CURRENT PROJECTS, TRENDS AND STRATEGIES OF DEVELOPERS
Dietmar Reindl, COO of IMMOFINANZ, gives an interview regarding the road to becoming Europe's leading retail park operator and the challenge of online retailing”.
Following its completion just a few months ago, Soravia is expanding its Retail Park Liptovský Mikuláš location in Slovakia. The potential for exciting fashion concepts is tremendous.
Neinver continues to strengthen its position around Europe with two new projects in Amsterdam and the French Alps region.
East Finland Real Estate recently celebrated the opening of Zsar Outlet Village in Vaalimaa, Finland.
The first phase of Icon Outlet at The O2, a 19,000 sq m urban outlet developed by AEG and Crosstree Real Estate Partners, opened on October 20, 2018.
CBRE, the exclusive consultant of the second phase of the new “Ordzhonikidze 11” discount center, has recently announced 90% occupancy.
Since November 15, 2018, Thessaly has had its own outlet, Fashion City Outlet, in the city of Larissa in Greece.
Groupe Idec Invest, the property investment company of Groupe Idec, recently announced the opening of Viaduc Village, its first outlet project, for summer 2019.
VIA Outlets is continuing the transformation of its portfolio across Europe. An expansion and remodeling program of €29 million, focusing on three outlets in Sweden, Spain, and Poland, began last autumn to help increase the overall guest experience and better position the outlets as premium shopping destinations across Europe.
Scalo Milano Outlet & More, the city outlet situated 15 minutes from Milan’s center, covers a surface area of 30,000 sq m and will soon be expanded to approximately 35,000 sq m in order to accommodate an additional 25 stores.
Atrium has been extremely active in Warsaw over the past few months. CEO Liad Barzilai intends to further optimize the portfolio in the city.
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.
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.
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.
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
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.
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.
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.
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.
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.