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The construction of Designer Outlet Kraków is at an advanced stage, with the building reaching the open shell phase. Located in Kraków’s city center at one of the most popular arteries in the city, Designer Outlet Kraków will benefit from a catchment area of almost 5 million inhabitants and a great tourism potential. The opening is planned for spring 2025.

In general, European consumers have not changed their purchasing habits significantly in the past year, but have remained the same throughout the year.

The placemaking industry is increasingly realizing that established retail business models and their 1:1 replication across multiple locations are no longer effective. Rising digitalization, climate change, post-pandemic effects, and political and economic instabilities are leading to societal changes that profoundly manifest in altered consumer behavior, explains Oliver Zügel, Chairman GALLUP Swiss & Board Member at evAI.

“In the future, shopping centres will look different to how they do today, but if they lean into the change, they can be just as successful as they have been in the past,” states Thomas Mark, President of MK Illumination, and Member of the ACROSS Advisory Board, in the latest “Industry Outlook 2024”.

Festive lighting and seasonal decorations remain key to creating the right ambience and attracting visitors during the holiday season. By collaborating with a sustainably-minded festive lighting supplier that offers creativity, innovation, and experience, centers can achieve two objectives: They can support internal sustainability targets and maintain their positions as vibrant community hubs.

Despite a challenging market environment across the board, the Tyrolean lighting artists from MK Illumination were able to achieve some real highlights this year. With revenue estimated at 165 million euros, the globally active company will have had the most successful year in its history once again.

The development of new outlet centers is always an exciting prospect, both for consumers looking for great deals and for developers seeking to create profitable ventures. However, an ongoing debate in the realm of outlet center planning revolves around whether leisure facilities should be an integral part of these retail destinations. Giles Membrey, Managing Director of Rioja Estates Ltd. explains the pro and contra arguments.

“Quarters are not defined by their developers, but by those who use, work, and live in them”, stated Christoph Andexlinger, Chairman of ACSP, and CEO of the Austrian shopping center market leader SES, in his opening speech at this year´s congress, which focused on city and town quarters, while presenting not only new ideas, but bringing numerous examples of quarters in practice.

Luxury is more resistant than any other retail segment – especially in times of crisis. However, consumers are changing. For the new consumer generation, luxury has a new definition. Both brands as well as retailers have to adapt to this development.

WECONSULT is an Istanbul-based consultancy company for the commercial real estate and retail industry, an excellent market expert, and a partner of the ACROSS Study Tour. Ortaç Özortaç, Partner at WECONSULT, explains the Turkish market’s potential and why and how Turkish brands are becoming increasingly popular.

Madame Coco is following an ambitious expansion plan. France, Spain, England, Poland, Germany, the Netherlands, and the Czech Republic are on the company’s list. Cem C. Işık explains the strategy and why the expansion plan includes establishing physical retail stores and integrating e-commerce operations.

Our new playground for the last two years has been Europe, states Serdar Ersoy, the General Manager of DeFacto’s Alternative Sales Channels and Business Development. At the end of 2021, DeFacto opened its first new-generation store in Berlin and has expanded throughout Europe. In this interview, Ersoy explains market challenges, how DeFacto introduced a new-generation franchise model, and why DeFacto is not only a retail but also a tech company.

How far along are companies in the sustainable orientation of their proper ties? WISAG’s eleventh Sustainability Radar investigated this with its study entitled “EU taxonomy – Where does the real estate industry stand?” The result: property owners are calling for more concrete specifications.

Buildings are one of the main contributors to CO2 emissions: They are responsible for nearly 20% of greenhouse gas emissions worldwide. In addition, maintaining inefficient building systems costs real estate companies dearly. As Martin Gruber, Director Europe at BrainBox AI, explains, BrainBox AI is the market leader in Autonomous Decarbonization services to accelerate your decarbonization journey powered by Artificial Intelligence.

Retail property revitalization and valuation is a complex process that aims to increase a property’s value and make it more attractive to retailers and customers. HBB sheds light on the various aspects of this process, including analyses, costs, steps, success factors, and necessary partners. A site-specific approach is elementary, as the Rathaus Galerie Essen example shows.