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THE LATEST PLACEMAKING NEWS

BNP Paribas Real Estate has strengthened its European presence by signing an alliance contract, regarding Advisory services (Transaction, Consulting, Valuation) and Property Management, with the Austrian real estate company EHL IMMOBILIEN GmbH, headquartered in Vienna. Founded in 1991 and managed by Michael Ehlmaier, EHL IMMOBILIEN GmbH employs 193 people, based mainly in Vienna.

Trei Real Estate GmbH (Trei), an international developer and property company from Germany for residential and retail real estate, has decided to enter the US housing market. As their first investment, Trei is developing a multi-family property in North Carolina.

NEINVER, the leading outlet operator in Poland and Spain and a market leader in Europe, announced it has taken over the management of Silesia Outlet located in Silesia, Poland. The outlet centre currently being developed is scheduled to open this spring in the city of Gliwice. The investor of the facility is 6B47, one of the leading developers in the German speaking countries. NEINVER will be responsible for management, marketing and leasing.

As of January 1, 2019, MEC METRO-ECE Center Management will take over the complete commercial and technical management of the “StadtCenter Düren”. The contract comes from Union Investment, which has held the centre in the portfolio of its open-ended public real estate fund UniImmo: Germany since January 2017.

The St David’s Partnership, owners of St David’s in Cardiff, one of the UK’s premier retail and leisure destinations, has unveiled the opening of American dining brand, Slim Chickens. The new outlet is the brand’s first franchised restaurant outside of London.

On November 4, 2017 at 10 am, HOLYMESH will open the “Millennial Store” as Germany’s first influencer store, at Berlins shopping center Alexa.

The company has taken ownership of 7 centers, which until now it had under management. Master Management Group’s current portfolio consists of 9 formats and the total retail space the company manages equals 100,000 sq m. Rebranding of the centers is currently underway.

Lend Lease Retail Partnership (LLRP), a fund managed by Lendlease, has today announced Nespresso, the market leader in premium portioned coffee, will be opening a new boutique store at Touchwood – the West Midlands top retail destination.