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Development agreement secures £30m regeneration of Princess Square and creation of The Deck in Bracknell The next major milestone in Bracknell town centre’s regeneration has been secured with the signing of a legal agreement between Bracknell ...

Development agreement secures £30m regeneration of Princess Square and creation of The Deck in Bracknell

The next major milestone in Bracknell town centre’s regeneration has been secured with the signing of a legal agreement between Bracknell Forest Council and its development partner, Bracknell Regeneration Partnership (BRP) – a 50/50 joint venture between Schroders UK Real Estate Fund and Legal & General Capital.

Nathalie Lohaus is new Head of Commercial Partnerships at Unibail-Rodamco-Westfield Germany

Nathalie Lohaus took over the position as Head of Commercial Partnerships at Unibail-Rodamco-Westfield Germany in March 2019. Her activities focus on mall retail in the form of pop-up shops, kiosks and promotions, the creation of brand experiences through events and cooperations as well as the management of media campaigns on digital and static advertising spaces. Previously, she worked for the company as Deputy Head of Shopping Center Management as well as Center Manager at Ruhr Park Bochum.

Equilis Europe is continuing with its expansion in Europe

Equilis Europe: 7 countries (Belgium, France, Spain/Portugal, The Netherlands, Poland, The GD of Luxembourg) - 1 headquarter. Retail development: 300,000 sq m built (retail+others) and 174,000 sq m under development/construction.

JURASSIC INVASION – LIVERPOOL ONE TO LAUNCH THE CITY’S FIRST AUGMENTED REALITY CONCEPT

Liverpool ONE will be transported back millions of years – via the latest technology – when an augmented dinosaur hunt launches on 29 March for ten weeks.

Quadoro Acquires Mixed-Use Building in Finland

As the portfolio manager for the open-ended special AIF Vontobel Sustainable Real Estate Europe, Quadoro Doric has acquired the office and commercial building “Marble” in a central downtown location in the Finnish city of Turku. Turku is the sixth largest city in Finland with a population of around 190,000. This is the AIF‘s second purchase in Finland.

Grand Central to debut first Herman Ze German site outside of London

Popular German eatery Herman Ze German is to open its first UK site outside of London at Grand Central, Birmingham. Due to open on April 1st 2019, the brand will be located next to Tortilla within Birmingham’s iconic Bullring Estate, which comprises Bullring & Grand Central, and Link Street.

THE SOFA AND CHAIR COMPANY TAKES A SEAT ON THE KING’S ROAD

Sloane Stanley has announced that luxury sofa and bespoke furniture specialists, The Sofa & Chair Company, has opened an exclusive pop-up at 320 King’s Road. The pop-up calls upon established retail partners, from the King’s Road, to create new bespoke showrooms for visitors.

Events

11TH GERMAN RETAIL REAL ESTATE SUMMIT, MARCH 20 – 21, 2019, DÜSSELDORF, GERMANY Boosted by a positive outlook among both consumers and retailers, the retail markets are optimistic. Most expansion managers have forecast i...

Opinion MORE

Transforming Shopping Centers into Omnichannel Platforms

Currently, studies say that more than 50% of all purchases at brick-and-mortar stores are prepared online in advance.

The Value of PropTech in Property Management and Retailer Engagement

With 2019 heralded as the coming-of-age for PropTech, owners and managers of real estate are under increasing pressure to understand the value of technology when making key tech investment decisions.

STEP AWAY FROM THE DESK: WHY ATTENDING A CONFERENCE IS MORE IMPORTANT THAN EVER

In a time-poor working week, we may find ourselves wondering how we can justify the expense and time away from the office that inevitably come with attending industry events. ICSC Europe Managing Director, Bill Kistler, interviews leading consumer behaviouralist, Ken Hughes, to ask “Are conferences really worth it?”

ADVOCACY IN THE EU – WHY IT MATTERS

An important judgement clarifying European rules on retail establishment; a very strict EU data protection regime; a binding number of charging points for e-vehicles for buildings with more than 10 parking spaces. These are a few examples of important, new rules for the retail property industry adopted by the EU in recent years — and together, they’re a good example of why European policymaking is increasingly important for our sector.

The good old days

The department store is in crisis. European department store chains close one store after the other. If the format wants to survive it needs to reinvent itself completely.

Offering a shopping experience worth travelling for

It was only five years ago that VIA Outlets was launched. In an interview with ACROSS, COO Otto Ambagtsheer talks about consolidating the current portfolio of 11 assets, expanding the Fashion Club loyalty program, and debuting hot local brands like BALR. and Nikkie.

Development MORE

Minsk As a Virtual Trailblazer

The largest virtual amusement park to date has recently opened at a shopping center in the Belarusian capital. Tourists also make up part of the target group.

PROJECTS & OPENINGS INTERNATIONAL

MVRDV’s plan for the Taipei Twin Towers has been selected to revitalize the central station area of Taiwan’s Capital. +++ Thor Equities Group has secured long-term leases at The Landmark Guadalajara in Mexico. +++ The Well is an ambitious mixed-use endeavor in Canada, located in the heart of Toronto’s West End. +++ TCC Assets Co., Ltd. and Frasers Property Limited jointly intend to develop 16.7 hectares, in the heart of Bangkok, into a “must-visit” destination city district.

The good old days

The department store is in crisis. European department store chains close one store after the other. If the format wants to survive it needs to reinvent itself completely.

Offering a shopping experience worth travelling for

It was only five years ago that VIA Outlets was launched. In an interview with ACROSS, COO Otto Ambagtsheer talks about consolidating the current portfolio of 11 assets, expanding the Fashion Club loyalty program, and debuting hot local brands like BALR. and Nikkie.

