LATEST TRENDS AND PROGRESSES IN ASSET AND CENTER MANAGEMENT

Management

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“Upbeat Sounds, Such as Pop, Soul, and Funk, Are in High Demand”

Shopping areas, which owe their appeal, in part, to the vibrant atmospheres that are generated by larger crowds, are currently constrained by the safety measures that have been put into place as a result of Covid-19. Well-curated music can be used to fill the vacuum. Arndt-Helge Grap, Managing Director of Radiopark, understands this, and much more, all too well.

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.

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Placemaking Trends: The experts’ assessments

The Covid-19 pandemic brought massive changes to the entire retail real estate and placemaking industry. A lot of negative developments, but also a number of opportunities and possibilities for the future. We asked the following industry experts to share their opinion on the matter.

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“Catchment Areas Are Changing”

As a Member of the Management Board of the Spar Group, Marcus Wild has been responsible for real estate, the sports retail chain Hervis, and business process management since January 1, 2021. He is also responsible for SES, a shopping center subsidiary, which he steered to market leadership in Austria and Slovenia in his role as CEO. In this interview, we speak with an industry player who has “switched sides”.

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Challenging Times for Leasing Departments

The primary focus remains on preventing further vacancies, reports Christine Hager, Managing Director of the redos Group. For the most part, the goal is being met by means of interim leases, for example, for pop-up stores, service concepts, and coronavirus quick-test centers.

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Food and Beverage Down Under

A look at Australia: A “Hospitality Mindset” to drive sales and deliver positive experiences in spite of Covid-19.

Outlook 2021

Most experts in the European placemaking industry have adopted a consciously positive stance with regard to the recently commenced business year.

Vacant retail spaces as Instagrammable experiences

Although empty shop windows have always been part of running a shopping center, there are more around than most center managers might like. The good news is that they are opportunities to create bite-sized experiences that support the trend towards “shoppertainment”.

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“There is no Playbook for this Situation”

The most difficult part of business is making decisions during a crisis, explains Walter Seib, CEO of HMSHost International, with regard to the Covid-19 pandemic. He believes that as countries open up and vaccines become available, people will travel and return to airport F&B.

Seeking maximum efficiency

Why Lean Management is an imperative for future-proofing our shopping centers.

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Pop-up Shops – Particularly during Times of Crisis

“Long-term contracts and high upfront investments have become rare, even for large established brands.”

Always a Cross-European Team Effort at Multi

Asset Management Directors Diederik Bakker and Harold van Riel and their asset management teams work closely together at Multi Corporation. This major pan-European retail service platform manages and redevelops retail properties across 14 countries in Europe and Turkey. How do they maintain sustainable asset value in a health crisis such as the current Covid-19 pandemic?