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THE LATEST PLACEMAKING NEWS

Atrium European Real Estate Limited, a leading owner, operator and redeveloper of shopping centres and retail real estate in Central Europe, reports its financial results for the year ended 31 December 2019 and the outcome of its strategy review.

Capital & Regional, the convenience and community focused shopping centre REIT, announces the appointment of David Hunter as non-executive chairman, which is proposed to take effect at the conclusion of the 2020 Annual General Meeting on 20 May 2020.

Foundation stone laying ceremony for our Delta Planet Nis shopping mall has announced the official start of the construction. The foundation stone for Delta Planet Nis was symbolically laid by Delta Holding Young Leaders.

“Torbjörn Lööf, who has successfully led Inter IKEA Group, headed by Inter IKEA Holding B.V., for the last seven years, has decided to end his assignment,” says Anders Dahlvig, chairman of Inter IKEA Holding B.V. “His successor will be Jon Abrahamsson Ring, who today leads IKEA franchising.”

In view of the increasing spread of the coronavirus in Europe and after intensive consultations, Messe Frankfurt has decided to postpone Light + Building. The world’s leading trade fair for lighting and building-services technology will now be held in Frankfurt am Main between the middle and end of September 2020. The cooperation partners of the international trade fair, ZVEI and ZVEH, support this decision.

Hines, the international real estate firm, announces the annual results of Outlet Village Belaya Dacha for 2019. The key performance indicators of the outlet suggest the steadily increasing interest of the audience in the format; over the past period, the shopping complex has shown an increase in sales and traffic.

Unibail-Rodamco-Westfield (URW) will build the three planned hotels (Pullman, Novotel & ibis Styles) in Westfield Hamburg-Überseequartier in cooperation with the travel and lifestyle group Accor and the real estate developer B&L Group. From end of 2022, the Accor hotel brands Pullman, Novotel and ibis Styles will open around 830 rooms in the mixed-use district on the river Elbe.

Hines, the international real estate firm, announces 2019 results of Outlet Village Pulkovo. Double-digit growth of the outlet village’s sales and footfall indicators over the past year demonstrates the continuously increasing interest of city residents and tourists.

Hammerson has exchanged unconditional contracts on the sale of a portfolio of seven retail parks to Orion European Real Estate Fund V for a headline price of £400m with expected net proceeds of £395m.

umdasch The Store Makers are presenting new perspectives for the retail sector of the future on a fair stand extending over 900 square metres at the EuroShop in Düsseldorf from 16–20 February 2020. In an integral tour of all sectors of retailing visitors can experience multimedia ideas, unusual materials and countless opportunities for profitable measures at the point of sale.

On February 13, the eagerly anticipated McArthurGlen Designer Outlet Málaga opened to the public. The first of its kind in the south of Spain, the new designer outlet offers both local and international visitors an extraordinary shopping experience, combining fashion, culture and entertainment, all in a beautiful setting with savings of up to 70%.

In the new Terminal C of Moscow’s Sheremetyevo Airport, Sheremetyevo Duty Free – a joint venture between the airport, Gebr. Heinemann and Greenway – launched its luxury market place with the opening of two multi-brand stores in the categories Fashion & Accessories as well as Watches & Jewellery (FAWJ).

Hammerson has announced that Simon Betty, currently Retail Director for Ireland has been appointed to the newly created role of Managing Director City Quarters and Developments, representing another important milestone for Hammerson’s implementation of its City Quarters strategy.