Silesia Outlet Managed by Neinver | 6B47 as Investor

Neinver has announced that it has taken over the management of Silesia Outlet located in Silesia, Poland. The outlet center is currently being developed in the city of Gliwice. The investor is 6B47.

Projects & Openings Europe

Birmingham City Council has recently announced Lendlease as its development partner to deliver the transformation of the 17-hectare Birmingham Smithfield site.

Management MORE

PEOPLE IN THE EUROPEAN RETAIL REAL ESTATE INDUSTRY

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

It’s Not about Shopping Center Marketing. It’s about Product Marketing.

Marketing as a decisive success factor has increasingly become a focal point of center management. However, what are the key factors for successful marketing? Elke Haeffner, Center Manager of Fünf Höfe in Munich of B&L Property Management GmbH, and Sebastian Guth, Managing Director of their lead agency 21Media, discussed this issue with ACROSS.

Ecological Use of Roof Areas

Unibail-Rodamco-Westfield has opened its first urban farm on top of So Ouest in France. The products are sold directly to customers, inside a dedicated pop-up store within the shopping center.

BILL KISTLER JOINS ACROSS ADVISORY BOARD

The ACROSS Advisory Board is happy to announce its latest addition and welcomes Bill Kistler as its new member.

Shopping center–risk in store?

The tenants’ involvement in security management in malls is crucial, says Erik Engstrand, CEO of Safe ShoppingCenters. Retailers play a very important part in everything from risk mitigation in their operations to emergency response.

Silesia Outlet Managed by Neinver | 6B47 as Investor

Neinver has announced that it has taken over the management of Silesia Outlet located in Silesia, Poland. The outlet center is currently being developed in the city of Gliwice. The investor is 6B47.

Investment MORE

Peter Korbačka in a Purchasing State of Mind

Last year, City Aréna in Trnava, Slovakia, became the property of real estate developer Peter Korbačka. He and Sonae Sierra have recently signed a joint venture agreement to acquire three shopping centers in Spain for a total of EUR 485 million.

The Key Question for Future-proof Shopping Destinations: Are We Really Relevant?

In this interview, Steffen Hofmann and Klaus Mennickheim, Managing Partners of iMallinvest Europe GmbH, share their profound views on current trends in the German retail real estate market with ACROSS.

RETAIL INVESTMENT: WIDENING GAP BETWEEN EUROPE’S RETAIL MARKETS

The Union Investment index analyses the attractiveness of the top 17 markets.

Union Investment reduces the retail share of immofonds 1

The reason is the competition from online retail. Residential and logistics assets, in return, will be increased.

News in Sweden, Spain and Poland – VIA Outlets Develops Portfolio

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.

Entering India

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.

Retail MORE

Good Mood and Exciting Perspective

“The complete focus on the customer, with his ideas and wishes regarding shopping, has progressively become the benchmark for tailormade developments.” By Christine Hager.

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 topic within retail development.

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 unclear in many places.

Hong Kong’s Causeway is world’s most expensive retail street

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.

Online Retailing in Alpine Countries: Further up the Mountain

A study conducted by EHI and Statista examines the e-commerce markets in Austria and Switzerland.

Virtual Reality at the Service of Food Court Investment

Gastronomy areas are increasingly becoming the focal points of shopping centers. Virtual reality software makes planning much easier.

Proptech MORE

The Value of PropTech in Property Management and Retailer Engagement

With 2019 heralded as the coming-of-age for PropTech, owners and managers of real estate are under increasing pressure to understand the value of technology when making key tech investment decisions.

Which e-commerce? How malls can morph into tech businesses, too

Opinions tend to be very much divided when it comes to the big e-commerce players.

Collaborative innovation success

Unibail-Rodamco-Westfield and Toolbox Group jointly developed Mallcomm, the retail community operations and engagement platform.

Technology: Delivering Competitive Edge and Increasing NOI

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.

“Technology for the Sake of Technology Is Fruitless”

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.

Do you know your customers?

How Big Data, mobile devices and social media revolutionize traditional customer retention management.

Food & Beverage / Leisure MORE

Basingstoke’s food and beverage appeal expands with arrival of new dining choices to Festival Place

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.

Cineplexx Opens First IMAX Cinema in Greece

It is located inside ONE Salonica, an outlet mall in Thessaloniki, which stands to benefit from the new entertainment offering.

Taking the Plunge: From Shopping Mall to Entertainment Center

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.

Services and Leisure Take Center Stage

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.

We ❤ Leisure

ECE LEISURE SPECIAL

Entertainment for outlet shoppers

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.

Studies & Reports MORE

Taking a closer look at the retail market of a relatively young capital

The ultimately 382-meters high “Abu Dhabi Plaza” in Astana is about to become the highest building in Central Asia. It also accommodates a shopping center, among many other things.

BRICKS DRIVE CLICKS

A Physical Presence is Key to Consumer Engagement and Success.

STEP AWAY FROM THE DESK: WHY ATTENDING A CONFERENCE IS MORE IMPORTANT THAN EVER

In a time-poor working week, we may find ourselves wondering how we can justify the expense and time away from the office that inevitably come with attending industry events. ICSC Europe Managing Director, Bill Kistler, interviews leading consumer behaviouralist, Ken Hughes, to ask “Are conferences really worth it?”

Market movements in Luxembourg

There will be two new retail properties in the Grand Duchy, as Cloche d’Or and Royal-Hamilius will be opening there this year.

RETAIL INVESTMENT: WIDENING GAP BETWEEN EUROPE’S RETAIL MARKETS

The Union Investment index analyses the attractiveness of the top 17 markets.

PEOPLE IN THE EUROPEAN RETAIL REAL ESTATE INDUSTRY

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