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Soon the Maxim Department Store will change its face. Thanks to the new local spatial development plan, the owner of the PIR sp. z o.o. will rebuild and extend Galeria Maxim.

On 18th May, the eagerly anticipated official opening of the new extension of Designer Outlet Warszawa was celebrated with a pink ribbon-cutting ceremony in consideration of the Covid- 19 restrictions. With additional 5,500 sqm and more than 25 new stores and restaurants, Designer Outlet Warszawa is the new flagship outlet destination of Poland with a gross lettable area of 23,000 sqm and a unique mix of more than 130 international and Polish designer, fashion and lifestyle brands.

With over 4.2m visitors in the first month since reopening, Westfield London and Westfield Stratford City reveal breadth of new offerings as customers crave physical experience.



CITYPARK Graz, Austria to offer modern plasma donor center.

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.

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.

The company’s sustainability goals include certifying its entire owned portfolio under accessibility standards in the near future.

BALFIN Group will soon bring a new investment which in itself is an innovative concept in the ways of doing business. The project named Retail Park will represent the construction of a commercial building, but not only, it will also include joint public facilities and green spaces.

The first Delta Planet shopping mall in Serbia extends for 40.000 square meters, has two floors and 850 parking spots for visitors and was built in only 14 months. Visitors will have shops of leading fashion brands, many restaurants and cafés, bookshops, home décor shops and a special attraction in the form of the most modern cinema with 5 auditoriums at their disposal.

Dynamic development of the new Acteeum and Leroy Merlin project – the largest shopping complex in the Koszalin region – attracts well-known brands. Among them the most notable will be Leroy Merlin, Lidl, Agata Meble and LPP group stores – House, Cropp and Sinsay. The growing group of tenants expands hand in hand with the rapid progress of works aimed at commencing the construction of the project, which is expected in the second half of this year.

The Fashion Pact is an international association of more than 70 famous companies from the fashion and textile industry. It represents over 200 of the leading global brands and one third of the fashion industry. All signatories have committed to the joint implementation of important environmental goals: the mitigation of climate change, the restoration of biodiversity and the protection of the oceans. umdasch The Store Makers has been a member of this prestigious coalition since 2021.

Hammerson has announced that Harry Badham has been appointed to the role of Chief Development and Asset Repositioning Officer. In this role, Harry will oversee the development teams working on destination repositioning across the UK, Ireland, and France.

Eurovea 2 has received one of the largest real estate loans in Slovakia in recent years. Funding of EUR 116 million will be used for the construction of the extension of Eurovea shopping centre and the adjacent PRIBINOVA X office building. Construction work on both buildings is fully underway.

Primark’s new flagship store in Forum Rotterdam, developed and managed by Multi Corporation, has opened its doors. The store, which has created more than 300 new jobs, is Primark’s 21st store in the Netherlands and 392nd globally.

Neinver, as part of its commitment with the communities, has launched an initiative at all its outlet centres in Europe to support art by promoting local talent, and to excite consumers with an explosion of optimism, colour and energy.

Castellana Properties has acquired a four-storey office building comprising over 4,600 sqm GLA from Aliseda. The building is adjacent to Los Arcos shopping centre and will now form part of an ambitious plan to transform and upgrade this space, with Castellana Properties set to invest a total of €15.6 million.

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 Empik chain will open its store in the region’s largest retail and service facility, “Sekunda”, in Jędrzejów. The store will occupy 170 sq m of leasable space.

McArthurGlen celebrates the opening of McArthurGlen Designer Outlet West Midlands, its major new £160 million fashion destination that is set to be the only stand-alone shopping centre to open in the UK this year.

ADG group, a Russian development company, shared its results for the first quarter of 2021. As the government in Moscow has officially lifted restrictions and started free vaccinations, brick & mortar retail in Russia is on the road to recovery after the impact of the pandemic and ADG’s chain of neighborhood centers is poised to demonstrate strong dynamics.

NewRiver is pleased to announce that its joint venture with BRAVO Strategies III LLC in which it holds a 10% stake has exchanged contracts to acquire The Moor, a 28 acre estate in Sheffield city centre, from CEP ASI UKPF Nominee 1 Limited and CEP ASI UKPF Nominee 2 Limited, for total consideration of £41.0 million, representing a capital value of £60 per sq ft.