Development | Feature
“Remodeling, Remerchandising, and Remarketing”
Since VIA Outlets acquired Landquart Fashion Outlet five years ago, the occupancy rate has risen to a strong 96 percent. Center Director Mathias Bommer explains the measures that have led to this development....
Development | Feature
Small Country, Saturated Market
The Swiss have a relatively large number of designer outlets at their disposal. A project that has recently been abandoned for good does nothing to alter the situation....
Feature | Management
“Contemporary Concepts Do Not Grow on Trees”
The recently created business segment ECE Marketplaces, part of the newly organized ECE Group, will be headed by Joanna Fisher, in her role as CEO, effective January 2021. The CEO-designate of ECE’s shopping center bus...
Free Download – Sample Handbook on Hygiene and Safety Measures for Gastronomy and Gym Facilities
The gastronomy sector is one of the most important components for visits to successful shopping destinations. Therefore, the impacts of the pandemic-related regulations are all the more significant for this sector as wel...
Development | Feature
Rethink and Reshape Retail Space
Multi is currently carrying out several refurbishment projects within its portfolio, all of which center around the creation of spaces that are integral parts of their respective communities....
Feature | Management
Mediation at Shopping Malls
Mediation is a highly informal method of resolving business disputes, which is several times cheaper than court proceedings or arbitration proceedings. Could it provide an ideal manner in which to resolve such disputes d...
Feature | Management
Christmas 2020 Lies Ahead
As shopping centers and retail spaces experiment with the so-called “new normal” following months of closures, restrictions, and cancelled events, we should not forget that “the most wonderful time of the year” s...
Feature | Studies & Reports
Yet another hurdle cleared
Modern retail stock in Romania will exceed the 4 million sq m threshold by the end of the year. Several openings were postponed due to Covid-19....
The first collection of premium brands has been unveiled for McArthurGlen Designer Outlet West Midlands, marking an exciting milestone in the £160 million development that will be the UK’s newest major fashion and leisure destination when it opens in early 2021.
Europe’s leading designer outlet group, McArthurGlen, has announced that its long-serving CEO, Julia Calabrese, will assume the new role of Vice Chairman. Susie McCabe and Joan Jove will succeed her as Co-CEOs.
Chapman Taylor is designing a major mixed-use development for a 5.6-hectare former factory site in central Tashkent, Uzbekistan.
Hammerson has announced that leading Scottish distillery and brewery, Eden Mill, has chosen its flagship destination Silverburn, in Glasgow, to launch its latest premium pop-up gift store.
Tokmanni, Finland's largest general discount retailer, will open its comprehensively renewed store in Hamina on Thursday 29 October 2020 at 8 am. The opening of the modern and more attractive store will feature many special offers and Tokmanni’s popular free buckets filled with product gifts. Tokmanni will, naturally, ensure a safe shopping experience also at its store opening events.
The Outlet Resource Group (TORG) announced that it has chosen Coniq, the Total Customer Engagement Company, to help power its multichannel loyalty strategy.
Hammerson plc announces the appointment of Connor Owens as its new Director of Ireland. Connor will head up Hammerson’s Irish business, and lead the operation across its high quality portfolio, which includes Dundrum Town Centre, the ILAC Centre, and Swords Pavilions.
“It will be important for retailers – particularly smaller retailers that do not have their own online platforms – to be connected to a larger, joint partnership-oriented platform and to utilize their own stores as warehouses as well to make deliveries to buyers from the stores.”
“Many of the key trends that were driving our business before Covid-19, such as the digitalization of retail, sustainability, urbanization, community engagement, and social trends are here to stay.”
“The technology exists to offer tenants a way to contact their customers with safety messages and special offers when they arrive on site, as well as new Coronavirus safety innovations, such as in-car queuing systems.”
Despite the pandemic and nearly two months of lockdown, Westgate Shopping City has continued to open new stores and attract visitors. The shopping center in Zagreb is prepared to face the realities of the near future, which are sure to be challenging.
“Building and system behavior is automatically learned and provided with forecasts. After all, weather, customer footfall, opening hours, etc. have a strong impact on individual energy requirements.”
“With trillions of euros to spend, the European Green Deal and Covid-19 recovery plan want to retrofit the continent’s building stock. Retail brands should get ready.”
Since VIA Outlets acquired Landquart Fashion Outlet five years ago, the occupancy rate has risen to a strong 96 percent. Center Director Mathias Bommer explains the measures that have led to this development.
The Swiss have a relatively large number of designer outlets at their disposal. A project that has recently been abandoned for good does nothing to alter the situation.
Multi is currently carrying out several refurbishment projects within its portfolio, all of which center around the creation of spaces that are integral parts of their respective communities.
Eurovea, which opened its doors on the banks of the Danube River roughly 10 years ago, is one of the most visited destinations in Bratislava. The shopping center is currently undergoing expansion.
Recently, the Outlet Moscow was officially opened by Hines in the Russian capital.
Daniel Losantos has been the CEO of NEINVER for roughly five years. In an interview with ACROSS, he discusses the events of the last few months, the expected market consolidation, and the advancements of Amsterdam The Style Outlets.
