The restyling of Centro Sarca Shopping Center is focused on people, who are welcomed as if they were entering a new home: inclusive, warm, well-nourished and sustainable.
Mitiska REIM acquires Portal Mediterraneo retail park in Vinaroz (approx. 200 km south of Barcelona). In addition, Mitiska REIM announced the appointment of Christophe Mouton as Head of Spain and Portugal, and Stefan Klug as Head of Germany.
MEC METRO-ECE Centermanagement took over the commercial and technical property, center and leasing management of the De-Gasperi-Passage Norderstedt.
On June 30, Bill Kistler was appointed as ICSC’s Executive Vice President and Managing Director of EMEA. In his interview with ACROSS, he talks about his goals, cooperating with the EU—and a positive future for the industry.
Professional answers and recommendations to counteract potential terroristic dangers. International and instantly applicable expert know-how. Find out what you can do now!
Plus City’s extension was opened on September 1. This mall in Upper Austria’s Pasching is a microcosm that has become a self-contained leisure and shopping city.
In an interview with ACROSS, Gastón Gaitán, Manager and Director of theleisureway, explains why leisure is a branding instrument—the identity of the whole shopping center is at stake.
Markus Heckhausen founded the Berlin iconic brand Ampelmann and is a member of the city’s next retail platform: “First Store by Alexa”. In an interview with ACROSS, he explains why the German capital is fertile ground for start-ups in bricks-and-mortar retail.
That is one of the main messages from a white paper recently published by Neinver on France’s outlet center market.
In this interview with ACROSS, Anne Murray from InvestGlasgow and Stephen Bibby from Cushman & Wakefield explain the Scottish city’s investment opportunities.
Colliers recently published a “Retail Market Overview” of the first half of 2016 in Bulgaria. It indicates that the market will undergo sustainable development, with decreasing levels of supply and stable demand until the end of the year.
A lot has been said and written in the past years about the necessary reorientation of shopping centers and other retail locations, and at least as many measures were also realized since then.
In 2009—for the first time in history—the world’s urban population exceeded its rural population. By 2030, the number of people living in cities around the world is expected to increase by one billion.
The re-introduction of Sunday business hours for shopping centers in Hungary was announced and introduced unexpectedly and with surprising speed, even quicker than the introduction of the obligatory Sunday shopping ban in March 2015. Why was it so urgent?
The tax on retail sales coming into force on September 1, 2016 will not contribute to the decrease in the number of shopping centers in Poland. The tax will increase the competitiveness of small- and medium-sized businesses in comparison to large entities operating in the commercial sector and will increase the state’s revenues.
Since McDonald’s opened its first UK restaurant in Woolwich in 1974, Europe has had a taste for all things American, fueled in part by the exposure we have to US brands on film or TV. The enthusiasm and success rate for US retailers expanding into Europe is mixed, however.
The shopping center sector is permanently evolving according to the visitors’ lifestyle changes and their demands for innovations.
Christmasworld 2017 offers 'Happy New Business': Events and highlights with some top-selling ideas for business and the Premium Business Program with the new Christmasworld Premium Lounge.
Technology is transforming retail to make the shopper’s experience more efficient and innovative. How does authenticity fit into the equation?
re.comm is celebrating its fifth anniversary. Participants can expect to discover a lot of exciting ideas in Kitzbühel from November 23 to 25. re.comm will also again be a marketplace for visions and new perspectives in 2016.
The retail and shopping center market is moving fast. Never before have the industry’s challenges loomed as large as today.
As in 2014, only a few new factory outlets (FOC) opened in Europe in 2015, even though this sales channel is one of the most dynamic in the trade sector.
The Completely Group recently announced the launch of the first European Completely Retail Marketplace, to take place in Amsterdam on September 6, 2016.
Marcus Wild, CEO of SES Spar European Shopping Centers, speaks in an interview with ACROSS about the “marathon of openings” in recent months and tells about the new projects the company is already planning.
“VIVO!” is a supra-regional brand strategy Immofinanz pursues at its shopping centers. The flagship project is VIVO! Stalowa Wola in Poland, which opened almost one year ago.
ACROSS takes a closer look with Toni T. Jörgens of ESP. Design Studios on how storytelling and integrated design processes can be useful to turn shopping centers into engaging customer experiences.
In his interview with ACROSS Peter Pointner, founder and managing director of Gastrobörse, explains the new gastronomy and entertainment concept of the recently extended PlusCity in Austria.
The mixed-use-property Eurovea in Bratislava is being extended. In an interview with ACROSS, an owner Peter Korbačka explains why Eurovea is in urgent need of expansion.
