Land Securities, the UK’s largest commercial property company, announces Models Own is to open its first inline flagship store outside London, and only its second in the country, at Trinity Leeds.
The Partners of Balmain Asset Management and Sharman Church Chartered Surveyors have signed an agreement to merge the advisory businesses of ‘’Balmain’ and ‘Sharman Church’.
Poland has been a free market economy for nearly 30 years and in that time, the retail landscape has been completely transformed. This is perhaps most apparent when it comes to the way we shop.
Europe’s flagship conference is coming to Warsaw. Two days of fresh insight, cutting-edge trends and unrivalled networking!
Designed by Chapman Taylor’s Madrid studio, Mall of Qatar has officially opened its doors to the public after its soft opening on December 10, 2016.
So, we have arrived in 2017, the world is changing again and this year promises to be one of the most “interesting” for a long, long time.
More than half of consumers in some European countries shop both online and offline. For example, German and Dutch omni-channel shoppers are responsible for more than two-thirds of total retail turnover (source: GfK non-food consumer panel).
Designer Outlet Roermond, located directly on the border with Germany, won multiple prizes in this year’s “Outlet Center Performance Report Europe.”
BNP Parisbas Real Estate recently published “At a glance: UK shopping center & out of town retail market, December 2016.” One of the headlines is that investment volumes fell by around a third compared to 2015 for both the retail warehousing and shopping center markets.
Effective retail places use leisure, technology, and planning to lure shoppers, who now want shopping to be both functional and social.
Commentary by Erik J. Engstrand, CEO of Safe ShoppingCenters.
Over the past two decades, Portugal has been a consumer-driven country, catapulting the country’s retail sales area very close to 1.00 sq m per capita.
The ACROSS Advisory Board now comprises 13 industry experts. The latest member to join is Lisette van Doorn, the Chief Executive of the Urban Land Institute’s (ULI) European operations since January 2015.
Josip Kardun and Árpád Török further strengthen the ACROSS Advisory Board
What industry experts expect from the retail real estate year 2017.
The shopping center industry has a problem: the security of its customers. No, it’s not that centers have a security issue. Nevertheless, in these times of terror and armed attacks, it is difficult to balance an easygoing and unhindered shopping experience with the best-possible security for our customers.
PROVADA is the definitive annual meeting point for those in the real estate sector.
The Austrian Council of Shopping Centers (ACSC) holds its congress this year on October 17.
Completely Retail Marketplace Ireland takes place in Dublin on February 28, 2017.
A technology revolution, geopolitical instability and societal changes are sweeping through the business world. As a result, property professionals are facing new challenges that drive them to understand their business differently.
The Annual International Conference on Real Estate Development is the key annual gathering place for all who participate in commercial real estate projects, the commercial real estate market, and in other industries that are related to real estate and construction in Croatia, the European Union, the wider region, and internationally.
The renowned Retailer Meeting will take place under new leadership in 2017. The meeting of retail specialists started by Hillemeyer Immobilien in 2008 will be continued by Heuer Dialog and dfv Conference Group.
While classic travel agencies are suffering from the trend towards online-booking, the world’s leading travel company TUI is following a growth strategy and will be opening its 67th branch in Switzerland in the Mall of Switzerland.
Redevco is pursuing a long-term investment strategy based on quality and sustainability. As a result, the company is in the process of certifying as much of its portfolio with BREEAM In-Use as possible.
“Metro and ECE join forces,” was the headline in August 2011 when the joint venture partners announced their plans.
Within three weeks of opening, the shopping center in the eponymous West Polish city had already welcomed its one-millionth visitor.
Luxembourg’s Forum Invest S.a.r.l. has commissioned Ed. Züblin AG with constructing the East Side Mall in Berlin.
Belgrade Plaza is an €80-million investment and will consist of 61,000-sq-m of GBA, providing approximately 32,300 sq m of retail space across three levels.
So, here we are at the pre-Mapic breakfast. There’s the chat, the stronger-than normal-coffee, and most have ordered an omelet with the inevitable comparison between French and Spanish recipes. But there’s technology on the table and the conversation turns to client appointments and strategy. Then: A last-minute panic fumbling with ID badges and we are inside Mapic.
Corporate Social Responsibility (CSR) is becoming increasingly attractive and popular as far as marketing and PR activities in the shopping center market are concerned. CRS is usually based on using typical occasions and supporting “ready-made” external initiatives.
