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THE LATEST PLACEMAKING NEWS

Real estate investor Altera Vastgoed NV (hereinafter: Altera) has sold the retail property at Lijnbaan 81 in Rotterdam. The property is over 400 sq. m and is let to fashion retailer Mango.

Carmila is pleased to announce that it has joined the SBF 120 – a flagship Paris stock exchange index listing the top 120 Euronext Paris stocks in terms of liquidity and market capitalisation – as well as the CAC Mid 60.

Mall operators with large portfolios of retail destinations that embrace e-commerce next year will generate a billion dollars in sales by 2025, according to Coniq’s recently published industry predictions for next year.

At the beginning of October, construction works of the new retail park – Galeria Andrychów – a joint project of Acteeum Group and Equilis Europe, officially began.

With twelve mandate extensions, MEC enters the tenth year of its existence in a stronger position. METRO PROPERTIES extends all contracts for the center management of its twelve MEC locations, thus strengthening the continuity of MEC’s core business.

Icon Outlet at The O2 has announced British multinational brand, Next, is the latest retailer to join its premium outlet offering. As one of London’s leading shopping destinations, Icon Outlet welcomed the new store last week, joining over 60 other brands including Lacoste, Hugo Boss, Tommy Hilfiger, Levi’s, and GAP.

The funds division of retail real estate investor and asset manager redos has again significantly increased its assets under management this year. In the past eleven months, the division was able to acquire properties worth around EUR 220 million for three special AIFs of Union Investment Institutional Property GmbH.

ECE recently opened the Cano shopping center that it has developed and realized in the city of Singen in Southern Germany after roughly two and a half years’ construction.

Colosseum Mall will host next year two KFC restaurants. One of the two locations is going to be a Drive-Thru restaurant with over 300 sq m, while the other one will be a « fast food » restaurant within Colosseum Mall’s food court, with a surface of more than 150 sq m.

The First Store by ALEXA retail competition, initiated by the popular ALEXA shopping centre on Berlin’s Alexanderplatz, is being launched for the third time – and with an entirely new concept. After two editions as an open competition, it will be now run in cooperation with Deutsche POP.

At Vienna’s Westbahnhof station, a unique and sustainable IKEA store has been growing skywards since 2019. New construction progress is recorded almost daily – as is the roof levelling work scheduled for the end of 2020, which has now been completed on schedule despite corona.

LabTech, owner of Camden Market, and London’s first eco market, Buck Street Market, has announced the launch of its latest initiative, Camden Market’s Big Winter Thank You. This Christmas, LabTech has focused its financial resources on thanking the community, customers, and retailers for their ongoing support during the pandemic.

The tenant mix in Galeria Awangarda (Bartoszyce, Poland) is reinforced by well-known international brands. For instance, Rossmann (Europe’s largest retail chain of make-up, household goods, foodstuffs) and Pepco (a chain of discounted clothing and household goods) have signed lease agreements for five years and will occupy areas of 440 sq m and 540 sq m, respectively. The opening of Rossmann store is scheduled for February 2021. Pepco’s – during the second half of the next year.

With a focus on providing the community with a relevant and essential offering, Sloane Stanley are pleased to announce that Farm Fetch, a food boutique with the soul of the farmers market, will be opening their first concept store at 259 King’s Road. In addition, independent luxury chocolate brand, Melt Chocolates, has opened a pop-up kitchen at 340 King’s Road.