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Lifestyle Outlets, part of Peel L&P, has reported another year of strong results, with growing footfall and sales figures bucking the national retail trend across its two operational centres in Manchester and Gloucester, despite market uncertainty surrounding Brexit and a late General Election.
centre:mk, one of the top 10 shopping centres in the UK (released by GlobalData), is bucking the nationwide trend of declining footfall, and has reported that the centre’s footfall is up +2.5% YOY.
Wereldhave has taken notice of recent media attention about the possible intention of Hudson’s Bay Company (HBC) to close its operations in the Netherlands by the end of 2019.
Neinver – a leading investor, developer and operator in the European outlet centre industry and the largest operator in Spain and Poland – has announced that sales across its outlet portfolio grew to €487M during the first half of the year, an 8% increase compared to the same period in 2018. The number of visitors to the 16-outlet-centre portfolio also rose by 3% to 21 million.
The portfolio of 15 outlet centres in Europe welcomed 42.3 million visitors in 2018.
Visitors to the centers in Spain, France, Germany, Italy and Poland totaled 41.7 million in 2017.
The shopping centers managed by Austria’s market leader SES Spar European Shopping Centers (SES) remained on a successful trajectory in 2017 and once more outdid the outstanding performance of the previous year.
Neinver continues delivering year-on-year sales and footfall increases across its outlet portfolio. In 2017, the company recorded over €917 million in sales, a 5% like-for-like increase compared to the previous year, and welcomed more than 41.7 million visitors across its portfolio of 15 outlet centres in Spain, Poland, France, Germany and Italy.
Based on preliminary figures, shopping center investor Deutsche EuroShop closed financial year 2019 with good operating figures that partially met or exceeded forecast. However, the financial implications for the 2020 financial year of the continued spread and unpredictable duration of the corona virus pandemic cannot be quantified at this stage.
China is fighting hard with the economic consequences of the coronavirus pandemic, as the country’s industrial production shrinks for the first time in three decades.
Europe’s leading designer outlet company, McArthurGlen, has appointed Victor Busser as Group Managing Director Leasing, with effect from January 6, 2020.
Alberto González de las Heras now leads asset management in France, Italy, Portugal and Spain.
ATP’s DO Croatia has made history in the field of sustainability. In a certification process accompanied by ATP sustain the outlet has become the first building of its type in Croatia to be awarded BREEAM “Excellent” post construction certification.
“In July 2019, Retuna recorded its highest turnover. That proves that our concept works and that we can be role models for future retail.”
“Another factor not to be underestimated in terms of quality of stay are the restrooms, whose cleanliness many visitors regard as a litmus test for the general condition of a shopping center – just like they would in a hotel room.”
Parndorf Fashion Outlet and Freeport Fashion Outlet – both in the greater Vienna area – have been expanded and extensively refurbished, in the Art Nouveau style, over the last few years. This effort has resulted in double-digit growth. The next step, which centers around attractive displays and an experience element when shopping, is currently being taken.
Leasing lies at the core of the shopping center business. Wolf Theiss has developed a web-based software platform, Lease.IT, that simplifies and accelerates the rental process.
Lenton will become an Executive Director on joining the Company on September 16, 2019 and will take over the role of CFO with effect from October 1, 2019.
Dutch company Chainels' platform provides the tools that are necessary to reach and engage mall stakeholders.