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November 2019

Following the leases with fashion labels Costes and Seven Sisters for Forum Rotterdam, this inner city project has entered an important phase; it now has just one vacant retail unit left. A third fashion flagship store will soon be announced. The project marked another important moment with the sale of the listed section of Forum Rotterdam to Deka Immobilien.

MVRDV’s Pixel, an 85,000-square-meter mixed-use development in Abu Dhabi, is now under construction +++ Lead8 has recently announced its appointment to Hongkong Land’s unveiled “Yorkville – The Ring” in Chongqing +++ Montreal will soon be home to Time Out Market +++ Grozny Mall will combine innovative architectural solutions and multifunctional infrastructure

Innovative projects are introduced at Mapic in Cannes every year. This is no different in 2019. Here are a selected few of them.

Unibail-Rodamco-Westfield launches the Westfield brand across ten flagship destinations in Continental Europe with concerts by John Legend, Rita Ora, Aya Nakamura, and Kendji Girac.

On January 27, 2020 the Premium Business Program of Christmasworld will be presenting future-oriented incentives for retailing and urban regeneration.

“The slogan of our current city administration, headed by the Five Star Movement, a populist party, is ‘decrescita felice’ (‘happy reduction’), which serves as a clear sign that their objective definitely does not include the growth of the city.”

The portfolio consists of two prime assets, the ‘Opernplatz 2’ at the entrance gate to Frankfurt’s ‘Goethestraße’ shopping street and the ‘Beursgallery’ department store on Hoogstraat, Rotterdam’s most frequented shopping mile.

On November 7, 2019 McArthurGlen Designer Outlet Ashford officially launched its 100,000sq. ft. expansion with a ribbon cutting ceremony hosted by Peter Corr, Centre Manager, joined by Rt Hon Damian Green. The expansion strengthens the centre’s position as the South of England’s go-to destination for fashion, food and homeware, with over 130 premium brands, restaurants, cafes and guest experiences.

Zagreb’s city center shopping malls need to be transformed into the pseudo living rooms of the Croatian capital. Conversely, shopping centers located on the outskirts of Zagreb have to be developed into supraregional shopping and entertainment destinations.

Shopping centers have been opening up on their sides towards the outdoors for quite some time. Now they are opening up on their rooftops as well. Green and activity roofs are all the rage right now.

“If we take a look at the commercial density figures, we find that Spain is below the European average – and even more so in relation to countries such as the USA, where the density is six times higher and the shopping center model is very different from the one in Spain.”

IMMOFINANZ has successfully completed the repositioning and modernisation of its VIVO! Bratislava shopping center. After a renovation period of nearly 12 months during full operations, the opening of the new shops was celebrated on November 7, 2019.

Atrium European Real Estate’s strategy is to reposition its portfolio towards large, high quality dominant retail centers in prime urban locations and capital cities.