Cano, GERMANY +++ Galerija Belgrade, SERBIA +++ Galeria Andrychów, POLAND +++ Prishtina Mall, KOSOVO +++ Drehscheibe, GERMANY +++ Novum Presov, SLOVAKIA +++ Mesto Vstrechi, RUSSIA +++ AFI Brasov, ROMANIA +++ Center Alt-Erlaa, AUSTRIA +++ Plärrermarkt, GERMANY
After the two shopping center openings in the Serbian capital, the focus shifts slightly to secondary cities and the wider Belgrade region, putting retail parks in the spotlight.
Following a tender, Multi Corporation has been appointed property and asset manager for Central in Bratislava as of November 1. The shopping center, previously managed by Ece, in the capital of Slovakia, with 36,000 sq m of GLA, is owned by Allianz with the long-term strategic management overseen on its behalf by Allianz Real Estate.
When it comes to future-oriented topics such as mixed use, formerly separate asset classes with very divergent ways of working are becoming increasingly blurred. As exemplified by the corporate policy of mixed-use specialist Art Invest, defined goals, a new management approach, clearly regulated internal communication, and a great deal of mutual trust are required.
As the results came in from 25 independent Solal judges across Europe, the person co-ordinating the results was Alan Thornton, CEO of AL Marketing in London and Head of the European Solal Marketing Awards team. He shares his view on the winning entries and considers what Rodovre Centrum, the winner of eight awards, does right when it comes to outstanding marketing effort.
While Western Europe is struggling with the aftermath of the coronavirus and is plagued by inflation concerns, Nepi Rockcastle has delivered 2019-level numbers and boasts a full development pipeline. In an interview with ACROSS editor Reinhard Winiwarter, CEO Rüdiger Dany explains the peculiarities of Eastern European markets, why he is neither concerned about inflation nor in the position of having to actively seek tenants for his sites, and why he sees ESG investments as real earnings opportunities.
Why outlet center operators are increasingly seeking to emancipate themselves from the “factory” image and why large investors now also like to “shop” there.
Zsar Outlet Village is taking shape in the Finnish city of Vaalimaa. The developer EFRE is working on the project with a holiday resort going up nearby.
The Prague Outlet will count 30,000 sq m of GLA. The investor’s stated aim is to develop a premium offering, with light and airy interiors encompassing a host of designer and high street brands.
Mango Home, Mango’s home line, takes a key step forward in its growth with the opening of its first stand-alone store, located at 586 Avenida Diagonal in Barcelona, close to Plaça Francesc Macià, one of the city’s most prestigious shopping locations.
With its history stretching back to the late 1800s, today, Rinascente has a collection of nine prestigious stores in Italy, occupying large historical buildings in the heart of the main cities. They are real references for the city and for an exclusive shopping experience. The brand’s store in Florence is a unique highlight among the nine stores, especially following its remodelling in recent years.
An important metric used by real estate investors to measure the overall tenancy risks of multi-tenant properties like shopping centers is the Weighted Averaged Unexpired Lease Term.
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