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THE LATEST PLACEMAKING NEWS

Sovereign Centros has announced that schuh Kids, the kidswear-focused branch of leading footwear retailer schuh, has signed at Merry Hill, one of the UK’s top 10 retail and leisure destinations.

Mixed-use is the order of the day for the entire placemaking industry. As a result, shopping centers have increasingly become home to coworking and flex office solutions. While the flex office market in the US shows a growth rate of 25 percent, more and more European shopping center operators are taking advantage of this fresh source of revenue.

A close cooperation with the brands is the key for success. Fran Gutiérrez, Retail Director NEINVER, explains how this looks like in practice. NEINVER not only supports their brands with technological tools. The company has prioritized people and training as two main pillars in its retail strategy to support brands’ growth.

Inflation encourages consumers to go in search of even greater value for money, states Giles Membrey, Managing Director of Rioja Estates. Therefore, he argues, Outlets are becoming more attractive to costumers. Furthermore, also internet sales are a driver of Outlets.

Planning security for the Bethanien Center in Neubrandenburg: MEC, as the owner representative of its customer Union Investment, has brought about a resolution on the statutes of the city of Neubrandenburg’s development plan. This serves to secure the commercial location in terms of planning law and also secures the owner’s investment in the long term.

Grosvenor announces that Space NK, a worldwide retailer for luxury cosmetics, is making its city debut at Liverpool ONE and joining the extensive range of premium lifestyle brands on Peter’s Lane.

NEPI Rockcastle has raised the equivalent of 143 million Euro equity from its latest scrip dividend, corresponding to approximately 85% of the final dividend payment for the year ended 31 December 2022. As a result, NEPI Rockcastle’s total issued share capital will increase by 4.75% to approximately 636 million ordinary shares and its capital base is strengthened for investment in future growth.