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Peter Dimulkas is appointed Vice President, Marketing at Citycon Dimulkas will lead the development of marketing for the company's 38 shopping centers in Sweden, Finland, Norway, Denmark and Estonia....

Peter Dimulkas is appointed Vice President, Marketing at Citycon

Dimulkas will lead the development of marketing for the company's 38 shopping centers in Sweden, Finland, Norway, Denmark and Estonia.

EXPO REAL 2019 and real estate – strong showing by both

2,190 exhibitors from 45 countries, more than 46,000 participants from 76 countries, and an additional exhibition hall: 2019 EXPO REAL was bigger and more international than ever.

Tangible Innovation: Cooperation with FACC Introduces Autonomous “Air Taxi” at SES Shopping Center

Under the slogan “From Ried to the wider world – the future begins at Weberzeile”, Upper Austrian aviation group FACC and SES Spar European Shopping Centers recently presented the autonomous air taxi at Weberzeile Ried.

Redevco strengthens board with appointment of Manolito van Ardenne as CFO

In his new role, van Ardenne will assume responsibility for the functions Finance, IT & Information Management, Governance Risk & Compliance, Corporate Finance, Tax and Project Portfolio Management.

Seven Dials marks 2019 World Mental Health Day with launch of third artist’s artist project

In support and acknowledgement of World Mental Health Day on Thursday October 10, 2019, Shaftesbury has unveiled ‘Count to Four’, a new public artwork by emerging London-based artist Lee Kay-Barry, in Seven Dials.

Elo Shopping Centre to get Finland’s first roof mounted solar power plant over 1 MW

Elo Shopping Centre to get Finland’s first roof mounted solar power plant over 1 MW

Hines is developing “Ireland’s Future of Retail” – Flagship Development Cherrywood Town Centre

The 67,000 sq m next generation retail centre will have a focus on place, experience and convenience.

Events
Opinion MORE

French Shopping Centers at a Turning Point

“Even though the French population is still growing, it is clear that the country is now well covered.”

Cooperation or Confrontation

How can the various issues and problems that exist in retail and the real estate industry be solved in this day and age?

It Is No Longer Just about Retail

“In our view the residential market is complementary to retail real estate, and combining them in a balanced way will only add to the strength of a location. In that sense, mixed-use developments tie in nicely with our retail background.”

Relationship-Centricity through Digitalization

“Establishing external partnerships with complementary digital-native merchants provides opportunities to offer complete solutions while increasing income through revenue share.”

Retail 2025

"Things are staying the same and changing, all at the same time."

How Technology Disrupts Competitive Shopping Habits

“For example, retailers are able to see the precise assortment structures of their competitors and benchmark them against their own.”

Development MORE

Genuine retail opportunity in Bratislava

HB Reavis is developing the mix-used scheme Stanica Nivy in the emerging Nove Nivy zone in Bratislava. This new shopping destination will attract 55,000 visitors daily.

Peter Csipak: The man behind the new glamor of Fashion Street Budapest

Fashion Street, a historical boulevard which stretches over 250 meters, is a high street in the heart of Budapest.

Retail Parks: The Sleeping Beauties

Retail parks were long considered a necessary evil. However, their image changed drastically as they defy online retail due to their function as local suppliers. They now have the full support of customers, tenants, and investors.

New center development in Parndorf / Austria

Austria's first outdoor center is being built in Parndorf. It will complement the retail conurbation there with, among other things, suitable shopping opportunities in the medium to upper-end quality segment. A safety training center featuring a firing range will serve as a particular highlight. A water fun park is scheduled to follow during the second expansion phase.

Shaping Real Estate Trends with Mixed-use Solutions

Diversification in real estate is a smart strategy at any stage in the economic cycle to hedge against risks. While some funds try to balance their holdings across a range of asset classes, an alternative key solution is a mixed-use approach to individual projects. Even when schemes are dominated by one usage type, the inclusion of different elements gives the asset greater resilience across market cycles and evolving political, demographic, and economic scenarios.

“We Contribute to Marketing and Advertising Costs”

The Belgian De Vlier Retail Development Group has been planning and constructing retail parks in Belgium, France, and Austria under the Frunpark umbrella brand for close to 20 years. In an interview with ACROSS, Managing Director Peter De Roo reflects upon the last two decades and looks toward the future.

