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On April 11, McArthurGlen, Europe’s leading owner, developer and manager of designer outlets, and TH Real Estate, one of the largest real estate investment managers in the world, officially opened Phase V of Designer Outlet Parndorf, taking its gross lettable area (GLA) to 36,500 sq m.

With more than 17 million visitors per year and 17 years after opening, Val d’Europe is once again at the forefront of retail innovation with an expansion bringing (opening April 12) its total sales area to more than 105,000 sq.m. The extension features 30 new brands and an even more tailor-made customer path.

Highly motivated staff and the step-by-step repositioning of the brand during the last 18 months have proved to be of key importance for the success of retail park operators ZIEGELWAGNER Austrian Retail Group.

Outlet Park Szczecin, owned by Echo Polska Properties, is the most popular outlet in Poland – in the first quarter of this year it was visited by 825,837 people – more than in case of other similar outlets. Average monthly footfall in Outlet Park Szczecin amounts to 290,000 customers.

The Mall of Switzerland has announced its official opening date: this unique leisure and shopping destination in the heart of Switzerland will be opening its doors on Wednesday 8 November 2017.

On behalf of the Pan European Urban Retail Fund, “PURetail”, a Luxembourg FCP-SIF available to professional investors only and closed to subscriptions since July 2014, La Française Real Estate Partners International (LF REP International) and Aberdeen Asset Management have successfully sold the “Estelle/Oscar”-Portfolio, a high-street retail portfolio located in Linköping, the fifth largest city in Sweden.

JSE listed Polish property group Echo Polska Properties NV (EPP) raised approximately R2.2 billion in an accelerated bookbuilding through the placing of 118 918 918 new shares at a price of R 18.50 per share.