Feature | Ticker
Covid-19 crisis: Now what? Do we have a solution?
Or will we keep hiding behind our contracts? A discussion with landlords and tenants....
Feature | Retail
More courage, more creativity
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 the...
Feature | Retail
How to reopen your shopping centres. User guide
The need for marketing, centre operations and leasing teams to work together to help their destinations recover faster and stronger from the COVID-19 crisis is paramount. Coniq has written this practical how to guide fol...
Feature | Investment
Stricter financing conditions for retail properties
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 int...
Feature | Management | Ticker
People in move
Recruitments, promotions and appointments......
Feature | Retail
Covid-19: The situation on Milan’s market is changing daily
“Outlets will probably have a longer recovery: domestic and foreign tourism usually contributes a lot to the total turnover.”...
Development | Feature
Steel on hold
The shopping resort in Saint-Etienne with its about 70 shops and restaurant cannot open as planned due to the ongoing crisis. ...
Feature | Opinion | Retail
The Retail Real Estate Industry is Finding Itself on Very Thin Ice
An attempt to explain the current situation faced by retail tenants....
Feature | Management | Ticker
When managers waive their salaries
In light of the Covid-19 crisis, the management teams of several industry players express their solidarity with tenants and shareholders. The management board members of URW, Eurocommercial Properties, and Werelhave waiv...
Covid-19 crisis: Now what? Do we have a solution? Or will we keep hiding behind our contracts? A discussion with landlords and tenants....
Consumers in Ukraine will have more options to enjoy better and safer shopping standards, following the opening of new food stores by the country’s major retailer, Fozzy Group, supported by the EBRD.
Vastned, the listed European retail property company focusing on 'venues for premium shopping', announces an update to the present strategy. The update will be revealed in February 2021 at the publication of the 2020 annual results.
Westbridge Advisory International AG has restructured the electricity and natural gas supply contracts for the Dutch shopping centre “Passage Corridor” in Veenendaal on behalf of an international real estate investor at the end of March 2020.
SES Spar European Shopping Centers, Austria's market-leading shopping center operator, opened ALEJA Center in Ljubljana on Wednesday, 20 May 2020. The 150 million euros investment serves as a mixed-use shopping and leisure hot spot.
NREP taps Henrik Skak Bender as new COO and partner. The former Group CFO at WS Audiology joins NREP to strengthen the leadership team at a time where focus on culture, performance and people is key for realizing an ambitious 2025 growth plan.
Meyer Bergman is creating a €2 billion platform allowing institutional investors to tap into surging demand for last-mile distribution centres, with the launch of Crossbay.
Shopping Center- & Commercial Real Estate Forum Switzerland /// September 3, 2020 /// Zurich, Switzerland The world of retail property and placemaking. ...
An attempt to explain the current situation faced by retail tenants.
However, according to Otto Ambagtsheer, CEO of VIA Outlets, the way in which customers shop will change, at least on a temporary basis. For example, in some of the company’s markets, they will not be able to let guests try on clothes before they buy them, and clothes that are returned will need to be quarantined for three days.
At the end of 2020, we intended to celebrate the opening of Nivy Station and welcome our first customers. We planned to change the face of Bratislava by working together and presenting a unique public space designed for travelling, shopping and relaxation. Due to the effects of the pandemic and state implemented measures, the possible opening date has become Spring 2021, when the project will be in construction readiness.
The reign of retail is over. The Covid-19 crisis is not a black swan for the shopping mall industry.
The Covid-19 pandemic will cause lasting change in the way that we live, work, play, and particularly in the way we shop.
“Fridays for Future, Earth day or the Fashion Revolution Week are just a few examples of a young, global movement that is only just beginning to fight for its market relevance.”
The shopping resort in Saint-Etienne with its about 70 shops and restaurant cannot open as planned due to the ongoing crisis.
New SES shopping center - on May 8, 2020 the brand-new shopping mall in Slovenia ALEJA opened its doors.
Construction of the first shopping and entertainment gallery in Żory - Galeria Wiślanka is underway. Construction works are carried out in accordance with the investment schedule. Activities related to the building's raw state have been completed. Currently, installation and finishing works are in progress inside the building. Soon it is planned to hand over the first premises to tenants. The opening of the Gallery is planned for the beginning of the fourth quarter of 2020.
When it reopens in spring 2022, the shopping centre Lippulaiva will offer much more than just shopping. The shopping centre will house a wide range of private and public services. One of the most significant public services will be the new Espoonlahti regional library.
The new opening date of the mall in Belgrade with its 43,000 sq m of GLA will be announced as soon as possible, according to Atterbury Europe.
Due to the Covid-19 pandemic AFI Europe, the largest shopping center project to be delivered this year in Romania will not be opened as planned.
Recruitments, promotions and appointments...
In light of the Covid-19 crisis, the management teams of several industry players express their solidarity with tenants and shareholders. The management board members of URW, Eurocommercial Properties, and Werelhave waive parts of their salaries or remunerations.
Recruitments, promotions and appointments...
HyperIn helps tenants report their sales automatically, emphasizes CEO Markus Porvari. The figures are combined with consumer analytics from mall websites, social media, and mobile loyalty applications, then enriched by leasing contract information. This comprises fundamental data that center management needs to understand in order to increase sales.
Time to start over: The German Council of Shopping Places (GCSC) kicked off the new year in an unusual way with REBOOT in Berlin, an event that included many refreshing innovations as well as interesting talks and workshops. Approximately 400 participants came to the legendary KOSMOS for this occasion.
Recruitments, promotions and appointments in the European Retail Real Estate Industry.
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.
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 need for marketing, centre operations and leasing teams to work together to help their destinations recover faster and stronger from the COVID-19 crisis is paramount. Coniq has written this practical how to guide following numerous conversions with clients and partners so your pre- and post- reopening plans are a huge success.
“Outlets will probably have a longer recovery: domestic and foreign tourism usually contributes a lot to the total turnover.”
An attempt to explain the current situation faced by retail tenants.
Now is the time to stand together.
Ken Hughes is an authority on consumer and shopper behavior. According to him we now live in what he has decided to name “The Captive Economy”–one where we as participants and consumers are limited in terms of how we are to live our lives.
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.
The technological challenges that brick-and-mortar retail faces – a deliberately critical scenario.
Shopping centers gain their competitive edge with innovative support options that bind customers to them and motivates these customers to return.
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.
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.
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.
Union Investment’s Global Retail Attractiveness Index measures the attractiveness of retail markets across a total of 20 countries in Europe, North America and the Asia-Pacific region. GRAI was developed by Union Investment, GfK and Across.
Zagreb’s city center shopping malls need to be transformed into the pseudo living rooms of the Croatian capital. Conversely, shopping centers located on the outskirts of Zagreb have to be developed into supraregional shopping and entertainment destinations.
