Advertisement

PROJECTS, TRENDS AND STRATEGIES

ACROSS interviews Constantin Wiesmann, Director of Leasing, and Anna Laura Riemann, Senior Leasing Manager, responsible for Westfield Hamburg-Überseequartier, of Unibail-Rodamco-Westfield (URW) in Germany. They talk about current challenges in retail, omnichannel models, the future of the industry, and the Group’s key project, Westfield Hamburg-Überseequartier.

Nivy Station is a special project. It represents a fusion of various functions into a single, deliberate concept that will provide Bratislava with a new airport-style bus terminal, more than 250 retail establishments, a fully-fledged gastronomic zone with a marketplace offering local farm products, and a green roof for active rest and relaxation. Thanks to the integration of the bus station and its overall location, this center will be a transport hub, suitable for all kinds of urban as well as regional mobility. It is situated in the heart of a dynamically developing business zone and is a neighbor to existing as well as emerging projects in the Nové Nivy zone.

Europe’s largest mixed-use project to date is due to be built in the Romanian capital. An investment in the amount of 2.87 billion euros has been made.

LATEST TRENDS IN ASSET AND CENTER MANAGEMENT

2022 is the year of vibrant opportunities and great rebirth – and again it will be a year of constant changes. The tiring phrase “the world will no longer be the same” will be our everyday companion. But what does the placemaking industry have in store for 2022? To recap the turbulences of 2021, industry experts all over Europe have shared their experiences and learnings with us. Here is their outlook for the new year.

Landsec has announced the appointment of Remco Simon to its executive leadership team in the newly created role of Managing Director–Strategy and Capital Markets. The role will report directly into CEO Mark Allan.

Redevco has appointed Marrit Laning to the company’s Board in the role of Chief Strategy and Innovation Officer, reporting to CEO Andrew Vaughan. She will help drive the diversification of Redevco’s portfolio across property sectors and its investment strategies in the transformation of mixed-use urban areas.

DEVELOPMENTS AND TRENDS IN THE OUTLET INDUSTRY

STRATEGIES OF RETAILERS

In the western part of Belgrade, Serbia, BIG CEE is developing a unique multiuse concept. The project, totaling 105,300 sq m, comprises a residential area that includes nearly 1000 apartments, an office building, and a retail area. With this project, BIG CEE works towards a positive development boost for the entire area.

RETAIL TECHNOLOGY

PLANS OF INVESTORS AND OWNERS

The traditional shopping center market in the country appears to be becoming saturated and investors are now seeking other “niche” retail formats.

Kesko Corporation, the Swedish life insurance company AMF Pensionsförsäkring AB, and the Ilmarinen Mutual Pension Insurance Company have agreed to set up a joint venture called Ankkurikadun Kiinteistöt Oy with equal shares.

Blackstone Real Estate Partners Europe IV announced that it acquired an additional three assets in Portugal and Spain, which will be managed by its European retail platform, Multi Corporation.

WHERE THE INDUSTRY MEETS