Opinion
What are Weekends Made for?
Since the liberalization of opening hours – determined by the “Salva Italia2” decree passed in 2011, during Mario Monti’s legislature – retailers in Italy have been free to open on Sundays and festive days, acc...
Opinion
The Role of the Local Community in Enhancing Retail
In order to survive, shopping centers are beginning to adapt retail, housing cultural, educational, and leisure facilities all under one roof. Since 80% of those visiting malls are Millennials or Gen Z, leisure is a hot ...
Development
An Oskar for Osnabrück
New shopping center projects in Europe have been scarce in recent years. The Unibail-Rodamco-Westfield Group has bucked this trend and is currently developing “Oskar”, an inner-city shopping center in Osnabrück, Ger...
Development | Ticker
Shopping Mall WEZ receives a contemporary revamp by BEHF Architects
Built in the 1970s, the shopping mall WEZ – Das weststeirische Einkaufszentrum in Bärnbach near Graz is an example of the first generation of malls in Austria. ...
Development
“Additional Acquisitions under Consideration”
Dietmar Reindl, COO of IMMOFINANZ, gives an interview regarding the road to becoming Europe's leading retail park operator and the challenge of online retailing”....
Investment | Studies & Reports
RETAIL INVESTMENT: WIDENING GAP BETWEEN EUROPE’S RETAIL MARKETS
The Union Investment index analyses the attractiveness of the top 17 markets....
Retail
Service quality is the measure of the future
The three mega-topics of the European society, “globalization”, “digitization” and “demographic development,” are now known to all. Only the resulting changes for the respective business models are still uncl...
Development
EPERIA in Prešov attracted over 3.5 million visitors in first year
Prešov’s EPERIA Shopping Mall has enjoyed a successful first year. This modern regional shopping center with 21 970 sq m of rentable space in the Sekčov suburb’s retail zone has become the market-leading shopping d...
Unibail-Rodamco-Westfield Germany is Top Employer 2019 The certification is conferred globally to companies for outstanding employee orientation and innovative training programmes. The focus espe...
The certification is conferred globally to companies for outstanding employee orientation and innovative training programmes. The focus especially lies on two talent initiatives of the Group: The in-house Unibail-Rodamco-Westfield Academy, which brings together young talents and experienced executives, as well as the international European Graduate Programme, that gives graduates the chance to gain experience in different business divisions and abroad.
Kati Kivimäki, MBA (45), has been appointed as the Managing Director of Mall of Tripla, the shopping centre that will be opened in Central Pasila in autumn 2019. She will start in the position in the spring.
Cuppedia, an international brand specialising in artisan chocolate and patisserie, is entering the UK market for the first time by opening a retail unit at intu Trafford Centre.
Following the recent opening of ICON Outlet, a 210,000 sq ft premium urban outlet development by AEG and Crosstree Real Estate Partners, The O2 has announced a new wave of restaurants set to open shortly, cementing its position as the best destination for world-class retail, dining and entertainment.
Commerz Real has leased 6,700 sq m of office and retail areas in its Prague office property “Charles Square Center”.
NEINVER, a leading investor, developer and operator in the European outlet centre industry, the market leader in Spain and Poland, has appointed Thomas Delannée as its Leasing Manager for France, where NEINVER operates one outlet centre and is currently developing a new property. He will report to Régine Bogner, NEINVER’s International Leasing Director.
With a growth of 21% in assets managed by Kintyre in 2018, the Frankfurt headquartered investor and asset manager, enjoyed a fourth successive year of growth in excess of 20% and is now pushing the €1.5bn mark for real estate assets under management.
MIPIM, MARCH 12 – 15, 2019, CANNES, FRANCE Over the past 28 years, Mipim has become the leading worldwide property event, bringing real estate professionals from all sectors together....
Since the liberalization of opening hours – determined by the “Salva Italia2” decree passed in 2011, during Mario Monti’s legislature – retailers in Italy have been free to open on Sundays and festive days, according to their own commercial strategies.
In order to survive, shopping centers are beginning to adapt retail, housing cultural, educational, and leisure facilities all under one roof. Since 80% of those visiting malls are Millennials or Gen Z, leisure is a hot topic within retail development.
The Polish real estate segment is changing. What we are seeing, apart from traditional real estate investments in office and retail, is there has been growth in new formats, including mixed-use projects with multifunctional concepts, and a growing potential for small-convenience schemes and retail parks.
Real estate investors both in and out of Germany rely on specialist retailers and specialist retail parks: They offer constant pulling power, stable revenues, and solid customer footfall – all of which require clearly positioned product and sector concepts, which signal to investors that their investment is both solid and sustainable.
Outlet Centers are still a niche market in the international retail real estate business and an asset class of its own. Today, there are more than 200 outlet centers spread over Europe but there are significant differences regarding the degree of saturation and maturity levels.
People say that predictions are hard, especially when they have to be made about the future. Be that as it may, ACROSS asked leading industry-players what to expect from the coming twelve months.
New shopping center projects in Europe have been scarce in recent years. The Unibail-Rodamco-Westfield Group has bucked this trend and is currently developing “Oskar”, an inner-city shopping center in Osnabrück, Germany.
Built in the 1970s, the shopping mall WEZ – Das weststeirische Einkaufszentrum in Bärnbach near Graz is an example of the first generation of malls in Austria.
Dietmar Reindl, COO of IMMOFINANZ, gives an interview regarding the road to becoming Europe's leading retail park operator and the challenge of online retailing”.
