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Trei Increases Development Volume by a Third, up to 900 Million Euros Trei Real Estate GmbH successfully continued to expand its business in 2019. ...

Trei Increases Development Volume by a Third, up to 900 Million Euros

Trei Real Estate GmbH successfully continued to expand its business in 2019.

NEINVER continues its renovation of Getafe The Style Outlets and confirms the addition of 10 new brands

NEINVER is making progress in renovating its Getafe The Style Outlets centre near Madrid, as part of the company’s strategy of growing its strongest centres and enhancing their value.

Smart Buildings Challenge: ECE implementing innovative solutions for smart shopping centers

ECE is working with start-ups to help make properties smarter as part of the “Smart Buildings Challenge” which the company is carrying out together with its partners Bosch, Microsoft, TÜV Süd, and Deka Immobilien.

Staging connects: The umdasch world of experience at the EuroShop 2020

umdasch The Store Makers are presenting new perspectives for the retail sector of the future on a fair stand extending over 900 square metres at the EuroShop in Düsseldorf from 16–20 February 2020. In an integral tour of all sectors of retailing visitors can experience multimedia ideas, unusual materials and countless opportunities for profitable measures at the point of sale.

Southern Spain’s first designer outlet opens in Málaga

On February 13, the eagerly anticipated McArthurGlen Designer Outlet Málaga opened to the public. The first of its kind in the south of Spain, the new designer outlet offers both local and international visitors an extraordinary shopping experience, combining fashion, culture and entertainment, all in a beautiful setting with savings of up to 70%.

Sheremetyevo Duty Free opens luxury market place in new Terminal C

In the new Terminal C of Moscow’s Sheremetyevo Airport, Sheremetyevo Duty Free – a joint venture between the airport, Gebr. Heinemann and Greenway – launched its luxury market place with the opening of two multi-brand stores in the categories Fashion & Accessories as well as Watches & Jewellery (FAWJ).

Sainsbury’s unveils new ‘On the Go’ city convenience stores

First ‘On the Go’ store in London’s Square Mile caters for busy workers.

Events
Opinion MORE

The Stone Age is over

“Placemaking is key – and more challenging than it seems.”

Why making is so important for place

“We should not be haunted by digitalization and rather than think hard what makes our projects special.”

… and Then Public Spaces within Buildings

“Online neighborhood and event-centric groups and forums have provided suitable non-physical spaces for public discussions – sometimes referred to as urban acupuncture.”

2020 in Cinema: Movies at Their Best

“Digital signage should not begin in cinema foyers. It must be an integral part of the entire information and marketing presence of all malls.”

20 + 20 = 40 – Millennials Dominate

“Retail schemes must offer all alternatives, pedestrian paths, bicycle lanes and shelters, bus stops, metro stations, if applicable, and taxis (booths). Barriers and fences should be removed.”

Key trends for the retail real estate industry in 2020

“Co-working spaces, medical centers and kindergartens will also increasingly find their ways into malls, thereby shaking up tenant mixes.”

Development MORE

“We Intend to Expand Our Portfolio”

Yurdaer Kahraman, CEO and Board Member of FİBA Commercial Properties and Member of the ACROSS Advisory Board, receives three to four purchase offers each month. He meticulously evaluates each offers.

Shop below, live above

Trei Real Estate recently celebrated its first topping-out ceremony for overbuild, a single-story supermarket in Berlin. Overbuilding measures for retail properties are generally on the rise.

A village for the world

The small Austrian village of Parndorf is known all over the world, from the UK to China. The outlet location’s rapid development staggers Parndorf’s residents and consumers alike. But what will the future hold?

