Who’s Who

Ioannis Papalekas

Ioannis Papalekas https://brec.ro/wp-content/uploads/2018/08/ioannis_papalekas.jpg 810 456 BUCHAREST REAL ESTATE CLUB BUCHAREST REAL ESTATE CLUB https://brec.ro/wp-content/uploads/2018/08/ioannis_papalekas.jpg 28/08/2018 28/08/2018

Ioannis Papalekas

Founder & CEO, Globalworth

BIOGRAPHY

Founder of Globalworth, Ioannis Papalekas has nearly 20 years of real estate investment and development experience, predominantly in Romania, having created one of the most successful real estate development and investment groups in the Romanian real estate market. He has significant experience in the acquisition, master planning, development, reconstruction, refurbishment, operation and asset management of land and buildings across all major asset classes in Romania. Before founding Globalworth, Ioannis was responsible for the acquisition, development and successful disposal of more than 400,000sqm of commercial (office, retail and logistics) space and 1,000 residential units in Romania.

ABOUT THE COMPANY

Globalworth is a leading real estate company with a primary focus on Poland and Romania, the two largest markets in Central and Eastern Europe (CEE). The company acquires, develops and manages commercial real estate assets, primarily in the office sector. In Romania, Globalworth has built a unique portfolio, valued at €1.1 billion as at December 2017 and establish itself as the leading real estate investor in the country, through acquisitions and developments, including landmark office buildings in Bucharest such as Globalworth Tower, Globalworth Plaza, TCI and, most recently, Globalworth Campus.

Zara embraces innovation and opens tech pop-up store in London

Zara embraces innovation and opens tech pop-up store in London https://brec.ro/wp-content/uploads/2018/02/zara-popup.jpg 1326 568 BUCHAREST REAL ESTATE CLUB BUCHAREST REAL ESTATE CLUB https://brec.ro/wp-content/uploads/2018/02/zara-popup.jpg 12/02/2018 28/08/2018

Future of retail fashion: Zara embraces innovation

and opens tech pop-up store in London

The accelerating pace of innovation is changing the real estate industry and the latest move of fashion retailer, Zara, is just the proof. At the end of January, Zara launched a tech-enabled pop-up store in London, designed for click and collect purchases ahead of a new permanent flagship space.

The pop-up store which occupies 200 sq. m in Westfield Stratford City offers a small edit of men’s and women’s clothing that shoppers can purchase online while there in person. This enables delivery same day if placed before 2pm, or the next day if placed in the afternoon. The clients can also access the full catalogue of the collections to choose from online.

Staff is available to assist with mobile devices and an easy payment system operated by Bluetooth is also aiming to facilitate a new experience. Mirrors in the pop-up store have embedded information screens to offer product recommendations – by scanning an item the system suggests other garments and accessories to coordinate and style with the one the client is trying, all by his or her size.

The pop-up will be open until May while the retailer’s flagship in the same location is refurbished.

The new space will occupy alsmot 4,500 sq. m and will have a similat focus on tehchology & innovation.

In the picture – the future Zara flagship store in Westfield Stratford City.