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THE LATEST PLACEMAKING NEWS

A complex build, ultra-precision and the need to flex a programme that required the umdasch General Contracting team to mesh in with multiple suppliers from around Europe, has resulted in a stunning new London flagship for Stone Island.

The retail real estate specialist MEC, national market leader for the management of retail parks, is building its strong market position with the addition of 25 specialists in the areas accounting and contract management. The employees at the MEC Competence Center in Saarbrücken will become part of the MEC team in the course of a transfer of operations from Metro Properties.

IKEA, a member of the FOURLIS Group, continues to expand its omnichannel experience and welcomes the second “new generation” store at The Mall Athens in Maroussi to its network, in autumn, 2021.

Redevco is welcoming five new tenants in Shopping Hydrion, a 33,000 sq.m. retail park in Arlon, Belgium. The new tenants, Biocap, Pâtisserie Reizer, Extra, 4Murs and Qualias, form a nice mix of fashion, F&B, house hold goods, bio products and home health care stores.

Immofinanz is not only on a growth course throughout Europe with its office and retail solutions but is now expanding its real estate offering to also include affordable and sustainable housing. With Top on STOP, single-storey STOP SHOP retail parks will be overbuilt to create low-price, resource-friendly housing and to create up to 12,000 new apartments over the medium-term.

The Board of Directors and the CEO of Citycon Oyj, F. Scott Ball, have agreed that Mr Ball will continue as the CEO of the company until 14.1.2025. Mr Ball´s appointment as the CEO commenced on 1 January 2019 and Ball’s current service contract was due as of 14 November 2021.

With 10 days to go, the MIPIM September Edition programme is complete and will feature a line-up of high-end property industry professionals. MIPIM September Edition will mark the return of face-to-face meetings and feature as the major international real estate and city event of the autumn season.

After receiving the building permit for STOP SHOP Zielona Góra, IMMOFINANZ, the owner of the STOP SHOP retail park brand, chose Mirbud as the general contractor for this project. The construction site was officially taken over by the contractor and construction works have started. The opening of the retail park with a total of 12 stores on nearly 6,700 sqm of space available for lease is planned for spring 2022.

The makeover of the Westland Shopping Centre on the west side of Brussels is picking up pace. While the interior of the mall is nearing completion, visitors can already see that future interaction areas will be installed in the shopping centre: spaces dedicated to break time (Sunset Plaza), terraces (Aviary 2.0) and the creation of a central square (Westland Event) to host programmed events.

Merkal Calzados lands at La Torre Outlet Zaragoza to enrich the offer of the centre, which already has other globally recognized shoe brands such as Adidas, Reebok, Puma, Rockport or Skechers. The Spanish firm comes to the outlet complex to surprise in its 500 square meter store and starts with an opening promotion of 20% discount for purchases over 40 euros.

The Allee-Center Remscheid will be extensively modernized and repositioned for the future, as the center operator ECE Marketplaces has now announced. For this purpose, the asset manager DWS intends to invest more than 25 million euros in the redesign and upgrading of the shopping center in the town center of Remscheid on behalf of one of its real estate funds over the next two years. Center operator ECE Marketplaces is responsible for the planning and implementation of the modernization.