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May 2022

Over 80% of the redevelopment of Atrium Promenada in Warsaw is now pre-leased. Upon completion, the refurbished flagship will house over 150 retail and service units in the latest concepts. The completion of the renovation is scheduled to open in the second quarter of 2023.

The 24th Retail Symposium showed that – despite the turbulent times – the Austrian retail and retail property sector is by no means pessimistic about the future. The industry rather works on new concepts and possibilities to tackle new challenges with determination.

The largest exhibition center in the Nordics for exhibitions, conferences, and events, is now even better and safer; as the first exhibition center in the Nordics Stockholmsmässan has become a ”SHORE CERTIFIED GOLD” exhibition center.

MPC organized the two art exhibitions – “Art Revolution – Art That Comes to Life” in UŠĆE Shopping Center, and the exhibition of NATIONAL GEOGRAPHIC photographs “Women: A Century of Change” on the occasion of celebrating Women’s Day, which took place in the three shopping centers: BEO Shopping Center, UŠĆE Shopping Center, and Mercator Center.

Altera Vastgoed has acquired off-market local shopping center Het Stroink in Enschede (NL) from WP Retail Invest CV (“WPRI”). The center has recently been renovated by WPRI to create a retail complex with a pharmacy, a medical center, three primary schools, a nursery and a petrol station.

The lifestyle center in the city of the Olympiads takes shape between outdoor sports fields, experimental formats, fresh goods markets and latest-generation cinema. 60% of the surfaces have already been signed by leasing department of Nhood Services Italy.

The pandemic has confirmed the resilience of Immofinanz’s low-cost retail formats and has resulted in the introduction of new concepts. Immofinanz Board Member Dietmar Reindl spoke with the publisher of ACROSS Magazine, Reinhard Winiwarter, about the resilience of retail relationships, the need for more service, and the company’s expansion plans.

Vienna’s Neubaugasse in the seventh district has developed well in recent years. It has once again become a shopping street with many specialty stores and places to sit and linger. Strolling around here is fun again.

Mitiska REIM announced it has secured €110 million in green loan financing agreements with KBC Bank, in several transactions including €58 million to refinance Malinas retail park, and a further €42 million to fund acquisition opportunities in the Netherlands.

The Inditex clothing brand, Bershka, is marking its regional debut at Liverpool ONE. Spanning 743 sq m on South John Street, the space houses, the brand’s three main lines: Bershka, BSK and Man, as well as a number of exclusive ranges.

Around 30 years ago, a trendsetting Kaufland store opened in Erfurt-Herrenberg (Erfurt, Germany). Now it has been honored by the “Stadtimpulse” initiative as Best Practice 2022 in three categories: Innovation in Retail, Urban Design and Real Estate, and Experience and Living Space.

For more environmentally friendly mobility: Schwarz Group expands its network of EV charging stations across Europe. The corporate group will install around 6,200 new EV charging points at store locations of its retail divisions.

Coca‑Cola Great Britain announces the launch of its first flagship store in London. Located on Long Acre, Covent Garden, the new retail destination offers a range of limited-edition apparel collections, exclusive designer collaborations, gift items, and unique drinks creations.