Cover Story | Feature | Management
The Ten Commandments
Location marketing becomes increasingly important. This is the way to sustainably boost a shopping center’s frequency and revenue....
Cover Story | Feature | Proptech
The Future Began Yesterday
The technological challenges that brick-and-mortar retail faces – a deliberately critical scenario....
Management | Proptech
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....
Feature | Management
How to transform retail properties into brands
Around three years ago, Immofinanz, which operates throughout Europe, decided to market its retail properties under the names Stop Shop and VIVO! Today, 80 Stop Shops provide daily consumer goods for Eastern and Southeas...
Feature | Management
It’s All About Connection
Marketing a location in 2019 is no longer about being the biggest retail space in a region, having a diverse mix of sought-after tenants, and handing out a few flyers. In order to stand out from the crowd, cope with rapi...
Feature | Proptech
“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....
Feature | Food & Beverage / Leisure
Leisure: Surpassing Emotional Expectations
“There is no better marketing strategy than making people feel good.”...
Development | Feature
Innovations in Westfield Hamburg-Überseequartier
Unibail-Rodamco-Westfield Germany is currently cooperating with Hamburg start-ups. In his function as Innovation Manager, Joscha Domdey is responsible for the coordination of activities with such start-ups. The company's...
Proptech
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....
HMSHost will be part of the new Manchester Airport Terminal Winning tender includes five new stores, of 5 to 7-year contracts, with a total contract value of 84 million euro, set to open in 2020. ...
Winning tender includes five new stores, of 5 to 7-year contracts, with a total contract value of 84 million euro, set to open in 2020.
With the arrival of summer, the outlet centre has increased its momentum.
After the successful operation of seven retail parks and neighbourhood centers in Croatia, Poseidon Group continues to expand its Capitol Park network throughout the country.
Better Places 2030 was launched in 2016 and its main objective was to reduce the Group’s carbon emissions by -50% by 2030.
Whilst debate continues about the future of the High Street, research by CACI has revealed the negative impact of closing stores on brands’ online businesses.
The brand mix puts emphasis on local makers and eco-friendly retail.
69th International Retail Summit /// September 5 – 6, 2019 /// Zurich, Switzerland More Retailing, Less Retailers: New Purpose In a New Ecosystem...
"Things are staying the same and changing, all at the same time."
“For example, retailers are able to see the precise assortment structures of their competitors and benchmark them against their own.”
“Inclusivity is the only way to keep shopping centers at the hearts of our communities.”
"Multiple trips to cinemas help familiarize people with the malls into which they are integrated."
“Critics doubt that it really reflects the performance of shopping centers.”
“We have found that people who feel at home and receive genuine attention from attentive staff are prepared to stay longer and spend more. Attention is our secret ingredient for success.”
Unibail-Rodamco-Westfield Germany is currently cooperating with Hamburg start-ups. In his function as Innovation Manager, Joscha Domdey is responsible for the coordination of activities with such start-ups. The company's first partners include e-floater and Wunder Mobility.
Linstow expanded Ülemiste shopping centre by 13,000 sq m of shopping and entertainment space, with most of the additional floorspace taken up by entertainment and food and beverage services.
MPC Properties is currently investing 250 million euros in new development projects, all located in Belgrade, the capital of Serbia: office buildings Ušće Tower Two, Navigator Business Center 2 and BEO Shopping Center, which openings are planned for 2020. These three investments are in total more than 221,000 sq m of GBA.
The Hudson Yards neighborhood officially opened to the public on March 15, 2019, marking a historic moment in the city of New York. +++ Following an investment of 52 million euros, Jardín Plaza Cúcuta opened its doors to the public on February 27, 2019 as the city’s largest shopping center. +++ 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. +++ Set in the heart of Shanghai’s financial district, L+ Mall will be situated close to Shanghai Tower
GranRoma in Italy, StadtGalerie Velbert in Germany, Galeria Mlociny Poland, and Ada Mall in Serbia: Various retail properties across Europe opened within just a few days.
