German financers, operators and investors in retail properties are optimistic about the future in a dynamically changing segment, despite challenging conditions. This was the conclusion of the expert discussion “upheaval in the retail sector – prospects for retail properties”, which was held yesterday at HSH Nordbank in Hamburg.
Award-winning entrepreneur and celebrity chef, Levi Roots, addressed retailers and local businesses on 17 September at Meadowhall, as part of Welcome to Yorkshire’s ‘Start up to International Brand’ Retail Masterclass.
Following 13 consecutive years of revenue growth since opening in 2004, Springfields Outlet has reinforced its position as the leading shopping and leisure destination in the East of England with a significant rise in both like-for-like footfall and revenue over the school summer holiday period.
By Reinhard Winiwarter, Publisher and Managing Partner ACROSS Magazine
The two-day event will take place on November 5 - 6 at the Van der Valk Airporthotel in Düsseldorf.
The Istanbul New Airport is about to open on October 29, 2018. Around 53,000 sq m of retail space will sweeten passengers’ stays there.
A new collaboration with SES promotes cooperation between Austrian police and retail. Shopping centers in general are focusing more and more on security.
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.
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.
JLL, acting for Blackstone, has completed the sale of Almada Fórum, from the Rio Tejo retail portfolio, to Merlin Properties. The portfolio originally comprised three prime shopping centers and a retail park.
The new Union Investment index analyzes the attractiveness of the top 17 markets.
Over the last few years, the term Pop-up has become an overused retail and real estate buzzword. Nearly everyone who deals with commercial real estate and retail has come across these kinds of stores, but only few of them have a deep understanding of exactly how they can prove beneficial to both sides – the landlord’s and the tenant’s – and how they should be used and implemented in a shopping-center environment.
The close economic ties between Austria and neighbouring Germany have, for a long time, extended to the property markets in both countries.
It’s no secret that retail property owners are in the midst of adjusting our assets for a more omnichannel world.
“Oslo S Utvikling is currently undertaking a vast development in Bjørvika, a previously neglected part of the downtown area, adjacent to the Central Station.”
The ACROSS Advisory Board is happy to announce its latest addition and welcomes Peter Karai as its new member.
For many years, shopping centers have constituted a popular and successful asset class that – provided the assets have been well managed – have offered stable returns and high value stability.
Labels love factory outlets and they are in increasingly high demand among investors and banks.
Since its inception more than 20 years ago, Mapic has continued to attract the world’s leading retailers, developers, mall operators, and, more recently, major ecommerce retailers.
Visual marketing is a real challenge for today's food retailers. The industry is constantly changing, especially now.
The Retail Innovation Forum, organized by ICSC, will be held at the Movenpick Hotel Amsterdam City Center from September 26 to 27, 2018.
Revo Manchester 2018 is a conference and exhibition that offers opportunities to connect and do business with approximately 2,500 experts from the diverse retail property and placemaking community.
The Austrian Council of Shopping Centers (ACSC) Congress will take place at the Festsaal of Vienna’s “House of Industry”, Schwarzenbergplatz, Vienna on 18 October 2018 at 3 pm.
CHINA: Cofco Joy Breeze and MixC, USA: The 78, UNITED ARAB EMIRATES: Dubai Square
The southern European country, which is still recovering from the latest economic crises, is not exactly known for its full pipeline. However, Sonae Sierra and Bluehouse Capital recently announced the “Fashion City Outlet” in Larissa.
MPC Properties, one of the largest investors in Southeast Europe, is investing 250 million euros in new development projects, all located in Belgrade, the capital of Serbia.
EuropaCity is on hold after a court decision, according to various press reports. The developers of this big project near Paris say it is not on hold.
At the beginning of the year, Austrian property specialist Supernova acquired Centar Kaptol in Zagreb, Croatia. BEHF Architects has been commissioned to comprehensively refurbish the center.
Quartier du Flon is a contemporary area of 55,000 sq m, located in the heart of Lausanne, which has developed into a vibrant shopping and entertainment area.
Food services and drinks represent more than 70% of retail investment in this southern European country.
