Shelley Sandzer, the leading specialist leisure property agency, and Gerald Edelman, one of the leading mid-market business advisory and professional services firms in the UK, have announced the creation of a new business, Shelley Sandzer Corporate Finance (SSCF).

Neucölln Carrée in Berlin changes ownership. Union Investment acquired the centrally located local supply center in Berlin’s Neukölln district (on the corner of Sonnenalle and Grenzallee) with a leasable of 13,364 sq m and 14 shop units for its institutional real estate fund.

IKEA takes the sustainability journey to the next level by challenging an icon – the meatball – and has created a more sustainable option for the many meatball lovers.

The opening of Colosseum Mall in Bucharest, initially planned for the end of this year, is rescheduled for 2021, considering the unpredictability of the business environment under the impact of Covid-19 pandemic.

The owner-managed RATISBONA Handelsimmobilien Group has realised almost 16,000 sq m of retail and commercial space in the first half of 2020.

LabTech, owner of Camden Market, has announced its eco-led sister development Buck Street Market will officially reopen for business on July 15.

centre:mk has announced that Dune London, the footwear and accessories brand, launched its latest store and first to open post-lockdown, at 31 Silbury Arcade. As one of the UK’s top 10 shopping centres, centre:mk welcomes the footwear retailer alongside over 120 stores that have now reopened since 15 June, including John Lewis.

Planning permission has been granted for the £250m replacement of Crompton Place shopping centre with a mixed-use, masterplan-led redevelopment of this strategically important town centre site, which lies at the heart of Bolton Council’s £1.5bn plans for the town centre.

Global real estate services firm Cushman & Wakefield has been named the Best CEE/SEE
Retail Real Estate Agency at the HOF Awards & Forum.

DIC Asset AG, one of Germany’s leading listed property companies, announced that an agreement with its tenant Galeria Kaufhof GmbH had been reached regarding the prolongation of existing tenancies of its Chemnitz and Leverkusen assets on July 3, 2020.

These companies will be exhibiting at Propel by MIPIM: Métropole du Grand Paris, Paris & Co, E.ON, Saint Gobain, Schneider Electric, ArcelorMittal and numerous startups.

The Management Spokesman of Zentraler Immobilien Ausschuss (ZIA), the central association of the real estate industry, will start working for project developer ECE in Hamburg on September 1, 2020.

The largest independent toy retailer in the UK, The Entertainer, officially re-opened its doors on June 15th to its brand-new regional flagship store in Bullring.

Since March, IKEA Retail (Ingka Group) has supported over 600,000 people in 30 countries, whose lives have been impacted by the unprecedented coronavirus pandemic.

One ticket for three leisure destinations: Enjoy your summer at Autostadt, phaeno, and designer outlets Wolfsburg. On July 6, 2020, the erlebnisreif-partners Michael Ernst (Center Manager of designer outlets Wolfsburg), Claudius Colsman (Member of the Management Team of Autostadt Wolfsburg), and Michel Junge (Managing Director of Science Centers phaeton) launched two special trains in Hanover.

“Is he unteachable? Or is Dr. Will actually stuck in a repeating time loop with his tenant survey SCPR 2020, just like the misanthropic weatherman Phil Connors in the popular comedy ‘Groundhog Day’?”

Commercial life begins anew at a tradition-steeped location: The former Brandt rusk bakery site is now the “Brandt Quartier”, the most modern retail park in the city of Hagen, which now will be operated by Deutsche Immobilien-Gruppe (the DI Group) for a fund run by Nuveen Real Estate.

Marks and Spencer will relocate to a flagship 20,000 sq ft store at Two Rivers compromising a new foodhall over 50% larger than the old store in the town. Lidl have also chosen Two Rivers as its preferred location in the town satisfying a long held requirement. Lidl opened a 15,700 sq ft store at the end of June.

Ingka Investments, the investment arm of Ingka Group (owner and operator of 381 IKEA stores) announces that a purchase agreement to acquire prime real estate in the heart of Paris has been signed. The space will be used by IKEA Retail France and the total investment is 130 million euros.

Jim Tucker, David Pike and Mike Pink from KPMG’s Restructuring practice have been appointed joint administrators to intu properties plc.

Ingka Centres launches new online community and marketplace – LIVAT online.

Investment in online capabilities and delivery apps across the retail sector is expected to increase further, according to the latest research from global real estate advisor, CBRE. Online sales have helped many retailers offset some of the lost revenue from store closures during the lockdown period.

The Frankfurt-based asset and property manager GPEP GmbH appointed real estate economist Mischa Koch as Head of Key Account Management and Business Development in early June.