Management MORE

Innovative Security Approach – Proactive Behavioral Analysis

The issue of security at shopping centers has become increasingly important. A proactive concept that relies on behavioral analysis and is backed by years of considerable success preventing terrorism and crime, has proven itself to be professional, deterrent, precise, and efficient.

“Retail Can Play an Active Role in Shaping Change”

In an interview with ACROSS, Christine Hager, Managing Director / Head of Shopping Center Asset Management at redos Group, calls for even closer cooperation among owners, operators, and tenants.

What Does Sustainability Mean for Retail Real Estate?

According to a recent survey conducted by Ingka Centres, 90% of respondents confirmed their willingness to change their behavior in an effort to combat climate change, but many, ultimately, have remained inactive. This reality is primarily attributed to the fact that most people do not know what they can do, which demonstrates the important role organizations play with regard to helping individuals drive change.

The Ten Commandments

Location marketing becomes increasingly important. This is the way to sustainably boost a shopping center’s frequency and revenue.

Always at your service!

Shopping centers gain their competitive edge with innovative support options that bind customers to them and motivates these customers to return.

How to transform retail properties into brands

Around three years ago, Immofinanz, which operates throughout Europe, decided to market its retail properties under the names Stop Shop and VIVO! Today, 80 Stop Shops provide daily consumer goods for Eastern and Southeastern European consumers.

Investment MORE

IMMOFINANZ turns net profit significantly positive with EUR 217.5 million in 2018

IMMOFINANZ significantly strengthened its earning power during the 2018 financial year:

Mitiska REIM Forms Joint Venture with Karuzela Holding

Mitiska REIM has recently announced a strategic partnership with Karuzela Holding. Under the terms of the agreement, the two companies will form a joint venture in Poland, and Mitiska REIM’s FRI 2 fund will acquire a 50% holding in two retail parks and two gallerias owned by Karuzela, comprising a total GLA of 35,600 sq m, and both parties will co-develop four additional projects, comprising a total GLA of approximately 60,000 sq m.

Sierra Balmain Joint Venture | Servicing 15 Retail Properties in 15 Polish Cities

Sonae Sierra has acquired a 50% stake in Balmain Asset Management Group’s Central European platform. Balmain has operated for over 15 years in Poland.

KGAL ACQUIRES RETAIL PARK IN STYRIA, AUSTRIA

KGAL Group is expanding its real estate portfolio in Austria via the acquisition of a contemporary annex to Mühldorf retail park in Feldbach, Styria.

Nivy Station in Bratislava: HB Reavis Receives Loan in the Amount of €175 Million

HB Reavis has obtained a syndicated loan in the amount of €175 million for the construction of the Nivy Station project in Bratislava.

Sole Underwrite over 1.1 Billion Euros | Financing of Potsdamer Platz in Berlin

In its role as arranger, agent, and security agent, LBBW has secured the long-term financing of the Potsdamer Platz site in Berlin on behalf of Brookfield Properties for EUR 1.1 billion.

Retail MORE

Online Retail or Stationary Retail: Neither One Can Live without the Other

When considering the future of retail, it often seems that there will only be one relevant market place: the Internet. Will online retailers really replace stationary retailers? Let’s take a look at current developments, with physical retailers who have focused on growing their businesses online now shifting back to growing their stationary presence. One might ask why. The reason is very simple: retailers, particularly those in the fashion industry, need to satisfy their customers’ demand for experience as well as convenience and choice, and that can best be delivered in a physical space. By Katharina von Schacky

Why buy when you can borrow?

The Sharing Economy is the internet generation’s latest trend. Bustling online portals like Airbnb and Uber show us every day that there is money to be made by “sharing instead of buying”. At the ICSC European Conference in Barcelona, the concept “Library of Things” shows that the sharing economy can also be an interesting approach for stationary retail.

Study from Deloitte | Global Powers of Retailing 2019

Deloitte’s latest “Global Powers of Retailing 2019” study has listed the 250 top-selling retail companies for the 22nd time.

