February 2016

Nominations & Appointments

New Nominations: Positions: Designations: Appointments

A Prestigious Refurbishment

Ringstrassen Galerien in the heart of Vienna is among Austria’s top retail areas. Now the site is undergoing a comprehensive makeover.

Projects and Openings International

A CROSS section of Projects & Openings International

A New Era of Customer Service

In the year 2016, robots are, for now, an unusual sight in shopping centers. The helpful androids bring customers special moments and thus enhance the malls’ quality of stay.

The Last Mile

Long delivery times have so far been one of online retail’s few weaknesses. So-called prime and air services using drones should now bring packages to your front door more quickly.

Projects Openings European

Cross Section of Projects and Openings ACROSS Europe

Top Locations, Austrian Capital Getting Even More Interesting

Luxury labels pay “connoisseur’s price” of more than €400 per sq m per month for prime addresses in the center of Vienna.

The digital brick-and-mortar store

It doesn’t always have to be a case of online vs. offline. New retail technologies are helping make the experience of shopping more digital at point of sale. This benefits both customers and retailers.

Development Stores: Omni-Channel Age

The ever-growing e-commerce trade is having a significant impact on bricks-and-mortar stores: Omni-channel services an integral part of store concepts, retailers continue to “trade-up” their market presence, as more and more online merchants are opening stationary shops.

Irish Expansion

Liffey Valley shopping center in Dublin is growing by 22,000 sq m of net space, 1,800 parking spaces, major civic plaza, and 2,500-seat Olympic-sized indoor ice arena.

Investment News

ACROSS EU 2015 Investment News

UK shopping center transactions surpass long-term average to reach £4.3 billion (€5.57 billion) in 2015

The investor carousal is turning. Property companies were the most active investor type in the UK, acquiring 34 shopping centers.

A district center specialist

Hamburg-based Prelios Immobilien Management GmbH has specialized in retail properties in German city centers.

Trends in the affordable luxury market

For the premium retailer, globalization has brought choice, improved opportunities, and greater influence while simultaneously creating highly competitive markets.

The Minnesota Giant Expands

The Mall of America measures 390,000 sq m of total area and is home to around 520 stores. An extension with 520,000 sq m is under development.

Transferring shopping centers into tomorrow’s world

While structural trends will continue to alter the retail landscape, it is important to “marry” global demographic trends with the localized nature of malls.

On the Courage and Vision of Commercial Property Owners

In the last two years, I have outlined in several articles the advantages and disadvantages of refurbishing retail properties and evaluated such drives from the retailers’ perspective.

The real value of food

I have been watching with interest the change in fortunes of the large supermarkets, both in the UK and across Europe. Consumers have demanded “more and different” from their regular retailers and the discounters have stepped up and delivered it.

Belgium’s Impressive Pipeline

No grand openings were celebrated in the Benelux country last year. This year and the following years will be different.

The New Role of Senior Advisors

In recent years, the appointment of senior advisors in Europe has increased.

Germany: Record Transaction Volume

In the course of 2015, around €18.1 billion were invested in German retail properties, according to analysis by the real estate consulting firm CBRE.

High Consumer Confidence Remains

Well, it certainly has been an eventful start to 2016.

Adaptability and flexibility are now fundamental in retail

Entering 2016, we find ourselves in a new phase of change in the pan-European shopping center sector.

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