Monthly Archives: September 2019

Cooperation or Confrontation

Commentary by Klaus Striebich regarding the first “ACROSS Retail Talks” Everyone involved in our retail and economic system is aware of the fact that the number of challenges we face is unlikely to decrease, and that we will have to … Continue reading

A successful premier

First-night jitters were definitely noticeable on Wednesday, September 18, 2019, at 6:30pm at Winebank Wien in the Austrian capital’s first district, when the “ACROSS Retail Talks” took place for the first time. The exclusive evening’s theme was “Cooperative or confrontational? … Continue reading

Multi assumes management of a Corestate Capital Group shopping center in Sindelfingen, Germany

“We are delighted to take over the management of the Stern Center in Sindelfingen, the fourth shopping center we have incorporated this year, as part of our relatively young partnership with the Corestate Capital Group, joining Garbsen, Nordhorn and Schwenningen,” … Continue reading

Cineplexx opened first Multiplex in Satu Mare, Romania

Recently Cineplexx opened the most advanced multiplex cinema in northern Romania. In the first weekend, more than 5.000 visitors enjoyed the unique movie experience Cineplexx provides. It is the first movie theater in Romania to offer specially designed seats for … Continue reading

Unibail-Rodamco-Westfield cooperates with new partners on multisensory worlds of experience

The company colaborates with renowned Fraunhofer-Institute for Building Physics IBP in the context of the technology transfer program of the Fraunhofer-Gesellschaft “AHEAD” as well as Virtual Reality Headquarter Hamburg. The focus is on multisensory worlds of experience with the aim … Continue reading

ICSC announced 2019 Solal Marketing Awards Winners

The International Council of Shopping Centers (ICSC) is pleased to announce the recipients of the 2019 Solal Marketing Awards. Recognising best practice and outstanding marketing performance, the Solal Awards are seen as a benchmark of quality throughout the industry. The … Continue reading

Neptune to invest over €10M in two of its outlet centers located in Madrid

Neptune, a joint venture between Neinver and Nuveen Real Estate, will invest over €10M in its two largest centers in Spain: Getafe The Style Outlets and San Sebastián de los Reyes The Style Outlets. Neptune’s strategy is to continue boosting … Continue reading

Sonae Sierra has achieved a 5 Star Rating in the 2019 GRESB Benchmark

Each year GRESB assesses and benchmarks the environmental, social and governance (ESG) performance of real assets worldwide and monitors the sector’s progress towards global sustainability goals. GRESB Assessments are guided by what investors and the industry consider to be material … Continue reading

Listen to the people, it’s music!

Current trends and changes in user behaviour are pushing developers to rethink new projects. They aim to create “living spaces” as people demand more human, friendly, fresh, dynamic and sustainable environments.  The future of human-oriented spaces involves integrating properly with all … Continue reading

10 new store openings this month at Westgate

These new openings support Westgate’s new strategy as a family mall as well as its restructuring of the tenant mix. Westgate designed special segments, such as Westgate Home and Westgate Kids to accommodate specific areas for interior & furniture as … Continue reading

Global customer loyalty programme with a local touch: Travel Retail Norway launches “Heinemann & Me”

Passengers in Oslo, Bergen, Trondheim, Stavanger and Kristiansand can now benefit from the advantages of the international “Heinemann & Me” customer loyalty programme. The shops at the Norwegian airports are operated by Travel Retail Norway (TRN), a joint venture between … Continue reading

Cushman & Wakefield to commercialise extra space in Tesco’s stores and retail arcades in Poland

A notable trend on the European retail market is the growing importance of smaller retail formats. The increasing market saturation in key metropolitan areas and changing consumer shopping habits and expectations are having a knock-on effect on retail supply that … Continue reading

Klépierre wins Global Prix Versailles for Prado Shopping Center

After having won the prize for the European section in the continental competition in May, the shopping center located in Marseille, designed by architects Benoy & Didier Rogeon, and developed by Klépierre, joined the prestigious global league. An architectural jewel, … Continue reading

Grand Central’s New Street Mall to receive £2m upgrade

The project will result in a more vibrant and engaging entrance to its flagship destination Grand Central – the retail and F&B destination integrated with the busiest transport hub outside London, Birmingham New Street. The first phase of the project … Continue reading

Schoenherr advises Immofinanz on its acquisition of 5 retail shopping parks in Slovenia

Schoenherr Slovenia advised Immofinanz AG on the purchase of a real estate portfolio consisting of five shopping centers (“QCenters”) from Centrice Real Estate. “We were delighted to support Immofinanz in this exciting project” said Schoenherr partner Bojan Brežan, who led … Continue reading

Eleventh Manufactum department store opens in Hanover, Germany

After the opening of the first intenational department store in Vienna, this year Manufactum opened his eleventh location on Georgstraße in Hanover. On a sales area of about 700 sq m, the three-storey shop provides products from the fields of apparel, … Continue reading

Master Management Group is developing a new shopping and service concept

Master Management Group will increase the size of its portfolio by taking on the responsibility for the lease of the new retail and service space in Stara Papiernia which will be created through the extension. Big changes await the center, … Continue reading

Sonae Sierra wins in “Euromoney Real Estate Awards”

In the 2019 edition of the Euromoney Real Estate Awards, the Company was voted # 1 in the categories of Best Retail / Shopping Developer in Western Europe, Best Developer Overall and Best Retail Developer in Portugal. To Fernando Guedes … Continue reading

ECE and Hermes hold topping-out ceremony for new logistics center in Ansbach, Germany

Construction work on the new warehouse for Hermes Fulfilment and the new main transshipment base for the Hermes Einrichtungs Service in Ansbach, Germany, is progressing rapidly, with the shell having recently been completed in the project that began in late … Continue reading

Commerz Real sells retail shopping center near Lisbon

The property has been in the portfolio of Commerz Reals’ open-ended real estate fund hausInvest since its completion in 2009. It was agreed that confidentiality be maintained on the purchase price. Located in the town of Montijo, Montijo Retail Park … Continue reading