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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.”

Recruitments, promotions and appointments…

With the much-anticipated reopening of non-essential shops finally here, businesses will be welcoming locals back into their stores. For one street in Poole, the 2021 easing of lockdown is particularly exciting: Poole’s Kingland Crescent has been completely revamped as part of LGIM Real Assets strategy to re-invent and re-position their retail places.

The primary focus remains on preventing further vacancies, reports Christine Hager, Managing Director of the redos Group. For the most part, the goal is being met by means of interim leases, for example, for pop-up stores, service concepts, and coronavirus quick-test centers.

Industry leaders told us about the sales impact Corona had on their business in 2020. They also explain what fundamental changes in location, sales, and marketing strategy they are planning for 2021/2022 in response to the widespread economic impact of the pandemic.

The Italian brand PINKO will open the second store in Ukraine in Ocean Plaza shopping mall. The exclusive distributor of the brand is ARGO. The new store with an area of ​​160 sq.m. will open its doors on the first floor in May. A wide range of women’s clothing, shoes and accessories will be presented.

The longest and fastest zip wire in England, Skywire, is to open on May 14 at Bluewater, one of Europe’s leading retail and leisure destinations. Landsec is redefining the Bluewater experience and Skywire is the first of nine unique attractions that will comprise Hangloose Adventure, a brand new large-scale leisure offer at Bluewater.

The European Council of Shopping Places (ECSP), the association which provides a dedicated voice for the European retail property sector, has released its position paper responding to the financial impact of Covid-19 on the retail property sector. The uncertainty of repeated lockdowns, the inconsistent approach of different governments, and the overly onerous focus on retail property owners to support an industry in crisis is not sustainable.

SES kicks off the spring season with a strong and expansive start. Attractive retail locations are not only appealing to customers – they also draw in expanding retailers in search of the best locations. Once again, SES aims to demonstrate the validity of such a concept via its 2021 store offensive.