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ACROSS
Europe’s Grocery Retail Market Remains Hopeful In The Face Of Low Volume Growth
In 2025, the recovery of Europe’s grocery retail market is expected to gain momentum. CEOs in Europe are slightly more optimistic than they were last year despite the next few years remaining challenging, with low volume growth and sustained pressure on profitability.
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FIVE TRAVEL RETAIL TRENDS SHAPING TOMORROW’S AIRPORTS
By 2035, Gen Y will account for the largest share of global spending on air travel, which is why travel retail must do everything it can to remain relevant to this target group. What does retail have to look like at tomorrow’s airports in order to counteract existing developments? This question is at the core of the latest insight by shopfitting expert umdasch The Store Makers.
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NEINVER Brings New brands And Expanded Stores To Its Polish Portfolio
FACTORY outlet centers across Poland, operated by NEINVER, are gaining momentum with new store openings and significant expansions from long-standing retail partners. The latest updates to the brand portfolio, totaling nearly 2,200 sq m of added retail space, underscore outlet retail’s growing appeal.
» READ MORE
Main-Taunus-Zentrum In Germany Opens New Food Garden
The Main-Taunus-Zentrum welcomes another attraction: a new “Food Garden” opened in the shopping center in Sulzbach near Frankfurt am Main, planned and fully let after a construction period of around 15 months.
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SPECIAL ISSUE “EUROPEAN OUTLET UPDATE MARCH 2025”
We present our Online Special “European Outlet Update March 2025”.
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Data exchange in the placemaking industry: Is data-sharing equal to data-caring?
The exchange of data puts the tenant-landlord relationship to the test. While the advantages of data sharing are obvious, tenants in particular find it difficult to share relevant data. The main reason for this is a lack of trust in how this data is used.
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DEVELOPMENT

PROJECTS, TRENDS AND STRATEGIES

Las Rozas The Style Outlets facade design. /// credit: NEINVER

NEINVER Begins Refurbishment Of Las Rozas The Style Outlets

NEINVER has begun the refurbishment of Las Rozas The Style Outlets, a landmark retail outlet center to the northwest of Madrid, owned by Neptune, a joint venture between NEINVER and TIAA, Nuveen’s parent company. The 3-million-euro renovation project will update the center inside and out, transforming it into a more modern and inviting space while remaining true to its trailblazing spirit as Spain’s first outlet center, established 29 years ago.

Opening Westfield Hamburg Überseequartier / credit: URW

A new meeting place for the people of Hamburg: Grand Opening of Westfield Hamburg

The time has finally come: the new giant shopping mall Westfield Hamburg Überseequartier has opened. The Mayor of Hamburg Peter Tschentscher, URW CEO Jean-Marie Tritant and Theda Juliane Mustroph, General Manager of Westfield Hamburg-Überseequartier, symbolically cut the ribbon. With the 100,000 sq m mall and a promising gastronomy and entertainment concept, URW wants to set new standards in Hamburg.

Aerial view of Designer Outlet Krakow, March 2025. /// credit: ROS Retail Outlet Shopping

Designer Outlet Kraków Is Opening In May

Designer Outlet Kraków is set to open its doors in May 2025, bringing an elevated outlet shopping experience to one of Poland’s most vibrant and fast-growing regions. Strategically located to serve both the city of Kraków and the entire Lesser Poland area, this new destination promises exceptional style, value and convenience—all under one roof.

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MANAGEMENT

LATEST TRENDS IN ASSET AND CENTER MANAGEMENT

Martin Brühl /// credit: Union Investment

Martin Brühl Leaves Union Investment

After a successful and dedicated period as Chief Investment Officer, Martin Brühl resigned from his position at Union Investment Real Estate GmbH on April 4, 2025.

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OUTLETS

DEVELOPMENTS AND TRENDS IN THE OUTLET INDUSTRY

Factory Kraków, Poland. /// credit: NEINVER

NEINVER Brings New brands And Expanded Stores To Its Polish Portfolio

FACTORY outlet centers across Poland, operated by NEINVER, are gaining momentum with new store openings and significant expansions from long-standing retail partners. The latest updates to the brand portfolio, totaling nearly 2,200 sq m of added retail space, underscore outlet retail’s growing appeal and NEINVER’s commitment to supporting brand growth.

