CURRENT PROJECTS, TRENDS AND STRATEGIES OF DEVELOPERS
Supernova Invest GmbH, a leading private real estate company with a buy-and-hold investment strategy focused on high quality retail properties in Central and Eastern European countries, has announced the opening of the extended and refurbished Supernova Koprivnica shopping park in Croatia in mid-April 2019. Further refurbishments are planned for other Supernova retail assets in Croatia and Slovenia.
Towarowa 22 is a plot of about 6.5 hectares located in the Wola district in Warsaw (Poland). The owners are EPP and Echo Investment. Hadley Dean, CEO of EPP, explains the project’s retail component.
Residential buildings and hotels emerge on shopping centers. Areas of supermarkets are being used for this as well, as the retail real estate industry discovers the benefits of urban densification.
The redesigning and upgrading of the shopping and experience center in Leipzig/Halle will be carried out at a cost of 40 million euros.
According to Frank van Dongen and Willem-Joost de Vries of Dutch design company TconcepT, such a transformation is necessary. An essential factor in understanding this kind of placemaking is the human scale.
Eperia has expanded by 11,000 sq m, offering even more fashion brands and entertainment options in the city of Prešov, which is located in the eastern part of Slovakia.
Hines and TTMG International have reached an agreement on the start of construction of a luxury outlet shopping mall project — The Outlet Novaya Riga — off Novorizhskoye highway, located five km from the Moscow Ring Road.
Following the recent opening of Icon Outlet, a 19,500-square-meter urban outlet development by AEG and Crosstree Real Estate Partners, The O2 has announced a new wave of restaurants, cementing its position as a destination for world-class retail, dining, and entertainment.
The largest virtual amusement park to date has recently opened at a shopping center in the Belarusian capital. Tourists also make up part of the target group.
MVRDV’s plan for the Taipei Twin Towers has been selected to revitalize the central station area of Taiwan’s Capital. +++ Thor Equities Group has secured long-term leases at The Landmark Guadalajara in Mexico. +++ The Well is an ambitious mixed-use endeavor in Canada, located in the heart of Toronto’s West End. +++ TCC Assets Co., Ltd. and Frasers Property Limited jointly intend to develop 16.7 hectares, in the heart of Bangkok, into a “must-visit” destination city district.
The department store is in crisis. European department store chains close one store after the other. If the format wants to survive it needs to reinvent itself completely.
It was only five years ago that VIA Outlets was launched. In an interview with ACROSS, COO Otto Ambagtsheer talks about consolidating the current portfolio of 11 assets, expanding the Fashion Club loyalty program, and debuting hot local brands like BALR. and Nikkie.
Neinver has announced that it has taken over the management of Silesia Outlet located in Silesia, Poland. The outlet center is currently being developed in the city of Gliwice. The investor is 6B47.
Birmingham City Council has recently announced Lendlease as its development partner to deliver the transformation of the 17-hectare Birmingham Smithfield site.
Ingka Centres ramps up investment in China with new mixed-use projects. This will cost the company €2 billion.
Once again, real estate developments will be presented and advertised in Cannes this year. Many of them will feature retail space. Here is an overview of this year’s event.
SevenCapital is developing North Star Village in Swindon. The Shopping & Leisure Project includes one of the United Kingdom's largest ski and snow centers.
New shopping center projects in Europe have been scarce in recent years. The Unibail-Rodamco-Westfield Group has bucked this trend and is currently developing “Oskar”, an inner-city shopping center in Osnabrück, Germany.
Built in the 1970s, the shopping mall WEZ – Das weststeirische Einkaufszentrum in Bärnbach near Graz is an example of the first generation of malls in Austria.
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”.