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THE LATEST PLACEMAKING NEWS

On September 21, Invesco Ltd. announced that Invesco Real Estate, the company’s global real estate investment business, has completed the acquisition of The Fort Shopping Park in partnership with George Capital, from a consortium of institutional investors including Nuveen Real Estate, CBRE Global Investors, Aberdeen Standard Investments and M&G Real Estate.

How the placemaking industry emerges stronger from the pandemic. Our 10 strategies for future-proof vibrant places.

VIA Outlets has unveiled a new corporate branding following an extensive rebranding undertaking. The new branding clarifies VIA Outlets’ brand purpose as redefining the outlet shopping experience and refocusses its mission and brand experience towards digital transformation and sustainability, which will sit alongside the company’s 3 R’s strategy of remodelling, remerchandising and remarketing.

Multi Corporation announced Forum Lviv has won ‘Best medium-sized shopping and entertainment centre’ in Ukraine in the category ‘Cities with over 1 million inhabitants’ at the Retail Association of Ukraine (RAU) Awards 2021.

Set to open in Westfield Mall of the Netherlands in Leidschendam, on the outskirts of The Hague, Peppa Pig World of Play, Indoor Play Centre will offer children a unique opportunity to jump into the world of Peppa Pig for an unforgettable adventure. Families are invited to join Peppa and her friends in jumping, laughing and playing in instantly recognizable locations from the hugely popular animated series ‘Peppa Pig’.

In the beginning of September, 2021, GRR Group bought two retail parks in Marne/Schleswig-Holstein and Krostitz/Sachsen for the German Retail Fund No. 3 and 4, respectively. Both transactions were asset deals with full disclosure on the total purchasing sum.

The brand new Etele Plaza opened its doors to the public at 10 AM on September 17, 2021. Budapest’s latest shopping and entertainment center located in the immediate vicinity of Etele square, Kelenföld will offer an outstanding range of stores and services, featuring unique digital and architectural solutions. The €300 million development is also the first smart plaza in Hungary.

Castellana Properties has rolled out a brand-new air purification system across its shopping centres, using technology developed by NASA and pioneered by ALANI SALUD. AirPure GM is a disinfection system designed to operate inside ventilation ducts, purifying the air within a radius of up to 400 sqm and making the air quality inside a retail space even better than outside air.

EXPO REAL is experiencing a strong tailwind from a successful IAA Mobility, which proved that Messe München’s hygiene and safety concept works.

H&M and Unibail-Rodamco-Westfield (URW) Germany are sending a strong signal for offline retail, for Berlin and for WILMA in Berlin Charlottenburg-Wilmersdorf: The Swedish textile retailer H&M extends its current lease in the shopping center for the long term and also increases the sales area.

European Council of Shopping Places (ECSP) and SAFE Asset Group are joining forces as of September 2021 to partner a future focus on managing risk within the retail property sector. Their relationship will result in the sharing of information and best practice on risk management and operational resilience to ECSP members based on SAFE’s world-class experience and expertise.

14 September 2021: UK Commercial Property REIT Limited (“UKCM” or the “Company”), which owns a diversified portfolio of high-quality UK commercial property, announces that it has acquired Trafford Retail Park, near Manchester, from Peel L&P for £33 million.

Yardi has been named for the sixth time to the Forbes Cloud 100, the definitive list of the top 100 private cloud companies in the world. Yardi was a member of the inaugural Cloud 100 in 2016, landed at No. 34 for 2020, and is No. 50 this year.