The award winners were delighted. Image: ICSC
Development | Feature

And the 2019 European Shopping Centre Awards go to…

In Barcelona, the ICSC once again selected the most outstanding new refurbished and established shopping centers in Europe.

The atmosphere was full hope and suspense on April 10 at 5pm in the main room of the conference center at the Fairmont Rey Juan Carlos I hotel. After all, the winners of the 2019 European Shopping Centre Awards were about to be announced. The ICSC has been awarding prizes to the most outstanding new, refurbished, and established shopping centers in Europe since 1977. The awards are recognized as most prestigious in the field of European retail real estate.

So, who were the happy winners in the Catalan capital? In the category “Small/Medium Refurbishments and/or Expansions” the ICSC commended Smart Park in Athens, Greece. The award for “Large Refurbishments and/or Expansions” went to Sonae Sierra‘s CascaiShopping in Cascai, Portugal. There also was a commendation in this category – for the PEP Einkaufszentrum in Munich, Germany.

TH Real Estate and ECE completed the most comprehensive modernization of PEP in Munich Neuperlach that had ever been launched for the 1981-built shopping center so far. It earned the ICSC’s commendation in the category “Large Refurbishments and/or Expansions”. Image: ECE / Heiko Meyer

A commendation for Danzig

Let’s continue with the winners. The award for “Extra Large Refurbishments and/or Expansions” went to Citycon’s Iso Omena in Espoo, Finland. “Iso Omena is our largest shopping center and the crown jewel of our portfolio. It represents our vision for a successful shopping center concept in the 2020s. It is great that Iso Omena has been noticed and awarded by the ICSC in its international competition,” said Sanna Yliniemi, Vice President, Operations Development at Citycon.

ECE’s Adigeo was awarded in the category “Best New Development”. It is one of Italy’s biggest and most modern inner-city shopping centers. Image: ECE

New projects were awarded as well, of course. Apsys‘ Muse in Metz won the award for “Small/Medium New Developments”. The one for “Large New Developments” was awarded to Adigeo in Verona, Italy, to the delight of ECE. Joanna Fisher, CEO of Center Management and member of the ACROSS Advisory Board, said: “We are very happy to have won this award. We are glad that we could contribute to the further development and strengthening of the surrounding urban district of Verona with Adigeo. The center’s expansion by additional areas during the construction phase shows how well Adigeo is accepted by retailers and the population.” In its statement, the ICSC particularly highlighted the impressive architecture as well as the modern and innovative orientation and the overall concept, which is geared towards comprehensive sustainability. Multi’s Forum Gdansk in Danzig, Poland, was commended in the category “Large New Developments”.

Multi’s Forum Gdańsk in Poland opened in May 2018 and won a commendation in the “Large New Developments” category. Image: Multi

Iso Omena awarded twice

In the category “Extra Large Established Centers”, Highcross in Leicester, UK, stood out with a commendation. The Catharinasteeg in Leiden, the Netherlands, gladly received a distinction in the “Regeneration” category. Last but not least, a distinction in the “Resource” category went to Citycon’s Iso Omena. As mentioned before, this mall in Espoo, Finland, also won in the category “Extra Large Refurbishments and/or Expansions”. Two is always better than one.

Citycon‘s expansion project for Iso Omena was completed in spring 2017. The scheme in Espoo now has over 100,000 sq m of GLA, of which retail premises cover 85,000 sq m. It was awarded in the category “Extra Large Refurbishments and/or Expansions”. Image: Citycon


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Industry meeting in Barcelona

The Catalan capital is always worth a visit – especially on April 10 and April 11, 2019. On these two days, the ICSC welcomed its guests at the European Conference & Exhibition. The event’s motto was “Space, Place and the Future of Retail.”

Getting closer to the customers

The paradigm shift in the retail and retail real estate industry were the key issues at this year’s ICSC European Conference in Barcelona. The industry’s big players adapt their business models to bind current and future customers even closer to stationary retail. Ingka Centres, formerly IKEA Centres, emphasizes new “meeting place” concepts in the hearts of cities as well as increased manpower.

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Why buy when you can borrow?

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Solid presentation

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