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April 2019

Martin Miklas was named the new CFO of HB Reavis. He took this position over from CEO Marian Herman, who had kept these responsibilities even after becoming CEO last year.

Recently Edinburgh St James has signed four brands from global retail group Inditex, including fashion powerhouse Zara, to form part of the retail offering at the 158,000 m sq m mixed-use development at the heart of the Scottish capital.

McArthurGlen Designer Outlet Ashford announced that work has started on Europe’s largest living wall installation, which forms part of the centre’s £90 million expansion. Made up of approximately 120,000 plants, the 25,000 sq. ft. living wall installation is set to create a striking atmosphere in the centre, with beautiful vertical gardens covering the walls of the new entry promenade, various walkways and many of the new stores.

Hanningtons Lane has opened to the public and visitors are able to walk down Brighton’s newest Lane for the very first time. Redevco and its main contractor Westridge have been working hard on the creation of the city’s new retail and cultural quarter for two years and retailers are now starting to move in and fit our their stores.

Otto Ambagtsheer, the COO of VIA Outlets, also joined the ICSC European Conference & Exhibition in the Catalan capital. In his interview with ACROSS, he talks – among other things – about the company’s current remodeling projects.

The paradigm shift in the retail and retail real estate industry were the key issues at this year’s ICSC European Conference in Barcelona. The industry’s big players adapt their business models to bind current and future customers even closer to stationary retail. Ingka Centres, formerly IKEA Centres, emphasizes new “meeting place” concepts in the hearts of cities as well as increased manpower.

The Sharing Economy is the internet generation’s latest trend. Bustling online portals like Airbnb and Uber show us every day that there is money to be made by “sharing instead of buying”. At the ICSC European Conference in Barcelona, the concept “Library of Things” shows that the sharing economy can also be an interesting approach for stationary retail.

Ken Hughes presented the industry meeting in the Catalan capital and captivated the auditorium with his keynote speech about Generation Z.

SIGNA Sports United is forging a strategic alliance with digital innovation leaders soccerwatch.TV and TRACKTICS with the objective of providing digitalization support to clubs in amateur and popular sports. The use of cutting-edge technologies provides teams, clubs, club members, and fans fantastic benefits in important areas such as game analysis, club management, content marketing, streaming, and much more.

Joint owners of centre:mk, Hermes Investment Management and AustralianSuper, have announced that international fashion retailer, Primark, has officially opened its highly anticipated 75,000 sq ft store within centre:mk.

It will be the largest and most modern store of eobuwie.pl in Poland. The most cutting-edge footwear retail chain in the country has decided to extend the space leased four times in Galeria Młociny from 580 sq m up to 2,300 sq m. All this to create the first two-level store, where we can find almost 200,000 pairs of shoes – as much as 70 traditional stores – and also offer an online order delivery service on the same day.

Champion, the authentic athletic apparel retailer, is to open its first UK outlet store and has chosen London Designer Outlet (LDO) in Wembley Park as the best place to be. London’s leading fashion and lifestyle outlet centre continues to attract new and diverse brands to its tenant mix, having also signed cosmetic retailer, Beauty Outlet.

Longmartin Properties Ltd, a joint venture between Shaftesbury and The Mercers’ Company, has announced the completion of the £10 million refurbishment of 143 Long Acre in London. The building is situated at the gateway to Covent Garden from Leicester Square and comprises a flagship retail store and five floors of office space.