CURRENT PROJECTS, TRENDS AND STRATEGIES OF DEVELOPERS

Development

Entering India

Ingka Centres, formerly IKEA Centres, unveils a major new strategic vision that will see it invest €5.8 bn over the next three years – and sets off for the Indian subcontinent.

EPERIA in Prešov attracted over 3.5 million visitors in first year

Prešov’s EPERIA Shopping Mall has enjoyed a successful first year. This modern regional shopping center with 21 970 sq m of rentable space in the Sekčov suburb’s retail zone has become the market-leading shopping destination in Prešov.

THE NEW, INCREDIBLE CHAPTER OF NICOSIA MALL

Cyprus’s ambitious shopping, leisure, and dining development opened its doors on November 21, 2018, revealing an extraordinary space that has been designed to please.

PROJECTS & OPENINGS EUROPE

SPAIN: Finestrelles | POLAND: Vis à Vis Wilanów | FRANCE: Nice Lingostière | GERMANY: OEZ | RUSSIA: Rublyovo-Arkhangelskoye Smart City | GERMANY: Gropius Passagen | SERBIA: IPM | HUNGARY: New Campona | ITALY: COM Caselle Open Mall | GERMANY: Erlangen Arcaden

TCONCEPT’S DESIGN OF SHOPPPING CENTER FINESTRELLES OPENED ITS DOORS IN BARCELONA

Equilis has opened the Shopping Center Finestrelles in Barcelona. The open-air shopping destination was designed by the Dutch architectural company TconcepT and it is covered by three iconic pergolas.

Projects & Openings International

Al Farwaniya Property Developments has recently shared the tenant line-up for its super-regional Reem Mall project in Abu Dhabi. +++ Benoy has announced its second project with Hong Kong China Travel Service (HKCTS) – Ningbo If Mall. +++ Macerich and Simon have announced the formation of a 50/50 joint venture to create Los Angeles Premium Outlets. +++ The construction of the KWG M Cube, a 40,000-square-meter shopping center designed by MVRDV, has recently been completed.

Westfield London Also Turns 10

Almost simultaneously with ACROSS, Europe's largest shopping center celebrates a decade of operation. Westfield London reveals how shopping habits have transformed in the British capital over the last 10 years.

“We Saw the Interest of Investors Vanishing”

From the outbreak of the financial crisis until 2016, hardly any new shopping center openings occurred in Spain and Portugal, reports Francisco Cavaleiro de Ferreira, Managing Director of Multi in Iberia. Now, the markets have recovered.

Dubai Mall celebrates its 10th anniversary

The shopping hotspot in the United Arab Emirates is one of the world’s biggest shopping centers with its total sales area of 350,000 sq m.

We ❤ Leisure

ECE LEISURE SPECIAL

Year after Year ...

... innovative retail real estate projects and refurbishments are unveiled at Mapic in Cannes. These are just a few examples.

PROJECTS & OPENINGS EUROPE

SPAIN: Inmobiliaria Espacio has appointed UK retail and leisure agency Lunson Mitchenall to drive forward the next phase of retail and leisure leasing at Caleido in Madrid. The Torre Sevilla shopping center opened its doors to the public. | SWEDEN: Mölndal Galleria opened in the Greater Gothenburg Area. | GERMANY: After three years of renovation, Helio, with its 38,000 sq m, opened its doors in Augsburg. Ernst-August-Galerie in Hanover will be modernized, redesigned, and expanded. Prelios Immobilien Management has presented a comprehensive concept for the redesign of the Galerie Neustädter Tor in Gießen, Hesse.

"IKEA Centres becomes Ingka Centres"

The rebranding does not change anything for tenants and customers, emphasizes Managing Director Gerard Groener.

“Creativity and Courage Can Make All the Difference”

TconcepT was founded in The Hague five years ago and is already active in 15 countries, as General Manager Frank van Dongen reports.

PROJECTS & OPENINGS INTERNATIONAL

Mitsui Fudosan Co. announced the grand opening of Mitsui Outlet Park Taichung Port, central Taiwan’s largest outlet mall, on December 12, 2018. | Palladium in Umuarama (Brazil) will bring greater comfort, development, and leisure to a market that has the largest consumption potential in the region. | Simon Premium Outlets announced the opening of Denver Premium Outlets (USA).

Rhein-Ruhr Zentrum in Mülheim: Once Stagnant, Now Completely Revitalized

The German Ruhr region is regarded as the largest catchment area in Europe – even ahead of the metropolitan areas of London and Paris. In that region – specifically in Mülheim – Rhein-Ruhr Zentrum, which opened in 1973, is now undergoing a 200-million-euro modernization.

Building an experience into a city

Edinburgh St James is set to revolutionize retail within the Scottish capital.

From a Porcelain Factory to an Outlet Center

Seventeen years have already passed: In 2001, a small outlet center was built in the Upper Franconian town of Selb in the former manufacturing halls of the long-established Heinrich porcelain factory. The new Outlet Center Selb is currently under construction there.

Projects & Openings Europe

Boxpark revealed plans to revive Brighton’s iconic Madeira Terrace into an internationally renowned retail leisure and hotel destination. Colosseum Retail Park will construct Colosseum Mall and the expansion of the existing retail scheme in Northwest Bucharest...

"AROUND ONE HUNDRED STOP SHOPS HAVE BEEN PLANNED"

The new locations of the retail park chain will be deliberately located outside the environment of existing competition, reports Gerald Grüll, Head of Asset Management Retail at Immofinanz.