Projects & Openings International

Set to open in August 2020, Line Investments & Property LLC has introduced Forsan Central Mall as an all-in-one shopping, dining, and entertainment destination designed around the concept of a bamboo forest that features a relaxing “garden in the city” ambience +++ The official opening of American Dream in East Rutherford, New Jersey took place on October 25, 2019 +++ The Marrakchi style of living is due to be celebrated via the opening of M Avenue: In the heart of the city, a new space for immersive and multi-sensory experiences will be created. A 500-meter open-air shopping area will be comprised of more than 120 stores

Projects & Openings Europe

October 17, 2019 marked the opening of YIT’s major project, which is comprised of Mall of Tripla +++ Commercial center Promenada Sibiu, owned by investment fund Nepi Rockcastle, opened its doors on November 14, 2019 +++ On November 28, 2019, Klépierre inaugurated the extension of Créteil Soleil in Créteil in the Ile-de-France region +++ Hamburg’s redos Group and Münster’s project developer HLG recently submitted their first building application for the revitalization of the Rhein-Ruhr Zentrum (RRZ) in Mühlheim an der Ruhr +++ At the end of October 2019, Immobiliare Grande Distribuzione SIIQ S.p.A. (IGD) opened a restyled mall in the Casilino in Rome

Moscow’s new playground

Dream Island will be Russia's first, and Europe’s largest, indoor theme park, with the first phase scheduled to open in the first quarter of 2020. Architects Chapman Taylor developed the masterplan for this project.

Management MORE

A Better Understanding of the Customer Courtesy of Big Data

HyperIn helps tenants report their sales automatically, emphasizes CEO Markus Porvari. The figures are combined with consumer analytics from mall websites, social media, and mobile loyalty applications, then enriched by leasing contract information. This comprises fundamental data that center management needs to understand in order to increase sales.

About REBOOT 2020

Time to start over: The German Council of Shopping Places (GCSC) kicked off the new year in an unusual way with REBOOT in Berlin, an event that included many refreshing innovations as well as interesting talks and workshops. Approximately 400 participants came to the legendary KOSMOS for this occasion.

People in the European Retail Real Estate Industry

Recruitments, promotions and appointments in the European Retail Real Estate Industry.

Outlook 2020

The retail real estate industry is looking toward 2020 with cautious optimism. Uncertainties remain, however.

E-Mobility and Retail Real Estate – A New Match Made in Heaven?

The opportunities offered by e-charging infrastructure encompass a wider range of aspects than one might think.

Marketing during the Construction Phase: Seeing a Challenge as an Opportunity

Union Investment, owner of Hamburg’s Quarree Wandsbek, is investing roughly 40 million euros in the refurbishment of the mall. Extensive construction work is scheduled to be completed by the end of 2020, which, inevitably, will have an impact on ongoing operations. What types of marketing measures can be used to counteract the possible drop in footfall and the corresponding drop in turnover? Center Manager Frank Klüter, from Sierra Germany GmbH, and Britta Finke, from lead agency 21Media, explain the situation.

Investment MORE

Upgrading the existing portfolio

Ingka Centres’ €7.3 billion investment to transform its business remains on track – with particular emphasis on sustainability and innovation.

Investment News

Allianz Real Estate Refinances a 300-million-euro Acquisition +++ Investment in Hallplatz-Galerie in Zweibrücken +++ Investika purchased Galerie Butovice

“Shopping center yields have reached levels of 6.75 to 7.25% in Bucharest”

The most active real estate investors in Romania came from Europe – up until 10 years ago. Today, investors from South Africa and Singapore play a vital role, says Liviu Tudor, Founder and President of the Romanian Association of Building Owners (Rabo).

Union Investment Special: Retail Parks

Hidden Stars: Why retail parks become increasingly popular among investors, developers, and customers.

“We see ourselves as an active asset manager”

Union Investment currently counts 13 retail parks in its portfolio. Henrike Waldburg, Head of Investment Management Retail, and Roman Müller, Investment Manager Retail, explain how they manage their performance.

Retail Parks in Germany and Austria

Selected projects from the portfolio of Union Investment.

