September 2020

ACROSS interviews Constantin Wiesmann, Director of Leasing, and Anna Laura Riemann, Senior Leasing Manager, responsible for Westfield Hamburg-Überseequartier, of Unibail-Rodamco-Westfield (URW) in Germany. They talk about current challenges in retail, omnichannel models, the future of the industry, and the Group’s key project, Westfield Hamburg-Überseequartier.

Grosvenor Europe has announced that Japanese-inspired lifestyle brand, Kenji, has officially unveiled its new retail concept at 45 South John Street within Liverpool ONE. It is the first of three new concept stores to be launched by the Manchester-based retailer across the North West.

Capital & Regional, the UK’s leading owner and manager of community shopping centres, opened a major new 23,000 sqft Matalan store at The Mall Maidstone. This is confirmed as the only new store to be added to Matalan’s UK portfolio in 2020, and takes up the last remaining former-BHS space in the Capital & Regional’s portfolio. The Matalan opening coincided with PureGym, the UK’s largest gym operator, which will start fitting out its new fitness facility at the centre in November.

Pradera European Retail Parks, the owner of HOMEPARK retail parks, has signed a lease agreement with Lidl. The retailer’s 2,000 plus sq m store will be located in Homepark Targówek in Warsaw.

The New York fashion company Polo Ralph Lauren is opening a new 160 square meter store on the first floor of the Mall of Berlin in Berlin-Mitte. The opening is scheduled for mid-November 2020.

The direction of development of the European company in Poland is primarily the further implementation of innovative, highly aesthetic projects in line with the idea of sustainable construction.

IKEA has an ambition to become climate positive, reducing more greenhouse gas emissions than the IKEA value chain emits. For Ingka Group, this means that the future of energy is renewable, and that’s why it has invested heavily in wind and solar power over the past decade. Most recently, IKEA Finland, through Ingka Investments, has completed and transferred the ownership of three new wind farms to IKEA Oy.

Swiss Prime Site Immobilien AG decided to transform the regional shopping centre A1 in Oftringen into an attractive retail park at the end of 2018. The centre, which was previously used by small-scale general goods retailers, was to be converted into a spacious, modern meeting point to appeal to do it yourself (DIY) customers in particular.

The new, close relationship with customers. These are the strategies that retailers and operators apply to prepare for life after the crisis.

“It will be important for retailers – particularly smaller retailers that do not have their own online platforms – to be connected to a larger, joint partnership-oriented platform and to utilize their own stores as warehouses as well to make deliveries to buyers from the stores.”

MEC METRO-ECE Centermanagement GmbH & Co. KG is successfully continuing its growth strategy. As of October 1, 2020, the German market leader for retail parks takes over ten retail properties of HanseMerkur Grundvermögen AG in Bavaria. The total rental space of this “Bavaria portfolio” amounts to just under 60,000 sq m.

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