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THE LATEST PLACEMAKING NEWS

OUT NOW – LATEST ISSUE! +++ THE COMEBACK: HOW THE PLACEMAKING INDUSTRY EMERGES STRONGER FROM THE PANDEMIC +++ OUR 10 STRATEGIES FOR FUTURE-PROOF VIBRANT PLACES

Innovative independent businesses are rushing to sign leases in Wembley Park, London’s globally renowned entertainment district and 365-day neighbourhood, with two further deals made recently – including one that already has a space in the destination.

Landsec has announced that M&S has signed to relocate into a new anchor store within White Rose Leeds, the out of town retail & leisure destination in Yorkshire. The bespoke unit includes nearly 80,000 sq ft of dedicated trading space.

Prime asset offers 10,200 square meters of retail and restaurant space. With the acquisition of “Taborland” retail park in Steyr, Austria, KGAL Group is once again expanding its real estate portfolio in Austria. The property will be the subject to an open-ended Austria real estate special fund.

Retail real estate manager succeeds in re-letting on areas of former Real stores MEC wins the full-range grocery retailer Kaufland as anchor tenant at three locations.

Trei Real Estate GmbH will be opening its 26th retail park under the Vendo Park brand in Poland. It is located in Oświęcim, a small town of around 40,000 residents in the Lesser Poland Voivodeship in southern Poland. This latest Vendo Park has a leasing area of around 5,300 square metres and is leased to seven retailers and a supermarket. In total, Trei invested c. 7,2 million euros in the property.

Titled ‘Summer Social’, the event features an 8,000 sq ft beach, retro fairground rides, live music and entertainment and independent pop-up food and drinks brands, including Boujee Bar, made famous by its founder, reality TV star Lystra Adams.

The new ITV leisure attraction, the “I’m A Celebrity… Jungle Challenge” has opened at Quayside MediaCityUK. The 2,500m2 indoor entertainment venue gives fans of the UK’s ITV hit TV series, “I’m a Celebrity… Get Me Out of Here” the chance to navigate a series of fun-filled physical challenges as they race against the clock in a bid to collect stars and be crowned King or Queen of the Jungle.

Shopping and entertainment centre development and management company Akropolis Group signed an agreement to acquire the Alfa shopping centre in Riga, Latvia, from AMD Holding. The seller was represented in the deal by real estate consultancy firm Newsec in the Baltics together with its partner BNP Paribas Real Estate. The transaction amount is not being disclosed.

The Hamburg-based redos Group, which specializes in large-scale retail properties, has acquired the retail park in Gründau Lieblos near Frankfurt am Main. The purchase was made for the Union Investment Spezial-AIF “Redos Einzelhandel Deutschland III”. The property’s seller is the real estate investment manager Redevco, which had included the property in its portfolio in 2016 and has now successfully implemented its business plan. The parties have agreed not to disclose the purchase price.