Las Rozas The Style Outlets facade design. /// credit: NEINVER

NEINVER Begins Refurbishment Of Las Rozas The Style Outlets

NEINVER has begun the refurbishment of Las Rozas The Style Outlets, a landmark retail outlet center to the northwest of Madrid, owned by Neptune, a joint venture between NEINVER and TIAA, Nuveen’s parent company. The 3-million-euro renovation project will update the center inside and out, transforming it into a more modern and inviting space while remaining true to its trailblazing spirit as Spain’s first outlet center, established 29 years ago.

Aerial view of Designer Outlet Krakow, March 2025. /// credit: ROS Retail Outlet Shopping

Designer Outlet Kraków Is Opening In May

Designer Outlet Kraków is set to open its doors in May 2025, bringing an elevated outlet shopping experience to one of Poland’s most vibrant and fast-growing regions. Strategically located to serve both the city of Kraków and the entire Lesser Poland area, this new destination promises exceptional style, value and convenience—all under one roof.

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RETAIL

STRATEGIES OF RETAILERS

credit: Kaufland

Kaufland Marketplace Expands To France and Italy

Kaufland Marketplace is continuing its international growth course and further establishes itself as one of the largest international e-commerce providers with its expansion into France and Italy. Both marketplaces are scheduled to go live in late summer.

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FOOD & BEVERAGE / LEISURE

LATEST TRENDS

New Food Garden at Main-Taunus-Zentrum in Sulzbach, Germany. /// credit: ECE Marketplaces

Main-Taunus-Zentrum In Germany Opens New Food Garden

The Main-Taunus-Zentrum welcomes another attraction: a new “Food Garden” opened in the shopping center in Sulzbach near Frankfurt am Main, planned and fully let after a construction period of around 15 months.

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PROPTECH

RETAIL TECHNOLOGY

Gift Card Solution: “Faster Processes, Less Administration and Greater Value”

SmartGifty is a web-based gift card management solution for shopping centers and retailers. Through the solution companies can analyze a number of statistics to plan effective marketing activities and have control over the gift card stock. MASS is a prominent Slovenian client of SmartGifty. By implementing the solution the shoe retailer gained growth especially in its online channel.

Discussion panel “How PropTech is Powering Sustainability“ at NREF 2025. /// credit: NREF

Nordic Real Estate Forum 2025 Explores Technology-Driven Sustainability Solutions

The Nordic Real Estate Forum 2025, held March 20 in Tallinn under the theme “New Normal in Real Estate,” examined the critical intersection of technology and sustainability in commercial real estate. Key discussions revolved around geopolitical uncertainties, infl ation, and shifting investment strategies, but one theme stood out across panels: technology’s role in enabling ESG compliance and operational efficiency.

credit: SmartGifty

Gift cards and data: How retailers can use analytics to drive sales

Gift cards offer more than just convenience for customers—they are a treasure trove of data for retailers. By analyzing gift card purchases and redemptions, retailers can gain valuable insights into customer behavior, preferences, and purchasing patterns, which can then be used to optimize sales strategies and drive business growth.

The rebrand to Kinexio is a mark of the transformation that Mallcomm has undergone over the last 12 years. /// credit: Kinexio

Mallcomm Unveils Dynamic Rebrand To Reflect Growth And Product Innovation

Mallcomm, has announced its completed rebrand to Kinexio, including a new name, logo and brand identity. The rebrand is a mark of the transformation that Mallcomm has undergone over the last 12 years, as the business has grown from a leading retail communications tool, to become a global enterprise software solution for commercial property management.

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INVESTMENT

PLANS OF INVESTORS AND OWNERS

BIG CEE has signed a financing agreement with the European Bank for Reconstruction and Development (EBRD) worth 100 million euros. /// credit: Sale Jančević

BIG CEE And EBRD Sign A New Financing Package For Five Centers

BIG CEE has signed a financing agreement with the European Bank for Reconstruction and Development (EBRD) worth 100 million euros. BIG CEE will use the funds for its development in the Balkans to build three new retail parks in Serbia, further expanding its network. In addition, part of the funds will be allocated to refinancing two existing retail parks.

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EVENTS

WHERE THE INDUSTRY MEETS

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