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February 2020

Hammerson has exchanged unconditional contracts on the sale of a portfolio of seven retail parks to Orion European Real Estate Fund V for a headline price of £400m with expected net proceeds of £395m.

The industry’s magic word that is supposed to upgrade locations and make them future-proof.

“Online neighborhood and event-centric groups and forums have provided suitable non-physical spaces for public discussions – sometimes referred to as urban acupuncture.”

That certainly applies to EuroShop, the retail trade fair that took place in Düsseldorf, Germany from February 16 to 20. It was the perfect place for the EHI Retail Institute and Messe Düsseldorf to present the EuroShop RetailDesign Awards (ERDA) 2020.

umdasch The Store Makers are presenting new perspectives for the retail sector of the future on a fair stand extending over 900 square metres at the EuroShop in Düsseldorf from 16–20 February 2020. In an integral tour of all sectors of retailing visitors can experience multimedia ideas, unusual materials and countless opportunities for profitable measures at the point of sale.

On February 13, the eagerly anticipated McArthurGlen Designer Outlet Málaga opened to the public. The first of its kind in the south of Spain, the new designer outlet offers both local and international visitors an extraordinary shopping experience, combining fashion, culture and entertainment, all in a beautiful setting with savings of up to 70%.

In the new Terminal C of Moscow’s Sheremetyevo Airport, Sheremetyevo Duty Free – a joint venture between the airport, Gebr. Heinemann and Greenway – launched its luxury market place with the opening of two multi-brand stores in the categories Fashion & Accessories as well as Watches & Jewellery (FAWJ).

During the year, which saw several retailers experience challenging times with slowing growth, Ingka Group registered close to a 50 percent increase in online sales and more people visited its IKEA stores than the year before. ​

Silesia Outlet in Gliwice, Poland, is set to join the FACTORY brand, the leading platform of outlet centres in the Polish market, changing its name to FACTORY Gliwice.