#Week46 Innesco has been extremely busy with MAPIC Digital sessions this week, we’re also very proud to be a part of this monumental event as one of our clients, The Outlet Resource Group (TORG) launched Tbilisi Outlet Village, an outlet development in Georgia during the event. Retail and real estate is evolving and it just might be the right time to embrace collaborative retail.
EMBRACING COLLABORATIVE RETAIL: LOOKING AHEAD TO MAPIC DIGITAL The second week of November is always a busy week at Casa Innesco, as it is the week when we as a team get ready for what is arguably one of the most important weeks in the retail property calendar year: #MAPIC. Of course, this year is quite different compared to previous ones; instead of packing our bags, double-checking flight details and making lunch reservations down in Cannes, we have been busy familiarising ourselves with a digital event platform and filling up our calendars with Zoom meetings. Under the headline Embracing collaborative retail – Ready to change the rules?, MAPIC will offer twelve live sessions (in addition to the many, many sessions already available on-demand on the platform), speed networking sessions and a dedicated leisure programme under the LeisurUp brand – all over two days. The overarching theme of the event is, as one would expect, retail in a post-Covid world... Astrid Svensson, Senior Account Executive, Innesco
PROPERTYEU: "London dislocation is opportunity for the brave. " UK real estate pricing is 'an attractive opportunity' for 'brave' investors according to M&G Real Estate.
RLI: "Tbilisi Outlet Village Development Officially Launched" Tbilisi Outlet Village, a 20,000sq m GLA development near the capital of Georgia, is officially being launched this week at MAPIC Digital. The project is the first outlet at the crossroads of Europe & Asia.
PROPERTY WEEK: "Second London Time Out Market is possible" The chief executive of Time Out Market has hinted that a previously rejected application to open a market on a Spitalfields site in east London could be revived and said London was one of just two major cities where he would consider opening multiple locations.
FUNDS EUROPE: "Invesco launches residential property fund with pensions seeding" Invesco Real Estate has launched an open-ended fund investing in pan-European residential properties.Invesco Real Estate European Living Fund has seed equity capital of €140 million and a roughly €190 million investment capacity including debt.
EGi: "Future of UK Cities: Creating community" Social inclusion is rising up the agenda for the property industry. But is it something that real estate does well?
COMMERCIAL NEWS MEDIA: "XPROP launched to serve the UK’s out-of-town sector" Real-estate advisory firm, XPROP, has been launched this week by the partners and associates of CWM Out-of-Town. REASON TO SMILE Waitrose & John Lewis are focusing on kindness in this year’s joint Christmas advert, launched this week. The advert went live on social media, It is part of a major campaign by the two retailers, which they launched on National Kindness Day, based on the theme ‘Give A Little Love’.
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