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THE LATEST PLACEMAKING NEWS

Boostcom, the world’s leading proptech supplier for shopping malls, has acquired iColumn in Asia. The companies help increase shopping centre revenues, both instore and online.

Independent bakery and baking school, Bread Ahead, is the latest retailer to join the line-up at Wembley Park, the £3bn urban development adjacent to the world-famous National Stadium.

Sloane Stanley has announced phase one of the opening for popular chic cake and confectionary brand, Peggy Porschen, at 219 King’s Road. Boasting a prime corner position, the 2,400 sq ft Parlour marks the second site for the brand, after their debut in nearby Belgravia in 2010.

Seed portfolio in the Stuttgart suburbs – KGAL Group’s first open-ended mutual real estate fund, KGAL immoSUBSTANZ, has started with the acquisition of two properties in the fashion outlet city of Metzingen, and in Wannweil (a district of Reutlingen).

Nathalie Lohaus took over the position as Head of Commercial Partnerships at Unibail-Rodamco-Westfield Germany in March 2019. Her activities focus on mall retail in the form of pop-up shops, kiosks and promotions, the creation of brand experiences through events and cooperations as well as the management of media campaigns on digital and static advertising spaces. Previously, she worked for the company as Deputy Head of Shopping Center Management as well as Center Manager at Ruhr Park Bochum.

Equilis Europe: 7 countries (Belgium, France, Spain/Portugal, The Netherlands, Poland, The GD of Luxembourg) – 1 headquarter. Retail development: 300,000 sq m built (retail+others) and 174,000 sq m under development/construction.

As the portfolio manager for the open-ended special AIF Vontobel Sustainable Real Estate Europe, Quadoro Doric has acquired the office and commercial building “Marble” in a central downtown location in the Finnish city of Turku. Turku is the sixth largest city in Finland with a population of around 190,000. This is the AIF‘s second purchase in Finland.

Popular German eatery Herman Ze German is to open its first UK site outside of London at Grand Central, Birmingham. Due to open on April 1st 2019, the brand will be located next to Tortilla within Birmingham’s iconic Bullring Estate, which comprises Bullring & Grand Central, and Link Street.

Sloane Stanley has announced that luxury sofa and bespoke furniture specialists, The Sofa & Chair Company, has opened an exclusive pop-up at 320 King’s Road. The pop-up calls upon established retail partners, from the King’s Road, to create new bespoke showrooms for visitors.

NewRiver has announced the opening of a new Primark store at Priory Meadow Shopping Centre, Hastings. Primark, a leading international retailer and NewRiver’s sixth-largest tenant by rental income, occupies a unit with a 40,000 sq ft gross internal area and joins a strong retailer line-up at the centre that includes H&M, a recently-enlarged JD Sports, Poundland, Boots and Superdrug.

Shelley Sandzer, the leading specialist UK leisure property agency, has acted on behalf of the brand in a deal which will see Neapolitan sourdough pizza brand, Franco Manca, secure its next London location at 29/31 Greenwich Church Street, due to open in April.

CBRE arranged leases of two new shops to Spanish jewellery brand TOUS. Its new locations are at Arkády Pankrác in Prague and Olympia in Pilsen. These two shops are the 11th and 12th outlets of this successful company in Czechia which came here three years ago. During the cooperation, CBRE helped open as much as half of the brand’s shops in the country. The expansion documents how successful TOUS is on the Czech market.

British Land announces that John Gildersleeve will retire as a non-executive director and step down as Chairman of the Company at the conclusion of this year’s AGM on 19 July 2019. John joined the Board as a non-executive director in 2008 and has served as Chairman since January 2013.

IMMOFINANZ recorded strong growth in the number of visitors to its retail properties in 2018: More than 142 million customers visited the STOP SHOP retail parks and VIVO! shopping centers with over 800,000 sqm of rentable space. That represents an increase of roughly 20 million visitors, or 16.7%, over the previous year. On a like-for-like basis, i.e. after an adjustment for acquisitions, sales and completions, the number of visitors rose by 4.8% to approximately 128 million. The retailers operating in the IMMOFINANZ retail parks and shopping centers generated a year-on-year increase of nearly 5.0% in their gross sales revenues.

Primark has launched its first ever range of jeans made from 100% sustainable cotton. Produced in three different washes (indigo, black and light blue), the women’s skinny jeans will be sold in stores across all markets, at a cost of £13/€17. Primark’s customers are looking for amazing fashion at an affordable price, and this range is no different.

redos Group, one of Germany’s leading real estate specialists for the retail sector, acquired a total of 18 new properties last year for its two restricted alternative investment funds offered in partnership with Union Investment, the Redos Einzelhandel Deutschland fund and the Redos Einzelhandel Deutschland II fund. With these additions to the fund portfolios, total invested assets rose to approx. EUR 1.3 billion, a year-over-year increase of some 37 per cent.

Hamburg-based redos Group, one of Germany’s leading retail property specialists, has announced three major new additions to its team: Jan Steinhauer (43) as Technical Head, Dr. Till Dunemann (38) as Director and Project Head – Rhein-Ruhr Zentrum, and Mathis K. Freundl (32) as Finance Manager.