Outlet Village Belaya recognized as the Best Outlet Center for 2021.

LaSalle has reorganised its European operations in order to deliver a pan-European offering to institutional investors that are seeking a more integrated approach to the acquisition, management and divestment of assets.

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.

With market entry in Italy, Immofinanz now operates more than 100 STOP SHOP retail parks in ten European countries. Ten Italian STOP SHOP locations with a total investment volume of roughly EUR 250 million are planned by 2024.

Kaufland moves to Breisgau Center Freiburg.

Due to a cooperation between Fünf Höfe and Filmfest München, the shopping center’s Maffeihof became the festival’s most central open-air venue from July 2 to 10, 2021.

The store in Schwabach marks the 30th time this year that Kaufland has successfully integrated a Real store into its network.

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.

“Away I Go” – Travel Agencies at SES Shopping Centers are Busy Once Again.

Property held in a special real estate fund.

IPH Centermanagement continues its expansion course and can already announce the third new mandate in 2021 with the Libori Galerie in Paderborn. From 01.07.2021 Germany’s largest independent shopping center service provider will be responsible for center management, and from 01.01.2022 also for leasing management for the property.

Realm is delighted to be working on this new scheme and will be actively marketing the opportunities throughout the Summer of 2021. Enabling works have already commenced with a target opening date of 2023.

VIA Outlets has chosen Yardi® technology to support growth across its Pan-European portfolio.

Project Solar is gradually picking up pace. By the end of this year 28,000 solar panels will be installed to supply green power to local tenants. To reach this ambitious target, the first successful partnerships with Auto 5, Brico, C&A, Carrefour and Krëfel have already been established. Project Solar is part of Redevco’s Mission 2040, the European real estate investment manager’s commitment to making its assets under management CO2 neutral by 2040.

Peter Ballon, global head of real estate for CPP Investments, has been appointed as the new global chair of the Urban Land Institute (ULI). Ballon will serve on a voluntary basis for a two-year term and will provide member leadership as the Institute focuses on three new global mission priorities: decarbonization, education, and housing.

One of Warsaw’s most recognizable restaurant brands, the famous Blue Cactus Restaurant&Bar, will soon return to the capital’s restaurant map. The new nearly 450 sqm. restaurant and bar will complement the strong gastronomic offer planned for Norblin Factory, revitalized by the Capital Park Group in Warsaw’s Wola district.

The supply of grocery stores at Iso Omena will continue to be strong in the coming years, as Kesko and HOK-Elanto have entered into long-term extension agreements with Iso Omena. Iso Omena’s comprehensive grocery offering was also reflected in last year’s result, as Iso Omena became the largest shopping centre in Espoo and the second largest in the whole country in terms of sales.