“Retail has become an experiential interface, and the outlet proposition offers a key difference,” states Daniel Losantos. On the occasion of the ACROSS anniversary, the CEO of NEINVER took the opportunity to reflect on the last few years and to look ahead to the future, despite the uncertainty in which we find ourselves today.
Around 900 guests from the retail, gastronomy, leisure and real estate sectors followed the invitation of URW to the two-day Retail Open House in Hamburg. The focus of this year’s Retail Open House was on the presentation of URW’s corporate strategy, the portfolio in Austria and Germany as well as an update on the mixed-use project Westfield Hamburg-Überseequartier.
HMSHost International has reinforced its position in the Nordics. Continuing to build on the longstanding collaboration with Finavia at Helsinki Airport in Finland, HMSHost was awarded an additional four stores for a contract term of six years, valued at more than 50 million Euro.
“We have learned to be very proactive and responsive to rapid change,” states Maxence Liagre. The CEO of MPC Properties, along with other employees from various departments, reflects on the past 15 years, the challenges facing the SEE market, and what the next decade has in store.
How would one summarize the last 15 years in retail real estate? Gregory Fonseca, Director of Architecture BDP, expresses it in one word: disruptive. He takes us on an instructive journey through 15 years of retail and retail architecture.
Unibail-Rodamco-Westfield currently operates 23 centers in the Germany and Austria region: 21 in Germany, eight of them in the Group’s own portfolio, and two in Austria. A total of 732 leases were concluded for these 23 centers last year. In addition, the mixed-use project Westfield Hamburg-Überseequartier, which is being developed by URW in Hamburg’s HafenCity until spring 2024, also experienced a lot of activity in 2022. The pre-letting rate for the retail, dining, and leisure sectors is now 73 percent.
“We believe in making the most of unused and underutilized spaces, ensuring that they can benefit and strengthen the entire fabric of the estate”, states Otto Ambagtsheer, CEO of VIA Outlets and Member of the ACROSS Advisory Board.
“The greatest opportunities we should focus on are those that provide an Educational, as well as an Experiential component to them. Both these “E’s” are the foundational pieces on which to build real value”, states Chris Igwe, Global Retail Expert and President of Chris Igwe International and member of the ACROSS Advisory Board.
Manifesto Market opened Europe’s largest food hub in Berlin, Potsdamer Platz. 22 restaurants spread over 4,400 sq m on two floors, and invite guests to a culinary journey through Europe, to Asia via the Middle East, and to South America. Those parameters make Manifesto Potsdamer Platz Europe’s largest food hub.
By the turn of the year, Unibail-Rodamco-Westfield Germany had gained 20 more partners for the various retail, dining, and leisure clusters of the upcoming flagship destination in Hamburg’s HafenCity. The leasing of the food & beverage areas is also in progress.
The McArthurGlen Group, has announced the planned opening of the first outlet destination for Eataly’s concept. Opening its doors at Serravalle Designer Outlet near Milan in Summer 2023, the store will enhance McArthurGlen’s growing portfolio of food and beverage brands, offering guests a place to Eat, Shop and Learn, all under one roof.
Despite all challenges, a lot is happening in the retail real estate industry and great projects are in the making. This is best illustrated by the entries for the MAPIC Awards 2022 category “Best performing Shopping Center”. They include assets such as shopping centers, outlets, and retail parks. They show innovation through new technologies, customer loyalty programs, retail mixes and architectural features which come together for the aim of increasing footfall, customer satisfaction, average spending and offering a unique experience in a new shopping destination. All these outstanding projects demonstrate the strength, innovation, and positivity of our industry.
Never before has the retail sector faced so many challenges at the same time – and shopping center operators alike. Joanna Fisher, CEO at ECE Marketplaces, and Steffen Friedlein, Managing Director Leasing Services at ECE Marketplaces, explain why there are still grounds for optimism, and why flexibility is key – both when setting own priorities and in relation with tenants and investors.
G Factory is the latest operator to sign up for new space at Basingstoke’s Festival Place. The independent desserts operator has signed a 10-year lease on 174 sq m at the scheme.
London’s leading food hall, Seven Dials Market, celebrates its three-year anniversary, cementing its position as a destination for culinary diversity and exploration.
Inflation will inevitably have a direct effect on people’s spending habits, but NEINVER CEO Daniel Losantos is confident that the combination of NEINVER’s value proposition, experience and flexibility will continue to be a winning retail formula.
Thomas Reichenauer manages some of Europe’s most successful outlet locations as Founder and Managing Director of ROS Retail Outlet Shopping. He spoke with ACROSS about his company’s plans as well as the opportunities and challenges facing the industry.
It is an exciting time for our current and future developments, which have hit some key milestones in recent times, says CEO Otto Ambagtsheer. All of his developments and projects happen under the light of high ESG and energy efficiency standards. ACROSS spoke with the VIA Outlets CEO about the current mood in the outlet industry.
Societies have changed, retail has changed, and so must architecture and the real estate industry. “Le 31” has become a model for Redevco’s vision on how to redefine retail and create a connected community of stores, partners, and visitors.
The last two years have shown us that nobody can predict the future, but: Understanding detailed customer behavior and responding with specific value and service are no longer “extras” with respect to the retail business model – they are essential to survival.
Innovative global ideas and projects vie to win 12 categories of Awards, to be presented on Wednesday, 30th of November, during MAPIC 2022 at the Palais des Festivals, Cannes, France
Consumer behaviors and the business environment are changing fast under the global circumstances. Therefore, it is critical for real estate development companies to keep a pulse on both. The consumer is today at the heart of business more than ever before, say Jovana Cvetković and Nemanja Bućinac from MPC Properties.
Lakeside, owned by property company SGS, announces M&S has signed to open a new store at the center, due to launch in Spring 2023.
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