Feature | Management
Flagship destination Westfield Centro: rebranding as a strong signal
“What makes the rebranding special is that it combines the international appeal of the brand with the local heritage – the locally grown tradition.”...
Investment | Ticker
Ingka Investments brings IKEA to the heart of Oxford Street with €446 million retail property acquisition
The investment supports the transformation of Ingka Group’s retail business, bringing IKEA closer to customers by opening new store formats in city locations, in response to increasing urbanization and new shopping beh...
Development | Feature | Ticker
Nivy Center revitalizing Bratislava’s city life
Bratislava’s residents are already referring to Nivy as the "downtown" or even "Manhattan"....
Feature | Studies & Reports
Europe’s retail markets emerging from crisis: Retail Attractiveness Index (GRAI) shows clear signs of recovery
Results for the 3rd quarter 2021.
...
Feature | Ticker
Special Issue “Retail Parks: Everybody’s Darling?”
This online special will be available as a free download until October 31....
Development | Feature | Management | Ticker
We are living in a complex world – new challenges for retail parks!
“Strong food retailers are an important building block for success in all our centers.”...
BIG Shopping Center raised 55 million euros at the Israeli stock exchange for further expansion in Serbia and the Balkans The BIG Group intends to use the proceeds from this bond issue to continue its expansion in Serbia and in the Balkan region....
Rouras benefits from more than 20 years of international experience in the retail industry in Europe, Asia and America.
The investment supports the transformation of Ingka Group’s retail business, bringing IKEA closer to customers by opening new store formats in city locations, in response to increasing urbanization and new shopping behaviors.
Bratislava’s residents are already referring to Nivy as the "downtown" or even "Manhattan".
Unibail-Rodamco-Westfield (URW) Germany, together with the Dutch Sheltersuit Foundation and local aid organizations, is launching a support initiative for homeless people in 15 German cities.
La Torre Outlet Zaragoza celebrated one year open to the public and to commemorate the special date, numerous activities and musical shows were announced that will take place until November 6.
Ballymore Asset Management Limited (BAML) has appointed Tony Hymers as Managing Director and Ross MacCaskill as Finance Director.
The international retail property market event will gather 8,200+ retail, property, food & leisure leaders from over 80 countries at the on-site event in the Palais des Festivals from November 30 to December 2, 2021.
A Paris-Proof retail property sector /// October 28 /// Webinar BPIE invites to an upcoming webinar which seeks to bring the retail real estate industry and policymakers closer together, “A Paris-Proof ...
“In today’s world, consumers expect quick and effortless service, and parking needs to reflect those changes”
A thoughtful brand strategy is the essential basis of any marketing effort. The brand, the expectation raised, is what remains after all of the marketing has swept through the room. It is what sticks in your customers’ minds. It is what makes them loyal. It is what makes them think you are worth a visit.
“Looking at the digital transition, ECSP members are certain that the future is omni-channel.”
“Despite laudable efforts, the retail real estate industry still needs a common vision and strategy to achieve full decarbonization by 2050.”
„Getting access to retailer product and inventory data has been the overall biggest challenge in any shopping center e-commerce related effort.”
“Seville Fashion Outlet in Spain will enjoy an extension of 2,680 sq m which will create space for 17 major brands to be added to the existing roster of more than 70 stores.”
The BIG Group intends to use the proceeds from this bond issue to continue its expansion in Serbia and in the Balkan region.
Bratislava’s residents are already referring to Nivy as the "downtown" or even "Manhattan".
“Strong food retailers are an important building block for success in all our centers.”
The expansion of the Eurovea mixed-use complex in Bratislava is progressing according to schedule. The project is being developed by J&T Real Estate, and the functional public places were executed by internationally recognized architect Beth Galí.
“Despite laudable efforts, the retail real estate industry still needs a common vision and strategy to achieve full decarbonization by 2050.”
Etele Plaza +++ Flair +++ Shop’in Pacé +++ Quarree
“What makes the rebranding special is that it combines the international appeal of the brand with the local heritage – the locally grown tradition.”
Ballymore Asset Management Limited (BAML) has appointed Tony Hymers as Managing Director and Ross MacCaskill as Finance Director.
CBRE reaches the number of 50 shopping centers under management and leasing in 2021, amounting to 2.3 million sq m throughout the Iberian portfolio.
Sonae Sierra’s new strategy focuses on the real estate investment management business and on the development of differentiating sustainable urban projects for integrated uses (residential, offices, commercial and leisure).
“Strong food retailers are an important building block for success in all our centers.”
“In today’s world, consumers expect quick and effortless service, and parking needs to reflect those changes”
The investment supports the transformation of Ingka Group’s retail business, bringing IKEA closer to customers by opening new store formats in city locations, in response to increasing urbanization and new shopping behaviors.
Why Lean Management is an imperative for future-proofing our shopping centers.
