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Credit /// Left: ambas; Right: Union Investment

M&A, EXPANSION, AND RESILIENCE: THE FORCES SHAPING EUROPE’S SHOPPING DESTINATIONS

In the retail real estate sector, bold moves are reshaping the European landscape. Recent landmark transactions, including FREY/ROS, Sonae Sierra, and Unibail-Rodamco-Westfield, signal the start of a new investment cycle. At the same time, several companies are embarking on remarkable expansion journeys, positioning themselves for long-term growth. In this interview, Steffen Hofmann, Managing Partner at ambas, explains why now is the right moment to “think big”, what drives corporate M&A strategies in retail, and how these shifts are redefining market opportunities across Europe.

CC REAL’S GASTRONOMY STRATEGY: “HANDS-ON MANAGEMENT INSTEAD OF STANDARD SOLUTIONS”

Gastronomy is no longer just a side element, but a key factor for the attractiveness and dwell time of shopping centers. At CC Real, F&B, therefore, has a permanent place in the expansion and repositioning strategy. Why culinary diversity is a matter for top management, which trends they consistently embrace, and why courage, hands-on management, and individual concepts make the difference: Those are the topics discussed by Markus Brugger, Managing Director Asset Management, and Sorin Scurtu, Executive Director Leasing. Despite their enthusiasm for gastronomy, the managers have a clear message: Well-executed gastronomy is a differentiating factor, but not a universal remedy.

Credit: ROS

THE RISE OF THE VILLAGE-STYLE OUTLET

Designer outlet shopping is no longer considered a niche retail format. It has become a resilient growth story within the global retail real estate sector. Combining premium brands with guaranteed year-round value – outlets typically offer 30–70% savings on merchandise – drawing in shoppers who are increasingly value-conscious but still aspire to purchase luxury and lifestyle labels.

Credit: ACREM

Shaping Retail in Albania: QTU Celebrates 20th Anniversary

QTU, Albania’s first shopping center, marks its 20th anniversary – celebrating two decades of redefining retail, leisure, and family experiences. The milestone highlights a story of innovation, customer loyalty, and strong emotional connection. Its month-long anniversary campaign drew record footfall and reinforced QTU’s position as Albania’s most established and future-ready shopping destination.

Credit: Daniel Bointner

“RIGHTSIZING IS MORE IMPORTANT THAN UPSIZING”

With new international brand partners, a clear focus on sustainability, and high levels of investment, Designer Outlet Parndorf continues to assert itself as one of Europe’s leading shopping destinations. General Manager Mario Schwann, in an in-depth interview, discusses the success factors behind events such as the recent Late Night Shopping, the growing importance of tourism and gastronomy, and why “rightsizing” is sometimes more critical than larger store spaces.

Credit: CEEPlay

DESIGNING PLAYFUL LANDMARKS AND TRANSFORMATIVE PUBLIC SPACES

Ibrahim Eker is the founder of CEEPlay, a company that has become known across Europe and beyond for its unique realizations of placemaking through innovative, architectural playgrounds. Collaborating closely with Carve, a design studio that is world-renowned for its groundbreaking work, CEEPlay has turned children’s playgrounds and public spaces into eye-catching landmarks that stimulate not only children, but the communities around them. In this in-depth conversation, he reflects on his journey, his design philosophy, the impact of play on urban environments, and the future of public space.

Credit: HyperIn

HOW MONETIZATION STRATEGIES ARE EVOLVING WITH TECHNOLOGY

What if your shopping center could predict which tenant would fail three months before they knew it themselves? What if empty walls and busy corridors could generate as much revenue as the stores beside them? What if finding the perfect pop-up tenant took minutes instead of months?

Credit: Kinexio

FLEXIBILITY VS. STABILITY IN RETAIL LEASING: HOW TO BUILD SMARTER PORTFOLIOS IN AN UNCERTAIN MARKET

Long-term leases and predictable returns are no longer the bedrock of retail real estate. In a post-pandemic world shaped by volatile consumer habits, economic uncertainty, and omnichannel disruption, landlords face a new reality: Tenants demand agility, landlords need security, and the lease itself has become a delicate balancing act. David Fuller-Watts, CEO of Kinexio, explains: From short-term pop-ups to turnover-based rents, the rules are being rewritten, and technology may be the key to turning risk into resilience.

Credit: FREY

FROM PROMENADES TO OUTLETS: FREY’S BOLD PATH TO MARKET LEADERSHIP

FREY Group has transformed the retail landscape with its open-air Shopping Promenades, and now it is venturing boldly into the outlet sector. In this exclusive interview, Chairman & CEO Antoine Frey explains why the acquisition of ROS was pivotal, how cultural placemaking and B Corp sustainability guide the company’s vision, and why projects like Malmö Designer Village and Designer Outlet Berlin are setting new standards across Europe.