Muji Expands into Switzerland – First store at Glattzentrum

The Muji retail chain, which is worth billions, is opening its first branch in Zurich next autumn.

PWC: Customers Want Better Retail Service

According to a recent study by PricewaterhouseCoopers (PwC), more and more Germans are returning to shops – where they often find a range of services with room for improvement.

Good Mood and Exciting Perspective

“The complete focus on the customer, with his ideas and wishes regarding shopping, has progressively become the benchmark for tailormade developments.” By Christine Hager.

Proptech MORE

Westfield London Launched the First AI-Powered Store

“The Trending Store” tracked more than 400,000 early adopters and innovators from 150 countries and 1,000 cities from across the globe in an effort to identify the next big trends. Garments and accessories were then stocked based on items that were trending in real time across social media.

Alexa Responds at Romaest

A Rome-based shopping center has become the first in Italy to install Amazon's cloud-based voice service.

The Future Began Yesterday

The technological challenges that brick-and-mortar retail faces – a deliberately critical scenario.

Always at your service!

Shopping centers gain their competitive edge with innovative support options that bind customers to them and motivates these customers to return.

“Every decision maker in the industry is interested in speaking with us”

The Norwegian Boostcom Group is a world-leading PropTech supplier for shopping centers. In an interview with ACROSS, CEO Peter Tonstad explains how he manages to reach up to 80% of mall visitors.

Everyone Needs to Be Aware of What is Happening, When, and Why

Dutch company Chainels' platform provides the tools that are necessary to reach and engage mall stakeholders.

Food & Beverage / Leisure MORE

Listen to the people, it’s music!

The game has changed for a variety of real estate developments.

Leisure: Surpassing Emotional Expectations

“There is no better marketing strategy than making people feel good.”

TRECK: the new high-speed food brand at Dutch stations

The Broodzaak locations at the Amersfoort, Haarlem and Leiden train stations will be the first to be converted to the new brand at the end of May. In about one and a half years, all Broodzaak stores will have been replaced by TRECK. Alongside an expanded variety in the F&B assortment, guests of TRECK can continue on t heir journey faster thanks to the addition of self-scan checkouts. Current employees of Broodzaak will continue to work for the new brand, with intensive training during the transition.

LONDON ON THE MENU FOR INTERNATIONAL FOOD AND BEVERAGE OPERATORS

Last year marked a record year for international food and beverage operators entering the London market, with 21 international concepts opening a debut site in the capital in 2018, according to research from international real estate advisor Savills. Furthermore, the firm notes that this momentum has continued into this year, with eight concepts already open and an additional 11 debut sites already in the committed pipeline.

ECE Modernizes Nova Eventis

The redesigning and upgrading of the shopping and experience center in Leipzig/Halle will be carried out at a cost of 40 million euros.

Basingstoke’s food and beverage appeal expands with arrival of new dining choices to Festival Place

A taste of Asia is coming to Basingstoke’s Festival Place with the arrival of not one, but two new f&b operators expanding the wide menu of dining choices at the region’s leading retail and leisure destination. Independent Japanese restaurant The Sushi Maki and Kokoro, offering a palatable menu of East Asian dishes, have both signed up to open at the 1.1 million sq ft shopping centre.

Studies & Reports MORE

Global Retail Attractiveness Index Second Quarter 2019

The Union Investment index analyses the attractiveness of the top European markets. Retail property: GRAI index reveals encouraging signs for Germany, Ireland, Spain and Portugal.

European Retail in 2019

GfK study on key retail indicators: 2018 review and 2019 forecast

Study from Deloitte | Global Powers of Retailing 2019

Deloitte’s latest “Global Powers of Retailing 2019” study has listed the 250 top-selling retail companies for the 22nd time.

PWC: Customers Want Better Retail Service

According to a recent study by PricewaterhouseCoopers (PwC), more and more Germans are returning to shops – where they often find a range of services with room for improvement.

Taking a closer look at the retail market of a relatively young capital

The ultimately 382-meters high “Abu Dhabi Plaza” in Astana is about to become the highest building in Central Asia. It also accommodates a shopping center, among many other things.

BRICKS DRIVE CLICKS

A Physical Presence is Key to Consumer Engagement and Success.