Chapman Taylor Director Jens Siegfried believes that the Covid-19 emergency has highlighted the pressing need for mixed-use urban regeneration, as the trend towards online shopping accelerates. Drawing on Chapman Taylor’s experience, he writes about the way forward for urban regeneration, with a particular emphasis on a well-considered mix of functions and context-sensitive design.
In mid-June, the Supernova Group opened its 15th retail property development in Požega, Croatia: The Supernova Požega retail park introduces famous brands to the city of the same name in Slavonia, in the east of the country.
The remote-event already took place for the third time. Six top-class panelists tried to predict how the Covid-19 crise will change the industry. A big and prominent expert-audience followed the discussion.
„The reopening showcased our strength as a pan-European platform, as we shared the experiences of each country reopening, starting with Germany in mid-May, followed by all of the countries we are operating in.“
“Now, ULI Europe’s latest report, ‘Reshaping Retail–Accelerating Change’, forecasts that the impact of Covid-19 will accelerate the restructuring of the retail property sector, even more so in the United Kingdom.”
Covid-19 has presented property owners and developers with unique challenges, and for Atterbury Europe that is compounded by having operations in three different territories: Romania, Cyprus, and Serbia. Asset manager Vlad Valcea gives some insights into the Company’s strategy.
Retail, from purpose-built shopping centers through to traditional high streets, has been facing long-term challenges, even before Covid-19. And the shift from single to multiple format offers, or mixed-use, is becoming firmly established.
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