On June 23, 2016, the people of Britain voted to leave the European Union. More than 30 million people voted, with a much higher than expected turn out, especially in the younger voters.
The Austrian market leader has invested €3 million in the construction of the new 5-screen multiplex cinema in the Stop.Shop shopping center in Niš. It also recently celebrated a new opening in Pristina.
Christmasworld’s “Premium” Business Program, which runs from January 27 to 31 in Frankfurt, has laid on some innovations.
ECE Future Labs’ newest development is the “Digital Mall,” an online product search which can be found on the website of the Alstertal-Einkaufszentrum (shopping center) in Hamburg. With the Digital Mall, ECE makes it possible for customers to get information on the products available in the shopping center – anytime, anywhere.
The €50 million investment was made public at the end of last year.
How retail technology and increasing digitalization are changing retail and the shopping center industry.
intu is taking leisure experiences in shopping centres to the next level with a multi-player family virtual reality game.
The professional jury selected the top six of 21 submitted store ideas. The public vote follows in March. The response to the retail competition ‘First Store by Alexa’ exceeded the initiators’ expectations.
In an interview with ACROSS, Sebastian Baumann, Head of Department ECE Future Labs, speaks about the “Digital Mall” project and how shopping center operators can gain from new technologies.
How many customers visit a store each day? Why do customers pass by shops on a shopping street? Why does one area within a department do better than another? How old are your customers really? Umdasch Digital Retail offers four new products to answer these questions and more.
JOH will be transformed into Barbarossa. The old department store in Gelnhausen will be a modern outlet center by the spring of 2018.
The development of a new premium outlet shopping destination in the West Midlands moved a step closer as development partners U+I and Rioja Developments confirmed receipt of full planning permission.
Neinver is continuing its growth in Europe by entering the Czech market, the eighth country in which the company has a presence. The company has partnered with The Prague Outlet to forge a joint venture launching Prague The Style Outlets, the first premium outlet center in the Czech Republic.
Neinver is currently the only outlet operator offering an omni-channel B2B2C business model.
In November 2008, immediately after the bankruptcy of the US investment bank Lehman Brothers, two Austrian investors, Thomas Seikmann and Manfred Schlager, opened Croatia’s first outlet center: Roses Designer Outlet in Zagreb. After years in a difficult market environment, they have managed to establish the retail property firmly in the market.
That is one of the main messages from a white paper recently published by Neinver on France’s outlet center market.
Investment in German retail properties is declining. The transaction volume is increasing significantly only in retail parks. Retail parks currently offer good investment opportunities in the UK as well.
According to Stephan Austrup, Head of Retail in Germany at TH Real Estate, omni-channeling and digitalization are key drivers of change. In all acquisitions and in business plans for existing portfolios, he therefore considers the impact of this change on retail formats, retailers’ required floor plans, and whether the property provides the necessary layout flexibility.
TriGranit recently sold Bonarka City Center (BCC). CEO Árpád Török spoke with ACROSS, among other things, about a very eventful 2016.
The Scottish city has witnessed the highest number of new restaurant openings in the United Kingdom outside London. Anne Murray, Group Manager Inward Investment at InvestGlasgow, is helping retailers to use this to counter competition from the internet.
In this interview with ACROSS, Anne Murray from InvestGlasgow and Stephen Bibby from Cushman & Wakefield explain the Scottish city’s investment opportunities.
Shopping center investors have manifold expectations of their asset managers. Steffen Hofmann, Founder and CEO of iMallinvest Europe, knows all the specifics from his daily work.
The distribution of online potential for product groups such as food, clothing, consumer electronics and DIY items differs substantially from region to region. Recently GfK published its findings in the first-ever study on regional online potential for 17 product groups in Germany.
How the United Kingdom’s exit from the European Union will affect the British shopping center industry.
Colliers recently published a “Retail Market Overview” of the first half of 2016 in Bulgaria. It indicates that the market will undergo sustainable development, with decreasing levels of supply and stable demand until the end of the year.
According to a recent report by Cushman & Wakefield, the sales area of European retail parks will increase by 50% more in 2016 than in the previous year. This growth is due mainly to developments in France, Italy, and the UK.
In an interview with ACROSS, Frank McAveety, Leader of Glasgow City Council, explains how the City Center Strategy protects and progresses the retail offer.
The EHI Retail Institute recently presented the German “Shopping Center Report 2016.” It reports that only four new projects will be completed this year. Revitalizations and neighborhoods centers currently prevail.