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THE LATEST PLACEMAKING NEWS

Colosseum Centre, located in the north-western part of Bucharest, district 1, has attracted new fashion, leisure and food court tenants, as part of the extension plan of the commercial centre. As the construction work progresses, many tenants are interested to join Colosseum Mall. This trend is sustained by the strong performance of the existing Colosseum Centre which has given brands a great opportunity to develop their businesses in district 1, Bucharest.

The modern retail stock in Bucharest remained constant in 2018, at 1.2 million sq m. This level is 7% higher than in the Central-West region of the country, which reached 1,18 million sq m, and double the stock of the region of Moldova, which reaches 595,000 sq m.

The representatives of the investor presented a project of transforming Auchan Piaseczno in central Poland into a modern, multi-functional shopping facility.

Recently the shopping and entertainment center Akropole in Riga on Maskavas Street 257 celebrated its grand opening.

Martin Miklas was named the new CFO of HB Reavis. He took this position over from CEO Marian Herman, who had kept these responsibilities even after becoming CEO last year.

Recently Edinburgh St James has signed four brands from global retail group Inditex, including fashion powerhouse Zara, to form part of the retail offering at the 158,000 m sq m mixed-use development at the heart of the Scottish capital.

McArthurGlen Designer Outlet Ashford announced that work has started on Europe’s largest living wall installation, which forms part of the centre’s £90 million expansion. Made up of approximately 120,000 plants, the 25,000 sq. ft. living wall installation is set to create a striking atmosphere in the centre, with beautiful vertical gardens covering the walls of the new entry promenade, various walkways and many of the new stores.

Hanningtons Lane has opened to the public and visitors are able to walk down Brighton’s newest Lane for the very first time. Redevco and its main contractor Westridge have been working hard on the creation of the city’s new retail and cultural quarter for two years and retailers are now starting to move in and fit our their stores.

SIGNA Sports United is forging a strategic alliance with digital innovation leaders soccerwatch.TV and TRACKTICS with the objective of providing digitalization support to clubs in amateur and popular sports. The use of cutting-edge technologies provides teams, clubs, club members, and fans fantastic benefits in important areas such as game analysis, club management, content marketing, streaming, and much more.

Joint owners of centre:mk, Hermes Investment Management and AustralianSuper, have announced that international fashion retailer, Primark, has officially opened its highly anticipated 75,000 sq ft store within centre:mk.