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THE LATEST PLACEMAKING NEWS

EXPO REAL points the way to new beginnings: from October 11 to 13, 2021, the real estate industry will come together face to face in Munich again. A sophisticated protection and hygiene concept ensures that participants can experience a safe trade show in the five halls. The successful pilot trade fair TrendSet showed how much the personal exchange is coveted.

In the second quarter, Polish investment manager Scallier has started building Funshop Park in Focșani, a town of 100,000 people around 190 km from Bucharest. The centre is to comprise 5,000 sqm GLA, of which 70% has already been leased. The retail park is set to open in November this year. This is already the second Funshop Park on which construction work has begun, with the first retail park being in Roșiorii de Vede. The Roșiorii de Vede park will be opened in September 2021. Scallier is also preparing to develop retail parks in other Romanian towns.

Düsseldorf (Germany) based property developer and asset manager Concepta has hired Frank Westmeier as asset manager. In his new role, Mr. Westmeier supports the company in particular with the implementation of current and the acquisition of new asset management mandates in this field of activity, which is increasingly important for Concepta.

Etele Plaza scheduled to open in September at Etele Square in Újbuda, Hungary, will further expand its portfolio with a well-known and popular store. On the ground floor of Buda’s largest shopping centre, a SPAR supermarket, designed according to the highest demands and the latest concept, will be waiting for the tens of thousands of shoppers expected to visit the building every day.

The Bistro, the second tenant in the new gastronomy area on the first floor of Quarree, welcomes its guests with typical romantic Parisian flair and treats them to authentic, lovingly homemade French specialties with a Hanseatic touch.

It is a solemn fact that in order to understand the current situation of any commercial real estate market around the globe, including Turkey, analysis of the current impact of the Covid-19 pandemic on the main dynamics of the industry is required.

How retail-based mixed-use-projects should be developed in order to be successful in modern-day Ukraine.

Ingka Centers recently opened a new meeting Place in China’s Fuijan Province.

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