Monthly Archives: November 2016

Building permit for Barbarossa – Hesse’s first downtown outlet center

At first glance, however, everything still looks the same. You still see a large building complex that has gotten on in years. This will soon be a thing of the past, however. “The Main-Kinzig district has now approved the building … Continue reading

Green light for Mill Green

Mill Green will inject needed investment into the area, provide an economic boost, and put the area firmly on the designer outlet map. The phased scheme will cost in excess of £110 million (€123 million) and will create over 1,200 … Continue reading

The future of Retail Real Estate

By Jörg F. Bitzer The logic also runs in the other direction: If the objects are attractive in terms of their location, utility, accessibility, and divisibility, for example, then they attract retailers. It is clear that the future of retail … Continue reading

NEINVER enters the Czech market – Partnered with The Prague Outlet

Neinver will be in charge of leasing and retail and property management for this unique project, currently under construction. The joint venture is financed by PPF Bank, part of the PPF Group, one of the leading European investment and asset … Continue reading

Putting retailers, agents, and landlords together

ACROSS: Could you please explain the history and the idea behind Completely Retail Marketplace events? SIMON MILLAR: Completely Retail Marketplace started in the UK five years ago as a direct response to a requirement from the retail property market for … Continue reading

“Emotions can of course arise toward a building”

ACROSS: The BCC transaction process with Rockcastle closed in September. How was the selling process itself? ÁRPÁD TÖRÖK: BCC is one of the best city centers in Krakow and one of our best developments overall from many perspectives. We didn’t … Continue reading

My father: “Listen to the people—it’s music!”

I was nine and it was one of those special days that thread ideas through the years. He’d taken me for an ice-cream, there was the flavor of vanilla, chatter, and the clack, clack of table football punctuated by “goal!” Of … Continue reading

MAPIC 2016

MAPIC—The International Retail Property Market will take place this year from November 16 to 18. The industry once again embarks on its pilgrimage to Cannes in southern France.  On a tour through the halls of the Palais des Festival, we … Continue reading

Projects & Openings Europe

UNITED KINGDOM Chester Northgate The £300-million (€330-million) Chester Northgate scheme is set to deliver around 46,500 sq m of retail, restaurant, and leisure facilities over two phases of construction. The first phase will start in autumn 2017. Picturehouse will operate … Continue reading

Projects & Openings International

AUSTRALIA Galleria The proposed major redevelopment and expansion will see the scheme become a supra-regional center and one of Perth’s leading retail destinations. Vicinity Centres’ Director of Development, Stephen Beer, said: “Receiving this approval for our proposal is a significant … Continue reading

“Working with accurate information”

RETAIL TECHNOLOGY ACROSS: Tell us about The new Strand. ROB CLARKE: The new Strand is a 38,000-sq-m shopping center located in Merseyside in the United Kingdom. It first opened its doors in the 1960s and is now home to 100 … Continue reading


We have come a long way from those factory outlet centers in industrial districts of America, with their customer base of opportunistic bargain hunters. That was the start of a nascent outlet concept, defined by a lack of management, the … Continue reading


By Marije Braam-Mesken As a rule of thumb, strong anchors attract more than 30% of the total footfall. They are usually the largest stores in a shopping center and are strategically located so that smaller retailers can profit from customer … Continue reading

From data to wisdom: How connecting the dots creates an important opportunity

RETAIL TECHNOLOGY Everyone reading this article probably has enough data. Whether it is LinkedIn saying how many people clicked on your profile, a spreadsheet of yesterday’s sales figures, or a prediction of what FX rates will be in 2017, it … Continue reading

When Online Goes Offline

ACROSS: What makes online retailers want to open up a bricks-and-mortar business? KAI HUDETZ: The possibility of boosting sales and profits is definitely not always the driver. Retailers’ motivations can be compared with those of manufacturers. The ultimate aim is … Continue reading

Service and Information Needs in Retail Parks

Retail parks are booming in Europe: According to a study by Cushman & Wakefield, 1.3 million sq m of new retail space will be added in retail parks by the end of 2016. The area of newly-built retail parks in … Continue reading

eCommerce in Germany: Highly Variable Regional Potential for Product Lines

The GfK study is based in part on anonymous and aggregated channel-specific purchasing data from GfK’s consumer panels for the product groups in question. Using geostatistical comparisons, GfK’s experts determined the regional online potential for 17 product groups for all … Continue reading

IKEA Centres Plans Further Expansion in China

In June 2014, IKEA Centres opened the first LIVAT Centre in China, in Wuxi. The following year, LIVAT Centres opened in Beijing and Wuhan. The centers’ outstanding performance has led LIVAT quickly to become an increasingly recognized brand in China’s … Continue reading

Do regional real estate service providers still have a future?

BY RAINER KUNDÖRFER The necessary refurbishment of many existing properties still has not reached the possible or necessary dynamics. The number of expansive retail concepts has shrunk. International and institutional investors, investment companies, and banks ask about track records and … Continue reading