Monthly Archives: May 2018

Adjustment in pricing levels expected

ACROSS: You co-founded Kintyre in 2009. Could you give us a brief overview of the company’s strategy and services? ADAM PEARCE: Of course. Kintyre began as a transaction advisor in 2009; then, we proceeded to expand our management platform to … Continue reading

Starting a new life with a new name

News from Global Mutual, the 2009 fully integrated London and Los Angeles-based property investment and management platform, which was founded in 2009: The company is set to introduce “Affinity Outlets”. This will be the new, single brand for the three … Continue reading

Understanding what our guests really want

By Walter Seib What guests really want – during a visit to an airport, train station, or shopping center – is a combination of personal and external factors, depending on both the disposition and the attitude of the guests as … Continue reading

Westfield London becomes the largest mall in Europe

On March 20, 2018, Westfield London launched the first-phase opening of its £600 million expansion, six months ahead of schedule. It welcomed major new store openings, including John Lewis, Adidas, H&M, West Elm, Currys PC World, Boots, Space NK, Mango, … Continue reading

“Digitization is changing our understanding of shopping”

ACROSS: Digitization is progressing at a rapid pace. The ways in which to differentiate oneself from the competition are more diverse than ever. What digital solutions represent the current trends? BERND ALBL:  Firstly, let’s take a look at the present. … Continue reading


The study offers an overview of the most important indicators for European retail in 2018. This includes an analysis of purchasing power and store-based turnover as well as their respective shares of private consumption. The study additionally illuminates trends in … Continue reading

“Our Russian portfolio has already withstood many crises”

ACROSS: Your malls are located predominately in Poland. What is the status of the country’s current shopping center market? LIAD BARZILAI: Around half of our portfolio is located in Poland. The country’s key economic data is extremely satisfactory. In CEE, … Continue reading


Colliers International Philipp Junikiewicz Global real estate service provider Colliers International is further expanding its consulting team in Hamburg. Philipp Junikiewicz is the new Senior Consultant Retail Letting in the Hanseatic City. The 35-year-old has been active in the real … Continue reading

Projects & Openings Europe

  FRANCE Prado At the end of March, the new Prado, developed jointly by Klépierre and Montecristo Capital, opened in Marseille. The shopping center comprises 23,000 sq m of GLA and 50 retail units. Located near the Prado roundabout, Velodrome … Continue reading

Why Nicosia Mall Is Flying High

The brand-new, 82,000 sq m Nicosia Mall is rapidly taking shape on the outskirts of the Cypriot capital and looks set to transform the landscape of leisure on the island for good, as it ushers in a distinctly European, 360° … Continue reading

One transaction quickly follows the next

Agore Kiinteistöt recently announced that it has acquired two Finnish malls from a fund advised by Barings Real Estate on April 30, 2018. The assets are shopping centers Revontuli in Rovaniemi and Galleria in Lappeenranta. The total leasable area of … Continue reading

Reimagining department stores in Europe

By Bill Kistler Not surprisingly, department stores are struggling to adapt to the disruption and new market realities driving change across the retail landscape. The challenges for them are compounded, however, by their sheer size, concession model, and operational complexity. … Continue reading

Placemaking is not a blueprint business

By Bart Vink The transaction of buying goods has become secondary to experiences and the creation of meaningful memories. At Redevco, we refer to this change in consumer shopping behavior as a new “retail state of mind”, where consumers shift … Continue reading

Expansion in Ashford – Completion scheduled for fall 2019

The project will create 500 new jobs for the local area in the county of Kent. Forming part of the Ashford Big 8 and opening in fall 2019, the expansion will add 50 new luxury and premium brands for shoppers, … Continue reading

Figures are up for Fashion House Outlet Centre Bucharest

The good performance was a direct result of the continuous improvement of the premium retail offer within the commercial center, with eight new store openings and lease contracts signed. The business indicator with the best evolution in 2017 was retail … Continue reading


  NEW ZEALAND Sylvia Park   Kiwi Property has given the green light to a $223 million “Galleria” retail expansion of the Sylvia Park shopping center following 11 years of growth at the mall. The expansion will add approximately 60 … Continue reading

Targeting Scandinavian and international brands

Recently, Resolution Property announced the relaunch of the Designer Outlet project in Billund, a joint venture with Lalandia to develop a €120 million state-of-the-art shopping center in Billund Resort, a flourishing tourist hub in Denmark. The project joins the company’s … Continue reading