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ACROSS

September 28, 2020

DIY chain Bauhaus opens at A1 retail park, Oftringen, Switzerland

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.

Post-pandemic Retail

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

Moving the Retail Industry Forward

“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 acquires ten new locations in Bavaria

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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THE LEVEL OF EXCELLENCE WE SHOULD STRIVE FOR TODAY AND TOMORROW
Originally developed solely to meet the daily needs of consumers, shopping centers quickly became an asset class. The model worked very well for a long time, but as consumer behavior has changed, so have the requirements of tenants, operators and investors. The obvious task to satisfy customers, business partners and stakeholders is: Get your customers to return to your locations. Clear differentiation and positioning as well as a clear focus on people are crucial.
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