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Search Results for: across leisure – Page 3

credit: MAPIC

“OUR JOB IS TO GIVE THE INDUSTRY A PERSPECTIVE.”

We are in the middle of a transformation, states MAPIC Director Francesco Pupillo. The changes in the retail world are also reflected in the changing role and face of MAPIC. This includes the presence and support of new players. But in the end, the purpose of the biggest industry fair stays the same: It is a dealmaking opportunity.

ACSP Congress 2023 /// credit: ACSP

ACSP Congress 2023: The Future Model For Quarter Development

“Quarters are not defined by their developers, but by those who use, work, and live in them”, stated Christoph Andexlinger, Chairman of ACSP, and CEO of the Austrian shopping center market leader SES, in his opening speech at this year´s congress, which focused on city and town quarters, while presenting not only new ideas, but bringing numerous examples of quarters in practice.

Designer Outlet Algarve, new plaza in the center extension, opening 2025. /// credit: ROS Retail Outlet Shopping

ROS Retail Outlet Shopping Pursues Its Trading-Up Strategy And Expansion Plans

Supported by a strong performance across its 12 premium outlet destinations, ROS Retail Outlet Shopping is focused on upgrading its brand mix. The European operator, together with partners, is set to further grow its portfolio with center extensions in Designer Outlet Gdańsk, Designer Outlet Algarve, and Designer Outlet Croatia, and the new development Designer Outlet Kraków.

Cotswolds Designer Outlet in Tewkesbury, creating 12,635 sq m space for 56 new brands. /// credit: Realm

Outlet 3.0 – What’s in store?

Across the outlet market, we’ve started to see a growing number of brands, including Hugo Boss, Adidas, and Tommy Hilfiger, actively seeking larger retail spaces with a clear objective: to elevate and enrich the ‘flagship’ outlet in-store experience, explains Dan Mason is Managing Director Realm. This year marks the 30th anniversary of the UK’s first outlet center, and as we look ahead to the next decade for this resilient retail sector, what will be the defining trends of Outlet 3.0?

credit: MAPIC

MAPIC Awards 2023 finalists announced

Created in 1996, the MAPIC Awards reward excellence, innovation and creativity in the retail real estate industry, celebrating the industry’s most useful, sustainable and visionary projects.

Credit: CLOSTERMANN DESIGN LTD

LEISURE AREAS IN SHOPPING MALLS: TRANSFORMING RETAIL SPACES INTO EXPERIENTIAL DESTINATIONS

Shopping Malls in the USA, Middle East, and Asia are not just places to shop but have emerged as epicenters of social interaction, thrill, and recreation. Europe is on the brink of embracing this trend, says Matthias Clostermann, Owner and General Manager at Clostermann Design. Therefore, malls across the continent are inching towards becoming entertainment hubs. But there is still a lot of hesitation.

THE VITAL ROLE OF FOOD AND BEVERAGE AT MODERN MALLS

The F&B sector has changed significantly in recent years, not only in terms of the size of the market, but also in the variety and quality of the offering. As rents continue to rise in Europe, space previously dominated by fashion retailers is now being occupied by trendy gastronomic restaurants. People have evolved from collecting “things” to collecting “experiences”, and shopping centers have adapted to this change by improving and expanding their gastronomic offerings. Food and beverage (F&B) will play an even more crucial role in the success of retail real estate.

VIA Outlets officially opened the 4,000 sq m extension to its Sevilla Fashion Outlet. /// credit: Bellier

VIA Outlets’ €30m Remodeling and Expansion of Sevilla Fashion Outlet Opens with Debuts by Karl Lagerfeld, Under Armour, G-Star Raw and many more

VIA Outlets officially opened the 4,000 sq m extension to its Sevilla Fashion Outlet yesterday, culminating a 30-million-euro project to modernize and evolve the center since its acquisition in 2016. With the recent extension, a 17-million-euro investment that includes a spectacular glass-covered gallery, Sevilla Fashion Outlet now offers 20,000 sq m of prime commercial space.

Westfield Centro /// credit: Oliver Blobel

Largest Zara flagship store in Germany – Inditex and Unibail-Rodamco-Westfield extend partnership at Westfield Centro

Zara is relocating within the shopping and leisure destination and significantly expanding its presence: Through extensive construction measures, a flagship store with 6,000 sq m of rental area is being created on a central axis on the ground floor of Westfield Centro. The opening is planned for the first half of 2025. Until then, Zara will continue to operate its current store in the center. Unibail-Rodamco-Westfield (URW) and Inditex are once again strengthening their strategic partnership in Germany with this new cooperation.

credit: ROS Retail Outlet Shopping

Place of the Week: La Torre Outlet Zaragoza

Since its opening in 2020, La Torre Outlet Zaragoza continuously provides premium experience for its customers, while also ensuring the sustainable management of its assets.

Vicolungo The Style Outlets /// credit: NEINVER

NEINVER and Nuveen Real Estate’s joint venture receives highest 5-star rating in GRESB Benchmark Report for the fourth consecutive year

NEINVER and Nuveen Real Estate have received the highest 5-star rating in the 2023 Global Real Estate Sustainability Benchmark for the fourth consecutive year for Neptune – a joint venture between NEINVER and Nuveen’s parent company, TIAA -, placing it in the top three in the “Southern Europe, Retail Centres” category in terms of overall ESG performance.

Sergio Jiménez, Marketing & IT Director at NEINVER /// credit: Neinver

Loyalty Schemes: A Win-Win For Brands And Customers

“One of the most surefire ways for management companies to optimize revenue for brands is to find ways to improve customer loyalty and to ensure both new and repeat visits,” states Sergio Jiménez, Marketing & IT Director at NEINVER.

Search for sustainable start-ups: Unibail-Rodamco-Westfield awards upcycling start-up Airpaq as the winner of the Westfield Grand Prix for the Germany and Austria region

A select expert jury including industry leaders and members of the Unibail-Rodamco-Westfield (URW) management team chose Airpaq, which creates upcycled products such as backpacks and bags from car parts, as the big winner of the Westfield Grand Prix 2023. The Community’s Choice Award was presented to CleanlyEco, which produces sustainable washing strips. The awards evening took place at the shopping and leisure destination Westfield Centro in Oberhausen.

credit: HBB

REVITALIZATION AND ASSESSMENT OF RETAIL REAL ESTATE: CASE STUDY OF RATHAUS GALERIE ESSEN

Retail property revitalization and valuation is a complex process that aims to increase a property’s value and make it more attractive to retailers and customers. HBB sheds light on the various aspects of this process, including analyses, costs, steps, success factors, and necessary partners. A site-specific approach is elementary, as the Rathaus Galerie Essen example shows.

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THE LEVEL OF EXCELLENCE WE SHOULD STRIVE FOR TODAY AND TOMORROW
Originally developed solely to meet the daily needs of consumers, shopping centers quickly became an asset class. The model worked very well for a long time, but as consumer behavior has changed, so have the requirements of tenants, operators and investors. The obvious task to satisfy customers, business partners and stakeholders is: Get your customers to return to your locations. Clear differentiation and positioning as well as a clear focus on people are crucial.
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