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THE LATEST PLACEMAKING NEWS

Chief Executive of the British Retail Consortium, Helen Dickinson, comments on recent retail sales index figures and sales growth.

The pandemic might be a topic causing fatigue for some, but the fluctuations and changes in the market are exciting to experience and full of positive developments. How have we survived this ever-changing world? What has changed, what can we learn? Let’s look at the fast and exciting flow of 2021 in this overview of the Turkish retail real estate market.

For the fourth year in a row, Top Employers Institute has recognized Unibail-Rodamco-Westfield (URW) as a Top Employer in Germany. The independent institute’s award is based on a certification process that identifies companies worldwide which place their employees at the center of their corporate activities.

A turning point in BSS’s (Building Support Services) evolution occurred in 2015, when it became part of Reiwag Facility Services GmbH, its Vienna based major shareholder. With a new management, the company extended their client portfolio, now managing a total area of more than 3.5 million sq m in approximately 300 buildings.

Redevco announced Chris Fleetwood to join its UK business as Portfolio Director as of January 24, 2022. He will be reporting to recently appointed Co-head Client & Fund Management Thierry Cahierre, who will also continue to lead the global Asset & Development Management function.

Lotus Property owned outlets, The Boulevard and The Junction in Northern Ireland both saw an increase in sales compared to 2019, with The Boulevard recording its highest month of sales on record in December 2021.

As strategic partner, the Hahn Group has accompanied the acquisition of the Krohnstieg Center by a special fund affiliated with Ampega Investment GmbH. The seller of the property is Hamburg-based HBB, with iMallinvest Europe GmbH acting as the transaction advisor.

One of the most important lessons the retail real estate industry can learn from the pandemic is to recognize the importance of omnichannel and big data. Investing in digital solutions can provide a competitive advantage and better results for both landlords and tenants.

Mitiska REIM announced the completion of transforming the Retail Centre De Lely, located in the Dutch city of Arnhem. Acquired in July 2018, a 30-month value-add programme has now been completed which has remodeled the look, layout, and tenant mix of the convenience center.

Landsec has announced the appointment of Remco Simon to its executive leadership team in the newly created role of Managing Director–Strategy and Capital Markets. The role will report directly into CEO Mark Allan.

LCP has appointed Ben Chislett as UK head of retail after they invested more than €323 million in retail assets, from local convenience parades to regional centers, in 2021.