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The financial restructuring measures will now be implemented promptly, as the restructuring plan of Gerry Weber International AG is legally binding. /// The new owner of The Body Shop is the private equity company Aurelius Group. The acquisition is expected to be completed in December, subject to approval by the relevant competition and regulatory authorities.

Fiba Commercial Properties, who undertook the leasing and asset management of the shopping mall DownTown Bursa Life and Entertainment Center, has welcomed its visitors with exclusive brands for the first time in the famous city of Bursa. Fiba CP further enriches the region with its grand opening, showcasing nearly 200 brands that span both local and global markets, adding significant value to the area.

Following its latest recognitions such as ‘Great Retail Company’ and ‘TripAdvisor Traveler’s Choice 2023’, La Torre Outlet Zaragoza continues to build on the momentum of its latest achievements.

Following the establishment of a branch in Basel, plans for a market entry in Switzerland are intensifying, for which the former Head of Real Estate at Denner, Alexandre Du Pasquier, is responsible.

Ingka Centres is set to launch its newest Hej!Workstation coworking space in its Avion Shopping Park in Bratislava, a smaller version of the already successful and thriving Hej!Workshop concept. Opening its doors on November 2nd, the space in Bratislava’s Avion will open on the 1st floor, offering workplaces that can be booked for free.

Milan has been chosen as the location for the expansion in Italy. The opening of the first flagship store in the fashion metropolis is planned for spring 2024.

HBB celebrates the opening of component A of Husemann Karree on the square of the same name in Bochum. In the mixed-use business quarter, the department store Woolworth, the food market Rewe Mert and, in addition, the textile retailer KULT (OLYMP&HADES) will open in component B on October 19, 2023.

Unleash Your Nature (UYN), part of the Italian sports and cycling goods manufacturer Trerè, is active in Germany with its subsidiary Tre Vertrieb GmbH for the stores and sales.