“WHAT’S THE SECRET TO OUTLET SUCCESS? EMPOWER THE TENANT”

In the evolving outlet retail landscape, tenant performance is more than a priority. It’s the engine of profitability. In this expert commentary, Rioja Estates’ Managing Director Giles Membrey lifts the curtain on why thriving tenants lead to thriving assets. From data-driven collaboration to precision in unit sizing, location, and customer experience, Membrey reveals how strategic landlord-brand partnerships are redefining retail success – one store at a time.

Wingstop UK Lands in Silverburn

Silverburn, the leading prime retail and leisure asset located in Glasgow, owned by Henderson Park and managed by Eurofund Group, has further expanded its growing F&B offer with the recent signing of Wingstop UK.

credit: Fiba

“WHEN TENANTS THRIVE, ASSETS GROW”

In an era in which consumer expectations are evolving faster than ever, Fiba Commercial Properties is reimagining retail spaces as dynamic ecosystems of experience, technology, and tenant success. In his exclusive ACROSS Magazine statement, CEO Yurdaer Kahraman outlines a bold vision, from Star Mall’s immersive gastronomy zones in China to AI-powered platforms in Turkey, proving that when tenants thrive, assets don’t just grow, they transform.

Portrait: MPC Properties

EXPERIENCE BEATS SPACE: HOW RETAIL PROPERTIES CAN ONCE AGAIN BECOME PLACES OF RELEVANCE AND COMMUNITY

In an age in which digital dominates and foot traffic is harder to attract, retail spaces are being reimagined not just as places to shop, but as platforms for experience, education, and emotional connection. In her latest piece, Pınar Yalçınkaya, CEO of MPC Properties, explores how AI, sustainability, and creative activations are helping transform shopping centers across Serbia into vibrant hubs of relevance. From beekeeper suits and dinosaur replicas to podcast stages and robots that greet you by name, MPC is proving that future-proof retail is less about space and more about meaning.

credit: © RRZ

ADVENTICA Launches Its First German Outlet at Rhein-Ruhr Zentrum

Following the successful contract signing last year, ADVENTICA, the international operator of indoor family entertainment destinations, is set to open its first German location at Rhein-Ruhr Zentrum (RRZ). Spanning 3,600 m², the new facility will enter a multi-week soft-launch phase ahead of its grand opening on October 17, 2025.

Portrait credit: Kirchgasser Photography Photo credit: Olaf Kitzig Design

Thomas Bühner brings new restaurant concept to Westfield Hamburg-Überseequartier

Internationally renowned top chef Thomas Bühner is opening a new dining concept at Westfield Hamburg-Überseequartier – right on the waterfront with a view of the river Elbe. Unlike his restaurants in Düsseldorf and Taipei, the focus in Hamburg is not on fine dining, but on a modern, cosmopolitan all-day dining and bar experience that emphasizes accessibility and joie de vivre.
With this step, Bühner is consciously opening a new chapter – straightforward, inspiring and with international spirit. The opening is planned for the first half of 2026. Further details on the concept will follow – but one thing is already clear: Hamburg can look forward to a new culinary narrative.

credit: BIG CEE

BIG Čačak by BIG CEE officially opened its Doors

Serbia’s first lifestyle retail park, BIG Čačak, is now officially welcoming customers with 45 new stores and 500 parking spaces, offering a unique experience that combines shopping, gastronomy, and leisure.

credit: SES

Strong Partnerships require a Paradigm Shift in Thinking

The world of retail real estate is revolving faster than ever before: Consumer behavior is changing rapidly, brands are disappearing overnight, and digitalization and shifting values are forcing us to rethink the way we do things. In order to survive, you need more than just square footage; you need a deep understanding of retailers, customers, and social developments. That is why Spar and SES are committed to building genuine partnerships – on an equal footing, with flexibility, innovative strength, and shared responsibility for success.

credit: Ingka Centres

The Power of Collaboration

In a world that’s becoming increasingly digital Ingka Centres believes the future lies in real-world connection. Through a bold mix of play, purpose, and partnership, Ingka Centres is transforming retail destinations into inclusive, experience-driven Meeting Places.

credit: SmartGifty

When Shopping Becomes an Experience: Smart Retail Destinations

Retail and tourism are merging, as malls transform into destinations where visitors seek experiences, not just products. From Dubai Mall to Mall of America, the world’s shopping centers are reinventing themselves with entertainment, digital services, and personalized journeys. With innovations like SmartGifty, even regional players such as BTC City Ljubljana are proving how digital gift cards, loyalty programs, and smart platforms can turn retail hubs into tourist magnets. The future of shopping is experiential, digital, and sustainable. And it’s already here.

CEO PERSPECTIVES 2025: WHEN THE TENANT THRIVERS, THE ASSET FLIES

“When the tenant thrives, the asset survives” is an old saying in retail real estate leasing management. But survival is only the baseline – the ambition must go further. Not just to “survive” – the asset should “fly.” But what will it take in 2025 for an asset to take off? For this cover story, we asked leading figures in the European retail real estate sector what they see as the most significant current challenges, as well as the solutions needed, for retail assets not just to survive but to prosper.