Ticker

ACROSS becomes “The European Retail Real Estate and Placemaking Magazine”

Due to the industry’s serious changes we decided to substantially expand the scope of our reporting: more retail, more leisure, more gastronomy, and more mixed-use.

The European retail real estate industry is yet again facing serious changes. The flow in the big developers’ development pipelines is decreasing significantly. New developments of conventional shopping centers in Central and Eastern Europe are in short supply; we believe that this trend will even intensify. Zoning decisions for straight forward retail projects are getting harder and harder to obtain on the continent. Retail space per capita seems to have reached its upper limit. The former lessor market is gradually turning into a lessee market. Even the needs and standards of today’s European consumers differ substantially from those of the past.

But how does the industry react to these distortions? The line of approach is obvious: the guiding principle of major developers is to move away from properties that are used exclusively for retail purposes and towards mixed-use projects. It is peak season for these mixed-used approaches. The industry tries to meet the requirements of this new reality with a mix of living, working, shopping, leisure, and entertainment. Public spaces are discovered, conquered, utilized, and managed. Multifunctional buildings and open spaces reflect our time’s changing life conditions. The “new way” seems promising, as several highly successful projects, which were realized in the recent past, already prove.

We are not ignoring this trend either. After numerous internal and external discussions, we decided to substantially expand the scope of our reporting. More retail, more leisure, more gastronomy, more mixed-use, and more placemaking is what we are aiming for in 2020 and the years to come. Therefore “ACROSS – The European Retail Real Estate Magazine“ has now become “ACROSS – The European Retail Real Estate and Placemaking Magazine“ to publicly reflect our editorial evolution.

We are confident that this step will enable us to inform you even more comprehensively and precisely about the events and trends of the retail real estate and retail industry.

Sign up for our ACROSS Newsletter. Subscribe to ACROSS Magazine.

Ticker MORE

Why Proximity Marketing is the Future of Customer Engagment for Retail

According to Coniq’s paper, geo-loyalty, the integration of proximity marketing, and customer loyalty programs are the future for retail destinations because they effectively engage consumers in-store AND online.

Ingka Centres enters the Indian market with its first IKEA anchored destination in Noida, India

Ingka Centres, part of the Ingka Group, (which also includes IKEA Retail and Ingka Investments), has taken its first step to expand into India with a major land acquisition in India.

DEICHMANN to open a new store in Colosseum Mall in Bucharest

Colosseum Mall signed with the German retailer DEICHMANN to open a 500 s qm store, as part of the current expansion plan of the commercial center. With a network of over 100 stores across Romania, DEICHMANN comes one step closer to the community of North-West Bucharest, in an area of ​​continous rising retail and residential segments.

People in move

Recruitments, promotions and appointments...

NEINVER reaches agreements with 98% of tenants across its European portfolio

In total, the company signed close to 1,500 leasing deals in 2020, including tenant rent negotiations, new leases and renewals. The resilience of the outlet industry is reflected by positive consumer demand whenever restrictions eased or lifted during 2020.

Cushman & Wakefield makes UK customer experience appointment

Cushman & Wakefield has appointed customer experience specialist Michelle Gloder as Head of Customer Experience within its UK Asset Services team.