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THE LATEST PLACEMAKING NEWS

Half Price joins Westgate Shopping City with first store in Croatia

December 6, 2021

Half Price, off-price retailer from Poland, has launched its first store in Croatia at Westgate Shopping City.

Savills and SRS join forces for strategic alliance

December 6, 2021

Savills announced that it formed a strategic alliance with SRS Real Estate Partners (SRS).

Quarree Wandsbek upgrades exterior facade with 3D LED video walls

December 6, 2021

The final step in the comprehensive refurbishment of Hamburg’s Quarree shopping center has been completed: On the façade facing Wandsbeker Marktstraße, two eye-catching LED screens have been installed.

Elephant Park joined by four east Asian brands

December 6, 2021

Lendlease has announced the signings of e-sports café Wanyoo, Taiwanese tea specialists YiFang, and restaurant & bar Oisoi, which have taken an inter-connected unit spanning over 557 sq m, and will be joined at Elephant Park by sushi and hot food outlet Kokoro.

Revcap sells six Metro stores to MiDEAL Real Estate Funds

December 3, 2021

Revcap has sold six Metro stores with a total leasable area of ca. 130,000 sq m to Israeli fund manager MiDEAL Real Estate Funds.

CBRE sells BIG Shopping Park in Copenhagen to M&G

December 3, 2021

CBRE Investment Management, on behalf of the European Co-Investment Fund (ECF), has sold BIG Shopping Park in Copenhagen, owned in a joint venture with Portus Retail Partners to M&G Real Estate–part of M&G plc’s £65 billion private assets and alternatives business. The sale represents one of the largest European single-asset retail transactions.

Trei borrows another €27.5 Million for Retail Parks in Poland

December 3, 2021

Trei Real Estate borrowed €27.5 million in its first financing arrangement with the Polish bank Pekao. Collateral for the loan was provided in the form of seven Vendo Parks in Poland, all of which were completed during the past twelve months.

MPC Properties buys Delta City shopping center in Belgrade

December 3, 2021

MPC Properties acquired Delta City shopping center (open since 2007), expanding its portfolio to five regional retail assets with the latest, BEO Shopping Center opening in June 2020.

Mixed-use tower Timber Pioneer in Frankfurt receives building permits

December 3, 2021

The construction of the project developed by UBM Development and Paulus Immobilien is entering the implementation phase.

Newsec recruits Patrik Attemark as new CEO

December 2, 2021

Newsec will gather their present operations in seven countries under a single organization, led by Patrik Attemark who has been recruited as new CEO as of December.

Time Retail Partners appoints James Hessey to the Investment Team

December 2, 2021

TRP has announced the appointment of James Hessey to its growing investment team, joining Investment Director, Antony Nickalls, and CEO, Rob Wingrave.

Defama buys two retail properties for €4.4 million in Cologne and near Dortmund

December 2, 2021

Deutsche Fachmarkt AG (Defama) has purchased two properties in North Rhine-Westphalia: a retail park near Dortmund and a REWE store in Cologne-Rondorf.

Aliya Mogireva and Daniel McKillop join transaction team at BNP Paribas

December 2, 2021

The Transaction Team of BNP Paribas REIM Germany in Munich has two new members: Aliya Mogireva as Real Estate Transaction Manager and Daniel McKillop as Real Estate Analyst.

Plans revealed for Malmö Designer Village

December 1, 2021

The 27, 000 sq m project is being delivered by Rioja Estates in partnership with Osborne+Co, its first phase is expected to open in Summer 2025 with Phase Two following soon after in Autumn 2027.

Stern Center Sindelfingen wins tegut… as new tenant

December 1, 2021

One of the first anchor tenants signs a lease for the Stern Center in Sindelfingen (Baden-Württemberg) which will be transformed to a hybrid center. tegut… is represented with around 290 supermarkets in six German states.

Hahn Group appoints Daniel Löhken as new Executive Board member

December 1, 2021

The Supervisory Board of HAHN-Immobilien-Beteiligungs AG has appointed Daniel Löhken to the Executive Board, effective January 1, 2022. Together with CEO Thomas Kuhlmann, he will form the company’s two-member Executive Board in the future.

Bradford AM buys retail park in France for €35.5 million from Commerz Real

December 1, 2021

Commerz Real has sold the Orange les Vignes retail park in southern France to Bradford Asset Management for €35.5 million for its RPCI fund. It had been in the portfolio of the Hausinvest open-ended real estate fund since its completion in 2010.

Habona buys local shopping portfolio in Germany for over €17 million

December 1, 2021

Frankfurt-based Habona Invest has acquired a portfolio consisting of four local shopping properties with a total investment volume of over €17 million for its closed-end mutual fund Habona Deutsche Einzelhandelsimmobilien Fonds 07.

Green Light for 155-meter mixed-use tower in Vienna Twentytwo urban quarter

December 1, 2021

Signa and ARE Austrian Real Estate recently received building permits for the 155-meter-high mixed-use tower and an office building. This clears the way for the completion of the Vienna Twentytwo urban quarter, which has been under construction since 2019.

FOM leases 7,600 sq m to Edeka at shopping center in Hannover

November 30, 2021

FOM Invest has leased around 7,600 sq m of retail space in the Linden district in Hannover to the retail chain Edeka.

Cushman & Wakefield wins again at CIJ Awards Czech Republic

November 30, 2021

For the eighth time in a row, Cushman & Wakefield was awarded Best Retail Real Estate Agency at the CIJ Awards.

Redevco creates NextGen Board for new future-proof strategy

November 30, 2021

Redevco has created a NextGen board with eight members representing various functions across the organization and each of its six European offices. NextGen’s remit will include offering a fresh perspective on the company’s vision, mission, strategy, and culture.

DI Group scores ten leases for Forum Köpenick in Berlin

November 30, 2021

Deutsche ImmobilienGruppe (DI Group) concluded ten new and follow-up leases for 7,200 sq m in its Berlin shopping center Forum Köpenick.

McArthurGlen’s projects on track of post-covid recovery

November 30, 2021

McArthurGlen Group announced today that footfall has stabilized across its portfolio, with almost 45 million guests visiting their centers globally in the six months from May to November in 2021.

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