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INTERNATIONAL NEWS INBRIEF

TBILISI HOME TO NEW HOTEL
MITISKA REIM HAS OPENED ONE OF THE MOST BEGINNING NEXT YEAR, SES SPAR
A leader in accessible high-quality and affordable
SUSTAINABLE RETAIL PARKS IN ROMANIA WILL INVEST €30M IN SILLPARK accommodation, ibis, has announced the opening
of ibis Tbilisi City, the brand family’s seventh hotel
in the captial of Georgia. Situated in the Ortachala
Mitiska REIM, the leading specialist investor in European convenience real SILLPARK, the largest inner-city shopping district, the newly built hotel offers convenient
estate, has announced the opening of a new retail park in the Romanian centre in Innsbruck in terms of area and access to the historic old town shopping districts
city of Pitesti, one of four new development projects planned to open by which attracts over five million visitors a and key transport links.
Mitiska REIM in the Romanian market over the next two years. year, is to remain fully operational while it
The new Pitesti Shopping Park is food-anchored by a 5,000sq m undergoes modernisation and is enhanced PDPAOLA BOOSTS ITS GROWTH
owner-occupied Kaufland supermarket and features 15 units with a with a very special innovation: in a first for The Spanish jewellery brand PdPaola is making
gross leasable area (GLA) of 17,285sq m, with parking for 392 cars and Austria’s shopping malls, a health park of progress in the Italian market and has opened a
12 EV charging stations. Conveniently located on one of the city’s main more than 3,000sq m in area is being built. boutique in Rome, at Via Frattina 76. This is its
boulevards and close to the A1 motorway, the new retail park offers a The health park will form part of a second store in the country, in addition to the one
range of national and international brands, including TEDi, Pepco, KiK, much larger-scale modernisation of the it opened in Milan in spring 2023. The new 70sq m
a Clever Fit gym and the first Leroy Merlin DIY store and first Burger entire shopping mall. site combines warm colours, natural materials and
King drive-through in the city. SILLPARK’s owner SES Spar European contemporary design displays.
Developed on behalf of the FRI 2 fund and in partnership with Square Shopping Centers is investing over €30M
7 Properties, this latest development is the first by Mitiska REIM in in total to help create a timeless and NEW BUCCELLATI STORE OPENS
Romania to include solar panels on the roof area. modern spatial experience throughout the
site. The work is set to complete by 2026. The brand has expanded its Milan boutique
by opening the Piano Nobile at Palazzo Gavazzi
at Via Montenapoleone 23. Nestled in the heart
of the city’s famous luxury shopping street, the
NEINVER AND NUVEEN REAL ESTATE historic Palazzo Gavazzi imparts a new, vast and
SECURE REFINANCING DEAL prestigious space that marks another step forward
in the evolution of the maison.