The “Freeport Outlets” have become “Affinity Outlets”, “Puerto Venecia” is now called “intu Puerto Venecia”. These are just two current examples that show that retail properties are regularly rebranding themselves.
With these spaces, they give online brands the opportunity to launch a test balloon and find their footing in stationary retail. But also car companies like Tesla and Volvo work with this retail format.
Indoor surfing and shopping seem to be perfectly suited to one another.
Shopping without leisure is about to become a thing of the past. But how do visitors want to entertain themselves? The increasingly frequent answer is jumping and bouncing, apparently.
With today’s consumer looking for the 'experience', shopping centers can tap into emotions through attractive lighting displays and decorations that tell stories and actively engage them.
The department store chain, which was founded in 1849 in Scotland’s Glasgow, is in serious financial trouble.
According to Bernd Albl, Managing Director Digital Retail at Umdasch, at the end of the day, consumers no longer distinguish between online and in-store shopping. Seamless Shopping is the keyword.
The Swedish furniture giant may still be in the planning stage for this project, but worldwide first Ikea city-location at Vienna’s Western Train Station is already beginning to take shape.
Umdasch was responsible for concept, planning, general contracting, shopfitting and digital retail.
The meaning and impact of digitization on retail parks in five core theses.
The winners of this year’s “Real Estate Marketing Award 2017” were again honored at the international real estate fair Expo Real in Munich. The winners in the “retail” category are Union Investment Real Estate/Sonae Sierra/21Media for their “First Store by Alexa,” a new competition concept for innovative store ideas.
In the 1980s, the retail format of designer outlets arrived in Europe. Now, the time for expansions and refurbishments, with a focus on food & beverage and leisure, has come.
The beginning of construction on the £90 million expansion of McArthurGlen Designer Outlet Ashford was officially celebrated at the end of March 2018.
Fashion House Group, part of the Liebrecht & wooD Group, registered its best results in the last seven years for Fashion House Outlet Centre Bucharest.
Billund Designer Outlet is relaunched.
McArthurGlen celebrates the 20th anniversary of its outlet center in Parndorf, Burgenland (Austria). Generally, the company focuses on a comprehensive entertainment experience.
The opening of the outlet center’s 120 shops on a total area of 20,000 sq m is scheduled for the first quarter of 2019.
Marcus Mack, from TH Real Estate, believes that the country’s retail market is more active than ever before. As a result, he and his team have recently set up a new Germany-focused retail vehicle. With a target portfolio size of €400 million, it has a proposed term of 10 years, with a two-year renewal option.
The Home Rocket crowdfunding platform has been activated on behalf of the ece in Kapfenberg, Styria. Its objective is to contribute to the financing of a health care area in the shopping center.
According to Adam Pearce, Managing Partner at Kintyre, the currently inflated investment market for retail assets is not substantiated by the underlying trading environment for traditional brick-and-mortar retailers.
The European retail real estate industry was on a particularly intensive shopping spree over the last days and weeks.
Hammerson, the British real estate group, rejected yet another takeover offer by the French Klépierre Group, as the industry in general seems to be particularly interested in mergers right now.
An exclusive ACROSS interview with Steffen Hofmann and Klaus Mennickheim, Managing Partners of iMallinvest Europe GmbH.
The capital of the Lombardy region is recognized as one of the most famous fashion hot-spots in the world and it is Italy’s industrial, commercial, and financial heart. The city continues to attract new businesses and investments – and new shopping centers.
Union Investment’s new “Global Retail Attractiveness Index“ (GRAI), which analyzes the environments for retail investments in 17 countries around the world, recently showed that Poland is one of the most dynamic European markets. The latest data confirms this assessment.
Cushman & Wakefield recently published the “Turkey – Retail Market Snapshot – First Quarter 2018”. The acceleration in the country‘s investment market signals that further consolidation in the shopping center market can be expected.
GfK study on key retail indicators: 2017 review and 2018 forecast.
Liviu Tudor outlines two current areas of focus for retail developments in the CEE-country: the construction of retail parks in small cities and the extension of existing commercial areas in larger cities.
Recruitments, promotions and appointments in the European Retail Real Estate Industry.