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Development

CURRENT PROJECTS, TRENDS AND STRATEGIES OF DEVELOPERS

A city center location is always more complicated, expensive, and time-consuming for new retail projects than an alternative on the periphery. Despite these hurdles, investors and developers have created projects across Europe that not only serve existing markets but are also catalysts for growing demand and transforming cities.

FRANCE Créteil Soleil | GERMANY Löhr-Center and PEP | ITALY Adigeo | POLAND Forum Gdańsk and Janki | RUSSIA Riviera | SERBIA Ada Mall | UNITED KINGDOM Eden Walk and The Glass Works

According to Marcin Materny, member of the management board and managing director of the retail department at Echo Investment, there is no potential for traditional shopping centers in Poland. The reason is that the time has come for focusing on spectacular projects like the company’s “Towarowa 22.”

Construction work recently began on the Salaris shopping center in Salaryevo in southwestern Moscow. The Russian capital is thus receiving one more enormous temple of consumption.

Why malls in and around train stations are attracting growing interest in the retail real estate industry.

Cyprus is getting a new shopping center. The Zenon Mall of Larnaca is set to open its doors in October 2019. The name comes from Zeno, the founder of the Stoic school of philosophy.

Mipim, which takes place in Cannes from March 14 to 19, will once again feature exciting retail real estate developments. Here is a selection of shopping centers and projects with retail components.

“Wining, Dining, Shopping” is Wein & Co’s unique concept. The Austrian Wine Merchant recently opened its unusual flagship store in the heart of downtown Vienna.

Hines has secured leading international fashion retailer Primark as the anchor tenant for its mixed-use development in Berlin.

Designed by Chapman Taylor’s Madrid studio, Mall of Qatar has officially opened its doors to the public after its soft opening on December 10, 2016.

Redevco is pursuing a long-term investment strategy based on quality and sustainability. As a result, the company is in the process of certifying as much of its portfolio with BREEAM In-Use as possible.

Within three weeks of opening, the shopping center in the eponymous West Polish city had already welcomed its one-millionth visitor.

Belgrade Plaza is an €80-million investment and will consist of 61,000-sq-m of GBA, providing approximately 32,300 sq m of retail space across three levels.

The Most Exciting Retail Real Estate Projects.