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ACROSS

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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.

Projects & Openings International

Designed by Chapman Taylor’s Madrid studio, Mall of Qatar has officially opened its doors to the public after its soft opening on December 10, 2016.

“Digitalization is in full swing”

In an interview with ACROSS, Sebastian Baumann, Head of Department ECE Future Labs, speaks about the “Digital Mall” project and how shopping center operators can gain from new technologies.

Taking environment and habitat into account

Redevco is pursuing a long-term investment strategy based on quality and sustainability. As a result, the company is in the process of certifying as much of its portfolio with BREEAM In-Use as possible.

EATING IN A POST BREXIT WORLD

On June 23, 2016, the people of Britain voted to leave the European Union. More than 30 million people voted, with a much higher than expected turn out, especially in the younger voters.

The security dilemma

The shopping center industry has a problem: the security of its customers. No, it’s not that centers have a security issue. Nevertheless, in these times of terror and armed attacks, it is difficult to balance an easygoing and unhindered shopping experience with the best-possible security for our customers.

The Cinema Year 2017

Great achievements and great challenges await cinemas in the coming year: After a highly fluctuating year for cinemas in 2016, cinema operators and entertainment venues can expect big blockbuster sequels and thus high footfall in 2017.

Project & Openings Europe

Belgrade Plaza is an €80-million investment and will consist of 61,000-sq-m of GBA, providing approximately 32,300 sq m of retail space across three levels.

Retail Asset Management as a Holistic Approach

According to Stephan Austrup, Head of Retail in Germany at TH Real Estate, omni-channeling and digitalization are key drivers of change. In all acquisitions and in business plans for existing portfolios, he therefore considers the impact of this change on retail formats, retailers’ required floor plans, and whether the property provides the necessary layout flexibility.