Peter Wilhelm Iffat Memon1111


The International Council of Shopping Centers (ICSC) has announced this week at its annual ICSC European Conference in Barcelona the appointment of Peter Wilhelm, CEO of the Wilhelm & Co Group, as its new European Chairman; the official handover will take place in October this year.

Peter Wilhelm takes over from Josip Kardun, CEO of Multi Development, one of the largest pan-European mall managers in the industry.

Peter Wilhelm became a member of ICSC in 1997, and since then has held a number of strategic positions within the organisation – the last one being to chair the ICSC European Public Affairs Committee (EPAC) advocating for the shopping center industry in the European Union.

Bill Kistler, Executive Vice President and Managing Director of ICSC Europe commented: “We are very much looking forward to this appointment. Peter Wilhelm – member of ICSC for more than 20 years – has demonstrated throughout his professional career his knowledge of the retail real estate sector, and chiefly his ability to create significant, innovative projects and to think out of the box. This is an extremely relevant appointment at a specific moment when our industry is expected to adapt and find the right answers to major challenges.”

Peter Wilhelm added: “I am very honored by this nomination which leads me to succeed three presidents who together represented almost 500 shopping centers and more than 2 billion visitors every year. The challenges and opportunities arising in our industry are bigger than ever before. However, in the process of visiting several recently inaugurated projects, I noticed that our members are adapting well with necessary evolutions, and are well positioned to not only create these new lifestyle destinations our visitors are expecting, but also to bring fresh ideas to many tired city centers in need of new investment.”

The role of Chairman is important as it is responsible for leading more than 7,000 members across 35 countries to include owners, developers, investors, retailers, consultants and service providers who contribute to the five million retail real estate jobs and more than one trillion euros in sales annually across Europe.

About Megapars

Arya Omran Pars Company has been proudly able to rely on the needs of dear compatriots to meet the boundaries of strength and is now trying to complete the most beautiful and greenest shopping, entertainment and cultural complex in Iran.

The Megapars Commercial, Office, and Recreational Complex is one of the most beautiful multi-purpose centers in the country due to its special design and construction features. The builders of the Megapars Collection, while taking advantage of the latest innovations in the building industry, have created a beautiful architectural structure, away from the sectors and additional complexities, as well as the provision of the services and amenities needed by the region, following the development of a sample project Have been in the country

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