Monthly Archives: June 2020

People in move

Outlet Village Pulkovo footfall increased by 20% during the first week after covid-19 restrictions were lifted

On June 8, 2020, most stores in Outlet Village Pulkovo welcomed back its visitors. During the first week after reopening, outlet village’s footfall was 20% higher compared with the same period in 2019. Such results indicate that customers are happy … Continue reading

GfK study on European retail

The shocking impact of the Covid-19 pandemic goes far beyond the entire retail industry, as analysts and statisticians are facing unforeseen challenges as well. Due to the current uncertainty resulting from the corona crisis, the geomarketing specialist GfK deliberately foregoes … Continue reading

“Prospekt” shopping mall has the highest traffic rate among Ukrainian malls

The team of the industry online edition Retailers.ua has prepared the rating of visits to Ukrainian shopping malls in the capital and in the regions during 2019. According to this study, “Prospekt” has become the most visited shopping mall. During … Continue reading

Global crises require exceptional leadership

The Green Recovery is an alliance of 180 political decision-makers, business leaders, trade unions, NGOs, and think tanks, calling for a renewed commitment by all stakeholders to address the social and economic consequences of the coronavirus outbreak, in addition to … Continue reading

Real Estate Brand Award 2020: ATP is still Austria’s strongest architecture brand

This is the seventh “Brand Oscar” to be awarded to the integrated design office. The title of Austria’s strongest architecture brand has gone to ATP every year since 2014. The Real Estate Brand Award is one of the real estate … Continue reading

After restrictions are lifted Outlet Village Belaya Dacha shows last year’s footfall level

Compared to the common trend in Moscow’s shopping centers where the number of visitors decreased on average by 40% year-to-year, the outlet format turned out to be more stable for the period after restrictions were lifted. Thus, from June 1 … Continue reading

Looking to the future with optimism

By Eduardo Ceballos The shopping centers and retail parks sector has always been one of the most active and successful in Spain. In 2019, shopping centers and retail parks received over 1.9 billion visits (1.6% more than in 2018), recorded … Continue reading

The consequences of the lockdown

By Lisette van Doorn It has been a very uncertain time for the retail real estate market. Prior to Covid-19, the sector was already facing structural challenges due to the growth of e-commerce and other shifts in consumer behavior, but … Continue reading

centre:mk kick starts business in Milton Keynes

Consumers across the country flocked to the shops, and average transaction values at centre:mk were four times higher than pre-covid levels, as footfall soared on the first day back. Shoppers were asked to play their part and abide by the … Continue reading

Martin Kaleja appointed CEO of Swiss Prime Site Immobilien

Born in 1972, Martin Kaleja is a German citizen and will assume his new role within the Swiss Prime Site Group on 1 January 2021, taking over from Peter Lehmann. Between 1992 and 1997, Martin Kaleja studied electrical engineering and … Continue reading

IMMOFINANZ: Extension of Executive Board appointments for COO Dietmar Reindl and CFO Stefan Schönauer

The composition of the Executive Board remains unchanged with Ronny Pecik (CEO), Dietmar Reindl (COO) and Stefan Schönauer (CFO). Dietmar Reindl has held key management positions with IMMOFINANZ since 2012 and was appointed to the Executive Board in May 2014. … Continue reading

Claudia Karschti is the new Director of Human Resources at Unibail-Rodamco-Westfield Germany

Claudia Karschti takes over her new responsibilities from Bruno Bittis, who has been with the company since 2008 and has had a significant influence on the areas of Human Resources and Organisation. As Director of the Human Resources team, Claudia … Continue reading

A time of regulations and restrictions

ACROSS: Europe has been hit hard by Covid-19; have you found that one of the territories Atterbury Europe operates in has been more affected than the others, in terms of restrictions and regulations imposed on the populations?  VLAD VALCEA: Measures in … Continue reading

Maya Capital teams up with Jared Hart to launch UK retail vehicle

Maya Capital LLP, announces it has hired Jared Hart to oversee the launch of a new investment vehicle targeting UK retail assets in need of regeneration. Jared Hart has 15 years’ experience working in the retail real estate sector. Prior to … Continue reading

New Project in Islington – Angel Central Shopping Centre

The project, for CBRE Global Investors, includes the elevation of an existing ‘Angel Wings’ sculpture and construction of a new pedestrian link bridge including balcony extensions to the first-floor walkways. An innovative lifting process has been developed to lift the … Continue reading

VIA Outlets reports encouraging brand sales and footfall figures as European portfolio reopens post Covid-19

Trading performance after reopening has been encouraging across both brand sales and, where there are no government-imposed caps on visitors, footfall. In most centres, sales per visitor (SPV) increased considerably versus the same period last year. This is explained by … Continue reading

Klépierre promotes Julien Goubault to general secretary

Julien Goubault joined Klépierre in October 2016 as Chief Communications Officer, in charge of financial and corporate communications, public affairs and coordination of the CSR policy. The Klépierre Executive Board has promoted Julien Goubault to General Secretary effective June 1, … Continue reading

New job for Kurt Müller

Kurt Müller has recently taken over management of the Forum 1 shopping center at Salzburg’s central station in Austria. He follows Verena Wegscheider who left the company at her own request and on the best of terms. With 36-year old … Continue reading

Can residential be considered within a conversion to mixed-use?

By Sarah Cole Pre-pandemic, an oversupply of retail space was evident as retailers reduced the number of stores needed to serve a catchment. Retail valuations have also been under increasing pressure with softening cap-rates as the risk premium for retail … Continue reading