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THE LATEST PLACEMAKING NEWS

Otto Kajetan Weixler (60) is leaving the management board of the Apleona Group on July 1, 2019, and is moving to the supervisory board of the company.

Shaftesbury has welcomed award-winning Sichuanese restaurant, JinLi, who have opened a second restaurant at Central Cross, named JinLi Chinatown. This is following the success of their first restaurant, which won ‘Best in England’ at the Golden Chopsticks Awards in April 2018.

Strong performance due to good location and high retail centrality – Independent investment and asset manager KGAL is further expanding its portfolio of special real estate AIF, with a high-footfall and established specialist retail centre. The Westfalen Einkaufszentrum (WEZ) is located in the north of Dortmund city centre in Germany.

“It has been a challenging year for H&M group and the industry but after a difficult first half, there are signs the company’s transformation efforts are beginning to take effect. Improved collections generated better full-price sales and lower markdowns towards the end of the year. This gave us confidence to accelerate our transformation plans in the fourth quarter with a particular focus on the upgrade of our logistics systems. Inevitably resulting in increased costs but will lead to a range of improvements for customers.” Karl-Johan Persson, CEO

Lendlease and Invesco Real Estate, the global real estate investment manager, have announced that luxury crystal jewellery brand, Swarovski, is to open their latest store at Queensgate shopping centre in Peterborough this Spring.

Realm, the specialist asset manager, has seen strong performance over the Christmas period across the key outlet assets it manages – Livingston Designer Outlet, Resorts World Birmingham, Dalton Park in County Durham and London Designer Outlet in Wembley.

Global fashion brand, Polo Ralph Lauren, is set to open its latest store in Liverpool ONE this spring. It will occupy a 1,900 sq ft space and will include both womenswear and menswear collections.

JSE-traded EPP, the pure Polish retail property fund, delivered a total return of 21% in 2018 to significantly outperform the market, making it the top performing listed property company of the year. This is a significant difference from the benchmark index (SAPY) total return of -25%.

The Supervisory Board of Wereldhave NV announces that Dirk Anbeek, CEO of the Company, will leave Wereldhave after ten years per April 1, 2019, having accepted a position elsewhere, outside the real estate sector.

Unibail-Rodamco-Westfield Germany looks back on a successful business year; the strategic focus for 2019 further on lies on optimizing the existing portfolio.