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A strong year for leasing activities in 2020 and a successful start to the year with new business in 2021 have been reported by Commerz Real, the asset manager for real asset investments in the Commerzbank Group.

“High streets and shopping centers will need to focus less on filling space with stock, and more on reutilizing that space for wider social and cultural needs, as well as for showrooming, fulfilment, back-of-house functions, and last-mile delivery.”

PATRIZIA AG has appointed Mathieu Elshout to the newly created position of Head of Sustainability and Impact Investing, in a strategic hiring move that strengthens the development of new impact fund products and further drives the integration of sustainability into the company’s core investment processes.

The new FC Bayern World opened on December 10, 2020 in the heart of Munich. The retail space was designed and the construction work was implemented by umdasch The Store Makers. The store plays in the retail-champions league across a total area of over 1,000 sq m.

After the two shopping center openings in the Serbian capital, the focus shifts slightly to secondary cities and the wider Belgrade region, putting retail parks in the spotlight.

Sponda has appointed Victor Persson as its new Chief Operating Officer and Janne Tallqvist as its new Chief Financial Officer. Both also join as members of the company’s executive board.

The Board of C&A AG is pleased to announce the appointment of Hein Schumacher as Non-Executive Director, effective 25 January 2021. Hein Schumacher is CEO of the global dairy company FrieslandCampina.

KGAL enhances focus on technology application and digital transformation – KGAL GmbH & Co. KG has announced the appointment of Dr. Anke Sax as Chief Operations Officer (COO) and Chief Technology Officer (CTO), with responsibility for the organisation and operations of the KGAL Group and the expansion of its digitalisation strategy.

“In our survey, many of our visitors told us that they would like to continue to see features that minimize the spread of infections, such as touch-free shopping, and that will be at the forefront of our minds as we upgrade our centers and embark on new projects.”

Just as the Covid-19 pandemic blurred the lines between office and home in 2020, the office of the future will need to combine elements of work, life, and experience in order to be competitive in post-pandemic city center locations, writes Nicole Pötsch, Head of Acquisitions & Sales for North & Central Europe at Allianz Real Estate.

Urbanization is a global mega-trend. Therefore, urban regeneration projects have become increasingly relevant. However, one has to consider quite a few things along the journey toward a successful mixed-used scheme. The most successful projects will be those that incorporates work, life, shop, play, and access to services at inner-city locations.

Real estate investor Altera Vastgoed NV (hereinafter: Altera) has sold the retail property at Lijnbaan 81 in Rotterdam. The property is over 400 sq. m and is let to fashion retailer Mango.