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Greenman OPEN, the German food-retail focused real estate fund, has entered into a €95.5 million framework agreement with Schoofs Immobilien Frankfurt, a leading German developer. Among the items agreed, the framework provides the fund the right to acquire three new food anchored retail assets in Germany.

redos institutional GmbH has acquired a specialist store in Kirchberg (Rhineland-Palatinate) for the fund “redos Einzelhandel Deutschland II” managed by Union Investment, which is let to a food retailer. The seller is Aspen Group. Catella Property acted as advisor to the buyer in the transaction.

Traffic and vacancy rates are the main indicators of success and attractiveness of shopping malls in Ukraine, which transparently demonstrate the dynamics of growth and effectiveness of cooperation with the main target audiences: tenants and buyers.

ATP architects engineers has once again won first prize in the architecture category of the annual brand value study of the European Real Estate Brand Institute (EUREB).

On June 1, 2020 Claudia Karschti took over responsibility for Human Resources at Unibail-Rodamco-Westfield (URW) Germany. Previously Claudia Karschti was with Yum! Restaurants International as Head of People & Culture KFC for the region D-A-CH/Denmark and member of the management board. Her earlier positions include HR Business Partner at Fressnapf Holding and HR Manager at Santander Consumer Bank. Claudia Karschti received her diploma in social sciences with a focus on economic sociology and economic psychology at the University of Duisburg-Essen.

Mario C. Bauer has drummed up an investor group to save Vapiano.

Boostcom, the world’s leading proptech supplier for shopping centres, has recently strengthened its global management team with four new hires, as retail
reopens after Covid-19.

Hines has released new details of ‘The Trinity Quarter’, a landmark hotel and retail redevelopment in the heart of Copenhagen, Denmark.

SIGNA will also begin to use communication formats on various channels and levels to provide information about the project, e.g. on Facebook, Twitter and Instagram under the identity “NOT WITHOUT YOU”, on a newly designed homepage at and with various events and activities.

NEINVER recently reopened its four Greater Madrid and Barcelona outlet centres in Spain, thus resuming operations across all its retail portfolio in Europe.

For Ingka Group, sustainability is at the heart of everything it does. Its ambition is to inspire and enable 1 billion people to live a better everyday life at home within the limits of the planet by 2030.

Inter IKEA Systems B.V. announced Konrad Grüss will become its new Managing Director. He succeeds Jon Abrahamson Ring, who will become CEO of Inter IKEA Group as per 1 September.

Over 85% of Hammerson portfolio to be open by the middle of this month.

Paris Real Estate Week (14 to 17 September) unveils its initial programme comprising debates, conferences, Awards and an exhibition area that will address key topics in property, city agendas, and innovation.

Grosvenor Europe is preparing to reopen Liverpool ONE, following the Government’s announcement allowing all non-essential stores to re-open from 15 June. The Liverpool ONE team has been working around the clock to ensure visitors will remain safe and assured at all times upon their return.

IMMOFINANZ started the first quarter of the 2020 financial year with strong operational performance: Rental income rose by 13.4% to EUR 74.0 million, above all due to the expansion of the portfolio through acquisitions and completions as well as growth of 1.9% in like-for-like rental income. The results of asset management increased by 18.1% to EUR 59.5 million, and the results of operations were 18.0% higher at EUR 43.5 million. However, the revaluation results of EUR -45.0 million from standing investments and goodwill reflect the adverse effects of the Covid-19 pandemic. Net profit for Q1 2020 was therefore negative at EUR -37.6 million.

Designer Outlets Wolfsburg has reopened, presenting interesting new openings with Sunglass Hut and Petrol Industries. Many other stores have also been refurbished and modernized.