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Unibail-Rodamco-Westfield (URW) announced the first four major strategic partners for Westfield Hamburg- Überseequartier, the urban mixed-use district at the river Elbe in Hamburg’s HafenCity. In a key milestone for the project, URW has signed long-term agreements with: LEGOLAND® Discovery Centre, Kinopolis, REWE and BUDNI.

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.

By the end of 2021, the entire interior will be renovated in the South Buda shopping centre, which will continue to be one of the most attractive destinations to those who are looking for family shopping and recreation.

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.

Jamie will join the board of U+I on 17 May 2021 as an Executive Director and assume the role of Chief Financial Officer (CFO) on 19 June 2021 when Marcus Shepherd steps down from the board and his current position as Chief Financial and Operating Officer.

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.

With a small delay, JYSK celebrates the opening of store number 3,000 in Rome, Italy.

Challenge accepted: What does it take right now to implement successful retail concepts?

Real estate investor Altera Vastgoed NV (hereinafter: Altera) recently added a supermarket to its portfolio. This investment, located in the municipality of Nijmegen, is the 43rd supermarket Altera has added to its retail portfolio.

Colliers positioned for further growth in Denmark and to extend Capital Markets leadership.

Plans to deliver the long-awaited transformational mixed-use destination in Coventry city centre (London) have been unanimously approved by Coventry City Council. Shearer Property Group, the developer on the project, first revealed its outline plans to the wider public in June 2020, which have already secured £98m in funding from the West Midlands Combined Authority.

Deutsche Konsum REIT-AG has acquired the Spitzkrug Multi Center in Frankfurt/Oder (Brandenburg) by notarial deed.

Queensberry has announced its signing of leading luxury fashion brand Flannels as the latest name set to join The Glass Works in Barnsley, ahead of its launch later this year. Construction on the final phase of The Glass Works has continued effectively in line with government guidelines and works are on track for completion in September.

Hammerson has exchanged unconditional contracts on the portfolio sale of its seven retail park assets to Brookfield for £330m cash proceeds, representing an 8% discount to the 31 December 2020 book value of £357m. This transaction concludes Hammerson’s exit from the UK retail parks sector.

Deutsche Investment just acquired the Rödertalpark” retail warehouse park of around 15,560 sqm in Grossröhrsdorf (Saxony, Germany) for its latest separate asset pool, “Deutsche Investment – Food Retail I.”

Florian Wieser, CFO of MediaMarktSaturn Retail Group, to serve as Ceconomy Group CFO as of 1 May 2021.