Retail MORE

Bringing Local Flavors to the Plate

The perks of traveling: enjoying the tastes of your holiday destination, and, upon return, devouring your favorite dishes from home at the airport. HMSHost International currently operates in 19 countries around the globe. Although our company has an international scope, we have never lost sight of local culture and cuisine, which has allowed us to think globally and act locally. As a result, alongside leading international brands, local concepts and restaurants can be found at the airports, shopping centers, and train stations in which we operate.

Retail News

Premiere in Bratislava +++ Cano in Singen–90 percent leased already +++ Distrikt Nørrebro to open flagship store in Forum Rotterdam +++ Online retail is on the rise internationally

New impulses for the “customer journey”

From January 24 to 28, 2020, Christmasworld is focusing its product range on the success factor customer-experience at the point of sale. Together with the Institute for Retail Research in Cologne, the Retail Boulevard (BLVD) 2020 will focus on the 'customer journey' by illustrating the steps towards the purchasing impulse and good customer relationships in different stores.

Barcelona Cruise Port Terminals A & B Redesigned

After the opening of several Duty Frees at various airports worldwide, umdasch has expanded its reach to more cruise ports via Barcelona Cruise Port Terminals A & B. Work on the redesign has recently been completed.

News from Harrods Dining Hall

umdasch has unveiled the next phase of the Knightsbridge store renovation.

Online Retail or Stationary Retail: Neither One Can Live without the Other

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

Proptech MORE

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 stocked based on items that were trending in real time across social media.

Alexa Responds at Romaest

A Rome-based shopping center has become the first in Italy to install Amazon's cloud-based voice service.

The Future Began Yesterday

The technological challenges that brick-and-mortar retail faces – a deliberately critical scenario.

Always at your service!

Shopping centers gain their competitive edge with innovative support options that bind customers to them and motivates these customers to return.

“Every decision maker in the industry is interested in speaking with us”

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.

Everyone Needs to Be Aware of What is Happening, When, and Why

Dutch company Chainels' platform provides the tools that are necessary to reach and engage mall stakeholders.

Food & Beverage / Leisure MORE

Bringing Local Flavors to the Plate

The perks of traveling: enjoying the tastes of your holiday destination, and, upon return, devouring your favorite dishes from home at the airport. HMSHost International currently operates in 19 countries around the globe. Although our company has an international scope, we have never lost sight of local culture and cuisine, which has allowed us to think globally and act locally. As a result, alongside leading international brands, local concepts and restaurants can be found at the airports, shopping centers, and train stations in which we operate.

Listen to the people, it’s music!

The game has changed for a variety of real estate developments.

Leisure: Surpassing Emotional Expectations

“There is no better marketing strategy than making people feel good.”

TRECK: the new high-speed food brand at Dutch stations

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.

LONDON ON THE MENU FOR INTERNATIONAL FOOD AND BEVERAGE OPERATORS

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.

ECE Modernizes Nova Eventis

The redesigning and upgrading of the shopping and experience center in Leipzig/Halle will be carried out at a cost of 40 million euros.

Studies & Reports MORE

Global Retail Attractiveness Index Fourth Quarter 2019

Union Investment’s Global Retail Attractiveness Index measures the attractiveness of retail markets across a total of 20 countries in Europe, North America and the Asia-Pacific region. GRAI was developed by Union Investment, GfK and Across.

A Look at Zagreb and Central Northern Croatia

Zagreb’s city center shopping malls need to be transformed into the pseudo living rooms of the Croatian capital. Conversely, shopping centers located on the outskirts of Zagreb have to be developed into supraregional shopping and entertainment destinations.

Global Retail Attractiveness Index Second Quarter 2019

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.

European Retail in 2019

GfK study on key retail indicators: 2018 review and 2019 forecast

Study from Deloitte | Global Powers of Retailing 2019

Deloitte’s latest “Global Powers of Retailing 2019” study has listed the 250 top-selling retail companies for the 22nd time.

PWC: Customers Want Better Retail Service

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.