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MAPIC Russia 2020 is a long-awaited offline event for the retail real estate market, which gathered industry professionals and experts in Moscow on September 16-18, 2020.

Trei Real Estate GmbH just opened its 18th retail park under the Vendo Park brand in Poland. The retail property is located in Solec Kujawski in the Kuyavian-Pomeranian voivodeship.

M7 Real Estate, the pan-European investor and asset manager, announces the off-market sale, on behalf of M7 ISLAY, of a portfolio of 27 retail properties in Germany, to the FIM Unternehmensgruppe for €86.4 million.

How to shape the future!

Principal Real Estate Europe, Principal Global Investors’ European platform for real estate investments, acting as asset and transaction manager of the SCPI NOVAPIERRE
Allemagne 2 Fund managed by PAREF Gestion, has advised on the acquisition of two retail properties.

BNP Paribas Real Estate Investment Management (REIM) Germany acquired a retail property in Kiel for French real estate mutual fund BNP Paribas Diversipierre.

Since opening their doors on June 15, The Boulevard, Banbridge and The Junction, Antrim, two of Northern Ireland’s largest out-of-town retail schemes, have enjoyed a significant rise in footfall comparable to the same period in 2019 and unlike many high streets, this hasn’t dipped dramatically as the novelty of being out wears off.

M&S has today announced proposals to move to a leaner, faster retail management structure as part of its Never The Same Again programme.

Starting on October 1, 2020, Ivica Pavusek will be the new Head of Property, Maintenance, Purchasing & Sustainability (PMPS) at Unibail-Rodamco-Westfield (URW) Germany. In his new position, he will be responsible for all commercial and technical disciplines of the wide-ranging facility management sector at 23 German locations that are operated by URW.

CBRE Switzerland has won the exclusive letting mandate for one of Switzerland’s best-known retail properties in a bidding contest. The owner of the iconic building with the prestigious address Bahnhofstrasse 75/79 is Swiss Life.

Global real estate services firm Cushman & Wakefield has been named the Best CEE/SEE
Retail Real Estate Agency at the HOF Awards & Forum.

Commercial life begins anew at a tradition-steeped location: The former Brandt rusk bakery site is now the “Brandt Quartier”, the most modern retail park in the city of Hagen, which now will be operated by Deutsche Immobilien-Gruppe (the DI Group) for a fund run by Nuveen Real Estate.

Ingka Investments, the investment arm of Ingka Group (owner and operator of 381 IKEA stores) announces that a purchase agreement to acquire prime real estate in the heart of Paris has been signed. The space will be used by IKEA Retail France and the total investment is 130 million euros.

MAPIC will be held at the Palais des Festivals in Cannes from 17 to 19 November, 2020. Its theme of Embracing Collaborative Retail, along with the entire programme, has been designed to support and give an extra boost to the international retail property industry, which has been hit hard by the current health crisis.

IPH Handelsimmobilien, one of Germany’s leading independent managers for retail properties, has developed a new retail handling guide meant to provide a transparent and systematic evaluation tool for retail asset managers, investors and financing banks.

Shopping centres were reopened on 4 May. This is an indication that there’s light at the end of the tunnel for landlords and tenants, but the ongoing pandemic will have an enormous impact on the entire retail industry. Sylwia Wiszowata-Łazarz and Joanna Kłusek from global real estate services firm Cushman & Wakefield talked about the current market situation, changing consumer habits and what actions to take to ensure a safe return of shoppers to brick-and-mortar stores during the webinar “Disconnect to Reconnect – About retail in the new reality”.

Fund has target volume of EUR 300 million, focuses on food retail markets and grocery-anchored retail warehouse parks.

Sponda has appointed Katja Holmström as Director, Retail and a member of the company’s Extended Management Team. Holmström will start in her new position in early August and she will be responsible for developing and managing Sponda’s Retail business.

redos Group has acquired a portfolio consisting of six retail properties from EDEKA Handelsgesellschaft Rhein-Ruhr mbH, which is part of EDEKA Group, one of Europe’s largest food retailers. All of the properties are located in the northwest German state of North Rhine-Westphalia and are earmarked for the Redos Einzelhandel Deutschland II institutional fund, managed in partnership with Union Investment.