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THE LATEST PLACEMAKING NEWS

credit: Stratosferica

Urban Optimism in Action: The Utopian Hours Festival in Turin, October 17-19, 2025

ACROSS Magazine speaks with Giacomo Biraghi, co-founder of Stratosferica and one of the driving forces behind the Utopian Hours festival, a one-of-a-kind international gathering in Turin that reframes how cities are celebrated, studied, and shaped. In this interview, Biraghi discusses the ethos behind the event, its approach to urbanism, the evolving role of retail real estate, and how Turin is benefitting directly from this growing global platform.

credit: Kaufhaus Tyrol

Kaufhaus Tyrol in Innsbruck Sold – New Operator Takes Over Following Signa Bankruptcy

The Kaufhaus Tyrol, a prominent shopping center located on Innsbruck’s Maria-Theresien-Straße, has been sold following the bankruptcy of Signa Prime Selection AG. The newly established company KHT AcquiCo SARL has acquired the property. While the exact purchase price remains undisclosed, reports suggest the sale amounted to approximately €140 million.

Will Odwarka is the Founder and CEO of Heartatwork Hospitality Consulting. /// credit: ACROSS, Will Odwarka

Will’s F&B Insights: The Mirage of Fast-Franchising – How Underdeveloped Restaurant Concepts Damage the Industry

An increasing number of underdeveloped restaurant concepts are rushing into franchising—putting not only investors at risk but also eroding trust in the industry as a whole. In his incisive article, Will Odwarka, Founder and CEO of Dubai-based Heartatwork Hospitality Consulting, warns in his latest F&B column against the “myth of easy money” and explains how lack of concept maturity, insufficient support, and short-term thinking can backfire in the long run.

credit: Alexa

POP MART Debuts First German Store at Berlin’s ALEXA

Berlin’s ALEXA shopping center has just become a paradise for collectible lovers as POP MART opens its very first German retail store, bringing coveted designer toys and exclusive limited editions to the heart of the capital.

credit: Bernhard Claßen for GCSP

Christine Hager Joins Management Board of Sonae Sierra Germany

Christine Hager has been appointed to the management board of Sierra Germany GmbH with immediate effect, succeeding Jorge Morgadinho. A seasoned executive and real estate expert, Hager has been part of the leadership team since Sonae Sierra took over the property management division in 2022, and she reports directly to the executive board of Sonae Sierra in Portugal.

credit: MEC

MEC Leases 74,000 sq m of Retail Space in First Half of 2025

MEC, a leading specialist in the management of retail properties, remains on its growth trajectory in the first half of 2025. The company signed a total of 124 new and renewed lease agreements across its portfolio, covering approximately 74,000 sq m of retail space. A standout success story is the Halle Center Peißen, where MEC has demonstrated its comprehensive management and implementation capabilities.

credit: Robert Fritz/SES

Strong Partnerships, Thriving Centers: SES Shoppartner Satisfaction Survey 2025

Austria’s largest shopping center operator, SES Spar European Shopping Centers, has taken a close look at the satisfaction of its retail, gastronomy, and service partners. The results of a new survey show high marks across the board, especially for local center management and the company’s strong image.

credit: Rhubarb Hospitality Collection

Anchor partners for the fine dining cluster at Westfield Hamburg Überseequartier: ‘Elemente’ and ‘Air Bar 13’ to open in the first quarter of 2026

Hospitality Collection (RHC) is the key anchor tenant for the exclusive fine dining and bar offering at the waterfront of the urban quarter. Together with Unibail-Rodamco-Westfield (URW), interior fittings for the two future food & beverage and event hotspots have started. The South American restaurant ‘Elemente’, which was specially designed for the location, and the rooftop venue ‘Air Bar 13’ will bring cosmopolitan appeal directly to the river Elbe. The concepts are scheduled to open in the first quarter of 2026.

credit: NEINVER

NEINVER Appoints David Hernández as New Sustainability Manager

NEINVER, a leading European company in the development, investment, and management of outlet centres, has announced the appointment of David Hernández as its new Sustainability Manager. His appointment forms part of the company’s evolving ESG strategy – an essential pillar of its business model and a key driver of its decarbonisation roadmap.

credit: Balfin

BALFIN Group: Shaping the Future of Real Estate in the Western Balkans and Beyond

With a dynamic mix of shopping malls, retail parks, hotels, and residential developments, BALFIN Group is setting new benchmarks for real estate in Southeast Europe. In this exclusive interview, the company’s Vice President of Real Estate Asset Management, Csaba Toth, outlines BALFIN’s growth strategy, from expanding its footprint across the Balkans to entering mature Western markets. He explains how the group is redefining retail, embracing digital innovation, and why its integrated approach makes BALFIN a one-stop gateway for international investors and retail brands eyeing this fast-growing region.

credit: MK ILLUMINATION

BETWEEN DISCOUNT AND LUXURY: WHY RETAIL DESTINATIONS NOW DEPEND ON EMOTION – AND HOW LIGHT MAKES ALL THE DIFFERENCE

The retail world is undergoing radical realignment. Discounters thrive through efficiency. Luxury brands shine with immersive storytelling. In between, the middle market is eroding. Locations that don’t tell a compelling story are losing relevance. MK Illumination sees this polarization not as a crisis, but as a creative opportunity. Where emotion enters the equation, value returns – and light is the most powerful medium for creating that emotional connection.

credit: HyperIn

PEOPLE POWER: THE UNTAPPED ESG VALUE IN RETAIL REAL ESTATE

ESG is everywhere in commercial real estate – on investor slides, in procurement tenders, in board-level commitments. However, while the environmental and governance pillars are well-institutionalized, the social side often remains vague, difficult to quantify, and harder to activate. That gap caught my attention, states Jean Carlos Delgado, Brand and Marketing Director, HyperIn Inc.

credit: umdasch

A new dimension for travel, enjoyment and shopping: umdasch realises Smartseller store at Nuremberg Airport

Opened at the beginning of April, the new 1,100 sq m Smartseller store offers travellers an innovative duty-free shopping experience combined with high-quality food and beverage offerings and a sense of regional identity. The Store Makers at umdasch took on the entire project management for the store construction and ensured a smooth and high-quality implementation with the delivery and installation of furniture, light sculptures and catering elements.

credit: Fiba

BEYOND THE MID-MARKET SEGMENT: HOW FIBA CP NAVIGATES THE GLOBAL RETAIL DIVIDE

Retail is no longer defined by the mid-market segment. Across the globe, a growing divide is reshaping the sector: Luxury brands are thriving on exclusivity and immersive experiences, while discount retailers are rapidly expanding through pricing power and operational scale. Mid-market players – the dependable heart of shopping centers – are being squeezed out, explains Yurdaer Kahraman, CEO and Board Member of Fiba Commercial Properties.

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Shaping Spaces: Top Placemaking Projects of 2025
Across the globe, developers and architects are reimagining what it means to create “retail space.” The projects featured in this special edition, selected by leading industry experts, represent more than just successful developments; they are blueprints for the future of how we live, shop, and connect.
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