Following its completion just a few months ago, Soravia is expanding its Retail Park Liptovský Mikuláš location in Slovakia. The potential for exciting fashion concepts is tremendous.
Neinver continues to strengthen its position around Europe with two new projects in Amsterdam and the French Alps region.
East Finland Real Estate recently celebrated the opening of Zsar Outlet Village in Vaalimaa, Finland.
Germany's first multi-label parcel shop opened in Hamburg's City Center Bergedorf.
Unibail-Rodamco-Westfield and Toolbox Group jointly developed Mallcomm, the retail community operations and engagement platform.
It is located inside ONE Salonica, an outlet mall in Thessaloniki, which stands to benefit from the new entertainment offering.
The modern mall has changed beyond all recognition – and necessarily so. Physical malls increasingly reflect the evolving needs of consumers and the accelerating pace of contemporary life. What was fast has become faster. At every turn, technology plays a role. The retail industry has unlocked online sales channels, which complement a brick-and-mortar approach, rather than simply competing with physical stores.
The debut of Air Haus at the mall in Sheffield reflects the increasing relevance of leisure facilities in shopping centers.
A new food and entertainment complex has recently opened at Parndorf in Burgenland, one of the most successful outlet locations in Europe. Centerprise Group, based in Austria, was jointly responsible for the conceptual design and letting of the complex.
The Union Investment index analyses the attractiveness of the top 17 markets.
The reason is the competition from online retail. Residential and logistics assets, in return, will be increased.
VIA Outlets is continuing the transformation of its portfolio across Europe. An expansion and remodeling program of €29 million, focusing on three outlets in Sweden, Spain, and Poland, began last autumn to help increase the overall guest experience and better position the outlets as premium shopping destinations across Europe.
Ingka Centres, formerly IKEA Centres, unveils a major new strategic vision that will see it invest €5.8 bn over the next three years – and sets off for the Indian subcontinent.
Helaba finances Atrium European Real Estate’s purchase of Wars Sawa Junior for EUR 170 million. The shopping center, located in the Polish capital, comprises 26,000 sq m of retail space.
A self-made man who set out to form a European format omnichannel provider.
The three mega-topics of the European society, “globalization”, “digitization” and “demographic development,” are now known to all. Only the resulting changes for the respective business models are still unclear in many places.
For the first time in five years, Hong Kong’s Causeway Bay has replaced New York’s Upper 5th Avenue as the world’s most expensive retail street by rental value, according to data from Cushman & Wakefield.
A study conducted by EHI and Statista examines the e-commerce markets in Austria and Switzerland.
Gastronomy areas are increasingly becoming the focal points of shopping centers. Virtual reality software makes planning much easier.
Extraordinary worlds of experience in the areas of lifestyle retail, food retail, and premium retail, including digital retail solutions, are designed for discerning customers by the Austrian company. It will be represented in Cannes from November 14 to 16, 2018.
The basic concept of shopping will not significantly change, forecasts Silvio Kirchmair, CEO of umdasch The Store Makers. However, he does anticipate legal intervention. Google, Facebook, and Amazon will all be required to pay their financial obligations to the State.
Unibail-Rodamco-Westfield and Toolbox Group jointly developed Mallcomm, the retail community operations and engagement platform.
One of the most important aspects of the advancement of technology is how it has unlocked massive potential by transforming the way we communicate. In our daily lives, we now have at our fingertips instant ways to access important information, engage with people and brands that matter, and stay safe and informed.
The basic concept of shopping will not significantly change, forecasts Silvio Kirchmair, CEO of umdasch The Store Makers. However, he does anticipate legal intervention. Google, Facebook, and Amazon will all be required to pay their financial obligations to the State.
How Big Data, mobile devices and social media revolutionize traditional customer retention management.
Audience recognition cameras in intu Victoria Centre in Nottingham will ensure that customers receive personalized content.
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.
It is located inside ONE Salonica, an outlet mall in Thessaloniki, which stands to benefit from the new entertainment offering.
For years, malls in the United Arab Emirates have been surpassing each other with endlessly new, breathtaking attractions: With features such as ice rinks in the middle of the desert, aquariums, and roller coasters or an entire VR world, shopping has long since become an experience in this region.
The modern mall has changed beyond all recognition – and necessarily so. Physical malls increasingly reflect the evolving needs of consumers and the accelerating pace of contemporary life. What was fast has become faster. At every turn, technology plays a role. The retail industry has unlocked online sales channels, which complement a brick-and-mortar approach, rather than simply competing with physical stores.
ECE LEISURE SPECIAL
In mid-March, Cineplexx opened a multiplex movie theater with five screens and over 800 seats in Parndorf, Burgenland. Immediate neighbors include McArthurGlen's Designer Outlet Parndorf and FOP Management GmbH's Parndorf Fashion Outlet.
The Union Investment index analyses the attractiveness of the top 17 markets.
Recruitments, promotions and appointments in the European Retail Real Estate Industry.
Recruitments, promotions and appointments in the European Retail Real Estate Industry.
Good accessibility is one of the main criteria for the success of a center. There is a lot of catching up to do in the digital sector.
Knight Frank recently published the “Retail Market Report Moscow H1 2018”. The most important event was the commissioning of “Kashirskaya Plaza”, which opened with a high occupancy rate – not only by area but also by number of stores.
The new Union Investment index analyzes the attractiveness of the top 17 markets.
