Development
Starting Shot in Changsha
Ingka Centres ramps up investment in China with new mixed-use projects. This will cost the company €2 billion....
Development
Mipim: Projects Everywhere You Look
Once again, real estate developments will be presented and advertised in Cannes this year. Many of them will feature retail space. Here is an overview of this year’s event....
Development
Shopping and Skiing
SevenCapital is developing North Star Village in Swindon. The Shopping & Leisure Project includes one of the United Kingdom's largest ski and snow centers....
Opinion
What are Weekends Made for?
Since the liberalization of opening hours – determined by the “Salva Italia2” decree passed in 2011, during Mario Monti’s legislature – retailers in Italy have been free to open on Sundays and festive days, acc...
Opinion
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 ...
Development
An Oskar for Osnabrück
New shopping center projects in Europe have been scarce in recent years. The Unibail-Rodamco-Westfield Group has bucked this trend and is currently developing “Oskar”, an inner-city shopping center in Osnabrück, Ger...
Development | Ticker
Shopping Mall WEZ receives a contemporary revamp by BEHF Architects
Built in the 1970s, the shopping mall WEZ – Das weststeirische Einkaufszentrum in Bärnbach near Graz is an example of the first generation of malls in Austria. ...
Development
“Additional Acquisitions under Consideration”
Dietmar Reindl, COO of IMMOFINANZ, gives an interview regarding the road to becoming Europe's leading retail park operator and the challenge of online retailing”....
Investment | Studies & Reports
RETAIL INVESTMENT: WIDENING GAP BETWEEN EUROPE’S RETAIL MARKETS
The Union Investment index analyses the attractiveness of the top 17 markets....
Construction of Galeria Chełm has started Construction works of the Acteeum Group and Equilis Polska joint project – Galeria Chełm – have just begun. Investors have signed a con...
Construction works of the Acteeum Group and Equilis Polska joint project – Galeria Chełm – have just begun. Investors have signed a contract with KARMAR S.A. which is becoming the general contractor of the project. Galeria Chełm with a GLA of 17.5 thousand sq m will be the first shopping center in Chełm and at the same time the first joint venture of both investors.
City Point Bochum shopping centre is turning 30 – that calls for a celebration! Between 2 and 30 March 2019, the City Point Bochum shopping centre in the heart of Bochum will offer numerous activities for visitors of all ages.
Swiss premium eyewear label, VIU, has leased a unit in London’s Soho for its flagship UK store.
European commercial real estate investment volumes reached a record high of €312 billion in 2018, according to the latest data from leading global real estate advisor, CBRE. This represents a 0.3% increase on 2017, which was previously a record, when total investment volumes reached €311 billion.
From 22nd to 24th of February, 18 current and former National Football League pros will be visiting Centro Oberhausen on their European Tour.
Shaftesbury has announced that three independent, specialist retailers totalling 5,000 sq ft are joining Seven Dials, enhancing the unique character of the shopping and lifestyle destination in the heart of London’s West End.
Soon, former Karol Scheibler’s factor on Tymienieckiego street, in Księży Młyn neighborhood, will become an open and friendly part of Łódź, a comfortable for living, work-inspiring and leisure-attractive place. Its developer, Echo Investment, starts the revitalization of this post-industrial compound.
MIPIM, MARCH 12 – 15, 2019, CANNES, FRANCE Over the past 28 years, Mipim has become the leading worldwide property event, bringing real estate professionals from all sectors together....
Since the liberalization of opening hours – determined by the “Salva Italia2” decree passed in 2011, during Mario Monti’s legislature – retailers in Italy have been free to open on Sundays and festive days, according to their own commercial strategies.
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.
The Polish real estate segment is changing. What we are seeing, apart from traditional real estate investments in office and retail, is there has been growth in new formats, including mixed-use projects with multifunctional concepts, and a growing potential for small-convenience schemes and retail parks.
