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Giny Boer is stepping down from her role as CEO of C&A Europe “in order to focus on future non-executive tasks”, the company’s Supervisory Board announced on Wednesday.

MEC is significantly expanding the portfolio of commercial sites it operates. The Düsseldorf-based company has now entered into an agreement with the investment consultancy SCP Group to manage eight German commercial sites with a total rental area of approximately 130,000 sq m. With the expansion of its portfolio, MEC now operates nearly 80 commercial sites nationwide, covering over 1.7 million sq m of rental space. 

MEC is further expanding its position as a retail real estate specialist and national market leader for retail parks: As of March 1st, 2024, it has taken over the operation of EKZ Abensberg.

MEC will continue to be responsible for the management of six retail locations in the KGAL Investment Management portfolio. In addition, the management of two further locations will be transferred to MEC. The two companies have now signed an agreement to continue and expand their existing partnership. With the management package transferred to MEC, the Düsseldorf-based retail real estate specialist operates over 130,000 sq m of lettable retail space for KGAL.

“One of the most surefire ways for management companies to optimize revenue for brands is to find ways to improve customer loyalty and to ensure both new and repeat visits,” states Sergio Jiménez, Marketing & IT Director at NEINVER.

MEC is optimizing its range of services for smaller retail locations. The new strategy concerns the management of retail properties without an on-site presence of center management teams. In doing so, MEC combines its operating expertise in the remote management of such properties with its nationwide organizational structure and thus short response times.