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THE LATEST PLACEMAKING NEWS

Shopcore partners with Mallcomm to create digital tenant engagement model across US portfolio

November 24, 2021

ShopCore Properties has selected Mallcomm to deliver a customized digital tenant-engagement platform across its portfolio of retail properties.

Proposed merger: Gazit acquires Atrium

November 24, 2021

The Acquisition is to be implemented by means of a statutory merger between the Company and Newco under Part 18B of the Companies (Jersey) Law 1991, as amended (the “Merger”).

Garbe acquires two retail parks in Germany for €21.1 million

November 24, 2021

Garbe Institutional Capital has acquired two further properties in Dahme/Mark and the Bavarian market town Beratzhausen (Germany) for its “ENGA retail real estate fund nr. 1”.

Ingka Centers plans first IKEA anchored meeting place in India

November 23, 2021

Ingka Centers revealed plans for a major new IKEA anchored mixed-use development in Gurugram, a city southwest of New Delhi, in the state of Haryana.

EDGE delivers mixed-use development Valley in Amsterdam to RJB Group

November 23, 2021

EDGE announces the successful delivery of its eye-catching 75,000 sq m mixed-use development Valley, designed by MVRDV, to owner RJB Group of Companies. EDGE has won the tender in 2015 and started construction in 2017 with the ambitious goal to bring a new dynamism to Amsterdam’s Zuidas.

Christmas shopping almost triples UK retail footfall

November 23, 2021

According to Springboard, footfall in UK retail destinations rose by +4.1% last week from the week before, a considerable improvement from the rise of +1.5% in the previous week.

DI Group wins EDEKA for retail park in Dülmen

November 23, 2021

Deutsche Immobilien Group (DI Group) welcomes EDEKA as new tenant at its property in Dülmen (NRW). The food retailer, which has signed a long-term lease, will take over the 9,346 sq m space on November 30.

Fashion label Bershka picks Liverpool One for regional debut

November 22, 2021

Grosvenor Britain & Ireland (GBI) announces the selection of Liverpool ONE by Bershka for its regional debut. The 743 sq m flagship is set to open early next year.

Revetas converts entire portfolio in Romania to renewable energy

November 22, 2021

Revetas Group has shifted its entire portfolio of assets in Romania to renewable energy as a continuation of the company’s commitment to ESG practices to support the collective efforts of reducing the impact buildings have in local communities.

Ashley Center in Epsom appointed new managing agent LSH Belfast

November 22, 2021

Lambert Smith Hampton’s Belfast based property management team has been appointed as the managing agent on The Ashley Center in Epsom by CBRE Investment Management.

Willem Jan van de Water starts as ESG Project Manager

November 22, 2021

Real estate investor Altera Vastgoed welcomes Willem Jan van de Water to the team.

BIG Shopping Center raised 55 million euros at the Israeli stock exchange for further expansion in Serbia and the Balkans

November 22, 2021

The BIG Group intends to use the proceeds from this bond issue to continue its expansion in Serbia and in the Balkan region.

Erik Engstrand joins Across Advisory Board

November 19, 2021

The ACROSS Advisory Board is happy to announce its latest addition and welcomes Erik Engstrand as its new member.

Construction work of the Main Yard neighborhood development in Frankfurt started

November 19, 2021

Work on the project in the middle of the inner-city Allerheiligenviertel district has begun after the building permit was issued. The development of the new urban quarter is officially beginning, which represents a modernization boost for the aging district.

Marie Ernst is a new advisory board member of the Rotonda Business Club Düsseldorf

November 19, 2021

Marie Ernst, Managing Director of the Düsseldorf-based architecture firm Schwitzke & Partner with a focus on retail and commercial real estate, is the newest advisory board member of the Rotonda Business Club Düsseldorf. With her new position, Ernst adds her in-depth expertise in retail real estate to the advisory board.

€600 million raised by VIA Outlets in its inaugural green bond issuance

November 18, 2021

VIA Outlets has successfully placed the issuance of €600 million senior unsecured fixed rate green bonds due 2028. The issuance was 6x times oversubscribed attracting 190 orders from institutional investors for €3.6bn. The bonds have a 7-year maturity and an annual coupon of 1.75%.

LCP expands retail portfolio with Russel Street Retail Park acquisition in Darlington

November 18, 2021

LCP has added a Darlington (UK) retail park to its portfolio, situated on St Cuthberts Way ring road, which is close to the town center, for £1.8 million.

GCSP and MEC host an online panel on retail parks in the cities of tomorrow

November 18, 2021

MEC recently published their 9th Retail Park Report “About Tomorrow–Retail Parks in the City of Tomorrow”. On this topic, an online event featuring a panel discussion with their co-responsible partners will take place on November 24, 10-11 am.

Supermarket Income REIT buys two more supermarkets for £73m

November 17, 2021

Supermarket Income REIT has acquired a Sainsbury’s supermarket in Swansea, South Wales, and a Tesco supermarket in Maidstone, Kent, from Argo Real Estate Limited for a total purchase price of £73m.

Neighborhood Retail Center Deli in Duisburg was purchased by HIH Invest

November 17, 2021

HIH Invest Real Estate acquired the mixed-use retail center Deli in Duisburg, Germany. The property, which has been in business for more than 20 years in the city’s Rheinhausen district, has a total lettable area of about 18,700 sq m along with 568 car parking spots.

Retail Parks–an attractive asset class in times of crisis and beyond

November 17, 2021

As retail parks become more and more enticing, RegioPlan looks at the market distribution of this asset class across Europe in the following study.

Landsec invests £135m in decarbonization plan for its portfolio

November 16, 2021

Landsec announced the creation of a new £135m net zero transition investment plan to help the Group achieve its 2030 science-based targets and drive its transition to net zero.

People On the Move

November 16, 2021

Recruitments, promotions and appointments…

Vít Zdráhal appointed Partner at Cushman & Wakefield

November 16, 2021

Cushman & Wakefield promotes Vít Zdráhal from the Industrial team to Partner.

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