Real estate investors both in and out of Germany rely on specialist retailers and specialist retail parks: They offer constant pulling power, stable revenues, and solid customer footfall – all of which require clearly positioned product and sector concepts, which signal to investors that their investment is both solid and sustainable.
Outlet Centers are still a niche market in the international retail real estate business and an asset class of its own. Today, there are more than 200 outlet centers spread over Europe but there are significant differences regarding the degree of saturation and maturity levels.
People say that predictions are hard, especially when they have to be made about the future. Be that as it may, ACROSS asked leading industry-players what to expect from the coming twelve months.
Ingka Centres ramps up investment in China with new mixed-use projects. This will cost the company €2 billion.
Once again, real estate developments will be presented and advertised in Cannes this year. Many of them will feature retail space. Here is an overview of this year’s event.
SevenCapital is developing North Star Village in Swindon. The Shopping & Leisure Project includes one of the United Kingdom's largest ski and snow centers.
New shopping center projects in Europe have been scarce in recent years. The Unibail-Rodamco-Westfield Group has bucked this trend and is currently developing “Oskar”, an inner-city shopping center in Osnabrück, Germany.
Built in the 1970s, the shopping mall WEZ – Das weststeirische Einkaufszentrum in Bärnbach near Graz is an example of the first generation of malls in Austria.
Dietmar Reindl, COO of IMMOFINANZ, gives an interview regarding the road to becoming Europe's leading retail park operator and the challenge of online retailing”.
Germany's first multi-label parcel shop opened in Hamburg's City Center Bergedorf.
Unibail-Rodamco-Westfield and Toolbox Group jointly developed Mallcomm, the retail community operations and engagement platform.
It is located inside ONE Salonica, an outlet mall in Thessaloniki, which stands to benefit from the new entertainment offering.
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.
The debut of Air Haus at the mall in Sheffield reflects the increasing relevance of leisure facilities in shopping centers.
A new food and entertainment complex has recently opened at Parndorf in Burgenland, one of the most successful outlet locations in Europe. Centerprise Group, based in Austria, was jointly responsible for the conceptual design and letting of the complex.
The Union Investment index analyses the attractiveness of the top 17 markets.
The reason is the competition from online retail. Residential and logistics assets, in return, will be increased.
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.
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.
Helaba finances Atrium European Real Estate’s purchase of Wars Sawa Junior for EUR 170 million. The shopping center, located in the Polish capital, comprises 26,000 sq m of retail space.
A self-made man who set out to form a European format omnichannel provider.
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.
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.
A study conducted by EHI and Statista examines the e-commerce markets in Austria and Switzerland.
Gastronomy areas are increasingly becoming the focal points of shopping centers. Virtual reality software makes planning much easier.
Extraordinary worlds of experience in the areas of lifestyle retail, food retail, and premium retail, including digital retail solutions, are designed for discerning customers by the Austrian company. It will be represented in Cannes from November 14 to 16, 2018.
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.
Unibail-Rodamco-Westfield and Toolbox Group jointly developed Mallcomm, the retail community operations and engagement platform.
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.
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.
How Big Data, mobile devices and social media revolutionize traditional customer retention management.
Audience recognition cameras in intu Victoria Centre in Nottingham will ensure that customers receive personalized content.
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.
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.
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.
ECE LEISURE SPECIAL
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.
The Union Investment index analyses the attractiveness of the top 17 markets.
Recruitments, promotions and appointments in the European Retail Real Estate Industry.
Recruitments, promotions and appointments in the European Retail Real Estate Industry.
Good accessibility is one of the main criteria for the success of a center. There is a lot of catching up to do in the digital sector.
Knight Frank recently published the “Retail Market Report Moscow H1 2018”. The most important event was the commissioning of “Kashirskaya Plaza”, which opened with a high occupancy rate – not only by area but also by number of stores.
The new Union Investment index analyzes the attractiveness of the top 17 markets.
