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THE LATEST PLACEMAKING NEWS

Yet another country was added to the JYSK world map, when the first store in Cyprus opened in Nicosia Mall on April 6,2019.

The LVMH group’s brand, Sephora, which is present in 5 out of 6 Wereldhave shopping centres in France, covering nearly 2,000 sq m, is re-engaging for a 10-year period. Sephora is the market leader in beauty products in France and is present at Côté Seine in Argenteuil, Docks 76 and St Sever in Rouen, Mériadeck in Bordeaux and Rivétoile in Strasbourg.

EPISO, an opportunity fund advised by Tristan Capital Partners, in partnership with Addington Capital, have sold a 4.5-acre residential site with consent for 447 units to Strawberry Star Homes. The site is alongside the joint venture partners’ Harvey Shopping Centre in Harlow, UK.

Trei Real Estate GmbH (Trei), a developer with over 10 years’ experience on the Polish commercial real estate market, is rapidly developing a network of convenience retail parks. The company, part of the German Tengelmann Group, has now opened its 11th Polish retail park, operating under the Vendo Park brand, in Bytów. This is the developer’s first investment in the Pomerania region. The total cost of investment was approximately EUR 4 million.

Deka Immobilien GmbH has acquired a retail park in Sweden for around EUR 70 million. Aberdeen Standard Investments European Real Estate Club II sold the property, which will be added to the portfolio of the WestInvest TargetSelect Shopping sector fund for institutional investors.

The retail and shopping center experts from CMde Centermanager und Immobilien GmbH are now responsible for the center management, property management and leasing of the Lenné Passagen in Frankfurt (Oder), Germany.

LabTech, owner of Camden Market, and Colliers International have created an innovative new approach to leasing the retail and F&B element of Hawley Wharf, the 580,000 sq ft mixed-use destination that is due to open in Camden this autumn.

Frenchgate Shopping Centre in Doncaster has received planning consent for a multiplex cinema and is currently in discussions with two well-known cinema brands. Work on the £8 million investment will begin later this year, ahead of a spring 2020 opening. The planning permission is part of an ongoing investment strategy by the centre’s owners, The Frenchgate Limited Partnership.

Mall of Tripla, the largest shopping centre in Finland and the entire Nordic region, will open on October 17, 2019. The new Pasila station will also be inaugurated at the same time. The opening festivities are expected to attract a large crowd from across the Helsinki metropolitan area.

HMSHost International, global market leader in the food and hospitality industry for people on the move, has signed new contracts with both Shanghai Pudong Airport and Beijing Daxing International Airport. It opens up the way to create 14 new Food & Beverage locations. Under the agreement more than 85% of the new F&B locations will be fully operational before China celebrates their national day on October 1st 2019

Lend Lease Retail Partnership (LLRP), a fund managed by Lendlease, has officially announced the opening of the debut restaurant for Jamaya, an authentic jerk and Jamaican fried chicken concept, located in the Upper Jubilee space of Touchwood Shopping Centre, Solihull.

The cornerstone ceremony for Galeria Chełm, the first shopping centre in the town of Chełm, was held on Friday, 22 March 2019. Held near the intersection of Lubelska street and Rejowiecka street, the ceremony was attended by representatives of the local government, the project investors Acteeum Group and Equilis Europe SA, prospective tenants as well as other companies involved in the development.

A connected, future-ready, liveable urban core – that’s the vision for the city of Wolfsburg’s Nordkopf district. The development project is now picking up speed. The plans for the inner city areas to the south and the west of the Wolfsburg train station will be designed by the SIGNA Group, which has been signed as an investor and a project developer for the entire area. The Austrian SIGNA Group and Wolfsburg AG are concluding a project development agreement for this purpose. The next step for the project partners will be to develop an overall concept to be put to the Wolfsburg City Council and all other involved parties for approval.