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THE LATEST PLACEMAKING NEWS

The American lifestyle brand Kendall + Kylie opens the first franchise store in Europe in Sofia. It covers an area of 132 square meters and is located on the first floor of Sofia Ring Mall. The store is part of the sales network of FF Group Bulgaria in partnership with ICB S.A. (International Celebrity Brands).

For weeks, everyone was waiting in the wings, but on June 1, the time had come: After the Hamburg Senate decided to allow fitness studios to reopen, the starting signal was also given at Quarree. The young company Xtrafit from Cologne opened its first studio in the Hanseatic city.

With “Baba Baji,” restaurateur Zalahuddin Nezam is showing courage in these challenging times. The concept reinterprets traditional dishes and brings healthy taste experiences to the fresh food area of Hamburg’s Quarree from July 2021.

French sporting goods retailer Decathlon opened its first pop-up kiosk in Moscow which is located in the Mesto Vstrechi Angara (Meeting Place Angara) neighborhood center. The new format is a small shop with a click & collect service that will be open for the next five months.

The departing Mayor of Helsinki, Jan Vapaavuori, will join NREP to further strengthen the company’s urban development efforts. Jan Vapaavuori will join the company in a part-time role as Senior Advisor for Urban Development after his term as Mayor ends in August. He will work across all NREP’s geographies to facilitate new solutions to the most pressing urban challenges, including infrastructure challenges and climate crisis.

BILLA Russia GmbH and Lenta LLC announce to have reached the terms of purchase for BILLA Russia. REWE International AG via its subsidiary BILLA Russia GmbH signs a purchase agreement for 100% shares of their companies BILLA OOO and BILLA Reality OOO in Russia. That comprises its full range business in Moscow Oblast with 161 supermarkets. The closure of the deal is subject to the approval of the Russian anti-monopoly committee.

OUT NOW – LATEST ISSUE! ++ The New Role of Retail ++ About Mixed Used Real Estate Drivers ++ The Storm of the Century ++ Turkish Market Report ++ Westfield Mall of the Netherlands ++ and much more.

Immofinanz has announced that it will begin refurbishment of the VIVO! Baia Mare shopping center on 1 June. The refurbishment work will bring new tenants to the center’s portfolio and will cover a total area of more than 10,000 sqm, equivalent to one third of the gross leasable area of VIVO! Baia Mare. The work is scheduled to be completed in the fourth quarter of 2021.

GTC has appointed Eszter Salamon to the position of Transactions Director. Her outstanding in-depth sector knowledge and profound experience in real estate and financial operations will boost GTC’s optimization and expansion goals. With Eszter on board, the developer sets for smooth completion of the upcoming large-scale transactions in various markets.

The food court of Etele Plaza scheduled to open this September in Budapest, Hungary will feature a direct connection to the roof terrace, unique interior design, and a wide selection of gastronomy options, including many popular quick-service restaurants, cafés and open kitchen concept. The requirements and dining preferences of all generations are considered during the design of the unprecedentedly spacious venue among Hungarian shopping malls.