Hammerson plc announced that, following the clearing of the City of Paris pre-emption right, it has completed the sale of the 75% stake in the Parisian shopping destination Italie Deux to AXA Investment Managers – Real Assets for €430m (£362m).

Balfin Group’s current contribution is 340,000 euros.

This freestanding building in the Haussmann style enjoys a prestigious location opposite the Printemps and Galeries Lafayette department stores.

Remarkable is the positive increase in the gross margin to 58.2% of sales, and the strong net cash position, up +17% to reach €7.7 billion, underpinned by strong operating performance.

Kai Aejmelaeus was appointed in 2018 and has decided to leave the company to pursue other business interests.

Sparkle PR Group announces the start of cooperation with The Outlet Moscow whose PR interests the Agency will represent in Russia.

Celebrating the end of a successful year of Arts, Sloane Stanley has announced the latest street art installation just in time for Christmas. The festive scene is the seventh to appear on the King’s Road this year, and features a forest scene with skating rink alongside a warming winter hearth by artist Antonio Rodrigues Jnr.

Following a strong year for its retail leasing strategy, Grosvenor Europe has officially announced the launch of Kate Spade New York’s pop-up store and Mint Velvet’s new boutique at Liverpool ONE.

Unibail-Rodamco-Westfield and the future operator Explorado Group will open the new EXPOHALLE on the promenade of Centro in Oberhausen in March 2020. The approx. 2,800 sq m hall will be a platform for various events, leisure and entertainment exhibitions. The first highlight will be a multisensory and interactive exhibition of the “Smurfs”, which has already made successful stops in Paris and Brussels.

The world market leader in festive decorative lighting has once again declared a record turnover in 2019, with worldwide growth in retail and city markets as well as in its new Light Park event solutions.

Opening in time to benefit from centre:mk’s significant Christmas trading period, during which footfall is anticipated to exceed seven million visits, Lush, the handmade bath art and cosmetics brand, has recently launched a 2,793 sq ft store in centre:mk.

Dekoria will occupy 856 sq m of retail space in Domoteka, a premium homeware retail complex in Warsaw.

In spring 2020, Chimi Eyewear will open a new flagship store in the Hufvudstaden property at Kungsgatan 6 in the centre of Stockholm.

Railpen has announced the launch of global sports retailers adidas and Reebok at its newly re-branded designer village, Caledonia Park, in Scotland.

The supervisory board of publity AG has prematurely extended the executive board contract of Frank Schneider by five years, until December 1, 2024.

Atrium announces that, further to the statements made in its announcements of 23 July and 7 November 2019, its board of directors has taken the decision to reinstate the Q3 and Q4 2019 dividends.

Hines has announced new store openings at the Royal Exchange Manchester in the build up to the busy Christmas period.

The Russian Council of Shopping Centres (RCSC) awarded Okhta Mall and Pearl Plaza shopping centres, located in St. Petersburg, as the winners of “Operating Shopping Centre”.

Dan Nastase joins the Asset Services department to coordinate the Penny Market portfolio.

A range of festive activities have begun at Elephant Park in south London where a four-week pop-up titled ‘Merry Elephant’ is transforming the recently opened Sayer Street and Deacon Street into a mini Winter Wonderland, at the £2.3 billion regeneration project led by Lendlease and Southwark Council.

Zadar Shopping Capitol, part of the Capitol Park family, welcomed its first customers with the opening of a 6,400 sqm centre in Ante Starčevića street.

Trei Real Estate GmbH, a property developer and property asset holder of residential and retail real estate with activities across Europe, develops its sixth retail park of the Vendo Park brand in the Czech Republic.

Based in Amsterdam, Nigel will be responsible for Cromwell’s corporate finance operations across Europe.

The Irish clothing chain Primark‘s long-anticipated market entry into Slovakia has been confirmed: the company has signed a lease agreement with Eurovea. This exciting news also comes at a time when this attractive riverside retail centre has announced 70% occupancy of new commercial premises in the forthcoming extension.