Supernova, the Graz-based real estate investor, has taken over 10 shopping centers comprising more than 120,000 sq m of leasable area from Mercator in Slovenia. The 116.6-million-euro sales agreement was signed in October 2018; on February 13, 2019, ownership was transferred to Supernova. Managing Director Markus Pinggera intends to carry out refurbishment work on all centers.
Location marketing becomes increasingly important. This is the way to sustainably boost a shopping center’s frequency and revenue.
Shopping centers gain their competitive edge with innovative support options that bind customers to them and motivates these customers to return.
Around three years ago, Immofinanz, which operates throughout Europe, decided to market its retail properties under the names Stop Shop and VIVO! Today, 80 Stop Shops provide daily consumer goods for Eastern and Southeastern European consumers.
Marketing a location in 2019 is no longer about being the biggest retail space in a region, having a diverse mix of sought-after tenants, and handing out a few flyers. In order to stand out from the crowd, cope with rapid societal changes and expectations, and drive footfall, retail properties need to offer more than experiences: they need to create opportunities for people to connect. MK Illumination discusses how to forge connections and create a powerful location marketing strategy using light, design, and innovative thinking.
For owners and managers of traditional retail-led assets, one of today’s biggest challenges is maintaining high levels of visitation in a fast changing, more omnichannel world. So, what strategies can we implement that really move the dial on footfall?
Recruitments, promotions and appointments in the European Retail Real Estate Industry.
IMMOFINANZ significantly strengthened its earning power during the 2018 financial year:
Mitiska REIM has recently announced a strategic partnership with Karuzela Holding. Under the terms of the agreement, the two companies will form a joint venture in Poland, and Mitiska REIM’s FRI 2 fund will acquire a 50% holding in two retail parks and two gallerias owned by Karuzela, comprising a total GLA of 35,600 sq m, and both parties will co-develop four additional projects, comprising a total GLA of approximately 60,000 sq m.
Sonae Sierra has acquired a 50% stake in Balmain Asset Management Group’s Central European platform. Balmain has operated for over 15 years in Poland.
KGAL Group is expanding its real estate portfolio in Austria via the acquisition of a contemporary annex to Mühldorf retail park in Feldbach, Styria.
HB Reavis has obtained a syndicated loan in the amount of €175 million for the construction of the Nivy Station project in Bratislava.
In its role as arranger, agent, and security agent, LBBW has secured the long-term financing of the Potsdamer Platz site in Berlin on behalf of Brookfield Properties for EUR 1.1 billion.
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
The Sharing Economy is the internet generation’s latest trend. Bustling online portals like Airbnb and Uber show us every day that there is money to be made by “sharing instead of buying”. At the ICSC European Conference in Barcelona, the concept “Library of Things” shows that the sharing economy can also be an interesting approach for stationary retail.
Deloitte’s latest “Global Powers of Retailing 2019” study has listed the 250 top-selling retail companies for the 22nd time.
The Muji retail chain, which is worth billions, is opening its first branch in Zurich next autumn.
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.
“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 technological challenges that brick-and-mortar retail faces – a deliberately critical scenario.
Shopping centers gain their competitive edge with innovative support options that bind customers to them and motivates these customers to return.
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.
Dutch company Chainels' platform provides the tools that are necessary to reach and engage mall stakeholders.
“Artificial intelligence, for example, already enables the personalization of consumer relations and facilitates fast and efficient vehicle parking.”
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.
“There is no better marketing strategy than making people feel good.”
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.
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.
The redesigning and upgrading of the shopping and experience center in Leipzig/Halle will be carried out at a cost of 40 million euros.
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.
GfK study on key retail indicators: 2018 review and 2019 forecast
Deloitte’s latest “Global Powers of Retailing 2019” study has listed the 250 top-selling retail companies for the 22nd time.
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.
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.
A Physical Presence is Key to Consumer Engagement and Success.
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?”