Just as the Covid-19 pandemic blurred the lines between office and home in 2020, the office of the future will need to combine elements of work, life, and experience in order to be competitive in post-pandemic city center locations, writes Nicole Pötsch, Head of Acquisitions & Sales for North & Central Europe at Allianz Real Estate.
The company has purchased the “6X6” building in downtown San Francisco. Following a transformation, the retail destination will be anchored by IKEA and will be complemented by mixed-use offerings.
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.
After several months of renovation work, the traditional Viennese gourmet food store Julius Meinl on the prestigious Graben in Vienna presents itself in new light in the middle of the exclusive pedestrian zone.
What does that really mean? Retail professionals have been engaged in this discussion for decades. The idea of creating physical, emotional shopping experiences has become an integral part of the retail discussion since physical, brick-and-mortar retail began to decline in popularity.
Following the rapid market exit of shoe retailer CCC from Austria, space in SES shopping centers was quickly allocated to new partners. The Polish discount retailer acquires attractive retail space and will open six new Pepco stores this year.
“Looking at the digital transition, ECSP members are certain that the future is omni-channel.”
For some time now, Berlin Mitte has featured a center with a wow effect: the H&M “Mitte Garten” at Neue Schönhauser Straße 13.
The recurring online event on all things retail welcomed four topnotch panelists who discussed current and future developments in the retail landscape and the necessary futuristic and innovative thinking to stay ahead.
Coniq’s total customer engagement platform will power Mall of Qatar’s strategy to deliver unique retail experiences for millions of shoppers.
„Getting access to retailer product and inventory data has been the overall biggest challenge in any shopping center e-commerce related effort.”
“As travel restrictions are eased over the coming months we will see the full return of tourist travel, which is good news for luxury retail destinations across the UK and Europe.”
“In the most extreme examples, the projects include conversions of mall properties to become partial warehouses for e-commerce fulfilment.”
Bigger leaps are being taken to lift us out of this pandemic. We still have a long way to go, the path ahead will be rocky, and the load we must carry is heavy. However, not everyone should expect the party to begin once we make our way out of the darkness. The beat of the drum and the rhythm of the song have changed.
The real estate business is not a sport but there are many similarities. Fair play, progress through training, new methodologies, competition, success (and failure), injuries and recovery, awards, fame etc.
After several months of renovation work, the traditional Viennese gourmet food store Julius Meinl on the prestigious Graben in Vienna presents itself in new light in the middle of the exclusive pedestrian zone.
In a critical period for HoReCa, office or mixed-use projects, recent investments are adding new flavors and attractive or innovative functions to revive the pulse in key submarkets of Bucharest. Can dining or working with sky views make flexible working or meetings more appealing?
Europe's food retailers are being put to the test by the eco- nomic consequences of the natural disaster Covid-19. This is a very special kind of weather situation. While non-food retailers and the food service industry are in sheer despair in the face of the calm caused by government-imposed lockdowns, the "system-relevant" food retail sector has been confronted with a veritable storm tide since the sec- ond quarter of 2020.
Industry leaders told us about the sales impact Corona had on their business in 2020. They also explain what fundamental changes in location, sales, and marketing strategy they are planning for 2021/2022 in response to the widespread economic impact of the pandemic.
A look at Australia: A “Hospitality Mindset” to drive sales and deliver positive experiences in spite of Covid-19.
The last 12 months has seen the most catastrophic impact on the F&B sector across the globe. First into lockdown and almost certainly one of the last sectors to re-emerge from the crisis, there’s not a lot more that can be said on the devastation to businesses, employees, and guests that hasn’t already been published. But what of the future? What will the post-pandemic foodservice landscape look like?
Results for the 3rd quarter 2021.
A number of shopping centers have opened their doors in Belgrade over the past few years. In June 2020, BEO, for which MPC Properties is responsible, opened its doors. Development, Technical Operations, and Innovations Director Jovana Cvetković looks back on a time of particular turbulence – not solely due to reasons relating to the pandemic.
It is a solemn fact that in order to understand the current situation of any commercial real estate market around the globe, including Turkey, analysis of the current impact of the Covid-19 pandemic on the main dynamics of the industry is required.
Probably almost everyone in Europe would like to see a return to normality, to where we have achieved herd immunity, infection numbers are controlled, and coronavirus-related restrictions are lifted. Whenever we reach that normality, it will still be a new kind of normal. The coronavirus pandemic will permanently change the way we work, live, and consume – and retailers will also have to find their way in the new world after the acute shock of 2020 and 2021.
Global Retail Attractiveness Index remains weak in Europe. Poland, Germany and Ireland are new top trio in index. UK the only market to see an increase.
As if retailers in German city centers have not had enough to contend with in recent years–primarily driven by growing competition from online retailers–now they are also confronted with even bigger economic problems due to the Corona pandemic and the associated restrictions and closures. A continuous analysis of visitor development by GfK shows what has actually happened since the start of the pandemic, who the losers and even bigger losers of the pandemic are, and what the future holds.