NEINVER and Nuveen Real Estate assets. It will also allow us to invest in NICKELODEON SET TO EXPAND
have successfully carried out a €73M the centre, upgrading its installations and
The globally renowned children’s entertainment
debt refinancing for the French centre services and place sustainability at the brand, Nickelodeon, is set to expand its footprint
Roppenheim The Style Outlets, located forefront, at the same time as enhancing into Türkiye with the launch of a new theme
close to Strasbourg and owned by the shopping experience offered to its park and hotel in January 2025. This marks the
Neptune – a joint venture between catchment area.” first Nickelodeon-themed resort in the country
NEINVER and NUVEEN’s parent Farrah Brown, Head of Debt Capital bringing beloved characters such as the Teenage
company, TIAA. Markets, Europe & APAC at Nuveen Mutant Ninja Turtles and Paw Patrol to the region.
The deal, which has been structured Real Estate added: “This refinancing
as part of a sustainability-linked green underscores the strength of the business
ZARA HAVE REOPENED A NEWLY REFURBISHED STORE AT BURNSIDE VILLAGE SHOPPING CENTRE. SET IN A PRIME LOCATION, THE STORE TOTALS NEARLY 2,000SQ SUSHI SUSHI SET FOR GROWTH
M, SPANNING TWO FLOORS. THE STORE WAS ORIGINALLY LAUNCHED IN 2011 AS THE THIRD STORE IN AUSTRALIA. THE NEW STORE FEATURES THE LATEST financing agreement, has been signed with plan for Roppenheim and the trust our
TECHNOLOGICAL INNOVATIONS FROM ZARA’S INTEGRATED ONLINE AND PHYSICAL STORE PLATFORM. IT REFLECTS INDITEX AND ZARA’S CURRENT STRATEGY a five-year maturity with Crédit Agricole lenders have in us to deliver it. The asset The F&B brand is set to open 35 stores in New
OF OPENING STORES EQUIPPED WITH THE MOST EFFICIENT TECHNOLOGICAL TOOLS SO THAT CUSTOMERS CAN LIVE THE FASHION EXPERIENCE IN A SPACIOUS, Corporate and Investment Bank and LCL. has strong underlying fundamentals and Zealand over the next ten years after signing a
INNOVATIVE AND MORE SUSTAINABLE ENVIRONMENT. THE QUALITY OF SPACE IS A VITAL PART OF THE CONCEPT. THE INTERIOR IS PREDOMINANTLY WHITE, deal with a new master franchisee. Stanley Greene,
CLEAN AND NEUTRAL WITH HINTS OF COLOUR AND WARMTH FROM THE WOODEN FURNITURE AND THE NATURAL TONES OF THE TEXTILES. Daniel Losantos, NEINVER CEO said: we look forward to capitalising on those the first Kiwi to sign a master franchise agreement
“We are extremely pleased with this deal with new financing to upgrade amenities with Sushi Sushi, will take over the existing Sushi
which once again reflects the strength of and make sustainability a core focus.” Sushi Botany store and is keen to expand the
NEWMARK ASSISTS THE CASTAÑER OPENS NEW our business and the trust that investors Roppenheim The Style Outlets is the network in the next decade.
HOFF BRAND IN EXPANSION BOUTIQUE IN ROME place in the returns generated by our first centre owned by the joint venture.

Newmark Retail UK & EMEA has continued to support Spanish fashion The espadrille specialist firm continues its international expansion. As GENTLE MONSTER DEBUTS
and footwear designers THE HOFF BRAND with the announcement of part of its growth strategy, Castañer has opened a new store in Italy, FIRST FLAGSHIP IN AUSTRALIA
a new store opening in Belgium. located at number 33 on the central Via del Babuino in Rome.
The new store, which is located at Korte Gasthuisstraat 11 in The new store, which has been conceived under the firm’s classic
Antwerp, spans 92sq m and is situated close to popular mid-market concept, inspired by the Mediterranean and artisanal, offers a large Bluebell Group, Asia’s leading omnichannel brand operator and distributor, has
and premium brands such as Subdued, The North Face, Guess, & Other selection of Castañer pieces, including its new autumn/winter collection. announced the opening of Gentle Monster’s first flagship boutique in Australia.
Stories and Rituals amongst others. Korte Gasthuisstraat is one of the With this opening, the firm is strengthening its presence on the The 250sq m store occupies a prime spot on the Chadstone Shopping Centre’s
main high streets in Antwerp city centre, with an approximate footfall European continent, where it also operates its own boutique in Paris, in ground level. In true Gentle Monster fashion, a spectacular installation, the GIANT
of over four million people per year. The street leads into the ‘Wilde addition to its spaces in Spain. HEAD KINETIC OBJECT, is a defining feature of the store, highlighting the
Zee’ neighbourhood, a pedestrianised area consisting of five streets In Spain, it already has a total of 24 points of sale, including its own eyewear brand’s penchant for crafting compelling visual narratives that immerse
radiating from a central square. stores and corners in El Corte Inglés. Its Spanish footprint is spread customers into the brand’s universe.
THE HOFF BRAND was founded in 2017 by Fran Marchena and across cities such as Madrid, Barcelona, Valencia and Malaga, where it Bluebell Group will collaborate closely with Gentle Monster to support all
is headquartered in Alicante. It continues to increase its presence opened the shutters last summer on a new store designed under its facets of its operations in Australia to craft innovative marketing initiatives and
worldwide, with 60 monobrand stores. brand new concept. steer the future trajectory of the brand within the Australian market.

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