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Search Results for: Metzingen

Outletcity Metzingen in Germany /// © Outletcity AG

Avant-Garde Luxury in Outletcity Metzingen

The shopping destination is on the path to set new standard in the world of luxury fashion, and the latest step on this path has been the opening of the first Maison Margiela outlet store in Germany.

Future Retail at Outletcity Metzingen

The designer outlet in the German state of Baden-Württemberg takes shopping to the next level across all channels. Managing Director René Kamm presents Outlet 3.0.

John-Patric Staudacher, new Senior Consultant for IPH Gruppe /// © John-Patric Staudacher

John-Patric Staudacher becomes Senior Consultant to IPH Gruppe

The IPH Gruppe is strengthening its team with John-Patric Staudacher as Senior Consultant for the Stuttgart region. He will support the company in expanding its advisory services and attracting retail tenants for the properties managed by IPH in southern Germany. He will report to Philipp Klein, Director Leasing at IPH.

Ken Gunn | © Ken Gunn Consulting

European Outlet Review

The number of stores operating at European outlet centres increased by 0.5% to 15,748 in the twelve months to August 2024. This is the greatest number ever recorded. The number of brands operating at European outlet centres also increased 1.4% to 4,536. This is 0.7% greater than in 2019.

Credit: Bicester Village/Hammerson

Hotels play an important role in positioning outlet destinations

Tourism and shopping belong together – this is most visible within the outlet industry. Many outlet centers are located in leading tourist zones and traditionally work together with the tourism authorities. Outlets and tourist destinations understand and present themselves as a unit. This means that the outlet industry is one step ahead of the shopping center industry, but there is still a lot of potential here, since 10% of the European outlet centers have hotels at their sites.

Andreas Löcher, Head of Investment Management Operational (left), and Roman Müller (right), Head of Investment Management Retail at Union Investment. /// credit: Union Investment

Polarization is the trend of the moment: “We’re on the lookout for polarization winners”

The retail and hotel asset classes are both geared towards the consumer, clearly benefit from tourism and are impacted by the “luxury vs. budget” polarization trend. Six months ago, Union Investment therefore decided to bring together its retail and hotel investment teams by establishing an Investment Management Operational department. The Hamburg-based investment and asset management company is targeting synergies and opportunities for its portfolio in the two property categories and considering acquisitions. Andreas Löcher, Head of Investment Management Operational, and Roman Müller, Head of Investment Management Retail, discuss the megatrends affecting both asset classes, highlight other similarities and identify locations of particular interest.

Credit: Bicester Village/Hammerson

Hotels play an important role in positioning outlet destinations

Tourism and shopping belong together – this is most visible within the outlet industry. Many outlet centers are located in leading tourist zones and traditionally work together with the tourism authorities. Outlets and tourist destinations understand and present themselves as a unit. This means that the outlet industry is one step ahead of the shopping center industry, but there is still a lot of potential here, since 10% of the European outlet centers have hotels at their sites.

Andreas Löcher, Head of Investment Management Operational (left), and Roman Müller (right), Head of Investment Management Retail at Union Investment. /// credit: Union Investment

Polarization is the trend of the moment: “We’re on the lookout for polarization winners”

The retail and hotel asset classes are both geared towards the consumer, clearly benefit from tourism and are impacted by the “luxury vs. budget” polarization trend. Six months ago, Union Investment therefore decided to bring together its retail and hotel investment teams by establishing an Investment Management Operational department. The Hamburg-based investment and asset management company is targeting synergies and opportunities for its portfolio in the two property categories and considering acquisitions. Andreas Löcher, Head of Investment Management Operational, and Roman Müller, Head of Investment Management Retail, discuss the megatrends affecting both asset classes, highlight other similarities and identify locations of particular interest.

Ken Gunn | © Ken Gunn Consulting

EUROPEAN OUTLET RANKING 2023/24: STRONG GROWTH THROUGH EMPOWERED ASSET MANAGEMENT

There are 211 major outlet centres in Europe. Differences in brand line up have created a clear performance hierarchy of sites, which is widely understood by outlet professionals, states Ken Gunn in his lastest European Outlet Ranking. It is possible to use this hierarchy to profile brands by the performance quality of their locations and ultimately rank outlet centres by the strength of brands present.

Modern Lighting for Shopping Centers

Anticipatory planning of natural lighting not only reduces energy consumption, but it also increases the quality of stay for people at shopping centers.

Recently Opened

The Outlet City in Metzingen in the German state of Baden-Württemberg has added another attraction: the L’Osteria restaurant at the Enzian Höfe. In its role as the general contractor, umdasch The Store Makers led the project through the turbulent period of the pandemic, thereby allowing the restaurateurs to focus on their favorite task – providing hospitality.

KGAL IMMOSUBSTANZ ACQUIRES FIRST PROPERTIES

Seed portfolio in the Stuttgart suburbs – KGAL Group’s first open-ended mutual real estate fund, KGAL immoSUBSTANZ, has started with the acquisition of two properties in the fashion outlet city of Metzingen, and in Wannweil (a district of Reutlingen).