The opening is scheduled for fall 2017.
Valad Europe appoints Wouter Zwetsloot as Head of Benelux and promotes Mark McLaughlin to Head of Property Europe.
Shopping centre owner intu has signed up Hollywood Bowl as another anchor for its 225,000 sq ft extension at intu Lakeside.
Josip Kardun and Árpád Török further strengthen the ACROSS Advisory Board
Rediscovering the city has become a trend. Where the mixture of shopping, work, and gastronomy is right, it draws people to city centers to go shopping again. At the same time, digitization continues to progress.
“Metro and ECE join forces,” was the headline in August 2011 when the joint venture partners announced their plans.
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.
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.
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.
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.
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.
Over the past 18 months, the Hungarian property market has seen one of the most successful and dynamic expansions of any country in CEE, with Budapest identified as having the highest rate of return in the entire region.
Great achievements and great challenges await cinemas in the coming year: After a highly fluctuating year for cinemas in 2016, cinema operators and entertainment venues can expect big blockbuster sequels and thus high footfall in 2017.
The ACROSS Advisory Board has gained two new members: Jonathan Doughty, EMEA Head of Foodservice Consulting at JLL, and Christof Papousek, CFO of the Constantin Film group of companies.
The European shopping center industry can look back on an exciting year 2016.
Christmasworld 2017 offers 'Happy New Business': Events and highlights with some top-selling ideas for business.
Completely Retail Marketplace London takes place on April 25, 2017.
Deutsche GRI is a gathering of senior level German and international real estate investors, lenders and developers.
Inaugural pan-European event to bring together leading retailers & ecommerce disruptors in Copenhagen on 9-11 October 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.
A key feature of Christmasworld, to be held from 27 to 31 January 2017 in Frankfurt am Main, 'Premium' enables international sector experts in the field of decorative concepts for retail companies, shopping centres, local districts, towns and cities to make contact with innovative designers and decoration agency consultants.
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.
How storytelling and an integrated architectural, interior, and brand design process can make the difference.
Tamdeen Group recently reported it had rented out 70% of the space in the 260 planned stores of the new Al Kout Mall.
The Mall of Switzerland, the country’s second largest shopping and leisure centre, will open in autumn 2017. SPG Intercity Zurich AG has now been entrusted with leasing out the retail floor space.
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.
theleisureway Column by Gastón Gaitán
From May to June 2016, facility management employees in 11 German retail parks recorded what concerns visitors, store employees, and suppliers had for them. Here are the results and the conclusions facility service supplier Wisag draws from them.
According to the recent study “Expansion Trends 2016” by EHI and the Hahn Group, diminishing turnover and declining footfall is putting retailers under pressure.
Union Investment and GTEC award the best start-up ideas for the real estate world of tomorrow.
According to Simon Millar, Sales Director at Completely Retail Marketplace, bringing the right mix of people together inevitably leads to effective dealmaking.
In an interview with ACROSS, Rob Clarke, Center Manager for The new Strand in Merseyside, spoke about how his team has embraced traffic- and location-based technologies to boost performance.
Movvo has just come to market with a new generation of data collection and diagnosis technology enabling transformational change in the retail industry.
More and more online retailers are entering the world of bricks-and-mortar retail. According to Kai Hudetz, Managing Director of the IFH Köln, Institute for Retail Research in Cologne, they dream of locations in high-traffic malls.
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.
According to a report prepared by BNP Paribas Real Estate Poland, over the next couple of years, the outlet center market will see growth in the form of 22,000 sq m of new supply.
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.
German department stores are good investments - if you recognize the development opportunities, that is.
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.
The annual volume of new Moscow shopping centers will decrease to 460,000 sq m in 2016. Almost 90% of 2016 completions will come from postponed projects.