The recently created business segment ECE Marketplaces, part of the newly organized ECE Group, will be headed by Joanna Fisher, in her role as CEO, effective January 2021. The CEO-designate of ECE’s shopping center business discusses current challenges and future strategies in an interview with ACROSS.
Mediation is a highly informal method of resolving business disputes, which is several times cheaper than court proceedings or arbitration proceedings. Could it provide an ideal manner in which to resolve such disputes during the coronavirus crisis?
As shopping centers and retail spaces experiment with the so-called “new normal” following months of closures, restrictions, and cancelled events, we should not forget that “the most wonderful time of the year” still lies ahead of us, and it deserves to be celebrated in style.
Recruitments, promotions and appointments...
Business closures and rent losses in the coronavirus crisis have made banks even more cautious about retail properties and shopping centers. In the case of refinancing, portfolio holders have to calculate with higher interest rates and additional equity.
Following its transformation, the scheme will be the first mixed-use object in a downtown location, anchored by an IKEA city store, in the United Kingdom.
Ingka Centres’ €7.3 billion investment to transform its business remains on track – with particular emphasis on sustainability and innovation.
Allianz Real Estate Refinances a 300-million-euro Acquisition +++ Investment in Hallplatz-Galerie in Zweibrücken +++ Investika purchased Galerie Butovice
The most active real estate investors in Romania came from Europe – up until 10 years ago. Today, investors from South Africa and Singapore play a vital role, says Liviu Tudor, Founder and President of the Romanian Association of Building Owners (Rabo).
Hidden Stars: Why retail parks become increasingly popular among investors, developers, and customers.
Many on the European continent seem to think that we live in a free world, underpinned by free market economics, and that our comparative wealth is unassailable. But the market that we now operate in is anything but free. Retail is perhaps the sector in which this is most searingly obvious. It all boils down to this: Between which entities should money flow take place? The trick must surely be to ensure that the money flow stays here. But how do you compete with global e-commerce?
What kind of experience are consumers looking for today? How important is the digital world? Is sustainability still relevant?
The online event was dedicated to the Covid-19-related question: European Outlets–back to normal? A large and prominent expert audience followed the discussion.
Even though many things are changing in times of corona, the renovation of Quarree Wandsbek in Hamburg continues and even big stores with more than 800 sq m have reopened. Their product ranges already expanded, as “Kreativmarkt Hamburg” signed its new lease agreement in the middle of the crisis.
Five points emerged at this event that focused on the problems of lease payments in connection with Covid-19. A large and very prominent expert audience followed this online discussion closely.
Corona is rapidly changing the world of retail. Shopping centers also experience these changes. Operators and tenants are facing far-reaching changes. Especially the severely affected fashion industry will accelerate these changes.
The Covid-19 pandemic will cause lasting change in the way that we live, work, play, and particularly in the way we shop.
The importance of multichannel communication between mall management, tenants and consumers has become clearer to everyone during the isolation, says Hannu Käki VP, Business Development at HyperIn, in his interview.
“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.
A Rome-based shopping center has become the first in Italy to install Amazon's cloud-based voice service.
In recent years, F&B has been hailed as the retail-centric development equivalent of a knight in shining armor; an offer that cannot be replicated online, that delivers customers an experience worth seeking-out and returning to time and again. The onset and impact of Covid-19 highlights the importance of a successful F&B strategy and the development of appealing F&B destinations that respond to how the customer of the future will shop day and night, and how mixed-use places are stitched together.
The reign of retail is over. The Covid-19 crisis is not a black swan for the shopping mall industry.
The perks of traveling: enjoying the tastes of your holiday destination, and, upon return, devouring your favorite dishes from home at the airport. HMSHost International currently operates in 19 countries around the globe. Although our company has an international scope, we have never lost sight of local culture and cuisine, which has allowed us to think globally and act locally. As a result, alongside leading international brands, local concepts and restaurants can be found at the airports, shopping centers, and train stations in which we operate.
The game has changed for a variety of real estate developments.
“There is no better marketing strategy than making people feel good.”
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.
Modern retail stock in Romania will exceed the 4 million sq m threshold by the end of the year. Several openings were postponed due to Covid-19.
Almost 90,000 sq m of new retail space was delivered to Polish market in the second quarter of 2020. Footfall amounted to approximately 80% of last year’s due to the pandemic.
Malls in Switzerland are currently losing 39 million Swiss francs in revenue per day.
The corona virus pandemic and the related measures represent an entirely new and unexpected situation for the entire real estate market, with a global scope and a major local impact on everyone. According to Cushman & Wakefield Czech Republic, retail is one of the most affected sectors, yet it should also play a pivotal role in re-starting the economy.
Standort + Markt recently published a first estimate regarding the anticipated daily loss of revenue of shopping places in Austria due to the corona shutdown. Its results provide solid guidelines for the European retail real estate market in general.
It almost reminds one of the 1993 film “Groundhog Day”. The only difference is that Dr. Will, together with his management consultancy Ecostra, has only employed the recurring, annual use of mathematical calculations since 2011, with the purpose of creating a body of evidence, based on statistical methods, that would allow for a ranking of the best shopping centers in Germany to be drawn up.