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Retail Real Estate: It is an asset class that has undergone a number of radical changes in recent years. Steffen Hofmann and Klaus Mennickheim, who run their own advisory firm, have built up an excellent international reputation as leading independent advisors. In an interview with ACROSS, they explain why specialist knowledge is so important right now, why the “retail bashing” that can often be heard falls far short of the mark, and why they have decided to rename their successful company at this point in time.

Christina Neuper joins the management board of BNP Paribas Real Estate Property Management GmbH (BNPP REPM). Since 2015, she has been responsible for property management activities in Bavaria and Baden-Württemberg as Regional Director and, as Head of Key Account Management Germany, for the nationwide support of existing customers.

The Polish investment market has quickly adjusted to the changes caused by the pandemic. The retail market is still spearheaded by retail parks, which have been increasingly popular among investors for the past three years.

Modesta Real Estate will collaborate with Savills to service existing clients whilst liaising with Savills’ offices and other partners in CEE to build relationships across the wider region. The company also has an office in Bratislava and will be collaborating closely with Savills’ Czech office to ensure further service delivery in Slovakia.

The pandemic might be a topic causing fatigue for some, but the fluctuations and changes in the market are exciting to experience and full of positive developments. How have we survived this ever-changing world? What has changed, what can we learn? Let’s look at the fast and exciting flow of 2021 in this overview of the Turkish retail real estate market.

The first Belgian marketplace common to its shopping malls in the city center of Brussels: City2, The Mint and Anspach. With this investment, AG Real Estate provides digital solutions to meet the changing needs of its retail customers.

On September 21, Invesco Ltd. announced that Invesco Real Estate, the company’s global real estate investment business, has completed the acquisition of The Fort Shopping Park in partnership with George Capital, from a consortium of institutional investors including Nuveen Real Estate, CBRE Global Investors, Aberdeen Standard Investments and M&G Real Estate.

M&G Real Estate has looked to the thriving food sector in the south of France for its latest round of acquisitions on behalf of two of its European property funds. In separate deals worth a combined €124 million, M&G Real Estate has acquired two hypermarkets leased to Casino Group, one of France’s leading food retailers, generating secured long-term income from established, dominant and non-replicable assets.

The x+bricks Group has signed a conditional purchase agreement with the SCP Group to acquire large parts of the repositioned grocery-anchored real estate portfolio of the supermarket operator “real”. Under the terms of the Agreement, x+bricks has secured access to a pipeline of assets valued in excess of EUR 1 billion. Upon completing the transaction, the gross asset value of x+bricks’ portfolio will double to more than EUR 2 billion.

AG Real Estate has confirmed the diversification of its commercial offer in the heart of the shopping centres it owns and manages. Several new leisure projects, with nearly 10,000m2 floorspace in all, will be added to the retail offer already present in the malls of its portfolio, thus offering a mix that meets the new customers’ needs.