Opinion
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.”...
Proptech
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 ...
Proptech
Alexa Responds at Romaest
A Rome-based shopping center has become the first in Italy to install Amazon's cloud-based voice service....
Development | Feature
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....
Management
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 prove...
Feature | Management
“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....
Development | Feature
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....
Opinion
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?...
Feature | Ticker
Supernova Group: upcoming projects
Managing Director Markus Pinggera intends to carry out refurbishment work on all centers....
Feature | Management
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 Southeas...
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....
Dimulkas will lead the development of marketing for the company's 38 shopping centers in Sweden, Finland, Norway, Denmark and Estonia.
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.
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.
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.
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
The 67,000 sq m next generation retail centre will have a focus on place, experience and convenience.
6th Annual Romanian Retail Real Estate Forum /// October 17, 2019 /// Bucharest, Romania At this year’s Romanian Retail Real Estate Forum, participants will be invited to discuss these latest retail development strategies and ...
“Even though the French population is still growing, it is clear that the country is now well covered.”
How can the various issues and problems that exist in retail and the real estate industry be solved in this day and age?
“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.”
“Establishing external partnerships with complementary digital-native merchants provides opportunities to offer complete solutions while increasing income through revenue share.”
"Things are staying the same and changing, all at the same time."
“For example, retailers are able to see the precise assortment structures of their competitors and benchmark them against their own.”
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.
Fashion Street, a historical boulevard which stretches over 250 meters, is a high street in the heart of Budapest.
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.
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.
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.
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.
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.
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.
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.
Location marketing becomes increasingly important. This is the way to sustainably boost a shopping center’s frequency and revenue.
Shopping centers gain their competitive edge with innovative support options that bind customers to them and motivates these customers to return.
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.
IMMOFINANZ significantly strengthened its earning power during the 2018 financial year:
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.
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 Group is expanding its real estate portfolio in Austria via the acquisition of a contemporary annex to Mühldorf retail park in Feldbach, Styria.
HB Reavis has obtained a syndicated loan in the amount of €175 million for the construction of the Nivy Station project in Bratislava.
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.
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
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.
Deloitte’s latest “Global Powers of Retailing 2019” study has listed the 250 top-selling retail companies for the 22nd time.
The Muji retail chain, which is worth billions, is opening its first branch in Zurich next autumn.
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.
“The complete focus on the customer, with his ideas and wishes regarding shopping, has progressively become the benchmark for tailormade developments.” By Christine Hager.
“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 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.
Dutch company Chainels' platform provides the tools that are necessary to reach and engage mall stakeholders.
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.
The redesigning and upgrading of the shopping and experience center in Leipzig/Halle will be carried out at a cost of 40 million euros.
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.
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.
GfK study on key retail indicators: 2018 review and 2019 forecast
Deloitte’s latest “Global Powers of Retailing 2019” study has listed the 250 top-selling retail companies for the 22nd time.
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.
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.
A Physical Presence is Key to Consumer Engagement and Success.
