,2 million euros in the property.

Titled ‘Summer Social’, the event features an 8,000 sq ft beach, retro fairground rides, live music and entertainment and independent pop-up food and drinks brands, including Boujee Bar, made famous by its founder, reality TV star Lystra Adams.

The new ITV leisure attraction, the “I’m A Celebrity… Jungle Challenge” has opened at Quayside MediaCityUK. The 2,500m2 indoor entertainment venue gives fans of the UK’s ITV hit TV series, “I’m a Celebrity… Get Me Out of Here” the chance to navigate a series of fun-filled physical challenges as they race against the clock in a bid to collect stars and be crowned King or Queen of the Jungle.

Shopping and entertainment centre development and management company Akropolis Group signed an agreement to acquire the Alfa shopping centre in Riga, Latvia, from AMD Holding. The seller was represented in the deal by real estate consultancy firm Newsec in the Baltics together with its partner BNP Paribas Real Estate. The transaction amount is not being disclosed.

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.

Balfin Group organized the first edition of Balfin Retail Forum in Tirana. The forum brought together executives and managers from SPAR, FGA, OnSolutions, Jumbo and Neptun, from Albania, Kosovo and North Macedonia, to discuss consumer trends, digitalization and the future of retail. The event was moderated by Julia Goga-Cooke, trainer in entrepreneurship, innovation and interpersonal skills. Retail Vice President, Julian Mane, was also present.

On this day, Ikea Westbahnhof Wien opens its doors after two years of construction. The new omnichannel store with its green facades is completely car-free. Among other things, a roof terrace offers a view over the Austrian capital.

YIT Corporation’s Board of Directors has appointed Tuomas Mäkipeska (43, M.Sc. in Economics) as YIT’s Chief Financial Officer and a member of the Group Management Team. He shall take over his position latest at the beginning of February 2022.

CBRE Global Investors announced the recent appointment of Adam Cummins, as the new Centre Manager at leading London leisure and retail destination, Angel Central. He joins the team at Lambert Smith Hampton, appointed by CBRE Global Investors as the managing agents for the destination.

In 2023, Stuttgart-based fashion and lifestyle company Breuninger will open a new flagship store in the Westfield Hamburg-Überseequartier district, its first location in northern Germany. As the largest anchor tenant by far in the heart of Hamburg’s HafenCity district, Breuninger will occupy a total area of more than 14,000 square metres in the future. The long- term lease agreement with the project developer and district operator Unibail-Rodamco- Westfield (URW) was signed today in Hamburg.

The Board has nominated George Aase as Chairman of the Board, effective 18 August 2021. Rudiger Dany has been contracted by the Company from 6 July 2021 and will be appointed as Chief Operations Officer of NEPI Rockcastle effective 18 August 2021.

A new logo, a new brand claim, and an attention-grabbing summer campaign announce the new collaboration between Designer Outlets Wolfsburg and Scholz & Friends NeuMarkt. In a pitch, the creative and versatile concept of the Hamburg-based company prevailed. The re-design of the logo creates modernity and the new claim “Everything but ordinary shopping.” reflects the center’sstrategic orientation to establish even more of an experience character.