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THE LATEST PLACEMAKING NEWS

This September, Westgate Shopping City celebrates several new store openings. These stores come from a wide variety of sectors, including interior design, furniture, and fashion.

Commerz Real has sold the retail shopping center Montijo Retail Park near the Portuguese capital Lisbon to CA Património Crescente, an open-ended real estate fund managed by the Portuguese Square asset management.

Realm has appointed Michelle D’vaz-Plant as Head of Marketing for London Designer Outlet (LDO). She joins from her position as Marketing Director at Jessops where she oversaw new store development work across more than 20 locations.

Axel Drwenski will take up the newly created post of Head of Research at KGAL. He and his team will analyse and evaluate all the markets and asset classes – predominantly Real Estate, Infrastructure and Aviation – that are relevant to KGAL.

Real I.S. AG and MEC METRO-ECE Centermanagement have leased an approximately 1,500 sq m rental space in the “Shopping Cité” hybrid retail park in Baden-Baden to TK Maxx on a long-term basis. The company has celebrated its opening on August 29, and will be located in a newly created unit next to Media Markt in the future.