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THE LATEST PLACEMAKING NEWS

“Covid-19 is the biggest challenge of our time and it affects the retail sector as well as the retail real estate market. With the study Footfall Anchors Post Corona–5 Propositions for the New Future of Retail, we discuss the current situation for retailers, investors, project developers, and municipalities on a broad scale. In collaboration with renowned experts we discuss the new future of retail, the real estate industry, and subsegments of the retail real estate sector. The result is a comprehensive documentation of the status quo regarding the situation of retail asset class.” – Angelus Bernreuther, Head of Investor Relationship Management at Kaufland Germany.

Hines, the international real estate firm, has summed up the performance results of the Outlet Village Belaya Dacha for the three quarters of 2020. According to the numbers, Moscow’s outlet village welcomed +5% more visitors compared to the same period in 2019.

Hammerson plc has announced that it has completed the sale of substantially all of its 50% interest in VIA Outlets to the APG Strategic Real Estate Pool, a mutual fund managed by APG Asset Management N.V., for €307 million (£277m).

Żory is a city with over 60,000 inhabitants that has just acquired a modern shopping mall. On October 22dn this year, at 13, the first, modern shopping and entertainment center Galeria Wiślanka was officially opened.

Redevco is happy to report successful leasing in properties in Berlin, Münster and Rostock. Restaurant chain Vapiano remains a tenant of ALEA 101, the mixed-use property at Berlin’s Alexanderplatz, with offices, apartments, and retail units. A new 10-year lease was concluded for the existing area of around 1,100 m².

The first collection of premium brands has been unveiled for McArthurGlen Designer Outlet West Midlands, marking an exciting milestone in the £160 million development that will be the UK’s newest major fashion and leisure destination when it opens in early 2021.

Tokmanni, Finland’s largest general discount retailer, will open its comprehensively renewed store in Hamina on Thursday 29 October 2020 at 8 am. The opening of the modern and more attractive store will feature many special offers and Tokmanni’s popular free buckets filled with product gifts. Tokmanni will, naturally, ensure a safe shopping experience also at its store opening events.

Recently La Torre Outlet Zaragoza was opened. This venture a joint project of Pikolin Group and GPA, managed by ROS Retail Outlet Shopping. The scheme’s concept of an open-air shopping destination complies with all the current safety measures.

Hammerson plc announces the appointment of Connor Owens as its new Director of Ireland. Connor will head up Hammerson’s Irish business, and lead the operation across its high quality portfolio, which includes Dundrum Town Centre, the ILAC Centre, and Swords Pavilions.

CBRE launches a range of omnichannel services in Romania, for retailers who want a quick adjustment to the new market context by expanding industrial spaces. Omnichannel services have already been present for three years in the global CBRE network, mostly in the United States and the United Kingdom, and the Covid-19 pandemic has accelerated the synergy between retail and industrial worldwide.

La Torre Outlet Zaragoza opens on October 22, 2020. Its inauguration will take place at 10am, with spectacular opening offers for all visitors. Due to the current health situation and the
recommendations given by the Health Authorities, La Torre Outlet, located in the capital of Zaragoza has prepared a phased opening weeks promotion to avoid agglomerations, which
will last till mid-November.