NEW YORK, 2014-4-7 — /EPR Retail News/ — CSC announced today the creation of a new scholarship, through a $25,000 gift from developer Gerald D. Hines in honor of Jean-Louis Solal, a pioneer of the shopping center industry in Europe. The ICSC Foundation Jean-Louis Solal Retail Sustainability Scholarship will help pay for students to attend the ICSC European Retail Property School, in Berlin. The scholarship will pay tuition and travel costs for one European student per year to attend the Development, Design and Construction Institute at the Retail Property School for five years. As more contributions begin to roll in, more scholarships will be awarded. Hines was Solal’s partner in the creation of the landmark Diagonal Mar retail development, in Barcelona, Spain. “This is an extraordinarily generous gift,” said Michael P. Kercheval, ICSC’s president and CEO. “It is an act of great vision by Gerald Hines, honoring a man of great vision, Jean-Louis Solal.”
The announcement was made at the ICSC European Conference, in Istanbul. Those wishing to contribute are invited to do so here.