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THE LATEST PLACEMAKING NEWS

Set to open in Westfield Mall of the Netherlands in Leidschendam, on the outskirts of The Hague, Peppa Pig World of Play, Indoor Play Centre will offer children a unique opportunity to jump into the world of Peppa Pig for an unforgettable adventure. Families are invited to join Peppa and her friends in jumping, laughing and playing in instantly recognizable locations from the hugely popular animated series ‘Peppa Pig’.

In the beginning of September, 2021, GRR Group bought two retail parks in Marne/Schleswig-Holstein and Krostitz/Sachsen for the German Retail Fund No. 3 and 4, respectively. Both transactions were asset deals with full disclosure on the total purchasing sum.

The brand new Etele Plaza opened its doors to the public at 10 AM on September 17, 2021. Budapest’s latest shopping and entertainment center located in the immediate vicinity of Etele square, Kelenföld will offer an outstanding range of stores and services, featuring unique digital and architectural solutions. The €300 million development is also the first smart plaza in Hungary.

Castellana Properties has rolled out a brand-new air purification system across its shopping centres, using technology developed by NASA and pioneered by ALANI SALUD. AirPure GM is a disinfection system designed to operate inside ventilation ducts, purifying the air within a radius of up to 400 sqm and making the air quality inside a retail space even better than outside air.

EXPO REAL is experiencing a strong tailwind from a successful IAA Mobility, which proved that Messe München’s hygiene and safety concept works.

H&M and Unibail-Rodamco-Westfield (URW) Germany are sending a strong signal for offline retail, for Berlin and for WILMA in Berlin Charlottenburg-Wilmersdorf: The Swedish textile retailer H&M extends its current lease in the shopping center for the long term and also increases the sales area.

European Council of Shopping Places (ECSP) and SAFE Asset Group are joining forces as of September 2021 to partner a future focus on managing risk within the retail property sector. Their relationship will result in the sharing of information and best practice on risk management and operational resilience to ECSP members based on SAFE’s world-class experience and expertise.

14 September 2021: UK Commercial Property REIT Limited (“UKCM” or the “Company”), which owns a diversified portfolio of high-quality UK commercial property, announces that it has acquired Trafford Retail Park, near Manchester, from Peel L&P for £33 million.

Yardi has been named for the sixth time to the Forbes Cloud 100, the definitive list of the top 100 private cloud companies in the world. Yardi was a member of the inaugural Cloud 100 in 2016, landed at No. 34 for 2020, and is No. 50 this year.

HB Reavis announced when Nivy Station in Bratislava will open its doors. It will be Thursday, September 30, 2021. One of the project’s highlights is the 12,000 sq m green roof.

Hines has won the lifestyle brand Marc O’Polo as a new tenant for the residential and commercial building at Kärntner Street 9 in Vienna. The first store in the new the Scandinavian Studio concept will occupy 200 square metres at the prime site and open its doors at the end of September. Together with the already opened flagship boutique Nespresso Atelier, the retail space at the location is now fully leased.

On September 9, 2021, Patrizia AG has disposed of a portfolio of retail parks located across Western Germany. The portfolio, comprised of 12 established retail assets totaling around 180,000 sq m, has been sold on behalf of clients to MEAG, the asset manager for Munich Re and Ergo.