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ACROSS

October 2019

“We make brick-and-mortar products viewable online”

As Chief Digital Officer of ECE, Philipp Sepehr is responsible for ECE’s “Digital Innovation & Analytics” unit. In this interview, the 36-year-old reveals how the collaboration with OTTO came about, what both companies expect to gain from it, and why the Stocksquare joint venture was founded.

Opening of Aschaffenburg Markthalle

Following the construction of the Markthalle in Braunschweig, real planned and built the Aschaffenburg Markthalle together with the Metro Properties project team.

Projects & Openings International

Lead8 has recently unveiled its design for the Shanghai ITC mixed-use destination being developed by Sun Hung Kai Properties +++ Nakheel is investing AED 114 million in roads and bridges that will provide direct access to Al Khail Avenue in Dubai +++ Mitsui Fudosan has announced that work on Mitsui Shopping Park Nangang is progressing steadily +++ A new retail and entertainment scheme in the Egyptian capital of Cairo, which will be supported by the EBRD, will be environmentally friendly and create jobs for young people

Mall of Tripla, Finland, opened its doors

Mall of Tripla, built to be the heart of the Tripla complex and the largest shopping centre in Finland and the Nordic countries with 250 retail spaces, offers a variety of new cultural activities and experiences in addition to a wide range of shops and restaurants.

Projects & Openings Europe

Unibail-Rodamco-Westfield’s (URW) Westfield Mall of the Netherlands will be located in the Randstad area, the economic heart of the country, which includes four of the nation’s largest cities: Amsterdam, Utrecht, The Hague, and Rotterdam +++ Ingka Centres has recently unveiled a major new park at its Mega Ekaterinburg mall in central Russia +++ Broxbourne Borough Council and Hertfordshire County Council have selected Sovereign Centros as their development partner for a £400 million mixed-use scheme at Brookfield Riverside in Cheshunt, Hertfordshire.

“Marketing activities targeted the wrong audience“

In April 2018, the ownership structure of Westgate Shopping City in Zagreb changed. Focus Invest is now its sole owner and center management will be handled by F.O. / Group. ACROSS talked with Denis Cupic, Head of Asset Management at Westgate, about the new positioning of the once ailing mall.

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THE LEVEL OF EXCELLENCE WE SHOULD STRIVE FOR TODAY AND TOMORROW
Originally developed solely to meet the daily needs of consumers, shopping centers quickly became an asset class. The model worked very well for a long time, but as consumer behavior has changed, so have the requirements of tenants, operators and investors. The obvious task to satisfy customers, business partners and stakeholders is: Get your customers to return to your locations. Clear differentiation and positioning as well as a clear focus on people are crucial.
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