Advertisement

Ticker

THE LATEST PLACEMAKING NEWS

Citycon’s rent collection has been solid throughout 2020. As of today, the rent collection rate for H1/2020 stands at 94%. Solid collection rates have subsided, and 90% of July 2020 rents were collected in the beginning of week 37.

Forum Lviv won the ‘Best medium-sized shopping and entertainment centre’ award in the category ‘Cities with over one million inhabitants’ at the RAU Awards 2020 ceremony in Ukraine. The ceremony was organized by the Retail Association of Ukraine.

The Board of The British Land Company PLC announced that, after over 11 years as Chief Executive Officer, Chris Grigg has informed the Board of his intention to step down as CEO and from the British Land Board. Simon Carter appointed as his successor.

The German building services expert, Jörg Balow, is strengthening the top management team of ATP architects engineers Berlin. Together with the architect Niklas Veelken he has been leading the ATP integrated design office and its international team of 20 employees since July 2020. This means that ATP’s special integrated design culture is now also reflected by the management duo in its Berlin office.

Ingka Centres, part of the Ingka Group (which also includes IKEA Retail and Ingka Investments), has acquired the 6X6 building in downtown San Francisco from MSP Property LLP, a company controlled and owned by Alexandria Real Estate Equities Inc. and TMG Partners.

Further solidifying its position as the capital’s leading premium fashion and lifestyle outlet centre, London Designer Outlet in Wembley Park has signed further top brands, in deals that were mostly negotiated during the coronavirus lockdown. Police, in its first store in London, and NICCE, in its first stand-alone store, are amongst the top names set to join the line-up at the outlet centre in Wembley Park which has seen strong trading figures since the post-lockdown reopening in June.