Monthly Archives: February 2020

Outlet Village Pulkovo increased sales by +37% in 2019

The outlet village format continues to attract customers from St. Petersburg and guests of Russia’s northern capital. The growing popularity of Outlet Village Pulkovo is confirmed by the results of the shopping mall in 2019 – compared to last year … Continue reading

Mipim and Its Projects

Axiom | Wakefield, United Kingdom         Booth R7-A18 | Lateral Property Group, in partnership with investment firm Highgrove Group, has announced the plans for the out-of-town retail scheme, located along the M62 and near the existing Junction 32 outlet center. Planning … Continue reading

Ingka Centres Acquires Kings Mall in London

Ingka Centres, which is part of the Ingka Group, has recently acquired Kings Mall in Hammersmith, London. The property was acquired from Schroder UK Real Estate Fund (SREF) and comprises 27,133 sq m, including a parking garage that offers 604 spaces. … Continue reading

Mission 2040 takes off in 2020

By Clemens Brenninkmeijer 2020 has a nice ring to it. It’s a special New Year, the start of a new decade, and only 20 years to fulfill our Mission 2040. Last year, we committed to making our entire portfolio net … Continue reading

store2be closes another financing round and gains new investor for further growth

The Berlin-based PropTech start-up store2be has completed another financing round and is receiving new growth capital in a seven-digit range. In addition to the existing investors Project A Ventures, Hevella Capital and IBB Beteiligungsgesellschaft (via its VC Fonds Kreativwirtschaft Berlin) … Continue reading

New year signing sees Joules added to The Boulevard’s crown

Joules has become renowned for its high-quality clothing and interiors collections. This, along with its strong use of colour, bold prints – all hand-drawn by the talented in-house design team – and unique signature detailing has made the label a … Continue reading

Authentic Brands Group Finalizes the Acquisition of Forever 21

Authentic Brands Group (ABG), a global brand development, marketing, and entertainment company, today announced the acquisition of America’s original fast fashion retailer, Forever 21. ABG and Simon Property Group (Simon) (NYSE: SPG) will each own 37.5 percent, and Brookfield Property Partners (Brookfield) … Continue reading

IKEA Bordeaux contributes to ongoing product recycling push

Returns for Recovery is a program implemented by IKEA Bordeaux which allows customers to return used products in exchange for a discount voucher. Since its launch in 2017, 6,000 customers have participated. The collected products are donated to local charitable organizations … Continue reading

Hammerson disposes of retail parks portfolio

This transaction is the largest UK retail parks portfolio sale in the past decade. The sale follows Hammerson’s strategic decision, announced in July 2018, to exit the retail parks sector over the medium term to create a focused portfolio of … Continue reading


Ask any expert what the immediate future holds for the industry, and you will find that placemaking has been the topic of conversation for quite some time. Boris van Haare Heijmeier, Head of EMEA Retail at Cushman & Wakefield, explains: … Continue reading

Pizzaluxe set to open at Manchester Arndale’s Halle Place

The popular pizza restaurant has agreed a 2,000 sq ft location on a 10 year lease. Pizzaluxe started life as a market stall in London’s Brick Lane, and now has restaurants in Leeds and Manchester Airport, among other locations. The … Continue reading

Additional 62,000 sq m for the Lithuanian capital

In Lithuania, construction works are in full swing for a remarkable new addition to shopping scene: “Vilnius Outlet“ is being developed at full speed. Mitnija is building a 62,000-sq m shopping and entertainment center, which will be situated on the … Continue reading

The Stone Age is over

By Henrie W. Kötter The real estate industry has traditionally been dealing with stones. In this mindset, investment metrics have been centered around assessing the value of the buildings themselves. There is nothing wrong with this approach: We should and … Continue reading

Why making is so important for place

By Sebastian Guth At industry conferences in recent years I listened to various speakers talking about “The Future of Retail”. Some of them implemented ideas that started an exciting thought process. But they also tend to almost seamlessly convey the … Continue reading

… and Then Public Spaces within Buildings

By Gregory Fonseca The concepts behind contemporary placemaking originated in the 1960s, when journalist Jane Jacobs offered groundbreaking ideas about designing cities that catered to people, not just to cars and shopping centers. Her work focused on the importance of … Continue reading

Big events, big awards

The most compelling store concepts came from Switzerland, Spain and Great Britain: Fooby Lausanne Bel-Air in Lausanne, Spar Market Puerto Rico in Mogán, and The Making of Harry Potter in Leavesden.  The jury evaluated the successful interplay of store architecture, … Continue reading

Trei Increases Development Volume by a Third, up to 900 Million Euros

Most notably, it succeeded in the steady expansion of its development activities. The development volume increased by more than 30 percent, climbing from 685 million euros at year-end 2018 to c. 900 million euros by the end of 2019. With c. 730 … Continue reading

NEINVER continues its renovation of Getafe The Style Outlets and confirms the addition of 10 new brands

The company is bolstering the centre’s commercial offer by adding ten new brands and expanding existing boutiques such as the Nike, Adidas, Pull&Bear and Stradivarius. On 26 March, Getafe The Style Outlets will debut its new design and will open … Continue reading

Smart Buildings Challenge: ECE implementing innovative solutions for smart shopping centers

ECE will implement a total of four innovative solutions for smart buildings and test them in real-world situations. The four tech-start-ups were selected from a total of 26 participants in the Smart Buildings Challenge and were presented as the winners … Continue reading

Staging connects: The umdasch world of experience at the EuroShop 2020

The Fair Stand The staging of retail spaces links people and brands. It makes them walkable and tangible and makes them come alive. In line with this theme, the Store Makers at umdasch will present numerous opportunities and facets showing … Continue reading