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ESTAMA UK has announced the appointment of Nick Round as the new Head of Asset and Property Management. Working closely with the wider team, Nick’s role will be focussed on driving the performance of the company’s schemes and boosting the efficiency of the operational management across ESTAMA UK’s diverse portfolio.

The Howard de Walden Estate is pleased to announce that it has signed two new leasing deals – in addition to a significant extension for The Kooples – in Marylebone Village. The deals encompass brands across the retail sector, adding to the distinctive offering across the estate.

In the second quarter, Polish investment manager Scallier has started building Funshop Park in Focșani, a town of 100,000 people around 190 km from Bucharest. The centre is to comprise 5,000 sqm GLA, of which 70% has already been leased. The retail park is set to open in November this year. This is already the second Funshop Park on which construction work has begun, with the first retail park being in Roșiorii de Vede. The Roșiorii de Vede park will be opened in September 2021. Scallier is also preparing to develop retail parks in other Romanian towns.

Düsseldorf (Germany) based property developer and asset manager Concepta has hired Frank Westmeier as asset manager. In his new role, Mr. Westmeier supports the company in particular with the implementation of current and the acquisition of new asset management mandates in this field of activity, which is increasingly important for Concepta.

It is a solemn fact that in order to understand the current situation of any commercial real estate market around the globe, including Turkey, analysis of the current impact of the Covid-19 pandemic on the main dynamics of the industry is required.

How retail-based mixed-use-projects should be developed in order to be successful in modern-day Ukraine.

Recruitments, promotions and appointments…

Peter Ballon, global head of real estate for CPP Investments, has been appointed as the new global chair of the Urban Land Institute (ULI). Ballon will serve on a voluntary basis for a two-year term and will provide member leadership as the Institute focuses on three new global mission priorities: decarbonization, education, and housing.

Venture X, led by Tom Foster and Andrew Ross in the UK and Ireland, has secured its second location at 1 Ariel Way, Westfield London for 19,077 square foot, with an agreement for a long-term lease commitment. The company, which originally started in Naples, Florida, is part of the United Franchise Group.