June 2018

ROOM FOR INNOVATION

“We love leisure” is the motto of ECE’s new placemaking strategy which is being implemented consequently at Potsdamer Platz Arkaden Berlin. Further centers will follow soon.

In the face of considerable changes in the retail market and changing consumer purchasing patterns, ECE had to think beyond traditional retail practices. Katrin von Soosten is chasing and finding innovative ideas and non-traditional concepts.

EXCITING DESTINATIONS

ECE is already on the way to establish its shopping centers as places for shopping, dining, sports, and leisure.

CREATING GREAT PLACES IN THE “TIME ECONOMY”

“I have always said large parts of the foodservice industry are actually leisure, now we are proving it every day.”

EuropaCity – „Just a very complicated process“

EuropaCity is on hold after a court decision, according to various press reports. The developers of this big project near Paris say it is not on hold.

Poland provides a dynamic retail environment

Union Investment’s new “Global Retail Attractiveness Index“ (GRAI), which analyzes the environments for retail investments in 17 countries around the world, recently showed that Poland is one of the most dynamic European markets. The latest data confirms this assessment.

Entertainment for outlet shoppers

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.

Constant change along the Bosporus

Cushman & Wakefield recently published the “Turkey – Retail Market Snapshot – First Quarter 2018”. The acceleration in the country‘s investment market signals that further consolidation in the shopping center market can be expected.

Refurbishment with potential

At the beginning of the year, Austrian property specialist Supernova acquired Centar Kaptol in Zagreb, Croatia. BEHF Architects has been commissioned to comprehensively refurbish the center.

Quartier du Flon – Constantly evolving

Quartier du Flon is a contemporary area of 55,000 sq m, located in the heart of Lausanne, which has developed into a vibrant shopping and entertainment area.

A new mall for Budapest

An ambitious plan: ECE plans to build no less than the most modern and attractive shopping center in Hungary. The opening is scheduled to take place in 2021.

Innovation and tradition combined in one quarter

Unibail-Rodamco is developing the southern Überseequartier, an integrated district of HafenCity within Hamburg.

Delightfully epicurean Portugal

Food services and drinks represent more than 70% of retail investment in this southern European country.

SES continues to expand in Slovenia

ACROSS speaks with Marcus Wild, CEO of SES Spar European Shopping Centers, about the company’s recipe for success and how Slovenia’s market leader intends to consolidate its position there.

House of Fraser closes 31 stores

The department store chain, which was founded in 1849 in Scotland’s Glasgow, is in serious financial trouble.

OUTLETS GAIN GROUND IN THE EXPERIENCE GAME

In the 1980s, the retail format of designer outlets arrived in Europe. Now, the time for expansions and refurbishments, with a focus on food & beverage and leisure, has come.

Investing in the future

For many years, shopping centers have constituted a popular and successful asset class that – provided the assets have been well managed – have offered stable returns and high value stability.

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