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HB Reavis is developing the mix-used scheme Stanica Nivy in the emerging Nove Nivy zone in Bratislava. This new shopping destination will attract 55,000 visitors daily.

Realm has appointed Michelle D’vaz-Plant as Head of Marketing for London Designer Outlet (LDO). She joins from her position as Marketing Director at Jessops where she oversaw new store development work across more than 20 locations.

Axel Drwenski will take up the newly created post of Head of Research at KGAL. He and his team will analyse and evaluate all the markets and asset classes – predominantly Real Estate, Infrastructure and Aviation – that are relevant to KGAL.

Retail parks were long considered a necessary evil. However, their image changed drastically as they defy online retail due to their function as local suppliers. They now have the full support of customers, tenants, and investors.

“In our view the residential market is complementary to retail real estate, and combining them in a balanced way will only add to the strength of a location. In that sense, mixed-use developments tie in nicely with our retail background.”

Real I.S. AG and MEC METRO-ECE Centermanagement have leased an approximately 1,500 sq m rental space in the “Shopping Cité” hybrid retail park in Baden-Baden to TK Maxx on a long-term basis. The company has celebrated its opening on August 29, and will be located in a newly created unit next to Media Markt in the future.

Sian Bowen has joined RivingtonHark, city and town centre real estate transformation specialist, as Senior Asset Manager.

Austria’s first outdoor center is being built in Parndorf. It will complement the retail conurbation there with, among other things, suitable shopping opportunities in the medium to upper-end quality segment. A safety training center featuring a firing range will serve as a particular highlight. A water fun park is scheduled to follow during the second expansion phase.