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THE LATEST PLACEMAKING NEWS

Anna Bartoszewicz-Wnuk, Anna Młyniec, Agata Sekuła and Savvas Savva have been appointed Members of the Management Board of JLL in Poland. All four of them join Tomasz Trzósło (Managing Director & President of the Management Board), Małgorzata Żółtowska and Kazimierz Kirejczyk (Vice-Presidents) to strengthen JLL’s position on the real estate market in Poland.

Cano in Singen keeps taking shape: The preparations on the building site are almost complete. The construction on the actual shopping center building and the surrounding area in the city center of Singen will commence in April. At the same time, the leasing of the shop spaces is ongoing: More than 70 percent of the shops have already been leased.

PATRIZIA Immobilien AG, the global partner for pan-European real estate investment, has acquired a portfolio of 27 retail properties across Germany from Marathon Asset Management for around EUR 100 million on behalf of PATRIZIA Retail Opportunity SCS fund, increasing the portfolio of retail assets PATRIZIA manages across Europe to around EUR 8.3bn.

Supernova Invest GmbH, a leading private real estate company with a buy-and-hold investment strategy focused on high quality retail properties in Central and Eastern European countries, has announced the opening of the extended and refurbished Supernova Koprivnica shopping park in Croatia in mid-April 2019. Further refurbishments are planned for other Supernova retail assets in Croatia and Slovenia.

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.