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THE LATEST PLACEMAKING NEWS

Gap, the American casual clothing and accessories brand, announces its entry into the Hungarian market through a franchise partnership with Ganeta Pannónia Kft. The brand will be introduced to customers through Gap-branded stores in the country, beginning with the opening of a Gap freestanding store in Etele Plaza September 2021.

At the end of August, Climate Protection Minister Leonore Gewessler presented awards to exemplary “klimaaktiv mobil Project Partners” in Vienna. SES Spar European Shopping Centers was recognized for its installation of e-charging stations at shopping centers located throughout Austria. In addition to the current 126 charging stations, SES intends to install an additional 21 charging points over the course of the next few months. At EUROPARK Salzburg alone, for example, the existing 12 charging stations will be increased to 18 by 2022 to meet growing demand.

This August, sport equipment stores 4F and Sport Vision opened their stores in Westgate Shopping Center, rounding out the sports and recreational offer to a total of seven sports shops at this family shopping and entertainment center in Croatia.

Opening of the first outlet at the crossroads of East and West on track for Autumn 2022, celebrating the official groundbreaking ceremony on September 8, hosted by the Government of Georgia in the presence of Prime Minister Irakli Garibashvili.

As part of its ongoing transformational journey, Kappahl is making a major investment of SEK 200 million into a comprehensive digital transformation. With Microsoft Dynamics 365 and Azure as a strategic platform, the chain is laying the groundwork for new business and a forward-facing customer experience in both physical and digital sales channels.

DL Invest Group has finalized the sale of the DL City shopping center in Zgorzelec in Lower Silesia (Poland) with a return on equity of 253 pct.

Recruitments, promotions and appointments…

VIA Outlets announces the launch of its new, sustainable pop-up initiative to be called the ‘Re.Love’ pop-up store. The concept is part of VIA Outlets’ wider strategy with the ambition to go “Beyond Sustainable” and create an even more positive and regenerative approach to outlet shopping. It will be the first ever pop-up store from VIA Outlets offering sustainable collections and initiatives from existing brands and new brand partners.

M&G Real Estate has looked to the thriving food sector in the south of France for its latest round of acquisitions on behalf of two of its European property funds. In separate deals worth a combined €124 million, M&G Real Estate has acquired two hypermarkets leased to Casino Group, one of France’s leading food retailers, generating secured long-term income from established, dominant and non-replicable assets.

The 46-month revitalization of the Norblin Factory in Warsaw’s Wola district, carried out by Capital Park Group, has come to an end. The complex has been granted an occupancy permit. At the investment site, preparations are currently underway to open the first concepts, which will be gradually unveiled to future visitors over the next few months.

The Czech real estate fund Trigea bought two retail parks in Moravia – Retail Park Haná in Olomouc and the shopping centre Retail Park Ostrava, expanding its existing portfolio of three properties with additional retail projects.