Immofinanz is expanding rapidly in Central and Eastern Europe with its VIVO! shopping centers and STOP SHOP retail parks. In an interview with ACROSS, COO Dietmar Reindl explains the underlying brand strategy.
In my last article, I talked about the need to introduce new operators into our industry, to allow the smaller operators and companies access into the world of shopping centers, and to support them as they grow.
20 years ago, Austrian Klaus Mark founded MK Illumination together with his wife Marie. Half a year later, his twin brother Thomas also joined the company, who remains to be the third partner and shareholder to this day. MK Illumination designs innovative and custom festive lighting, decoration and interactive Worlds for shopping centers on six continents.
MK Illumination has decorated shopping malls for nine years. Klaus and Thomas Mark report among other things in an interview on the growing demands for their concepts.
Brand building is still the exception rather than the rule for retail parks. But that’s changing.
Meeting point, family experience, lifestyle center, wow, more than shopping, dynamism, part of the community. Words, words, words… Believe it or not, all of them talk about leisure, but need to be organized and planned accordingly. How? Let’s discover together.
Why one needs to understand the 12 Ps of marketing the retail property to show a value of one’s activity and help the industry to thrive in the long term.
RETAIL TECHNOLOGY | Gift cards are becoming more and more popular. With a shopping center gift card, consumers are always sure to give the right present. That is why it is also important for malls continuously to adopt to this trend and offer their own individualized gift cards.
The Alexa shopping center in Berlin is celebrating its 10th anniversary in September 2017. That’s reason enough for Sonae Sierra, Union Investment and Alexa to launch an innovative retail casting competition.
The “First Store by Alexa” contest gives wings to new business ideas. Fabian Hellbusch, Head of Marketing at Union Investment Real Estate GmbH, and Jens Horeis, Head of Property Management at Sonae Sierra Germany, tell ACROSS all about it in an interview.
As a member of the “First Store by Alexa” jury, Jens Peter Klatt, Head of Multichannel at Mister Spex, insists the participants must offer a unique customer experience.
It is important for retailers in shopping centers to offer state-of-the art payments. Payment methods and behaviors are changing. Prepaid cards are one of the shopping trends that meet the needs of modern consumers and they are becoming increasingly popular. The concept of gift cards is especially highly rated. For malls, they are a way to ensure customer loyalty by offering their own individualized gift cards. SIX Payment Services has issued its 1 millionth prepaid card and will continue to focus on them.
Spar is entering a new era of price labeling with Umdasch Shopfitting. ESL.inclusive was initiated by Umdasch Shopfitting's newest corporate division, viBIZ—Digital Shopfitting—developed together with Spar and Imagotag. Its first installation was launched in Spar’s store on the campus of the Vienna University of Economics and Business.
According to a report prepared by BNP Paribas Real Estate Poland, over the next couple of years, the outlet center market will see growth in the form of 22,000 sq m of new supply.
Why outlet center operators are increasingly seeking to emancipate themselves from the “factory” image and why large investors now also like to “shop” there.
Zsar Outlet Village is taking shape in the Finnish city of Vaalimaa. The developer EFRE is working on the project with a holiday resort going up nearby.
The Prague Outlet will count 30,000 sq m of GLA. The investor’s stated aim is to develop a premium offering, with light and airy interiors encompassing a host of designer and high street brands.
Ikea Centres and the Mutschler Group signed a joint venture agreement for the development of Designer Outlet Algarve.
Multi recently announced the acquisition by Blackstone Real Estate Partners Europe IV of Palmanova Outlet Village, a 22,000-sq-m, high-quality outlet center located between Trieste and Venice.
Shopping center investors have manifold expectations of their asset managers. Steffen Hofmann, Founder and CEO of iMallinvest Europe, knows all the specifics from his daily work.
German department stores are good investments - if you recognize the development opportunities, that is.
ACROSS EU 2016 Investment News
An important metric used by real estate investors to measure the overall tenancy risks of multi-tenant properties like shopping centers is the Weighted Averaged Unexpired Lease Term.
ACROSS EU 2015 Investment News
The investor carousal is turning. Property companies were the most active investor type in the UK, acquiring 34 shopping centers.
According to a recent report by Cushman & Wakefield, the sales area of European retail parks will increase by 50% more in 2016 than in the previous year. This growth is due mainly to developments in France, Italy, and the UK.
In an interview with ACROSS, Frank McAveety, Leader of Glasgow City Council, explains how the City Center Strategy protects and progresses the retail offer.
The EHI Retail Institute recently presented the German “Shopping Center Report 2016.” It reports that only four new projects will be completed this year. Revitalizations and neighborhoods centers currently prevail.
The annual volume of new Moscow shopping centers will decrease to 460,000 sq m in 2016. Almost 90% of 2016 completions will come from postponed projects.