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Paradigm Shift in City Centers

Online retail is increasingly shaking up tenant mixes in Europe’s cities. The bricks-and-mortar trade is desperately seeking innovative concepts.

It Could Be Rosier…

Experts continue to fear a drop in sales in retail stores, falling demand for retail space, and store closures. That is the essence of the “4th Shopping Center Market Report Switzerland 2017.”

Digital Prospects for Shopping Centers

Around 50 retail real estate industry experts met in Frankfurt for the second “innovation incubator.” The theme of the workshop hosted by the German facility services expert Wisag was “Digital prospects for shopping centers and retail properties.”

Projects & Openings Europe

FRANCE Créteil Soleil | GERMANY Löhr-Center and PEP | ITALY Adigeo | POLAND Forum Gdańsk and Janki | RUSSIA Riviera | SERBIA Ada Mall | UNITED KINGDOM Eden Walk and The Glass Works

“Still space for unique projects”

According to Marcin Materny, member of the management board and managing director of the retail department at Echo Investment, there is no potential for traditional shopping centers in Poland. The reason is that the time has come for focusing on spectacular projects like the company’s “Towarowa 22.”

UK HIGH STREETS THRIVE ON EASTER WEEKEND

The Easter Bank Holiday Weekend has lived up to expectations as the most anticipated weekend for retail after Christmas as retail intelligence experts, Springboard have recorded an increase of +1.2% to UK high street footfall for the Easter Weekend to date [Good Friday to Easter Sunday].

“Gastronomy offer is a win-or-lose issue”

What customers have long demanded of malls is now being demanded of designer outlets. They must offer customers more than shopping, says Henrik Madsen, Managing Director Northern Europe at McArthurGlen, in an interview with ACROSS.

VAL D’EUROPE MALL BECOMES BIGGER AND BETTER

With more than 17 million visitors per year and 17 years after opening, Val d’Europe is once again at the forefront of retail innovation with an expansion bringing (opening April 12) its total sales area to more than 105,000 sq.m. The extension features 30 new brands and an even more tailor-made customer path.

Outlet Park Szczecin with record-high number of visitors

Outlet Park Szczecin, owned by Echo Polska Properties, is the most popular outlet in Poland – in the first quarter of this year it was visited by 825,837 people – more than in case of other similar outlets. Average monthly footfall in Outlet Park Szczecin amounts to 290,000 customers.

The Race for Space is Over

For the last five years, we have seen that retailers and brands have slowed their expansion plans significantly as they review their portfolios in an attempt to understand their customers and their rapidly changing habits. Profitability has been hit—hard in many cases.

Mipim: Pulling Back the Curtain

Mipim, which takes place in Cannes from March 14 to 19, will once again feature exciting retail real estate developments. Here is a selection of shopping centers and projects with retail components.

The Successful Integration of Food & Beverage into Shopping Centers

In order to provide the retail and leisure industry with guidance and insight to navigate the opportunity posed by F&B, the ICSC commissioned JLL to carry out a global study. It should provide a holistic, 360-degree view of the current landscape, challenges, risks, opportunities, and future outlook for foodservice within the shopping center space.

Dine and Drink with the Gods

“Wining, Dining, Shopping” is Wein & Co’s unique concept. The Austrian Wine Merchant recently opened its unusual flagship store in the heart of downtown Vienna.

Projects & Openings Europe

Hines has secured leading international fashion retailer Primark as the anchor tenant for its mixed-use development in Berlin.

IT IS ALL ABOUT STOMACHS…

So, we have arrived in 2017, the world is changing again and this year promises to be one of the most “interesting” for a long, long time.

Clearly weakened indicators of investment

BNP Parisbas Real Estate recently published “At a glance: UK shopping center & out of town retail market, December 2016.” One of the headlines is that investment volumes fell by around a third compared to 2015 for both the retail warehousing and shopping center markets.

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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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