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THE LATEST PLACEMAKING NEWS

Real I.S. AG has completed the soft refurbishment of the “Kröpeliner Tor Center”, a shopping center built in 2007 in Rostock, and held in the special “BGV VI” AIF.

Colosseum Centre, located in the north-western part of Bucharest, district 1, has attracted new fashion, leisure and food court tenants, as part of the extension plan of the commercial centre. As the construction work progresses, many tenants are interested to join Colosseum Mall. This trend is sustained by the strong performance of the existing Colosseum Centre which has given brands a great opportunity to develop their businesses in district 1, Bucharest.

The modern retail stock in Bucharest remained constant in 2018, at 1.2 million sq m. This level is 7% higher than in the Central-West region of the country, which reached 1,18 million sq m, and double the stock of the region of Moldova, which reaches 595,000 sq m.

The representatives of the investor presented a project of transforming Auchan Piaseczno in central Poland into a modern, multi-functional shopping facility.

Recently the shopping and entertainment center Akropole in Riga on Maskavas Street 257 celebrated its grand opening.

Martin Miklas was named the new CFO of HB Reavis. He took this position over from CEO Marian Herman, who had kept these responsibilities even after becoming CEO last year.

Recently Edinburgh St James has signed four brands from global retail group Inditex, including fashion powerhouse Zara, to form part of the retail offering at the 158,000 m sq m mixed-use development at the heart of the Scottish capital.

McArthurGlen Designer Outlet Ashford announced that work has started on Europe’s largest living wall installation, which forms part of the centre’s £90 million expansion. Made up of approximately 120,000 plants, the 25,000 sq. ft. living wall installation is set to create a striking atmosphere in the centre, with beautiful vertical gardens covering the walls of the new entry promenade, various walkways and many of the new stores.